Latest Headlines – Page 345
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Sergio Tacchini remains with 13 people
Sergio Tacchini International is going through a drastic downsizing and restructuring program that revolves around the concept of enlisting new licenses.As recently reported in SGI Europe, the Italian sportswear brand announced in September that it has teamed up with IMG in a multi-year agreement under which the international sports, fashion and ...
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Mizuno takes over the distribution in Italy.
A new sales subsidiary of the Japanese group for the Italian market, Mizuno Italia, will start up on Jan. 10, allowing the group to use synergies with other sales subsidiaries in Europe. It will be led by Mark Kaiway, a Canadian-born Mizuno veteran who has been running the company's German ...
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Black Diamond fills new positions in Europe and the U.S.
Black Diamond's Swiss-based European subsidiary is creating three new positions to strengthen its sales and product team as well as its back office. New positions have also been announced in the U.S., particularly in connection with the brand's launch of its first apparel line.Olav Nietzer joins Black Diamond as European sales manager. ...
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Loubsol is sold to a health and beauty firm
Loubsol, the French maker of sports sunglasses and goggles based in the Jura region of France, has been sold to Batteur, a specialist in health and beauty products. Sport-Guide.com reports that its owner, Robert Clément, now 70 years old, has been looking to sell the company for several years. He ...
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Arena shares U.S. sponsorships with Speedo
Arena will team up with USA Swimming, the U.S. swimming federation, from the start of next year, as part of a wide-ranging eight-year deal. Unlike the situation in previous years, when Speedo had far-reaching rights with regard to the sponsorship of U.S. swimmers, the federation has started to split rights ...
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Heelys reports flat sales and a loss
Heelys has reported unchanged consolidated revenues of around $6.6 million for the third quarter ended Sept. 30, but the net loss increased to $2.4 million from the net loss of $1.5 million booked in the third quarter of 2011. Domestic sales increased by 17.3 percent, mainly due to the new ...
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Nike improves everywhere except in China
Nike reported a sales increase of 7 percent to $6.0 billion for its continuing operations in the second quarter of its fiscal year, which ran until the end of November, and this was equivalent to a jump of 10 percent in constant currencies. Interestingly, the Nike brand's underlying sales continued ...
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Franz Koch will leave Puma
Puma will undergo a radical management change in the coming weeks as Franz Koch, the company's chief executive, and three out of its four other managing directors are preparing to exit. Koch will leave the shaken German sports group at the end of March, after less than two years at ...
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Sports Direct moves eastward and into ski
Sports Direct International (SDI), the big British sports retailer and wholesaler, is apparently moving into the ski market with the acquisition of Ski Warehouse, a specialist retailer with four stores in the U.K. and an online store at skiwear4less.com. Store staff confirmed that the takeover took place earlier this month ...
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Ongoing strong results at Sports Direct
The London Olympic Games contributed to an impressive sales increase at Sports Direct International (SDI), which saw its turnover jump by 22.5 percent to nearly £1,089 million (€1,337m-$1,765m) for the 26 weeks until Oct. 28. Aided by the outstanding performance of British athletes at the Olympics, as well as the ...
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English people are sportier
The organization of the Olympic Games in London and the success of Britain's athletes at the Games have led to a considerable increase in sports participation in the country, after the continued decline that was registered last year. According to figures released by Sport England, the grass-roots funding body, the number ...
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The major sports brands are set for growth in Korea
As the competition has been heating up in the Korean sporting goods market, with outdoor brands snatching market share from their rivals in the rest of the market, the most active brands have been focusing on improving the sell-through in their hundreds of franchised and own stores.The Korean sports apparel ...
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A more comprehensive retail panel by Sports Tracking Europe
The Sports Tracking Europe joint venture between NPD Group and GfK has launched a new point-of-sale market research service in France and Germany to monitor sales of many different categories of sports apparel and equipment in the stores. The data are being supplied to clients on a monthly basis, along ...
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SportScheck moves into smaller cities
After developing a network of large stores in the country's bigger cities, SportScheck, Germany's leading integrated sporting goods retailer is now determined to make it into smaller towns as well. With smaller stores with a selling surface of some 1,000 square meters, Scheck is targeting urban areas with between 100,000 ...
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Décathlon enters Bulgaria
The Oxylane group will enter the Bulgarian market next year with its first Décathlon store in the country. It is due to open in the country's capital, Sofia, on a surface of 3,000 square meters in September 2013. Reportedly, Décathlon has been looking for a suitable location in Bulgaria for ...
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Intersport is moving ahead in China
Leases have been confirmed for the first three Intersport stores in China: They will be opened from July to September 2013 in Fuzhou, Quanzhou and Xiamen in the south of China. All three of them will have a surface of about 1,000 square meters and are close to hypermarkets and ...
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Korea adopts and adapts multi-brand sports retailing
Several international sports retailers are investing to develop the multi-brand retail business in Korea, where the market remains largely driven by mono-brand stores and department stores.Among the latest investors in the Korean market is Xebio, the Japanese sports retailer. It had 458 stores in its own country by the end ...
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Goldwin sets its sights on Central Europe
Goldwin will have a completely new stand, with a different look and concept stressing its Japanese identity, at next February's Ispo show in Munich. The Japanese company, known for its very technical garments, is going to launch a completely redesigned skiwear line for the winter 2013-14 season at Ispo to gain ...
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Reebok streamlines
Reebok International is streamlining operations worldwide after the Adidas Group admitted a few days ago that the brand would not be able to reach its previously set goals and reduced its forecast for 2015 sales by one-third, deciding that it should get out of team sports and specialize in fitness ...
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Lotto works with Pan in Thailand
After changing the distribution of its products in Australia, Lotto Sport Italia has made a switch in Thailand, where it was previously working through Paragon Vest. It has signed a five-year licensing agreement with Bangkok Athletic Company, a subsidiary of the big Pan Holdings group. The goal is to become one ...
