Latest Headlines – Page 428
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Npd Estimates The Broader European Outdoor Market At €14.1 Billion
This estimate of €14.1 billion by the authoritative market research company NPD means that the outdoor sector represents about 20 percent of the overall European sporting goods market, previously estimated at around €70 billion at retail, including VAT. According to NPD, this sector grew by 1 percent in 2008, ...
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Summer Shows Shrink
The organizers of the Bread & Butter show, which came back to Berlin on July 1-3 after many years in Barcelona, hailed the event as a great success, but decided not to release attendance figures this time, focusing instead on the “quality” of the attendees. In their public statement, they ...
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Amer’S Biggest Shareholder Cashes Out
Amer Sports was notified today that its biggest shareholder, Novator Finland, has sold it entire stake of 20.11 percent in the company. The sale was reportedly made at a relatively discounted value of €7.00 per share. The news sent Amer’s stock down by 13.9 percent today to €7.15, giving the ...
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Npd Saw A Stable Sports Market In 2008
According to research by the NPD Group, the sporting goods market didn’t grow in 2008 – but on the other hand, despite the global economic crisis, it didn’t shrink, either. In terms of U.S. dollars, sales of sports equipment, apparel and footwear to consumers remained steady at $284 billion, after ...
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Average Prices Are High In The Big Russian Market
NPD Group estimates that the Russian sports market was worth about $5.7 billion in 2008, making it one of 11 countries in the world where sales exceeded $5 billion. NPD has extended its market research into this big market, where it has been tracking sales of sports apparel, athletic footwear ...
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Nike’S Orders Take A Hit In Europe
Nike gained market share in several important countries markets through the 4th quarter of its financial year, ended on June 30, but the company saw its margins squeezed and faced a drop of 12 percent in orders for the Nike brand at the end of the year in dollars, down ...
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Moretti Polegato Participates In The Liquidation Of A Streamlined Diadora
The liquidators of Diadora, Pierantonio Biasotto and Raffaele Gallina, have filed a request with the bankruptcy section of the tribunal of Treviso to seek an arrangement with the company’s creditors over their claims. The time frame to reach the settlement will be defined once the court accepts the request.In the ...
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Golf’Us Expands In Spain
Golf’us, the big Italian-based specialist golf retailer that also operates in France and Germany, has signed an agreement under which it will take care of the pro shops in the 14 Spanish golf courses run by Aymerich Golf Management. They will all be called Golf ‘us.This will raise to 20 ...
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Rossignol Reduces Job Cuts In France
The Rossignol Group has announced that it has reached a final compromise with the unions representing its employees in France that will result in only 232 layoffs, fewer than the 275 job eliminations that had been previously planned. The discussions are still going on with the representatives of the group’s ...
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Besson Is In Liquidation
Besson Sportswear is the new company that was set up in Vienna last year by an Austrian investment fund, Capexit, to take over the former Anzi Besson brand of skiwear and to develop it further internationally. A liquidator has been appointed to sell off the company’s assets, including the Besson ...
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Dainese Links Up With Shimano For Cycling
Dainese, the Italian leader in protection for winter sports and motorcycling, has struck a deal with Shimano for the exclusive distribution of its growing line of cycling products in countries where the Japanese specialist in bike accessories has a direct presence. Effective immediately, Shimano will sell the line in Belgium, ...
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Burton Houses Its Surf And Skate Operations In France
Burton Snowboards Europe is setting up a new office for its Analog and Gravis brands at Hossegor, the European surf mecca on the Basque Coast. It’s located close to the workshop of Channel Islands, a surf shaper acquired by Burton in 2006. The move is intended to boost the market ...
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Rip Curl Teams Up With Operalp In Italy
In four years, Rip Curl’s Italian sales subsidiary has managed to raise its annual sales from €2 million to €5 million with a total staff of three people including its country manager, Riccardo Calderoni. Instead of investing heavily to get to the next step, it has decided to hand over ...
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Big Reorganization In The Italian Fitness Market
Two of the major suppliers of home fitness equipment on the Italian market, Icon Health & Fitness and Fassi Sport, are reducing their operating expenses because of reduced volumes and margins.Icon is about to announce its decision to shut down its Italian office in Perugia, which employs about 10 people, ...
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More Hassle Over Hi-tec Swimsuits
It will certainly continue during the World Swim Championships starting in Rome on July 26. Reserving the right to again revise the guidelines at the end of this year, the international swimming competition authority, Fina, triggered additional criticism from swimmers and their suppliers after its decision on June 22 to ...
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Arena Launches Its Shops
The first of a new series of 25 Arena Shops due to be opened in Italy, France and Germany in the next three years will be unveiled this coming weekend in a shopping mall in Rome, La Romanina, on the eve of the World Swimming Championships due to be held ...
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Freddy Is Eyeing The U.S. Market, Too
Freddy, the Italian leader in dance and fitness clothing, is going to launch a new licensed line of fitness apparel called Fame in Europe and Japan next autumn under a deal with MGM, which is then going to put out a new edition of the famous movie. Parts of the ...
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Nba Has Opened New Offices In Europe
The National Basketball Association of the U.S. has opened new offices in the last few months in Milan, Madrid and Istanbul to help promote the game and the merchandising of its own licensed products. It has also appointed a regional director for the Middle East, Aly El Hamamry, who is ...
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Italy’S New Bike Incentives Likely To Start In September
The Italian government’s new incentive plan to boost the purchase of bicycles, electrical bikes and motorbikes will probably start in September and will be less generous than a previous one. On Tuesday, the environment ministry signed the agreement with the trade association ANCMA, representing manufacturers of bicycles and motorbikes, to ...
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Anta Takes Olympic Deal From Adidas
In a new four-year deal, Anta is the new exclusive supplier for the Chinese Olympic teams for 2010 and 2012. The $17.5 million deal includes other competitions as well, such as the Summer and Winter Youth Games, the Asian Games and the East Asian Games. Anta replaces Adidas as the ...
