Latest Headlines – Page 430
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Dutch Buying Groups Treat Buying Members Differently
Euretco Sport has split up its organization in a “formulesector” (formula segment) and a “sector dienstverlening” (service segment) in order to suit the different requirements of the retailers of this Dutch buying group. From now on the retail members affiliated with the Sport 2000 franchised and non-franchised format and with ...
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Sports And Fashion Get Closer Together In Italy At The Agent’S Level
Numerous Italian retailers carry both sports and fashion products, and regional commission agents play a key role in the Italian sporting goods market, as outlined in an extensive country report that we plan to put out in a few weeks’ time. These two patterns are illustrated by the establishment of ...
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New Ski Concept For Non-ski Brands
Imagine the logos of Audi, Easy-Jet or some other major brand printed in a big format on a pair of skis as a form of advertising. A group of five French entrepreneurs and former ski champions has launched this idea with the cooperation of Atomic, which has agreed to turn ...
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Eu Backs Urban Bike Mobility Efforts
The European Commission has announced its decision to appoint a European Bicycle Officer, sitting in its General Directorate for Energy and Transport to coordinate bicycle policies throughout the European Union., responding to the requests of Colibi and other bike-related interest groups. It did so at this year’s edition of ...
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Swedish Market Growth Slowed Down In 2008 But 2009 Started Out Strong
The latest statistics indicate that Swedish sporting goods retailers saw their sales increase by 10 percent in March and 9.1 percent in April, resulting in total growth of 7.7 percent for the first four months of 2009. It did not go as well as that in 2008, but much better ...
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Jd Sports Fashion Buys Chausport
In an interesting foray outside the turbulent U.K. market, the British sports and fashion retailer has agreed to acquire Chausport, a French retailer of athletic footwear with 78 stores in premium urban and shopping mall locations, with a strong presence in the northern part of the country. JD Sports Fashion ...
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Big Drops In Jjb Sport’S Sales And No Turnaround Until The Year-end
Blaming depleted inventories of products due to its financial difficulties, negative publicity and the weakened economy, JJB Sports reported in an interim statement a drop of 23.3 percent in its sales on a comparable basis for the 16-week period that ended on May 17, with a decline of 23.3 percent ...
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New Management Changes At Jjb
One of the key individuals who were appointed by JJB Sports to help guide it through its latest ordeal is stepping down, effective May 31. Peter Williams, the former chief executive of Selfridges who joined the company in December and was named executive director in January, is leaving his position ...
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Karstadt: Exitus Or Rather ‘Kaufstadt’ Ante Portas?
Herbert Hainer, the chief executive of the Adidas Group, has his moments. He gave proof of his visionary approach to sporting goods retailing in a speech before the members of the German Sport 2000 when the buying group celebrated its 25th anniversary in Berlin in 2004. The speech was written ...
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Foot Locker Delivers Better Margins
Foot Locker is investing again in its profitable and growing European business. It plans to add 10 to 15 more stores to its European network of 512 doors this year, and most of the increase in total square meters will come from outside its domestic U.S. market. The American said ...
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Good Winter Didn’T Save Sports In The Netherlands
The largest Dutch buying groups for sports retailers delivered contrasting performances amid a sports market that shrank for the first time in several years, in spite of the bonanza that came with the ice at the end of the year. Mitex, the Dutch retail trade organization, quit monitoring the ...
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French Rental Ski Company Looks To America For Its Next Move
While it continues to expand in Europe, Skiset is moving into the American market. The leading French organization for rental ski stores is setting up a subsidiary in Colorado, targeting 70 members for 2009, and 160 members in the second year. Skiset hired Tony Lyle, former sales and marketing ...
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A Tuscan Chain Experiments A New Way To Grow Nationally
Inaugurating an interesting new business model in Italian sporting goods retailing, Universo Sport, one of the leading specialty sports retailers in the region of Tuscany, has entered the neighboring region of Emilia-Romagna through a special new kind of management contract with a big established sports retailer, Maicol Sport. Occupying ...
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Golfsmith Buys Macgregor Golf Assets
A major American golf retailer, Golfsmith International Holdings, has acquired the rights to the venerable MacGregor Golf brand in the Americas, Europe, Australia, New Zealand and Africa. Golfsmith said the 112-year-old brand will further solidify its own proprietary brand of golf products, without any reduction in its premier brands. Asia ...
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Reusch Moves To The Italo-austrian Border
Reusch is moving its head office from Valencia in Spain to the Italian city of Bolzano, capital of South Tyrol, close to the border with Austria and to the alpine ski slopes. Jürg Buchmeier, managing director of the company, will move there along with almost all the members of his ...
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Lowa Takes A Stronger Role In Tecnica
The Tecnica Group has re-arranged its distribution in Switzerland. Effective January 2010, Lowa will be in charge of the distribution of Tecnica and Blizzard, which will enjoy a joint presentation in the Swiss market. On the other hand, Nordica-Rollerblade will farm out the distribution of Think Pink to Oechslin, a ...
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Helly Hansen Scored Well, Remains Optimistic
Sales grew by 2.5 percent in 2008 for Helly Hansen, or by 5 percent in constant currencies, reaching 1,489 Norwegian kroner (€168m-$232m), or about two billion NOK (€225m-$312m) including licenses. Earnings before interest, tax, depreciation and amortization (Ebitda) went up by 29 percent to 152 million NOK (€17.1m-$23.8m). While ...
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Asics Gains Market Shares In Europe, Pushes Onitsuka Tiger Apparel
Asics has reported that its annual turnover for the fiscal year ended March 31 grew by 7 percent to 241.9 billion yen (€1.8bn-$2.6bn). The Japanese apparel and footwear company’s consolidated annual net income was nearly flat at ¥13.085 billion (€98.8m-$138.0m), compared with the ¥13.095 billion in the prior year, but ...
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Heelys Will Stay Independent Despite A Big Sales Drop
Turnover at Heelys suffered another drop for the first quarter ended March 31, falling by 29.8 percent to $9.2 million compared with the same period in 2008. However, the company boosted its gross profit margin by 9.3 percentage points to 29.8 percent. The final result was a loss of $1.3 ...
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Swim Body Turns Down Some Hi-tec Suits
The International Swimming Federation (Fina) has rejected 10 swimsuits for not passing its tests of buoyancy and thickness and has given manufacturers 30 days, until June 19, to re-submit samples of 136 other swimsuits after making corrections in line with its charter. It did so at a meeting in Lausanne ...
