Latest Short Stops – Page 8
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Short stops
Nov. 26 Short Stops: ATTA/Tenson - Cotopaxi – Lululemon – OutDoor by ISPO
DTC: +++ Lululemon’s tenth store in Germany has opened its doors in Stuttgart, covering 280 m² in the Dorotheen Quartier Distribution: +++ Artcrafts International, the big Italian distributor of Crocs, Hoka, Teva and other brands, is taking on the distribution of in Italy of Cotopaxi, the ...
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Short stops
Nov. 25 Short Stops: Black Crows – Bollé – Counterfeiting – La Sportiva - Nike - Puma
Legal & Institutional: +++ The lower house of the French Parliament has approved a government bill that would harshen the current legislation against counterfeiting, imposing a €200 fine on people using fakes and adding measures to fight the sale of counterfeit goods online Product: +++ Puma ...
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Short stops
Nov. 24 Short Stops: Garmin – Puma – Salomon - Skechers - SMS
Corporate: +++ Garmin will transfer its stock market listing from Nasdaq to the New York Stock Exchange, with effect from Dec. 7, retaining its GRMN ticker symbol +++ Puma announced that it will raise the minimum wage for its retail employees in the U.S. and Canada to $15 ...
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Short stops
Nov. 23 Short Stops: Blue Tomato - Buff – SRAM - Tennis Warehouse
Distribution: +++ Ultimate Nordic Bikes has taken over the distribution in Norway of SRAM and its brands, including RockShox, Avid, Truvativ, Zipp and Time, starting on Nov. 1 Product: +++ Buff, the leading supplier of sustainable neck and head accessories made in Spain, is ...
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Short stops
Nov. 19/22 Short Stops: Bain & Co. – Corratec - Elan - ManUnited – Nautilus - Louis Vuitton – Nike
Corporate: +++ Corratec, the German bicycle brand, will start a new factory with an annual capacity for 300,000 bikes next February in the Romanian city of Timișoara, repatriating some production from Asia (more in The Outdoor Industry Compass) Management: +++ Manchester United has fired Ole Gunnar ...
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Short stops
Nov. 18 Short Stops: Adidas Terrex - Patagonia – Pitti Uomo
DTC: +++ Adidas has opened the first Terrex flagship store for its outdoor collection on 370 m² in Munich’s Sendlinger Strasse (more in The Outdoor Industry Compass) Management: +++ Rose Macario, former CEO of Patagonia, has joined ReGen Ventures, a global equity fund that invests in early-stage ...
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Short stops
Nov. 17 Short Stops: Decathlon – LaMunt - Macron - Nike - Supreme
DTC: +++ LaMunt, the new outdoor apparel brand for women recently launched by the Oberalp Group, has launched its web store in the Italian, English and German languages +++ Percassi, the retail licensing partner of Nike for Southern Europe, has opened the first Italian Nike Live store in ...
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Short stops
Nov. 12/16 Short Stops: iFIT – JD – Pally’Hi – Puma – Superdry - WFSGI
Management: +++ JD Sports Fashion announced the appointment of a new non-executive director to its board, Helen Ashton, a former chief financial officer of Asos who also held executive roles at Asda, Barclays and the Lloyds Banking Group Distribution: +++ Icon Outdoor has taken on the distribution ...
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Short stops
Nov. 10/11 Short Stops – Aqualung - Brunton – Canada Goose – Decathlon - Denmark – Duca del Cosma - Fanatics – Nike - Saucony – Skechers - Slinger
Corporate: +++ Fanatics plans to issue a senior secured term loan of $500 million, earning BB- issuer credit rating from Standard & Poor’s, which criticized its “onerous” revenue sharing deals, but expects sales and profits to grow at a double-digit rate in the next years, thanks to its ...
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Short stops
Nov. 9 Short Stops: Allbirds – Arc’teryx –Champion - Foot Locker - Gymshark - Jack Wolfskin – Mitre - Supreme
Corporate: +++ PETA, the animal welfare group, says it has bought shares in Allbirds, earning the right to attend the company’s shareholders’ meetings in the hope of swapping its merino wool with vegan textile alternatives Management: +++ Natasha el Mahmoud, a 19-year veteran of Jack Wolfskin who ...
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Short stops
Nov. 4/8 Short Stops: Canada Goose – Conzzeta - Decathlon - XXL
Management: +++ After working a few months for another company, Sebastian Blom will return to XXL at the end of the year to run all the e-commerce operations of the Oslo-based sporting goods retailer in Norway, Sweden, Finland and Austria, based in Stockholm +++ Heinz Baumgartner is due ...
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Short stops
Nov. 3 Short Stops: Canada Goose – Foot Locker - Gymshark – Iconix - JD – Nike – Nordica - Sport 2000
Corporate: +++ JD Sports Fashion has set a new date of Nov. 26 for a general shareholders’ meeting being convened to approve a proposed stock split +++ Lewis Morgan, a co-founder of Gymshark who sold his stake in the company at the end of last year, ...
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Short stops
Nov. 2 Short Stops: Callaway - Faction - Lolë – Lycra - Superdry
Corporate: +++ Julian Dunkerton, founder and CEO of Superdry, has spent nearly £1 million to hike his share in the loss-making company to 20.7% +++ Callaway Golf Company has spent $30 million for a minority stake in Five Iron Golf; an urban indoor golf and entertainment firm with seven locations ...
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Short stops
Sept. 29 Short Stops: Adidas – Fanatics – Fendi - Icepeak
Product: +++ Fendi is the latest fashion brand in LVMH’s portfolio to make a strong statement in the sporting goods sector with a line of skiwear, which uses 100% regenerated duck feathers and Econyl nylon, accompanied by goggles, helmets and drawstring ankle boots, to be followed by FF ...
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Short stops
Sept. 28 Short Stops: Deuter - JD – Macron - New Balance - Nike
Corporate: +++ A general meeting of JD Sports Fashion shareholders that was scheduled to be held on Oct. 28 to vote on a stock split, has been postponed to a still undetermined date, possibly toward the end of November Management: +++ After spending more than six ...
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Short stops
Sept. 26/27 Short Stops: Alibaba - Atmósfera Sport – Bogner - Casall - Columbia – Hoka - ISA - Marucci – Nautilus – Shimano - Skechers – Thule - Timberland – Titleist - VF
Corporate: +++ Marucci Sports, the American producer of baseball and softball equipment and apparel owned by Compass Diversified, has acquired Lizard Skins, a supplier of branded grip products, protective equipment, bags and apparel used in baseball, hockey, cycling, lacrosse and Esports +++ The Casall Group ...
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Short stops
Sept. 25 Short Stops: Adidas – Amazon – CEP - Dakine - Fusalp - Jordan – Peloton – Rossignol - Sequential – Stadium - Vans
Corporate: +++ A company related to a licensee of the William Rast brand of denim and sportswear apparel has offered to pay $1 million for the brand ahead of the Oct. 28 auction for the assets of the bankrupt Sequential Brands Group Management: +++ CEP has ...
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Short stops
Sept. 22 Short Stops: Gymshark - Ironman – Macron - National Snow Show - Norrøna - Olympics – Puma – USA Rugby
Corporate: +++ Paul Richardson a former executive chairman of Gymshark who is still on its board of directors, has reportedly bought a controlling stake in Hera London, a British streetwear brand launched in 2015 +++ Continuing its development in the connected fitness landscape, The Ironman Group has acquired ...
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Short stops
Sept. 20 Short Stops: Anta – Aquafeel - Didriksons – Fischer – Keen – Lululemon – Macron - Revo - Fusalp - Rossignol
Management: +++ Keen Footwear, which is said to be growing strongly in Germany, has appointed its sales agent for the state of Baden-Württemberg, Ralph Hermann, as the brand’s new German country manager +++ Colin Barbé, a former cross-country skier and editor of the French magazine Skieur, is the ...
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Short stops
Sept. 18 Short Stops: Allbirds – Altra – Asics - Bergans – Cisalfa/Puma – Didriksons - Kathmandu - Lenzing – Oberalp – Supreme - United Sports Brands – Wieden &é Kennedy
Corporate: +++ The rating agency MSCI has raised its rating for the Lenzing Group from “A” to “AA” as of September 2021, placing Lenzing among the top six percent of rated companies in its peer group +++ United Sports Brands, the parent company of Nathan, McDavid, Shock Doctor ...
