Manufacturers

News about manufacturers within the Sporting Goods industry supply chain

Afydad partners with the GSIC, powered by Microsoft

2021-06-30T16:38:00+01:00

The Global Sports Innovation Center (GSIC) powered by Microsoft and the Spanish Association of Sporting Goods Manufacturers and Distributors (Afydad) will be forming a joint commission to expand the use of technology in the sporting goods sector, notably in terms of digitalization, and take part in Spain’s Development Plan for ...

  • Strong post-pandemic progress for Li Ning and Xtep

    2021-04-19T17:04:00+01:00

    As they are only obliged to publish their results for the first half and the full financial year, some more public Chinese sporting goods companies published an operational update for the first quarter, following up on Anta Sports Products’ previously reported excellent post-pandemic figures for the period.

  • Big sales jumps for Yue Yuen

    2021-04-14T17:18:00+01:00

    Yue Yuen Industrial Corp. reported a 30 percent jump in total revenues to $870.9 million for the month of March as compared to a year ago, when the novel coronavirus pandemic shut down its manufacturing and retail operations in China. Revenues from manufacturing and retailing were up by 12 percent ...

  • Industry and governments react to Myanmar military coup

    2021-03-30T17:00:00+01:00

    Pou Chen, the Taiwanese group that controls Yue Yuen, announced on March 30 that it has decided to shut down temporarily its production of athletic shoes for Adidas and Nike in Myanmar for safety reasons. The local management and essential staff will remain in place for maintenance purposes.

  • Yue Yuen posts losses despite retail rebound

    2021-03-24T17:27:00+00:00

    Although China is resisting the pandemic much better than other markets, Yue Yen Industrial Holdings ended 2020 in the red, hampered by the global decline in the demand for shoes, especially in the casual segment. The company was strongly impacted by government measures to contain the spread of the disease ...

  • Li Ning

    Li Ning grows further, adjusting to the pandemic

    2021-03-22T17:43:00+00:00

    Rising interest in exercise and fitness in China after lockdowns were lifted contributed to improve Li Ning’s revenues, which grew 4.2 percent to 14,456.9 million yuan renminbi (€1.86bn-$2.09bn) in 2020. Net income increased by 13.3 percent from the previous year to RMB 1,698.4 million (€218.6m-$246.1m). Excluding a one-time financial gain ...

  • Xtep optimistic about 2021, despite lower profits in 2020

    2021-03-22T17:43:00+00:00

    Xtep International Holdings of China recorded a 29.5 percent drop in net income for 2020, down to 513.0 million yuan renminbi (€66.1m-$78.8m), on revenues that inched down by 0.1 percent from the previous year to RMB 8,171.9 million (€1.05bn-$1.25bn). The gross margin declined by 4.3 percentage points to 39.1 percent, ...

  • Puma manufacturer in China cuts carbon emissions further

    2021-03-19T16:59:00+00:00

    Shenzhou International, an apparel manufacturing partner of Puma in China, has kicked off a large-scale wind energy project that will supply about two-thirds of the company’s electricity needs in China by 2030. Shenzhou already gets some of its energy from a nearby wind farm but it has now agreed to ...

  • Xtep to open operation center in Shanghai

    2021-02-09T17:12:00+00:00

    Xtep International has plans to establish a new operation center in Shanghai. According to a report in Sportstextiles.com, the Chinese sportswear group has entered into an agreement with a property company to acquire a site covering around 11,000 sqm close to Hongqiao Airport. Xtep will use the new site for ...

  • Clarks

    A Li Ning unit may take over Clarks for £51m

    2021-01-20T18:12:00+00:00

    Li Ning, the famous Chinese Olympic gold-medallist-turned-businessman, is about to take control of the iconic British shoemaker Clarks less than a month after its shareholders agreed in principle to sell most of their shares to a Hong Kong-based private equity firm, LionRock Capital. Li is the non-executive chairman of Lion ...

  • Chinese sports brands see better Q4

    2021-01-20T17:18:00+00:00

    We have already reported on the preliminary results of Anta Sports Products for the fourth quarter of 2020, which showed a significant recovery in retail sales for its flagship Anta brand and stronger growth for Fila and the other brands in its portfolio, namely Descente, Kolon Sport, Sprandi, and Kingkow. ...

  • Yue Yuen’s manufacturing revenues fall by 27%

    2021-01-13T18:20:00+00:00

    Yue Yuen’s revenues from footwear manufacturing fell by 27 percent in terms of U.S. dollars in 2020, including a drop of 16 percent in December. The group’s retail subsidiary, Pou Sheng, improved its sales by 1 percent thanks to a strong finish of the year, with sales up by 11 ...

  • China Dongxiang sees profits surge due to Japan sale

    2020-12-02T16:49:00+00:00

    The sale of the Japanese Kappa trademark lifted China Dongxiang’s profits for the six-month period ended in Sept. 2020, which rose to 1,116 million yuan renminbi (€140.6m-$170.0m), up from RMB 188 million for the year-ago period. On the other hand, the company’s gross margin contracted by 5.3 percentage points to ...

  • Losses continue for Yue Yuen

    2020-11-13T18:02:00+00:00

    Despite China’s resilience against the pandemic in the third quarter, Yue Yen Industrial Holdings remained in the red, following two quarters of losses. The company was strongly impacted by government measures to contain the spread of the disease at the start of the year, and although the Pou Sheng Chinese ...

  • Generally positive results for the Chinese sports brands

    2020-10-21T15:31:00+01:00

    Chinese companies don’t publish detailed quarterly results, but all the four major public sporting goods companies except 361 Degrees had something positive to say in their preliminary operational updates for the third quarter of 2000, confirming the Chinese industry’s recovery from the coronavirus pandemic.

  • BasicNet reacquires the Kappa brand in Japan

    2020-09-22T16:57:00+01:00

    China Dongxiang has agreed to sell the rights to the Kappa brand in Japan for $13 million. BasicNet plans to give a major boost to brand’s development in the country, where Kappa generated sales of $30 million in 2019 through Phenix and its licensees. China Dongxiang will continue to focus ...

  • Xtep’s new acquisitions boost turnover, but profits drop

    2020-09-01T17:01:00+01:00

    Last year’s acquisition of K-Swiss and its various footwear labels, including Palladium and Supra, helped Xtep International Holdings of China to show good revenues for the first half of this year. A smaller contribution came from the company’s new joint venture with Wolverine Worldwide, from the Merrell and Saucony brands. ...

  • Logo LiNing

    New strategies make Li Ning resilient

    2020-08-19T16:05:00+01:00

    Li Ning fared better than most of its Chinese peers during the first half. While its net income declined by 14 percent from the year-ago period to 683.3 million yuan renminbi (€82.8m-$98.7m) in reported terms, its adjusted net income progressed by 22 percent when excluding a RMB 269.9 million (€32.7m-$39.0m) ...

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    Market Analysis: The global athletic shoe market

    2020-08-17T20:20:00+01:00

    The global market for athletic footwear enjoyed solid growth of 6.7 percent at the wholesale level last year, reaching a level of $70.9 billion, according to an annual analysis by Sporting Goods Intelligence of the major sports brands’ performance in this segment. It would have risen a little more without ...

  • Yue Yuen 3

    Yue Yuen posts a $136 million loss

    2020-08-17T20:17:00+01:00

    Yue Yen Industrial Holdings was hard hit by China’s measures to contain the spread of coronavirus. The world’s largest shoe manufacturer posted a net loss of $136.7 million for the first half of 2020, against net income of $165.9 million for the year-ago period. The company managed to reduce operating ...

  • BasicNet buys back Kappa Japan from China’s DongXiang

    2020-07-31T17:14:00+01:00

    BasicNet has signed a deal to reacquire the Kappa brand in Japan from the Chinese group DongXiang for $13 million. The company said the deal is limited to intellectual property assets and does not include any related business unit and should take place “in the coming months.”

  • macau-photo-agency-Zak4riFWRT4-unsplash

    Many Chinese sportswear brands issue sales warnings for Q2

    2020-07-24T11:02:00+01:00

    As a result of lockdown restrictions implemented in China and elsewhere during the Covid-19 pandemic, several Chinese sportswear brands have released profit warnings for the second quarter of 2020.

  • Yue Yuen's plants generated 19% less revenues in June

    2020-07-13T17:15:00+01:00

    Yue Yuen Industrial reported a 10.6 percent drop to $724.6 in its turnover in June, as compared to the same month a year ago. The company pointed out that its retail segment, represented by Pou Sheng, saw its sales increase by about 3 percent to $314.4 million, which would imply ...

  • Kappa lifts China Dongxiang’s sales, despite the pandemic

    2020-06-18T10:32:00+01:00

    The recent introduction of a direct-franchise model, designed to ensure a sufficient supply of products in the stores through bulk orders of merchandise, lifted the Chinese sports company’s revenues, which were up by 12.6 percent on a comparable basis in the new financial year ended on March 31, reaching 1,841 ...

  • Heavy losses for Yue Yuen

    2020-05-15T11:16:00+01:00

    As China struggled with the coronavirus outbreak early in the first quarter, Yue Yen Industrial Holdings was strongly impacted by government measures to contain the spread of the disease. The world’s largest shoe manufacturer posted a net loss of $56.3 million for the period, against net income of $75.5 million ...

  • Yue Yuen produced less in Q1

    2020-04-28T18:00:00+01:00

    Yue Yuen Industrial has warned investors that its results for the first quarter of 2020 will show a net loss of $50 million to $70 million, compared with a gain of $75 million in the year-ago period, because of the disruption of its supply chain and the lockdown of the ...

  • WOLVERINE-WORLDWIDE-INC.1

    Chemicals and coronavirus weigh on Wolverine’s results

    2020-03-06T12:00:00+00:00

    (OIC) The group’s two biggest footwear brands, Merrell and Sperry, helped Wolverine Worldwide finish the last year on a high in terms of revenues, with both of them scoring growth in the mid-teens for the fourth quarter ended on Dec. 28. The company also benefited from an acceleration in direct-to-consumer ...

  • A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop...

    2019-12-24T00:00:00+00:00

    A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop in its gross margin of 4.7 percentage points to just 6.9 percent for its first fiscal half ended on Sept. 30 because of smaller orders and their relocation to Vietnamese or Cambodian factories not affected by the U.S. tariffs on ...

  • With its 2019/20 collection, Stöckli, the Swiss ski manufacturer, is...

    2019-11-28T00:00:00+00:00

    With its 2019/20 collection, Stöckli, the Swiss ski manufacturer, is introducing a new corporate design, wordmark and logo. The central element is dynamic lettering with precise lines, developed by hand by the Swiss agency Oeriginal Marke & Kommunikation. The “S” in the new logo symbolizes a downhill skier and is ...

  • Team 22, the exclusive manufacturer of Under Armour's lacrosse equipment,...

    2019-11-28T00:00:00+00:00

    Team 22, the exclusive manufacturer of Under Armour's lacrosse equipment, and the National Lacrosse League (NLL) have extended their partnership for another three years. The NLL is the largest indoor lacrosse league in the world. Team 22 will therefore continue to distribute lacrosse equipment to NLL players. Team 22 became ...

  • Kookaburra, the Australian manufacturer of sporting goods, has been developing...

    2019-08-29T00:00:00+01:00

    Kookaburra, the Australian manufacturer of sporting goods, has been developing a smart ball for cricket. A microlight chip embedded in the ball measures the number of revolutions, delivery speed and other pre- and post-bounce data and sends them to an app that runs on smartphones and tablets. The ball is ...

  • Alpina Sports, the helmet and eyewear manufacturer that is part of...

    2019-08-29T00:00:00+01:00

    Alpina Sports, the helmet and eyewear manufacturer that is part of the Uvex Group, processes approximately 74,400 orders per year. Instead of paper lists, the sporting goods manufacturer now relies on voice control. In the past, the company has preferred manual order picking in its 9,500-square-meter central warehouse in the Swabian ...

  • Armada Skis, the American manufacturer of ski gear and apparel...

    2019-08-29T00:00:00+01:00

    Armada Skis, the American manufacturer of ski gear and apparel acquired by Amer Sports two years ago, has appointed Matt Rihm as director of product & innovation. Rihm will be laying out the global product roadmap and design strategy; heading up all R&D, product development, manufacturing and operations; and coordinating ...

  • Chang Shin, a South Korean footwear manufacturer that works for...

    2019-08-13T00:00:00+01:00

    Chang Shin, a South Korean footwear manufacturer that works for Nike, has invested $100 million in the Vietnamese province of Dong Nai. The company handles design and product development at its headquarters in Korea and manufactures about 90 million pairs of shoes annually in China, Indonesia and Vietnam.

  • Ping, the American manufacturer of golf equipment, has signed an...

    2019-08-01T00:00:00+01:00

    Ping, the American manufacturer of golf equipment, has signed an endorsement deal with Wilco Nienaber. The 19-year-old South African golfer already had an endorsement deal with Opal Sports, a local distributor of Ping products. Nienaber, who has just made his professional debut on the European Challenge Tour, is known for ...

  • YKK, the big zip manufacturer, is launching a zipper product...

    2019-07-10T00:00:00+01:00

    YKK, the big zip manufacturer, is launching a zipper product made from PET bottles, old fiber and other polyester remnants, according to the company. YKK explained that 10,000 Natulon zippers of 60cm length use around 3,600 recycled plastic bottles. The product is bluesign certified. YKK also produces the GreenRise zipper, ...

  • Eurosima, the European association of action sports manufacturers, has announced...

    2019-06-20T00:00:00+01:00

    Eurosima, the European association of action sports manufacturers, has announced the election of Jean-Louis Rodrigues as its new president. Rodrigues is Boardriders' general manager for wholesale for the EMEA region. He will take over from Wilco Prins, the former general manager of Rip Curl Europe, who has held two consecutive ...

  • Aquafil has acquired full control over O'Mara, a manufacturer of...

    2019-06-20T00:00:00+01:00

    Aquafil has acquired full control over O'Mara, a manufacturer of nylon, polypropylene and polyester fibers, based in Rutherford College, North Carolina, for $40.5 million. The Italian yarn company completed the acquisition through its U.S. subsidiary, Aquafil USA. O'Mara, founded in 1970, reported a turnover of $40.1 million in 2018.

  • Atair, a German manufacturer of socks based in Steinfurt, has...

    2019-05-14T00:00:00+01:00

    Atair, a German manufacturer of socks based in Steinfurt, has acquired the license to manufacture and market socks for Völkl. The first collection will include 13 models for skiing, running and hiking as well as other sports activities. The product offer will be expanded in the future to the broader ...

  • After a number of systems from various helmet manufacturers were...

    2019-04-27T00:00:00+01:00

    After a number of systems from various helmet manufacturers were launched on the market over the years claiming to cover rotational movements in the event of a fall and protect the brain, the Swedish company MIPS, the world's leading supplier of helmet-based safety technologies to protect against rotational movements, is ...

  • Tecnifibre, the French manufacturer of sporting equipment, specializing in tennis...

    2019-04-12T00:00:00+01:00

    Tecnifibre, the French manufacturer of sporting equipment, specializing in tennis and squash, has adopted a new logo featuring the three colors of the French flag – blue, white and red. The company launched its new brand identity with a soirée at the Tripot Régnier in Paris in the presence of ...

  • Trerè Innovation, the big Italian knitwear manufacturer that works with...

    2019-03-06T00:00:00+00:00

    Trerè Innovation, the big Italian knitwear manufacturer that works with Armani and Rossignol, continues to expand internationally. This January, right after opening its first store under the new UYN (Unleash Your Nature) brand in Paris, Trerè created a subsidiary in Moscow called Trè Rus. Five employees are already working there. Together with ...

  • Nitro, one of the leading manufacturers of snowboards, has reported...

    2019-02-19T00:00:00+00:00

    Nitro, one of the leading manufacturers of snowboards, has reported that in terms of value its sales for 2018 went up by 20 percent from the previous year. In terms of volume, sales increased by 15 percent to a total of 87,000 boards sold to the trade last year. The average ...

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