All Short stops articles – Page 7
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Short stops
Jan. 21/24 Short Stops: Covid - Fanatics - Hummel - ISRG – Lolë – Smith - TaylorMade – VF - Wilson
Management: +++ Angel and David Segarra Soria, founders of Sprinter and shareholders in the Iberian Sports Retail Group (ISRG) controlled by JD Sports Fashion, have joined the board of directors of Deporvillage, the Spanish-based sports e-tailer recently acquired by ISRG +++ Nadine Garneau is leaving Tremera Brands to ...
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Short stops
Jan. 17/20 Short Stops: Castore – Clarus - Covid – Joma - Kappa - Lacoste - Leki – Macron - Schöffel – Skechers/Forum Sport – SRAM - Tecnifibre - WFSGI
Corporate: +++ SRAM has announced the acquisition of Hammerhead, the maker of Karoo 2 GPS cycle computers (more in the Outdoor Industry Compass) Management: +++ Jürgen Nairz is set to leave in June as the general manager of Schöffel’s Austrian sales subsidiary, which is also responsible ...
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Short stops
Jan. 12/14 Short Stops: Castore - Doghammer - Frasers – JD Sports Fashion – Killer Instinct – Lululemon - Munich - Puma
Corporate: ++++ JD Sports Fashion reports that its executive chairman, Peter Cowgill, has disposed of 10,000,000 shares in the company at an average price of 213.2 cents, or a total of £2.13 million (€2.55m-$2.93m), reducing his stake to 0.19 percent of the capital +++ Schwan-Stabilo, the owner ...
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Short stops
Jan. 10/11 Short Stops: Covid – Craft – Merrell/OR - New Balance – PGA Show – Reima - Shopping streets - Timberland
Legal & Institutional: +++ Like in many German states, retailers of non-essential products in Austria can only be accessed by vaccinated people, starting on Jan. 11 Statistics: +++ London’s Oxford Street was the busiest shopping street in Europe in 2021, according to a report by ...
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Short stops
Jan. 6/7 Short Stops: Facebook - Gymshark - Google – Online - OR - Superfeet
Legal & Institutional: +++ The German Cartel Office said that it is scrutinizing more intensively Google’s use of personal data and the Google News Showcase based on enhanced supervisory powers obtained from the beginning of this year to regulate the anti-trust practices of digital companies +++ CNIL, ...
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Short stops
Jan. 5 Short Stops: Castore – CES - Dorel/Pon – Expo Riva Schuh - Goldwin - Hugo Boss – On – Zoot Sports
Corporate: +++ Dorel Industries has completed the sale of its bike business, Dorel Sports (Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse), to Pon Holdings for $810 million DTC: +++ Goldwin has opened a “flagship store” of 102 sqm. in the Taikoo Li Sanlitum shopping center of Beijing ...
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Short stops
Jan. 3 Short Stops: Adidas/Esprit – Decathlon - Fusalp – Garmin - Macron – Moncler
Corporate: +++ Garmin has acquired Vesper Marine, a provider of vessel monitoring solutions for the marine industry +++ Garmin has moved its stock listing to the New York Stock Exchange after trading on Nasdaq since Dec. 8, 2000 Management: +++ Sang Langill, who spent two years ...
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Short stops
Dec. 23 Short Stops: Frasers - Gaya/Yoga International – Nike - Phillip Plein
Corporate: +++ Gaia, a subscription video-streaming service with more than 250,000 members practicing yoga on its platform, has acquired Yoga International from the Himalayan Institute, adding 4,000 hours of yoga content to its library Management: +++ After only three months in the post, Anouska Kapur, an ...
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Short stops
Dec. 17 Short Stops: ABS/Pyua Anta - Australia – Deeluxe – Covid/Switzerland - Gympass – Hestra – La Sportiva - Le Coq – New Balance – Nike – Ortovox
Corporate: +++ A controlled subsidiary of Anta Sports Products has reportedly invested in a new Chinese footwear and apparel manufacturing and distribution firm, Shangqiu Ancheng Shoes, acquiring 18% of its capital +++ Gympass has bought Trainiac, a personalized fitness training app, planning to roll it out in the ...
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Short stops
Dec. 15/16 Short Stops: Boohoo - Decathlon - Etonic - Oxbow - Shimano – Spyder - Zalando
Corporate: +++ Boohoo has issued a profit warning, citing higher product returns, continued supply chain disruption and significant pandemic-related cost inflation +++ Zalando plans to add two new logistics centers in Poland to its three existing sites in the country Legal & Institutional: +++ Shimano has succeeded ...
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Short stops
Dec. 14 Short Stops: EFTTEX – Jaffa - New Balance - Rose Bikes - Scantrade
Management: +++ Marcus Diekmann will leave on Jan. 1 as the CEO and as one of the three join managing directors of Rose Bikes to run International Brands Company (IBC), the private label subsidiary of Peek & Cloppenburg, but he will continue as an actively available partner in ...
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Short stops
Dec. 13 Short Stops: Asics – JD - Lager 157 – Nike – Sports Direct - Therabody
Corporate: +++ A spokesman for JD Sports Fashion would not comment on a report in The Sunday Times that the group has decided not to appeal again the latest anti-trust verdict forbidding its takeover of the Footasylum chain +++ Frasers Group, parent company of Sports Direct, announced the ...
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Short stops
Dec. 9 Short Stops: Bianchi - Namuk –Peak Sport - Roland-Garros – SIMA – Wilson/USTA – Winter Olympics - VAT on bikes
Corporate: +++ Saying that it spends more than 3% of sales on R&D, China’s Peak Sport reported the establishment of a new sports science laboratory in Xiamen, which is working with universities and other institutions to incubate innovative ideas for sports clothing and footwear +++ Bianchi plans to build ...
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Short stops
Dec. 8 Short Stops: Adidas – Black Crows - Nike – Olympics – Peloton – PGA Show - X-Technology
Management: +++ Matthew Friend, executive vice president and chief financial officer of Nike, is going to join the board of directors of United Airlines +++ Kedar Deshpande is leaving as CEO of Zappos to become the CEO of Groupon, and his successor has not yet been named ...
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Short stops
Dec. 6-7 Short Stops: Alibaba – Catalonia – Holmenkol – Moncler - New Balance - Puma/Helly Hansen - Slinger
Corporate: +++ New Balance is setting up two new showrooms in Sweden, one in Stockholm and the other one in Gothenburg, according to Sportfack, while expanding its collaboration with a logistics provider for the Nordic countries, DSV, through an automated warehouse of 60,000 Management: +++ Toby ...
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Short stops
Dec. 3 Short Stops: Adidas – FC Barcelona - Nike - Selfridges
Corporate: +++ Thailand’s Central Group denies press reports that it is involved in the acquisition of Selfridges, the iconic London-based department store operation owned by the Weston family Management: +++ After 12 years with Nike, its chief marketing officer for the Jordan brand, Sean Tresvant, is ...
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Short stops
Dec. 2 Short Stops: Adidas - Clarus – Gymshark – Hummel - Joy Sportswear – Puma – Selfridges - Skechers - Unisport
Corporate: +++ Following on its acquisition of Rhino-Rack, Clarus Corp. continues to diversify into vehicle accessories with the takeover of another Australian company, Maxtrax, which specializes in recovery tools for off-road vehicles (more in The Outdoor Industry Compass) +++ The Tremblant Capital Group, an activist investor that holds ...
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Short stops
Dec. 1 Short Stops: Asics - Covid - Montura - VF
Corporate: +++ Herno, the Italian casual luxury clothing brand led by Claudio Marenzi, is moving into activewear through the planned acquisition of Montura, the leading Italian brand of mountaiwear, in partnership with Nuo, according to MF Fashion (more in The Outdoor Industry Compass) Management: +++ Ignacio ...
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Short stops
Nov. 30 Short Stops: 2G - Arena – Beachbody - CCM Hockey - Feria del Deporte y la Vida Sana - Leki – PGA Show - Rossignol - WHO
Management: +++ Cristiano Portas, who led Arena from 1999 to 2016, and then Stefanel, has become the CEO of Scarpe & Scarpe, one of the major Italian shoe retail chains +++ Chris Doyle, a founder of the Adventure Travel Trade Association (ATTA) who worked for it for many ...
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Short stops
Nov. 29 Short Stops: Bystronic - Castore – England – Schöffel – Skechers
Corporate: +++ After its recent divestiture of Mammut, its former parent company, Bystronic (ex Conzzeta Group), has raised its stake in Antil, an automation specialist, from 70% to 100% Legal & Institutional: +++ Like in the rest of the U.K., wearing face masks in retail stores ...