All Short stops articles – Page 9
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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 ...
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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 ...