All Sporting Goods Intelligence articles in Volume 22, Issue 31-32 – Page 3
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News briefs
Golfino has assigned its sales operations in Switzerland to the...
Golfino has assigned its sales operations in Switzerland to the agency of Michael Rusterholz, called Custom Made. Corina Leppert, who was taking care of the country, can now concentrate on the Southern German regions of Bavaria and Baden-Württemberg. Rusterholz serves other renowned brands from the fashion and golf clothing segment.
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News briefs
Under Armour is considering opening a full-price shop in a...
Under Armour is considering opening a full-price shop in a European country sometime over the next 12 months as the range of its products is widening, comprising also some models that have been specifically designed for the market. Under Armour's Iberian distributor, Alnisa Sport Group, has just opened the first ...
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News briefs
Under Armour has won a contract to supply performance training...
Under Armour has won a contract to supply performance training wear to all the members of the big Austrian Ski Federation, joining Löffler and Schöffel, which supply them with racing suits and related accessories. The American company will outfit them with base layers as well as outerwear specifically designed for ...
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Under Armour has signed up an endorsement deal with Derrik...
Under Armour has signed up an endorsement deal with Derrik Williams, the NBA rookie and Pac-10 Player of the Year in the U.S.
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Article
Another fund buys Jack Wolfskin; Hell quits
Jack Wolfskin has changed ownership after a couple of months of negotiations with various bidders. Blackstone, the private American equity firm, is taking over the “Paw.” The sellers, Quadriga Capital and Barclays Private Equity, which had reportedly paid about €93 million for the German outdoor brand, plus assumption of debt.The ...
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Correction: Moon Boots are part of Tecnica, not Dolomite, another...
Correction: Moon Boots are part of Tecnica, not Dolomite, another brand of Tecnica Group
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Another Chinese brand, Xtep, will be the official supplier of...
Another Chinese brand, Xtep, will be the official supplier of another Spanish football team, Villareal, under a contract said to be worth €1.3 million annually for the next five years
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News briefs
The Indian government has announced that it is going...
The Indian government has announced that it is going to take action to fight the cotton crisis in the country. It was holding consultations among ministries this week to take a look at cotton exports. Measures it could introduce include reinstating duty drawback on cotton yarn exports and establishing a ...
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News briefs
Skullcandy, the American supplier of trendy headphones and T-shirts that...
Skullcandy, the American supplier of trendy headphones and T-shirts that are also sold in sporting goods stores, had a successful lunch of its initial public offering. The initial $20 price of its shares on the Nasdaq stock exchange valued the company at $535.6 million after reporting a 66.3 percent sales ...
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News briefs
Norbert Olbertz, who founded the American Sport Chalet chain...
Norbert Olbertz, who founded the American Sport Chalet chain of outdoor and snow sports stores in 1959, died of natural causes on July 15 at the age of 86. Trained as a pastry chef, he moved from Germany to Canada and then to the U.S. He set up the ...
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News briefs
Dahon North America, the maker of folding bicycles, has filed...
Dahon North America, the maker of folding bicycles, has filed suit in a U.S. District Court again Joshua Hon and Florence Hon, two former officers of the company, and two companies they operate, Mobility Holdings and Tern Bicycles. Dahon alleges that the two wrongfully seized control of its Taiwan subsidiary, ...
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Article
Amer pushes e-commerce, own retail
Amer Sports plans to increase sales from e-commerce and corporate single-brand stores to 10 percent of the group's net sales. The group has already started pilot e-commerce operations in France for Salomon and Suunto, and now plans to launch new online shops in other parts of Europe and North America.Victor ...
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Dane Reynolds, who is already sponsored by Quiksilver for wetsuits...
Dane Reynolds, who is already sponsored by Quiksilver for wetsuits and Channel Islands for surfboards, has joined Vans' surf team
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Dynafit has launched an innovative summer collection, focusing on alpine...
Dynafit has launched an innovative summer collection, focusing on alpine running and biking (more in The Outdoor Industry Compass)
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News briefs
Alpargatas is going to take over the distribution of Mizuno...
Alpargatas is going to take over the distribution of Mizuno in Argentina, from next February, and it has already started to take orders for the brand in the country. Alpargatas has already been quite successful with the Japanese brand in Brazil, particularly in the running segment. The Brazilian group, which ...
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Short stops
Three Telstar megastores are to open in Almere, Groningen and...
Three Telstar megastores are to open in Almere, Groningen and Amersfoort, in the Netherlands, adding up to seven extra-large sports and lifestyle stores for the banner
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Article
Friedrichshafen’s numbers are up again
A total of 890 exhibitors – up by 3 percent compared with the previous year – welcomed 21,520 trade visitors at the OutDoor show held in Friedrichshafen a few days ago. The attendance figure, which accounts for visits per day, was up by 5 percent compared with 2010.The share of ...
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Article
VF is optimistic after a good quarter
VF Corporation, the owner of The North Face, Vans and many other outdoor, sports and fashion brands, has upgraded its guidance for sales and profits for the full year, after all of its units continued to blaze ahead in the second quarter and it managed to limit the impact of ...
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News briefs
Confirming a revised forecast made last May, after the release...
Confirming a revised forecast made last May, after the release of strong results for the first quarter, Herbert Hainer, chief executive of Adidas Group, told the Dow Jones news wire a few days ago that the group is on target to raise net earnings by between 10 and 15 percent ...
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Article
Major South African retailer goes public
Holdsport, a company formerly known as Moresport that runs 33 Sportmans Warehouse and 18 Outdoor Warehouse stores in South Africa, went public on the Johannesburg Stock Exchange. The transaction gave the company a valuation of about 1.33 billion rand (€136.3m-$196.4m), resulting in a small capital gain for its major shareholder, ...