All Sporting Goods Intelligence articles in Volume 22, Issue 33-34
View all stories from this issue.
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Helly Hansen has joined the list of suppliers working with...
Helly Hansen has joined the list of suppliers working with the Freedom group of outdoor retailers affiliated with the British STAG buying group, giving them preferential terms for its own products
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Article
Shimano ups full-year sales guidance
Along with the release of its first-half results, Shimano upgraded its sales guidance to ¥225.0 billion (€2.0bn-$2.8bn) for the full year, up from an earlier forecast of ¥220.0 billion. The new target represents a 5.3 percent increase compared with the 2010 top line. However, the Japanese company slightly ...
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Article
Rapala will start an Indonesian plant in the fourth quarter
Rapala expects to start the production of soft plastic lures in a new manufacturing unit on the Indonesian island of Batam in the fourth quarter. The project was approved by the Indonesian government in June and represents an investment of €0.5 million. The facility will employ 150-200 people ...
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News briefs
The Lafuma group's sales expanded faster in its third quarter,...
The Lafuma group's sales expanded faster in its third quarter, driven by a 10.6 percent rise in foreign revenues. The momentum is expected to continue in the fourth quarter and in the first quarter of the company's 2012 fiscal year, owing to a significant increase in orders. In the third ...
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Intersport España indicates that its members will open eight...
Intersport España indicates that its members will open eight new stores during the second half of 2011
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Article
Double-digit growth for Timberland
Timberland reported a net loss of $20.1 million for the second quarter, down from a loss of $23.5 million in the same period a year ago, as sales rose by 27.1 percent to $240.1 million, up 20.6 percent on a constant dollar basis. The gross margin declined by 2.1 ...
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News briefs
DQM, described as the leading skate shop in New York,...
DQM, described as the leading skate shop in New York, will open a co-branded store with Vans in the heart of the city's SoHo district in September. Called the Vans DQM General store, it will showcase DQM's own line of apparel and Vans footwear, including some exclusive co-branded styles. It ...
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Article
Décathlon enters Sweden at last
After two years of preparation, the world's largest sporting goods retailer has finally signed all the contracts that should enable it to open its first store in Scandinavia by the end of this year, in time for the important Christmas selling season. Located in the northwest of Stockholm, ...
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News briefs
The Swatch Skiers Cup, a freestyle skiing equivalent to the...
The Swatch Skiers Cup, a freestyle skiing equivalent to the Ryder Cup of golfing, is being launched this year. Eight freestyle skiers from the U.S. will compete with eight European freestyle skiers in Valle Nevado, Chile, on Sept. 5-12. Just like in the Ryder Cup, one skier from each continent ...
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News briefs
Europe was Crocs' fastest growth market in the second quarter...
Europe was Crocs' fastest growth market in the second quarter ended on June 30, with sales rising by 50.4 percent to $52.2 million. For the first time ever, Asia became the company's largest market, overtaking the Americas. But the feat will be short-lived and the Americas should remain the group's ...
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Some respite for cotton
The International Cotton Advisory Committee is predicting a fall in cotton prices over the next year due to a projected 8 percent increase in global production during the 12-month period ending in September 2010. Shortages drove the average price of cotton to a record of US$1.64 per pound during ...
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News briefs
The Outdoor Solutions segment of Jarden Corp. improved its operating...
The Outdoor Solutions segment of Jarden Corp. improved its operating profit by 6.0 percent to $103.6 million in the second quarter as its revenues went up by 11.1 percent to $772.8 million. Excluding the positive impact of foreign exchange rates, sales rose by 3 percent on an organic basis. The ...
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News briefs
Equip Outdoor Technologies, the parent company of Rab, which recently...
Equip Outdoor Technologies, the parent company of Rab, which recently acquired Lowe Alpine from Asolo, is taking over the distribution of the line in the U.S. and Canada from Asolo and its Canadian licensee. By November, the U.S. operations of Lowe Alpine will again be based in Colorado, where the ...
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Article
Columbia is strong, less so in the U.S.
Columbia Sportswear achieved impressive sales figures for its second quarter, lifting its turnover by 20.8 percent to $268.0 million. The U.S. delivered the smallest share of the rise , as the group's turnover in the country firmed up by 4.3 percent. Canada, a traditionally strong market for Columbia products, was ...
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News briefs
Günther Nold, the long-time chief executive of Fink Schuhe +...
Günther Nold, the long-time chief executive of Fink Schuhe + Sport, a major chain of shoe and sporting goods stores, has passed away at the age of 65. He had taken over the shares of the Fink family in the business in January 2010. One of his collaborators, Rolf Lahr, ...
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Callaway wants to spend less, market more
In reporting on a disappointing quarter for Callaway Golf , Tony Thornley , the member of the board who was appointed interim president and chief executive in June, announced a new restructuring plan supposed to save about $50 million a year. Up to half of those savings will be reinvested ...
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News briefs
Pakistan's Federal Bureau of Statistics has reported that the country's...
Pakistan's Federal Bureau of Statistics has reported that the country's exports of sporting goods rose by 8.3 percent to $323 million for the 2010-11 fiscal year ended June 30. Gloves were the biggest-growing segment, up by 22.1 percent to $119.8 million. The “other sports goods” category was up by 21.4 ...
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News briefs
Building on the success of the Surfing China organization and...
Building on the success of the Surfing China organization and the China Action Sports Exhibition trade show, a group of action sports companies operating in China have formed a trade association, called S3 for Surf, Skate, Snow. One of aims is to raise participation in action and board sports. S3 ...
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News briefs
Comprising essentially Life Fitness, the fitness segment of Brunswick Corp....
Comprising essentially Life Fitness, the fitness segment of Brunswick Corp. recorded a 14.9 percent sales increase to $141.6 million for the second quarter, and its operating profit jumped by 120 percent to $19.1 million for the period. Lower sales increases were recorded in the other segments of the group's business: ...
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Nadia Bremer has quit her job as communication manager of...
Nadia Bremer has quit her job as communication manager of the German bicycle group Derby Cycle for personal reasons, and she was replaced by Arne Sudhoff
