All Sporting Goods Intelligence articles in Volume 22, Issue 33-34 – Page 3
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Short stops
ECCO has appointed TVC as its lead public relations agency...
ECCO has appointed TVC as its lead public relations agency on a global basis for its sports and outdoor footwear ranges
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Article
Cobra ready to strike after Puma takeover
Just over one year after Puma's acquisition of Cobra Golf, the golf entity of the Puma group has completed its integration and is preparing to take full advantage of the tie-up, with reinforced sales teams and wider distribution.The number of employees at Cobra Puma Golf at its head office in ...
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News briefs
Returning to the game of golf after recovering from a...
Returning to the game of golf after recovering from a knee injury, Tiger Woods wore the prototype of a new golf shoe developed on the basis of the Nike Free concept at this week's WGC-Bridgestone Invitational tournament. Designed to mimic and conform to the natural motion of the foot, coupled ...
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Article
Adidas charges ahead, Reebok suffers American dip
After a second quarter marked by robust underlying growth in all regions, the Adidas group lifted its sales forecast for the full year. While Reebok's drive weakened, the Adidas brand continued to charge ahead, with particularly remarkable gains in Europe. The entire group's sales jumped by 5.0 percent to €3,064 ...
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News briefs
Adidas will replace Nike as the official supplier of the...
Adidas will replace Nike as the official supplier of the French Rugby Federation for six years, starting in August 2012. On the other hand Nike, which has held this contract since 1998, took the place of Adidas last January as the official supplier of the French Football Federation for seven ...
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News briefs
Adidas Outdoor is adding two young top-ranked U.S. female climbers...
Adidas Outdoor is adding two young top-ranked U.S. female climbers - Sasha DiGiulian and Natalie Josefsberg - to its team of sponsored athletes. DiGiulian, a U.S. and pan-American 18-year-old champion, got the gold medal in women's combined at the recent World Championships of the International Federation of Sport Climbing in ...
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News briefs
The Acushnet Company is officially out of the Fortune Brands...
The Acushnet Company is officially out of the Fortune Brands family. The golf company has announced that its sale to a consortium led by Fila Korea and Mirae Asset Private Equity was completed on July 29. Acushnet, which owns the Titleist and FootJoy brands, will remain a standalone company and ...
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Article
Puma’s quarterly sales accelerate
Puma confirmed its goal of reaching revenues of €3 billion this year after posting sales of €673.5 million in the second quarter, up by 9.4 percent in euros and by 14.1 percent in constant currencies. Including sales under license, global brand revenues increased by 9.9 percent to €709 million, 14.4 ...
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News briefs
Point6, an American manufacturer of merino wool socks, has announced...
Point6, an American manufacturer of merino wool socks, has announced that it is moving all production from China to the U.S. The company said the move will allow the company to have better control over product development and the quality of the product, while improving inventory management (more in The ...
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Short stops
Thierry Henry, the 33-year-old French football champion, has signed a...
Thierry Henry, the 33-year-old French football champion, has signed a partnership deal with Puma in which he will work with the company to expand the sport in the U.S.
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News briefs
Implus has signed a 3-year sponsorship agreement for its Yaktrax...
Implus has signed a 3-year sponsorship agreement for its Yaktrax and Highgear brands with Eric Larsen, the explorer who leads the Save the Poles project for the preservation of the Artic and Antarctic. As part of the agreement, Larsen will field-test Yaktrax and Highgear products during his future expeditions and ...
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Article
K-Swiss issues a warning on margins, but wants profit in 2012
After two years of aggressive advertising and promotion spending to reposition the brand into performance running, tennis and training shoes, K-Swiss plans to realign spending with revenues expected to return to profitability next year. It anticipates to post a small profit in 2012.In the meantime, the American company revised downwards ...
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News briefs
Skechers halved its inventory of toning shoes by selling 2...
Skechers halved its inventory of toning shoes by selling 2 million pairs of original Shape-up models at a $21 million loss. The shoes were predominantly sold to one big account. The company booked an additional charge of $4.4 million on the rest of the stock, comprising less than 2 million ...
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Short stops
Forum Sport will be able to open a new 2,400-m²...
Forum Sport will be able to open a new 2,400-m² store in Gijón in September, the 39th door within the Spanish chain, as a local court overruled the opposition of municipal authorities against the move
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Article
BasicNet’s aggregate sales rise by 13.2 percent
BasicNet reported a 13.2 percent increase in its direct sales and those of its licensees in the first half of the year to €198.0 million, driven by strong growth in the Asia-Pacific region. On a currency-neutral basis, sales were up by 18.0 percent.Royalties and sourcing fees were up by 12.5 ...
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News briefs
French sporting goods retailers booked an estimated increase of 12...
French sporting goods retailers booked an estimated increase of 12 percent in their sales during the second quarter, according to the monthly surveys performed by their trade association, FPS, among its members. Excellent weather conditions led to year-on-year sales increases estimated at 14 percent in April and 8 percent in ...
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News briefs
Reporting an 11.6 percent increase at constant currencies in its...
Reporting an 11.6 percent increase at constant currencies in its overall sales for the second quarter, Luxottica indicated that Oakley performed very well, particularly in Europe and Australia. The management said that Oakley's sales would have risen even more if it had not been for capacity constraints, which should be ...
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News briefs
Effective Aug. 1, Findos Investor has acquired Maier Sports, the...
Effective Aug. 1, Findos Investor has acquired Maier Sports, the German brand of outdoor and snow wear, along with Gonso, the company’s bike wear brand. Maier Sports was owned by the Maier family, led by Gerhard Maier as managing partner, who will seek retirement probably at the beginning of next ...
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News briefs
LaCrosse Footwear increased revenues by 2 percent to $27.1 million...
LaCrosse Footwear increased revenues by 2 percent to $27.1 million in the second quarter ended June 25 thanks to strong growth in outdoor sales. The American company's sales to the outdoor market rose by 18 percent to $9.4 million on strong demand for hunting and hiking products. Meanwhile, sales to ...
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News briefs
Nick Matthew, the No. 1 squash player in the world,...
Nick Matthew, the No. 1 squash player in the world, has joined the team of Hi-Tec as a global ambassador. In the sponsorship deal, he will endorse Hi-Tec's squash footwear, wearing the S702 to play and helping the company develop his own signature shoe.
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