All Sporting Goods Intelligence articles in Volume 22, Issue 35-36 – Page 2
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Article
Xidelong’s owner shifts output to inland China
Noting that all the players in the athletic footwear and apparel market are facing weaker bargaining power with Chinese subcontractors, Exceed Company says it plans to capitalize on the abundant supply of labor in the inner and western parts of China, acquiring local manufacturers of footwear soles and apparel and ...
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News briefs
GolfBuddy is sponsoring next month's Unicredit PGA Professional Championship, which...
GolfBuddy is sponsoring next month's Unicredit PGA Professional Championship, which will be held under the aegis of the PGAs of Europe in the Pravets Golf Resort and Spa in Bulgaria. The event will mark the return of the Unicredit tournament after a six-year pause. It will also be the first ...
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News briefs
Capitalizin g on the success of its “Omni-Heat” technology for...
Capitalizin g on the success of its “Omni-Heat” technology for winter wear, Columbia Sportswear is seeking to boost its new high-tech image by introducing two new technologies for its spring/summer 2012 collection. It has a design patent pending on one of them and a technological patent pending on an upgrade ...
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News briefs
Holey Soles and Double Diamond Distribution of Canada, plus a...
Holey Soles and Double Diamond Distribution of Canada, plus a Massachusetts retailer selling Waldies clogs are going to be forbidden from selling foam shoes like those of Crocs in the U.S. if President Obama endorses a decision by the U.S. International Trade Commission. Crocs has thus won a ...
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Article
OutDry gets new clients, keeps busy on the legal front
OutDry Technologies, the company acquired by Columbia Sportswear one year ago, has found several new customers for the application of its water-resistant membranes to gloves. One is Browning, the hunting gear company. Another one is a company in the bike sector whose identity will be revealed just before next month's ...
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Short stops
Normark has stopped working with Bushnell on the Swedish market...
Normark has stopped working with Bushnell on the Swedish market for the Michaels of Oregon, Butler Creek, Stoney Point and Millett brands, but the reasons for the breakup are apparently different from those mentioned in the Swedish press
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Article
Rocky Brands improves margins on less military
Rocky Brands suffered a decline in sales to the U.S. military as well. It was partly offset by higher retail and wholesale revenues, but the drop nevertheless led to a decline of 5.5 percent in total sales to $52.3 million in the second quarterAs military sales carry lower prices and ...
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News briefs
USG Brands, the European sports and lifestyle group, will be...
USG Brands, the European sports and lifestyle group, will be coming out with a casual footwear collection through a new long-term partnership with Eddy Merckx Holding. The high-quality men's shoes pay tribute to Eddy Merckx, the Belgian cycling star, by combining elegant style with elements of cycling, such as streamlined ...
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News briefs
Jake Brandman is taking the reins as president of Sanuk,...
Jake Brandman is taking the reins as president of Sanuk, the company bought last month by Deckers Outdoor Corporation. He will take over the position as of Sept. 1, moving from his job as vice president for North American operations at Teva, another Deckers brand. Jeff Kelley, who founded Sanuk ...
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News briefs
Peak Performance, the Swedish ski, outdoor and golf brand, lifted...
Peak Performance, the Swedish ski, outdoor and golf brand, lifted its sales by 7 percent to the equivalent of 977 million Danish kroner (€131.2m-$189.0m) for the year ended on June 30. This emerged in the results of IC Companys, the Danish group that owns Peak Performance along with 10 fashion ...
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News briefs
Mammut Sports Group, the leading outdoor brand from Switzerland, reports...
Mammut Sports Group, the leading outdoor brand from Switzerland, reports a decrease in sales of 10.1 percent for the first six months of the current year and reached total sales of 85.4 million Swiss francs (€75.1m-$107.3m). In local currencies and disregarding the divestment of the Toko wax brand last year, ...
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News briefs
No waste of nonrenewable resources, no traffic bottlenecks, no emissions...
No waste of nonrenewable resources, no traffic bottlenecks, no emissions – except exhalations. Asics wrapped up a one-week trial of a special program earlier this month in conjunction with Addison Lee, the taxi and courier firm, to deliver items throughout central London via runners. Twenty athletes took to the streets ...
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Article
Blacks has new investors, new chief
Henderson Global Investors, a London-based equity firm which went public in 2003, hs acquired a major stake in Blacks Leisure, the big British outdoor and sports retailer. It now has 17.12 percent of the voting rights, which makes it the second largest shareholder of the chain behind Sportsdirect.com Retail (21.3 ...
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Article
Black Diamond Inc.improves sales and margins
Black Diamond Inc., the marketer of the Black Diamond and Gregory brands, reached sales of $28.3 million in the second quarter ended June 30, compared with $7.7 million in the same period of 2010. On a pro forma basis, including the sales of Gregory Mountain Products prior to its acquistion ...
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Article
Foreign exchange rates depress Billabong
Billabong International saw its total revenues from continuing operations rise by 13.5 percent to $1.69 billion Australian dollars (€1.22bn-$1.76bn) in the financial year ended June 30, but its net profit on ordinary activities fell by 18.4 percent to A$119 million (€85.9m-$123.7m). On a currency-neutral basis, sales would have risen by 23.8 ...
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Article
Dorel’s higher-end bikes sell well
Strong demand for the group's premium models of bicycles by independent bike dealers all over the world boosted the turnover of Dorel Industries' Cycling Sports Group (CSG) in the second quarter. The strongest growth was recorded in Europe, where sales of road and mountain bikes to independent bike dealers jumped ...
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Article
Big jump in sales and profits for Foot Locker
Foot Locker's net income jumped more than sixfold to $37 million in the second quarter ended July 30 as its global sales increased by 16 percent to $1,275 million, with a hefty 11.7 percent increase on a same-store basis and a boost of 4.6 percentage points from a positive foreign ...
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Short stops
The big mountain snowboarder Jeremy Jones has joined the global...
The big mountain snowboarder Jeremy Jones has joined the global athlete team of POC
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Article
Globe fares better in Europe
The Australian action sports company booked a 12 percent sales increase in Europe for the financial year ended last June 30, recovering from a 32 percent decrease suffered the year before. However, in terms of Australian dollars, European sales declined by 8.9 percent to 15.0 million Australian dollars (€10.9m-$15.7m), while ...
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News briefs
Bergans of Norway has created the new position of a...
Bergans of Norway has created the new position of a sales and marketing officer: Øystein Bomo joined the company from Jordan, a domestic marketer of oral health care, painting tools and household cleaning equipment. Before, the business of marketing and product management was handled jointly under the leadership of Ragnar ...
