All Sporting Goods Intelligence articles in Volume 22, Issue 37-38 – Page 4
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News briefs
Anta, the Chinese footwear brand, plans to invest in a...
Anta, the Chinese footwear brand, plans to invest in a new production facility for leather footwear in Shangqiu, a city in Henan province. The company will put more than $150 million toward the project. Shangqiu, which has a population of 7.5 million and is a central hub for several railway ...
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News briefs
Nautilus is sueing Icon Health & Fitness for breach of...
Nautilus is sueing Icon Health & Fitness for breach of contract in a federal court in San Antonio, Texas. It complains that Icon failed to make timely and accurate payments of royalties on patent licensing agreements between July 2006 and Sept. 2010. The contract stipulated a royalty fee of 4 ...
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Article
Ellesse returns to the North American market
Chris Evert and a roster of American industry veterans are accompanying the relaunch of the Italian sports brand through a new company, Ellesse N.A., that has obtained the master license for the brand in North America from its owner, Pentland Group. Evert, who won six U.S. Tennis Open championships and ...
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News briefs
Asics America Group has opened the first flagship store for...
Asics America Group has opened the first flagship store for the Japanese brand in São Paulo, Brazil, the first move in the company's planned retail expansion in the country. The Brazilian subsidiary is the company's fastest-growing worldwide, reporting a 39 percent sales increase in 2010. The new store has shoes, ...
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Article
Amer updates status of its strategic plan
Amer Sports, the Finnish sports company, told investors at a “capital markets day” in Helsinki a few days ago that it was on track with its strategic plan outlined one year ago – calling for swift expansion in apparel and footwear, as well as moves into new categories and structural ...
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Heikki Takala, the president and chief executive of Amer Sports,...
Heikki Takala, the president and chief executive of Amer Sports, was joined by Chris Considine, president of Wilson, to ring Nasdaq's opening bell on Sept. 8
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News briefs
Jack Wolfskin has ambitious financial goals for this year. The...
Jack Wolfskin has ambitious financial goals for this year. The company is going back into the Canadian market and opening a new store in France (more in The Outdoor Industry Compass).
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Markus Hamm, who has already worked for JanSport, has become...
Markus Hamm, who has already worked for JanSport, has become sales director of Eastpak for Germany and Austria, replacing André Bortz who has been placed in charge of Scandinavia and emerging markets
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News briefs
The Olympian Alicia Sacramone is the first gymnast to sign...
The Olympian Alicia Sacramone is the first gymnast to sign with Under Armour. She worked with the company on a custom leotard, and will be a brand ambassador at the Olympics.
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Nike has signed up a Russian hockey superstar, Alexander Overchkin,...
Nike has signed up a Russian hockey superstar, Alexander Overchkin, but the deal doesn't cover on-ice equipment, for which Bauer is the sponsor
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Article
Airesis books lower revenues and profits, due to the Swiss franc
The parent company of Le Coq Sportif and Boards & More has reported a net consolidated profit of only 3,372,000 Swiss francs (€2.8m-$3.9m) for the first six months of this year, down from CHF 7,200,000 in the same period a year ago, as its revenues decreased by 5 percent to ...
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News briefs
A U.S. company called Compass Diversified Holdings has agreed to...
A U.S. company called Compass Diversified Holdings has agreed to pay $257.5 million for a stake of 89.9 percent in the holding company of Camelbak, the leading supplier of portable hydration equipment for cyclists, hikers and other athletes. The price is based on an enterprise value of $245.0 million and ...
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News briefs
Carlos Rosal Bertrand, the famous Spanish entrepreneur who fought against...
Carlos Rosal Bertrand, the famous Spanish entrepreneur who fought against Nike in the Spanish courts for many years, died on Aug. 9 at the age of 69. He dedicated most of his professional life to Sport Concept and Comercial Ibérica de Exclusivas Deportivas, also known as Cidesport. Both companies belong ...
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Article
Li-Ning’s order backlog grows again
The Li-Ning brand enjoyed a mid-single-digit rate increase in the value of orders registered during its trade fair for the first quarter of the 2012 financial year. The average retail price of new products and the order volume both recorded low-single-digit increases. The Li Ning Company said that the results ...
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News briefs
The Spanish sporting goods industry federation, Afydad, will be organizing...
The Spanish sporting goods industry federation, Afydad, will be organizing a seminar about radio frequency identification in cooperation with the Barcelona Moda Center, BMC. The event will take place on Sept. 29 at the facilities of the BMC near Barcelona, in Sant Quirze del Vallès. The event program includes a ...
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News briefs
Nike China has admitted to false advertising for its Nike...
Nike China has admitted to false advertising for its Nike Zoom Hyperdunk 2011, which it started selling at the end of July. Caixin.com reports that the advertisements stated that the shoes sold in China had two Zoom Air cushions – like the ones sold in the U.S. – but in ...
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Article
Puma, Nike and Adidas to tackle Greenpeace challenge
The big three international sporting goods companies have gotten on board with a call by Greenpeace in July to eliminate hazardous chemicals from the supply chain. The nongovernmental organization cited Nike, Adidas and Puma among the sporting goods companies using subcontractors in China that were releasing toxic, hormone-disrupting chemicals into ...
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News briefs
Adidas is launching its first “barefoot” shoe, the Adipure, starting...
Adidas is launching its first “barefoot” shoe, the Adipure, starting in the U.S. next November with a recommended retail price of $90 a pair. The European retail launch is expected next June 1. The Adipure is described as a shoe with a low footbed and a minimalistic profile that promotes ...
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Short stops
Matthias Fuchs will run the online marketing activities of Planet...
Matthias Fuchs will run the online marketing activities of Planet Sports, the German-based multi-channel retailer
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News briefs
David Pfeiffer, who acted as chairman of the U.S. National...
David Pfeiffer, who acted as chairman of the U.S. National Sporting Goods Association (NSGA) between 1985 and 1986, has passed away. He was 81 years old.