All Sporting Goods Intelligence articles in Volume 22, Issue 44-45 – Page 2
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Article
More losses for Callaway
Appointed as Callaway Golf's new chief executive four months ago, Tony Thornley is attributing the latest losses to a challenging golf market as well as the lack of a coordinated product and marketing plan that would respond to consumers' preferences. Noting that Callaway is on track to save $50 million ...
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Article
Greek shipping magnate may buy Kaufhof
After the investment company of Nicolas Berggruen recently acquired Karstadt, which has just launched a karstadtsport.de e-commerce operation, another investment firm, Signa, is said to be in the running of take over its major rival, Kaufhof.However, Metro stressed last week that it is in no hurry to sell its department ...
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News briefs
The German sporting goods industry federation, BSI, has hired a...
The German sporting goods industry federation, BSI, has hired a 38-year-old woman, Nicole Espey, to help its managing director, Adalbert von Osten, in relations with the European sporting goods industry federation, Fesi, and with other tasks. Espey has worked in the office of the German Olympic Committee and the European ...
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News briefs
The fitness segment of Brunswick Corporation, consisting essentially of Life...
The fitness segment of Brunswick Corporation, consisting essentially of Life Fitness and Hammer Strength, recorded a 14 percent sales increase to $157.2 million in the third quarter, but sales outside the U.S. declined by 1 percent to 49 percent of the total. The segment's operating profit grew to $22.6 million ...
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News briefs
Brown Shoe Company has finalized the sale of its men's...
Brown Shoe Company has finalized the sale of its men's basketball and lifestyle shoe brand, And 1, to Galaxy International for $55 million in cash. Brown Shoe plans to use the proceeds from the deal to pay down debt. The U.S. shoe retail and wholesale company acquired And 1 in ...
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News briefs
Direct Golf UK, the British specialist golf retailer, has continued...
Direct Golf UK, the British specialist golf retailer, has continued its expansion with the acquisition of Scottish Golf Center, the leading Scottish retailer with stores in Dundee and Edinburgh. The deal is to be completed in January and will enlarge Direct Golf to 19 stores. Mike Grubb, the owner of ...
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News briefs
Stag, the British buying group, held its second buying show...
Stag, the British buying group, held its second buying show in Ireland on Oct. 23-24 in Tullamore. Slightly more than 90 percent of the group's members based in Ireland showed up for the event, with the total number double that of last year's attendance. More than 30 brands were on ...
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JD Sports Fashion, the British sporting goods chain controlled by...
JD Sports Fashion, the British sporting goods chain controlled by Pentland Group, is selling Reebok's RunTone Prime toning shoe at half the regular price on its website, and is offering big discounts on three other models from Reebok's EasyTone collection
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Liquid Force, a wakeboarding and kiteboarding brand from California, will...
Liquid Force, a wakeboarding and kiteboarding brand from California, will be distributed in Spain by Jorcani
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Peak Performance, the Swedish snow sports, outdoor and golf brand,...
Peak Performance, the Swedish snow sports, outdoor and golf brand, is opening a new company-owned store in Andorra later this week, in the Illa Carlemany shopping center in Escaldes
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The professional bowling Hall of Fame member Walter Ray Williams...
The professional bowling Hall of Fame member Walter Ray Williams Jr. has joined the Brunswick Pro staff, representing the company on the Professional Bowlers Association Tour
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News briefs
The situation worsened in the first half for Blacks Leisure...
The situation worsened in the first half for Blacks Leisure Group, as sales declined and losses widened for the British outdoor and sporting goods retailer. The group's new management, led by Julia Reynolds, who joined the company as chief executive on Aug. 1, still sees clear potential for a turnaround ...
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News briefs
United Brands, the Belgian sports retailer, has reinforced its equity...
United Brands, the Belgian sports retailer, has reinforced its equity to continue enlarging its store network. A store of 2,000 square meters will be opened at the start of December in the city center of Aalst, and another store of the same size will appear near the K shopping center ...
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News briefs
Charles van Schaik has been placed in charge of Runnersworld,...
Charles van Schaik has been placed in charge of Runnersworld, the chain of specialist running stores belonging to Euretco, the Dutch buying group that also supervises Sport 2000 in the Netherlands. Van Schaik has been in the Dutch sports industry for many years, with executive functions at Reebok, Asics and ...
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Tom Jungell, former chief executive of Omnicon Media Group, becomes...
Tom Jungell, former chief executive of Omnicon Media Group, becomes CEO of Footbalance, replacing the company's founder, Erkki Hakkala, who will concentrate on R&D
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Lotto has signed a three-year sponsorship deal with Marion Bartoli,...
Lotto has signed a three-year sponsorship deal with Marion Bartoli, the best-ranked female tennis player in France, who had been without a steady sponsor for four years
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Article
Shimano reels back its forecast
Shimano trimmed its sales and profit forecast for the full year as it suffered from the weakness of the American and European economies in the last quarter, as well as the appreciation of the yen. The Japanese company still managed to lift its sales by 3.7 percent to ¥161,602 (€1,503m-$2,069m) ...
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Short stops
Dietmar Axt has left as head of global sales for...
Dietmar Axt has left as head of global sales for the Falke group to act as chief executive of Mustang, the German brand of denim jeans
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News briefs
James Van Doren, the co-founder of Vans, passed away at...
James Van Doren, the co-founder of Vans, passed away at the age of 72. Van Doren established the Van Doren Rubber Company with his older brother Paul in 1966 in Anaheim, California, and Vans footwear quickly became all the rage with a fast-growing crowd of skateboarders. James van Doren ran ...
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News briefs
GolfTech, the Austrian golf distribution company with operations and partnerships...
GolfTech, the Austrian golf distribution company with operations and partnerships all around Europe, has acquired its U.K. distribution partner, Golf and Sports Supplies (GSS). The move is intended to bolster British sales of Big Max, the brand of golf trolleys owned by GolfTech. At the same time, the U.K. unit ...
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