All Sporting Goods Intelligence articles in Volume 22, Issue 44-45 – Page 3
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Article
Asics’ profits take a hit
Unwavering demand for running products enabled Asics to lift its sales by 6.5 percent to ¥123,935 million yen (€1,149m-$1,583m) for the first half of its fiscal year, until the end of September, but the expansion slowed down in the second quarter and the group's profits were on the slide.The Japanese ...
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News briefs
Asics is looking to increase its presence in floorball with...
Asics is looking to increase its presence in floorball with the launch of a collection of shoes specifically designed for the indoor sport. Initiated by Asics Sweden, the new shoe line was developed to offer floorball players a specific shoe with features optimized for the type of foot movements commonly ...
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Article
Asian sales push Basicnet
Basicnet reported a 14.6 percent increase in its direct sales and those of its licenses in the first nine months of the year to €315.7 million, driven by strong growth in the Asia-Pacific region. On a currency-neutral basis, sales were up by 15.6 percent.Turnover was up in all regions, with ...
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News briefs
JJB is launching a dedicated in-store area at its Trafford...
JJB is launching a dedicated in-store area at its Trafford Center store in Manchester in conjunction with Nike. The area will offer free Nike Training Club fitness classes for female shoppers, as well as provide a dedicated area for Nike sportswear. The move is part of the company's efforts to ...
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Short stops
Briko announced a new partnership with the Italian Paralympic Snow...
Briko announced a new partnership with the Italian Paralympic Snow Sports Federation at Skipass, the annual Italian snow show that took place in Modena a few days ago
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Article
Winter, outdoor sales underpin Amer’s growth
Amer Sports increased its sales by 20 percent in the third quarter to €559.2 million, owing to another strong performance by its winter and outdoor division, which benefited from earlier deliveries and higher pre-orders than the previous year for winter sports equipment. The turnover of the Finnish group rose by ...
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News briefs
Craig Stevenson, president of the Americas region at Quiksilver, was...
Craig Stevenson, president of the Americas region at Quiksilver, was appointed as the company's global brand president and chief operating officer, from the start of this month. The global brand president is a new position, which is meant to supervise the Quiksilver, Roxy and DC brands' activities. The COO's functions ...
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News briefs
Nike has a new credit agreement that allows for up...
Nike has a new credit agreement that allows for up to about $1 billion in borrowings pursuant to a revolving credit facility, with the option to increase borrowings to $1.5 billion upon request by the company. The revolving credit facility matures in October 2016, with potential extensions available that could ...
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News briefs
Puma has sealed an agreement with Borussia Dortmund to replace...
Puma has sealed an agreement with Borussia Dortmund to replace Kappa as the Bundesliga football team's equipment supplier from next season and for the next eight years. Puma already has partnerships with two other teams in the Bundesliga, VFB Stuttgart and Hoffenheim, but it intends to turn Borussia Dortmund into ...
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Article
Adidas defies economic pressures
The Adidas Group continues to defy pressures on the European market, with significant sales increases in all parts of Europe in the third quarter. They contributed to a sales rise of 8.0 percent to €3,744 million for the group in the three months, equivalent to an increase of 13 percent ...
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News briefs
Adidas has installed what it is calling a “virtual footwear...
Adidas has installed what it is calling a “virtual footwear wall” in its flagship store in London. The wall lets customers choose footwear from a virtual shelf of products through a touch-screen, and they can pre-order the shoes they pick. The shopper can turn the 3D images to see the ...
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News briefs
Décathlon is reportedly planning to open four additional stores in...
Décathlon is reportedly planning to open four additional stores in Romania by next spring, complementing the six units that it already has in the country, with the goal of forming a network of 20 stores in due time. With four new stores launched in the course of last year, according ...
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News briefs
Super Retail Group of Australia has completed the acquisition of...
Super Retail Group of Australia has completed the acquisition of the retail sporting goods retail division of Archer Capital, consisting of 90 Rebel Sport stores, 36 Amart shops and two Performance Sports doors. The acquisition price of 610 million Australian dollars (€458.4m-$632.3m) compares with the total turnover of these stores, ...
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Article
Adidas acquires Five Ten footwear
Separately, the Adidas Group has agreed to take over Five Ten, the family-owned Californian brand, to complement its own offering of outdoor footwear with more specialized climbing and mountain biking products. The two parties have agreed on a price of $25 million in cash, and contingent payments depending on the ...
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Short stops
Accell Group is reportedly looking for more acquisitions in southern...
Accell Group is reportedly looking for more acquisitions in southern Europe as well as in the U.S.
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News briefs
Under Armour's total revenues grew by 41.7 percent to $465.5...
Under Armour's total revenues grew by 41.7 percent to $465.5 million in the third quarter, marking the third consecutive quarterly increase of more than 40 percent. Sales outside the U.S. jumped by 53.9 percent, but at $32.8 million they represented only 7 percent of the total turnover, and they were ...
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Short stops
Falke is outfitting Michael Rensing, the 27-year-old goalkeeper of the...
Falke is outfitting Michael Rensing, the 27-year-old goalkeeper of the FC Köln football team in Germany
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News briefs
Black Diamond's growth rate increased to 24 percent for the...
Black Diamond's growth rate increased to 24 percent for the third quarter, allowing the outdoor company to reach a record level of $42.0 million in sales for the period. While volumes increased for all the 27 product categories covered by the group, 4 percentage points of the growth came from ...
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News briefs
Foot Locker launched a program on Oct. 23 to collect...
Foot Locker launched a program on Oct. 23 to collect used shoes at its stores all over Europe. Under the program, which was scheduled to run until Nov. 5, clients who return used shoes have been getting a €10 voucher for a discount on their next purchase of new sneakers ...
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News briefs
Joma's collection for spring/summer 2012 includes a new series of...
Joma's collection for spring/summer 2012 includes a new series of football boots, and calls the Fit 100 model the highlight of the line. The Fit 100 is based on the model of a running shoe, made from soft calf leather. The Spanish company's new product will be available at retail ...
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