All Sporting Goods Intelligence articles in Volume 22, Issue 46 – Page 3
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News briefs
Another executive has stepped down at Li Ning Company. Xu...
Another executive has stepped down at Li Ning Company. Xu Maochun, the chief product officer, left the company because of “family matters,” a Chinese newspaper has reported. Last month, Zhang Xiaoyuan, the company's spokesman and public relations director, quit, and in May, three top executives left to pursue personal interests. ...
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News briefs
Soaring sales of American football helmets under the Riddell brand...
Soaring sales of American football helmets under the Riddell brand drove a quarterly sales increase of 6.9 percent to nearly $212.5 million for Easton-Bell Sports, the American supplier of team sports, cycling and other sports products. Riddell's market share continued to increase as its sales of helmets for adults and ...
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Article
Skiset strikes a partnership in North America
Skiset, the French company that has already created the largest network of rental stations for ski and snowboard products in Europe, has signed a partnership with Christy Sports, an American chain of ski shops that has a similar network in North America. Together, they are setting up a centralized online ...
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News briefs
Two executives of Amer Sports in Spain are extending their...
Two executives of Amer Sports in Spain are extending their responsibilities to other countries. Alvaro Camin is promoted as sales manager of Suunto for the entire Europe, Middle East and Africa region. Jorge Salvans will take care of Suunto, Wilson Golf, Salomon Snowboard and Bonfire for the Iberian Peninsula as ...
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News briefs
Black Diamond Equipment, which is distributing Fritschi's alpine ski touring...
Black Diamond Equipment, which is distributing Fritschi's alpine ski touring bindings in the U.S. since 1996, will also act as its primary distributor in Canada by May 2012. Black Diamond has already been servicing the Canadian market with all its product lines for ski and climbing for nearly 20 years.
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News briefs
Cybex is allowed to continue trading on the Nasdaq stock...
Cybex is allowed to continue trading on the Nasdaq stock exchange until at least Jan. 2, by which time it must formally disclose an equity position of at least $10 million. The American fitness equipment company will also have to trade above $1 per share on Nasdaq for at least ...
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Article
New Wave sales inflated by Ahead buy
The sports and leisure unit of Sweden's New Wave Group, which owns Craft, Cutter & Buck and several other brands, lifted its sales by 7 percent to 538 million Swedish kronor (€58.9m-$79.4m) for the quarter ended in September. However, this was almost entirely due to the acquisition of Ahead, the ...
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Short stops
Ramo will become the new agent for Blizzard in Norway...
Ramo will become the new agent for Blizzard in Norway for the 2012-13 winter season, an account previously held by Peter Holm's Snowbiz
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News briefs
New Balance has reportedly filed trademark infringement lawsuits against two...
New Balance has reportedly filed trademark infringement lawsuits against two Chinese companies, Niubanium Sportswear Company and Shanghai Tibo Business Consulting Company. It charges that Niubanium, based in Quanzhou, Fujian Province, has been making and selling counterfeit New Balance shoes in China since 2007, using the U.S. company's former Chinese brand ...
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News briefs
Adidas has reported that its websites were the target of...
Adidas has reported that its websites were the target of a criminal cyber attack earlier this month. However, the group's early investigations showed no evidence that any consumer information had been compromised, as happened with Sony on a huge scale earlier this year. When Adidas discovered the attack on Nov. ...
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News briefs
Adidas is suing Pacific Brands, a large-scale Australian company specializing...
Adidas is suing Pacific Brands, a large-scale Australian company specializing in the distribution of apparel brands, for allegedly copying the Three Stripes trademark. As reported by the Australian Sunday Telegraph, Pacific Brands was accused of selling a range of trainers with four stripes through cheap suburban stores such as Payless ...
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Short stops
Alfico, which already distributes New Balance in Spain, is adding...
Alfico, which already distributes New Balance in Spain, is adding the distribution of Warrior, the brand of ice hockey and lacrosse equipment owned by the American company
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Article
Heelys scouts for acquisitions
The American brand of wheeled shoes wants to use its remaining cash pile of $23.1 million to diversify by taking over another sporting goods firm that makes some other type of wheeled or leisure products, or protective gear, or performance apparel. It is prepared to spend up to $30 million ...
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News briefs
Sales of Björn Borg shoes increased by 60 percent in...
Sales of Björn Borg shoes increased by 60 percent in the first nine months of this year, but this didn't prevent the Swedish company by the same name from posting a 2 percent drop in revenues to 413.4 million Swedish kronor (€45.1m-$60.8m) and a drop in net profit to SEK ...
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News briefs
Runner's World magazine has given the 2011 international “Editor's Choice”...
Runner's World magazine has given the 2011 international “Editor's Choice” award to Asics' GT-2160 shoe, praising its rock-steady stability features, foot-hugging fit and plush cushioning. It is the second time that Asics' GT-2100 series has won the coveted award. In addition, the company's GEL-1170 model got a “Best Buy” award.
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News briefs
Nike is boosting its quarterly dividend by 16 percent to...
Nike is boosting its quarterly dividend by 16 percent to 36 cents, payable next Jan. 3 to shareholders of record at the close of business on Dec. 5. The company points out that it has raised its dividends for 10 years in a row and that it has more than ...
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News briefs
Mizuno Corporation's turnover inched up by 2.2 percent to 78.15...
Mizuno Corporation's turnover inched up by 2.2 percent to 78.15 billion yen (€753.0m-$1,014m) for the six months until the end of September, driven by increased footwear sales in all regions. In constant currencies, sales increased the most in the Americas, where they were up by nearly 11 percent and reached ...
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News briefs
An estimated 43 percent of Spanish people aged 15 to...
An estimated 43 percent of Spanish people aged 15 to 75 were practicing some kind of sports in 2010, up from 37 percent in 2005. The figures were disclosed by Spain's Superior Sports Council (CSD), which added that Spaniards are getting away from institutionalized and competitive sports.
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News briefs
Nautilus posted a net loss of $92,000 in the third...
Nautilus posted a net loss of $92,000 in the third quarter, compared with a loss of $4.3 million in the year-ago period. Excluding the losses related to its commercial fitness equipment operations, which it sold earlier this year, the U.S. company recovered with a profit of $281,000 versus a loss ...
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Short stops
Head has bought back 607,207 ordinary shares, representing 0.66 percent...
Head has bought back 607,207 ordinary shares, representing 0.66 percent of its issued share capital, at a cost of €424,745
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