All Sporting Goods Intelligence articles in Volume 23, Issue 28-29 – Page 3
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Short stops
Oriel Securities has been appointed joint corporate broker to Sports...
Oriel Securities has been appointed joint corporate broker to Sports Direct International, alongside Merrill Lynch
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News briefs
Arne Arens has been appointed vice president and general manager...
Arne Arens has been appointed vice president and general manager for The North Face in Europe, the Middle East and Africa (EMEA). Arens joined The North Face EMEA as sales director in 2010. He will take over from Timo Schmidt Eisenhart, who will switch to Timberland, another company in the ...
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News briefs
Daniele Grasso, formerly with Sympatex Technologies, has been appointed senior...
Daniele Grasso, formerly with Sympatex Technologies, has been appointed senior product manager apparel shells at Jack Wolfskin. At Sympatex, he has been replaced by Haymo Strubel as director for apparel. Before joining Sympatex, Strubel worked for YKK, the zip company, as European key account manager.
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News briefs
A U.S. Court of Appeals has ruled in favor of...
A U.S. Court of Appeals has ruled in favor of TaylorMade Golf in a patent infringement lawsuit stemming from 2007. Dogleg Right Partners and Dogleg Right Corporation filed the suit then involving movable weights in the heads of golf clubs. A year ago, a U.S. Magistrate judge granted TaylorMade's request ...
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News briefs
Tension is mounting in the textile and apparel industries of...
Tension is mounting in the textile and apparel industries of Bangladesh and India as workers are asking for higher wages. After five days of clashes between factory workers and the police, garment manufacturers in Bangladesh decided to shut down 300 factories in the town of Ashulia on June 16. They ...
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News briefs
The European Outdoor Conservation Association (EOCA) proudly announced that it...
The European Outdoor Conservation Association (EOCA) proudly announced that it had reached the milestone of raising €1 million. Members and supporters of the non-profit organization have been collecting this amount since 2006, when EOCA came into existence. In addition, EOCA is pleased with the results of the public vote that ...
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News briefs
B.O.C. – Bike & Outdoor Company GmbH & Co., Germany's...
B.O.C. – Bike & Outdoor Company GmbH & Co., Germany's No. 1 bike retail chain – has named Stephan Geiger to be its new joint general manager, running the company along with Bernd Heumann. Geiger was formerly the general manager of the bicycle and e-bike division of Heinz Kettler GmbH ...
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News briefs
Reportedly, Cushman & Wakefield has received a mandate from JD...
Reportedly, Cushman & Wakefield has received a mandate from JD Sports Fashion to open 15 new JD stores in France each year. The sixth JD store in the country is set to open shortly in the O'Parinor shopping mall of Aulnay-sous-Bois, near Paris, and others are planned in and around ...
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News briefs
For an undisclosed amount, Shock Doctor, the U.S. specialty brand...
For an undisclosed amount, Shock Doctor, the U.S. specialty brand of mouthguards and other protective equipment for team sports and fitness activities, has acquired Cutters, a marketer of sports gloves for football and other sports based in Phoenix, Arizona. The new combination sees big growth potential for Cutters since the ...
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Article
American Golf gets new chief
American Golf, the British golf retailer, has appointed Kevin Styles as new chief executive officer. Style succeeds Nick Wood, who had left American Golf to take up the same job at Pets at Home, in March.The 40-year old Styles was most recently group chief executive of Habitat, the furniture retailer. ...
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News briefs
Alberto Bichi, secretary general of Fesi, the European Sporting Goods...
Alberto Bichi, secretary general of Fesi, the European Sporting Goods Industry Federation, will also act as EU public affairs director of HDS, the German shoe and leathergoods industry federation, starting on July 1. Bichi will assist HDS in such areas as international trade, product safety, intellectual property rights, environmental protection ...
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News briefs
After the ratification of its bilateral free trade deal with...
After the ratification of its bilateral free trade deal with South Korea, the European Union has launched negotiations for a similar agreement with Vietnam, which is a major source of sports shoes, clothing and accessories. Fesi, the European sporting goods industry federation, issued a statement welcoming the move.
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News briefs
Nike was reprimanded by the Advertising Standards Authority (ASA), the...
Nike was reprimanded by the Advertising Standards Authority (ASA), the British advertising watchdog, for a Twitter campaign that was not clearly identified as advertising. It involved messages sent from the personal accounts of footballers Wayne Rooney from Manchester United and Jack Wilshere from Arsenal, in January. Nike said that Rooney and ...
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Article
Nike and Adidas boast record football sales
The triumph of the Three-striped Spanish team against the Puma-clad Italians in the final of the European football championship in Kiev last night marked a victory for Adidas in the marketing battle among the leading football brands, but the eventful tournament enabled all of them to score in one way ...
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News briefs
The Adidas Group has signed a revolving credit facility worth...
The Adidas Group has signed a revolving credit facility worth €500 million with a pool of banks, following an oversubscribed offer. The new five-year facility incorporates two options for a one-year extension which are to be excercised at the end of the first and the second year, respectively. With the ...
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News briefs
A lawsuit filed by a New York man against Adidas...
A lawsuit filed by a New York man against Adidas claims that the company's AdiPure barefoot shoes didn't provide the benefits that they promised, and what's worse, he was actually injured from running in them. Joseph Rocco bought the $90 shoes and says that he suffered compound fractures from running ...
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Article
Active Brands gets Prince Americas license
Active Brands has inked a deal to acquire the operating assets and exclusive licensing rights for the Prince, Ektelon and Viking brands in the Americas. The company is holding discussions to take up the same rights for Europe, but that has yet to be agreed.Active Brands apparently trumped an offer ...
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News briefs
DVS Shoe, an American action sports company owned by the...
DVS Shoe, an American action sports company owned by the Dunlap family, is set to to be acquired by Sequential Brands Group, the parent company of the William Rast and People's Liberation brands, for about $8.55 million in cash. Sequential Brands issued the highest offer at the bankruptcy court auction ...
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Article
Scarpa looks for partnerships and acquisitions
Reporting sharply improved financial results, Scarpa says it is planning to take over the distribution of its products in some foreign markets in the course of this year. With corporate assets worth €24.6 million and virtually no debt, the Italian company, which specializes in the development and production of boots ...
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Article
Zumiez acquires Blue Tomato
Blue Tomato of Austria, the leading web-based retailer for board sports products in Europe, will be taken over by Zumiez, the biggest American action sports retailer, which shares a similar culture and targets a similar type of customer. The only major difference is that e-commerce and snowboards take up a ...
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