All Sporting Goods Intelligence articles in Volume 23, Issue 30-31 – Page 2
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News briefs
The International Olympic Committee and the International Cycling Union have...
The International Olympic Committee and the International Cycling Union have agreed to allow bicycles ridden in the Olympics to display brand logos on stems, handlebars, bar extensions and cranks, following requests by the World Federation of the Sporting Goods Industry (WFSGI) on behalf of the bicycle industry. The initial agreement ...
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News briefs
Vans has come out with a recyclable sandal in a...
Vans has come out with a recyclable sandal in a new partnership with Plus Compound Technologies, the maker of PLUSfoam recyclable material. The Nexpa sandal is available worldwide through select retailers. Michael Carr, the associate general manager at Plus Compound Technologies, noted that for the manufacturing run of Nexpa sandals, ...
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News briefs
Lotto Sport Italy and the Genoa Cricket and Football Club,...
Lotto Sport Italy and the Genoa Cricket and Football Club, commonly referred to as Genoa, have signed a new partnership agreement for the next four years, until June 30, 2016. Lotto becomes the technical sponsor and official supplier for Genoa's main team, the youth teams and its school of football, ...
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News briefs
Italy's largest sporting goods retailer, Cisalfa Sport, has nothing to...
Italy's largest sporting goods retailer, Cisalfa Sport, has nothing to say yet about a possible change in its ownership structure. Meanwhile, the company reports a 4.9 percent drop in its revenues to €370 million for the financial year ended last February, excluding the revenues from Intersport Italia, which is controlled ...
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News briefs
Polartec has started searching for a new chief executive as...
Polartec has started searching for a new chief executive as its shareholders, led by Versa Capital Management, are considering a sale of this supplier of performance fabrics. Polartec's current president and chief executive, Andrew Vecchione, said he was stepping aside, leaving the company once a replacement is found. He will ...
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Article
Li Ning makes new management changes, initiates a plan
Li Ning Company announced on July 5 that its longtime chief executive, Zhang Zhiyong, had stepped down, following the departure of other top executives in the last months. At the same time, the Chinese company has entered a three-year “transformation program” aimed at driving growth and improving performance. Zhang, who ...
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Short stops
Timberland has opened a franchised store in Chamonix
Timberland has opened a franchised store in Chamonix
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Article
Sport England celebrates Olympic legacy funding
A total of 377 community sports groups in England will profit from almost £20 million (€25.5m-$31.5m) of “Olympic legacy funding” in the context of the Olympic Games starting in London next week. The funds are designed to breathe new life into existing sports facilities. Grants are offered to convert some ...
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News briefs
Hannover Finanz says it wants to cash out of Runners Point,...
Hannover Finanz says it wants to cash out of Runners Point, reselling the 75 percent stake that it acquired in 2005 in this big German sporting goods retail chain from the former Karstadt Quelle group. The German private equity firm has asked Deloitte to find new investors for the company. Runners ...
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Article
Helly Hansen is sold to a Canadian pension fund
Helly Hansen, the Norwegian sports and outdoor brand, has changed hands again. Altor Equity Partners, the Norwegian investment firm that took over Helly Hansen in 2006 from Investcorp, has sold a stake of 75 percent to the Ontario Teachers' Pension Plan Board (OTPP), while retaining the remainder of its shares. ...
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News briefs
Puma has launched its largest ever campaign with a football...
Puma has launched its largest ever campaign with a football club to kick off its partnership with Borussia Dortmund. The team has topped the Bundesliga rankings in the last two seasons and achieved a double in the last season by also winning the DFB-Pokal. The Puma jerseys for Borussia Dortmund ...
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News briefs
Hummel launched a new marketing campaign at this year's summer...
Hummel launched a new marketing campaign at this year's summer edition of the Bread & Butter show in Berlin. The title of the campaign, which is aimed to be ongoing, is “Change the world through sport.” The campaign will be communicated and activated across major international events and activities such ...
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News briefs
Ken Reeve, buying and merchandising director at Cotswold Outdoor, has...
Ken Reeve, buying and merchandising director at Cotswold Outdoor, has been hired by JD Sports Fashion, the British sports retailer, to become managing director of Blacks from November. JD bought the British outdoor retailer out of administration for about £20 million (€24.7m-$32.3m) in January. The top slot at Blacks was previously ...
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Short stops
“Brett vorm Kopf,” an independent film charting the story of...
“Brett vorm Kopf,” an independent film charting the story of Titus Dittmann, a former teacher who shaped the German skateboarding market, was introduced in Germany last month
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Article
Pentland and some of its brands grow strongly
Pentland Group has reported strong overall results for the year ended last Dec. 31. Total revenues went up by 17 percent to £1.523 billion (€1.920bn-$2.359bn). Pre-tax profit rose by 17.5 percent to £114 million (€143.7m-$176.5m). The bottom line improved in spite of an 8.2 percent decline in operating profits to ...
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Short stops
Kari Traa, the Norwegian brand of women's ski and outdoor...
Kari Traa, the Norwegian brand of women's ski and outdoor apparel, received 505 applications when it created a website to search for a fun-loving and healthy woman to represent the brand
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News briefs
Brunotti, the Dutch surf brand, has come up with quick-dry...
Brunotti, the Dutch surf brand, has come up with quick-dry boardshorts featuring the famous “Sunflowers” painting by Vincent van Gogh, which will be sold through usual sports stores as well as museums such as the Van Gogh Museum in Amsterdam, the Metropolitan Museum of Art in New York and the ...
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News briefs
Scientists at the Hohenstein Institute in Bönnigheim, Germany, are working...
Scientists at the Hohenstein Institute in Bönnigheim, Germany, are working to create virtual hand models and hand measurement tables that will be provided for glove manufacturers to aid in making customized ergonomic gloves. The scientists have compiled actual hand measurements in a database, inputting them with 3D scanners to make ...
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Short stops
Richard Markee has stepped down from Dorel Industries' board of...
Richard Markee has stepped down from Dorel Industries' board of directors, of which he had been a member since 2008, to focus more on his personal business interests
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News briefs
Netshoes, a big Brazilian online retailer of footwear, sporting goods...
Netshoes, a big Brazilian online retailer of footwear, sporting goods and other products, has launched the first online NBA store in Brazil. The new LojaNBA.com website offers a comprehensive assortment of NBA merchandise including the NBA sports apparel and footwear line licensed by Adidas, basketballs by Spalding and other NBA ...