All Sporting Goods Intelligence articles in Volume 23, Issue 30-31 – Page 4
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News briefs
Alexander Selch has been appointed managing director in charge of...
Alexander Selch has been appointed managing director in charge of marketing and sales at the Uvex Sports Group, the family-owned German company that sells the Uvex and Alpina brands of helmets and goggles. He takes over from Katharina Le Thierry, who only started in this function at the start of ...
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News briefs
Amazon has entered into a sponsorship agreement with Andy Macdonald,...
Amazon has entered into a sponsorship agreement with Andy Macdonald, the eight-time world skateboard champion from Melrose, Massachusetts. A well-known athlete within the action sports sphere, Macdonald has a record 21 medals from the X Games, the annual sports events arranged by the U.S. sports broadcaster ESPN focusing on action ...
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News briefs
French suppliers and retailers have agreed on an extension of...
French suppliers and retailers have agreed on an extension of the deal that exempts them from the more stringent payment rules adopted in France in 2008 in the Loi de Modernisation de l'Economie (LME). This law called for retailers to pay their invoices 60 days after receipt at the latest, ...
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Article
Dutch buying groups agree to merge
Intres and Euretco, the buying groups behind the Intersport and Sport 2000 banners in the Netherlands, have finalized their agreement to merge. This came a few days after the Dutch competition authority (NMA) gave its go-ahead to the tie-up, on the condition that the enlarged group spins off one of ...
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News briefs
Manchester United is to be listed again after the football...
Manchester United is to be listed again after the football club's owners, the Glazer family, said that they wanted to raise up to £100 million (€127.3m-$155.8m) in an initial public offering in New York. The move is partly intended to reduce the famous club's debts, which were £423 million (€538.5m-$659.1m) ...
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Short stops
After the launch of its golf apparel and footwear, Louis...
After the launch of its golf apparel and footwear, Louis Vuitton, the French luxury brand, is introducing a light but resistant and practical golf bag bearing its famous logo and intended to retail at more than €7,500
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News briefs
After a one-year pause, the Golf Europe trade show is...
After a one-year pause, the Golf Europe trade show is back, this time in the city of Augsburg after Messe München divested the golf business. The next edition of the fair will be held at Messe Augsburg with the support of the Professional Golfers Association (PGA) of Europe on Sept. 16-18. ...
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Article
Football gives an additional kick to Intersport
Retailers affiliated with Intersport International Corporation (IIC) across Europe raised their sales by around 4 percent overall in the first five months of this year, with variations from one country to the other, and the month of June went well, too. They benefited greatly from the European Football Championships just ...
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News briefs
Activinstinct, the British online sporting goods retailer, said today that...
Activinstinct, the British online sporting goods retailer, said today that its customers in the U.K. have ordered nearly 40 percent more than a year ago so far into the month of July, indicating that the London Olympics may be boosting the business. Including sales to foreign customers, orders are up ...
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News briefs
A class action suit has been filed with regard to...
A class action suit has been filed with regard to the proposed acquisition of Golfsmith, the specialist U.S. golf retailer, by Golf Town from Canada, alleging that the two parties agreed on an unfair price for the deal to enable Atlantic Equity Partners (AEP) to divest its stake in Golfsmith. ...
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Article
EU Parliament rejects ACTA anti-piracy pact
The European Parliament voted on July 4 to reject the Anti-Counterfeiting Trade Agreement (ACTA), which therefore cannot become law in the European Union. A total of 478 members of the European body voted against the deal, with 39 in favor and 165 abstentions. The guidelines of the treaty were meant ...
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News briefs
Bauer Performance Sports has completed its acquisition of Cascade Helmets...
Bauer Performance Sports has completed its acquisition of Cascade Helmets Holdings, a U.S. company that prides itself on manufacturing men's and youth lacrosse helmets in North America. Cascade's factory in Liverpool, New York, will also be used to make Bauer's hockey helmets. Bauer is financing the US$64 million acquisition with ...
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News briefs
The Jacobson Group, parent company of Gola, has reportedly acquired...
The Jacobson Group, parent company of Gola, has reportedly acquired two brands of boardsports clothing, Dudeskin and Babeskin, from Skipton Leisure. The takeover is expected to help Gola develop three new ranges of clothing, in addition to those. A former manager of Skipton, Andrew Rhodes is joining Gola as commercial ...
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News briefs
According to new market research, the Chinese outdoor market expanded...
According to new market research, the Chinese outdoor market expanded by 57.8 percent in 2011 to an estimated 11 billion yuan at the retail level, or the equivalent of €1.4 billion, compared with the level of 6,970 million yuan reported in 2010. The figures come from a report compiled by ...
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News briefs
The German press has prominently featured stories about Trigema, carrying...
The German press has prominently featured stories about Trigema, carrying pictures from Wolfgang Grupp's 70th birthday celebration and the announcement that his two children, 21-year-old Wolfgang and 22-year-old Bonita, will take over the management of the company after they finish their studies abroad. Trigema continues to manufacture its T-shirts and ...
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News briefs
ABC-Mart, which describes itself as Japan's leading footwear retailer, has...
ABC-Mart, which describes itself as Japan's leading footwear retailer, has agreed to entirely take over LaCrosse Footwear, the U.S. outdoor and work footwear company, for $20 per share in cash, amounting to a purchase price of $138 million. The two parties said that the deal would enable ABC-Mart to benefit ...
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News briefs
The Swedish sportswear company Abacus will be the official apparel...
The Swedish sportswear company Abacus will be the official apparel partner of the Asian Tour, the region's elite professional golf circuit, under a two-and-a-half year agreement running until the end of 2014. Abacus is available in over twenty countries, with strong market positions in Sweden, Denmark, the Netherlands, Germany and ...
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News briefs
Larry Miller, 61, is reclaiming his former position as president...
Larry Miller, 61, is reclaiming his former position as president of the Jordan brand at Nike. Miller formerly held the position from 1999 to 2006, then left to become president of the Portland Trail Blazers, the NBA team. He will help the Jordan brand grow globally, reporting to Trevor Edwards, ...
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News briefs
Yue Yuen saw its sales increase by 9.5 percent to...
Yue Yuen saw its sales increase by 9.5 percent to $3.61 million for the first half of the year. The company's turnover in shoe manufacturing was up by 9.4 percent to $2.56 billion, driven by China and South American markets, even though its shoe manufacturing volume declined by 1.2 percent ...
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News briefs
O'Neill 365 is launching the Natalie Coughlin Collection, designed by...
O'Neill 365 is launching the Natalie Coughlin Collection, designed by Natalie Coughlin, an American swimmer and an 11-time Olympic medalist. O'Neill 365 is an extension of the O'Neill brand and focuses on workout apparel that merges fashion and function. 2012 marks the 60th anniversary of O'Neill.
