All Sporting Goods Intelligence articles in Volume 23, Issue 35-36 – Page 2
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News briefs
Garmin, the specialty company for mobile navigation, has signed a...
Garmin, the specialty company for mobile navigation, has signed a three-year agreement to be the title sponsor of Velothon, a popular bicycle competition in Berlin, starting with its third edition, scheduled for June 9, 2013. The U.S. company has been increasingly active in cycling. It has been supporting one of the ...
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News briefs
Fans of Rapala can now shop in the comfort of...
Fans of Rapala can now shop in the comfort of their own homes. The maker of fishing lure, knives and other products has gone live with its new e-commerce site, rapala.com, carrying 10 of the company's brands. The site was designed on the Demandware Commerce platform.
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Article
Li Ning’s income crashes in radical cleanup
Li Ning's net profit plummeted by nearly 85 percent to 44.3 million yuan renminbi (€5.6m-$7.0m) for the first half of this year, as the Chinese sports brand tackled its inventory and sell-through issues by closing down about 1,200 of its franchised stores.The company's sales fell by 9.5 percent to nearly ...
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News briefs
A top executive of Cisalfa Sport denies persistent rumors in...
A top executive of Cisalfa Sport denies persistent rumors in Italy that the family of Vincenzo Mancini, the founder and former owner of the leading Italian sporting goods retailer, has agreed to buy back the controlling stake held in the company since 2006 by an Italian equity investment firm, Investitori ...
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Short stops
Janet Fox, senior vice president in charge of sourcing at...
Janet Fox, senior vice president in charge of sourcing at Under Armour, resigned earlier this month
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Article
Tecnica Group gets a new CEO from outside the family
Peter Weaver, a highly respected American executive who has been running Tecnica Group USA for five years, will act as the new chief executive of the Italian-based Tecnica Group, starting next week. He will also act as a member of the supervisory board, participating in the decision-making process.Weaver, 59, will ...
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Article
Pentland and JD exchange brands
JD Sports Fashion, the British sports and fashion retail group, has agreed to sell Canterbury, the rugby brand, to the Pentland Group at a price of £22.7 million (€28.6m-$35.9m) in cash. Meanwhile, the retailer will buy the One True Saxon fashion brand from Pentland at £50,000 (€63,050-$78,970). The deal is ...
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Article
Some sports brands shine in the Olympics
With the London Olympic Games barely over, the leading sports brands were already counting their marketing medals (no longer just gold, silver and bronze, but now also digital hits and fans) and preparing for the next edition in Rio de Janeiro in four years' time.Though there were many empty seats ...
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News briefs
One Way, the Finnish Nordic sports brand, has introduced a...
One Way, the Finnish Nordic sports brand, has introduced a new web-based platform, with weekly updates on cross-country skiing and other cross country sports. The URL is http://www.onewaysport.com. One Way designs and markets ski poles and technical apparel, footwear and accessories for cross-country skiing, Nordic walking and other outdoor sports. ...
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News briefs
The European branch of Brooks Sports reached sales of some...
The European branch of Brooks Sports reached sales of some €27 million in the first six months of the current year, which corresponds to an increase of 33 percent. The Münster-based subsidiary covers 23 countries in the EMEA region (Europe, Middle East, Africa). For the entire year, the EMEA operations ...
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News briefs
Reed Exhibitions Deutschland and Body LIFE, the trade publication, are...
Reed Exhibitions Deutschland and Body LIFE, the trade publication, are gearing up for this year's European Fitness Summit being held Sept. 26-28 in Barcelona. For the fifth year, top industry decision makers in fitness and wellness will descend on the Spanish city to network and make deals. About 20 suppliers ...
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Article
Billabong counts its losses
While providing some more details about its new “transformation strategy,” Billabong International reported a big net loss of 275.6 million Australian dollars (€227.6m-285.9m) for the financial year ended June 30, compared with a net profit of A$119.1 million the year before, on 7.9 percent lower global revenues of A$1.55 billion ...
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Article
Belle sees Chinese market recovering since March
Belle International registered an increase of 11.7 percent in operating and net profits for the first half of 2012, but as a percentage of sales, they were down to 17.5 percent and 14.0 percent, respectively. Among other activities, the Chinese footwear and sportswear group distributes through its stores such brands ...
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News briefs
Matthew Johnson has been named Titleist brand director for the...
Matthew Johnson has been named Titleist brand director for the EMEA region, with a goal of expanding that golf brand, owned by Acushnet, throughout Europe, the Middle East and Africa. Johnson has extensive experience in brand marketing and brand and category management in the golf and sports industries.
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News briefs
A former ice hockey champion who has been focusing on...
A former ice hockey champion who has been focusing on football, Daniel Eppler, is going to run Nike's business in the German-speaking countries from next month on as the new general manager for the region. He will replace Mark Pinger, who is going to take charge of basketball, men's athletic ...
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News briefs
Crocs Europe, which is based in the Netherlands, is taking...
Crocs Europe, which is based in the Netherlands, is taking over the distribution of the brand in the Benelux countries. Sport Partner reports that Crocs Europe has decided to directly employ all of the 55 staff in Crocs stores as well as 12 office staff, who have just moved to ...
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News briefs
Puma inaugurated its first full-price store in Spain on Aug....
Puma inaugurated its first full-price store in Spain on Aug. 24. Located in Barcelona, in the central and well-known Passeig de Gracia, the store occupies a surface of 250 square meters on two floors, filled with audiovisual equipment including iPads from which customers can directly buy Puma's products.
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News briefs
Asia Bike is breaking off from its parent show, Outdoor...
Asia Bike is breaking off from its parent show, Outdoor Asia, to be a standalone event next year. From Sept. 19-22, 2013, Messe Friedrichshafen will hold the bike event at the Nanjing International Expo Center in China. Organizers are calling it a “small Eurobike.” It is the first trade show ...
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News briefs
Nautilus has appointed Linda Pearce as its new chief financial...
Nautilus has appointed Linda Pearce as its new chief financial officer, a position that had been vacant since January, with the resignation of Michael D. Mulholland. Pearce joins from Warn Industries, where she occupied the same role between 2000 and early 2012, contributing to the strategic evaluations that eventually led ...
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News briefs
The U.S. Golf Manufacturer's Anti-Counterfeiting Working Group reported the conviction...
The U.S. Golf Manufacturer's Anti-Counterfeiting Working Group reported the conviction and sentencing of a Chinese counterfeiter as marking an important success in the group's efforts. Zeng Hong, owner of Simple Golf, was arrested in September last year when Chinese officials raided five facilities and seized approximately 70,000 counterfeit golf products. ...
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