All Sporting Goods Intelligence articles in Volume 23, Issue 38-39 – Page 2
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News briefs
Intersport PSC Holding has now definitely decided to shut down...
Intersport PSC Holding has now definitely decided to shut down its Budget Sport Schweiz subsidiary, and to close down its four low-priced stores in Ostermundigen, Biel, Emmenbrücke and Winterthur. On Aug. 16, the Swiss Intersport organization announced that it was considering this step, but called on its employees to deliver ...
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News briefs
In a sponsoring deal described as by far the largest...
In a sponsoring deal described as by far the largest agreed upon by a Chinese sports company in its own country, Li Ning, the leading domestic sportswear brand, will become sponsor of CBA, the Chinese Basketball Association, taking the place of Anta Sports. The new deal, which will run over ...
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Article
Rip Curl ponders sale
Rip Curl has hired Bank of America Merrill Lynch to study unsolicited takeover offers from several international companies. Australian newspapers estimated that such a deal could fetch up to 480 million Australian dollars (€384.7m-$504.7m), equivalent to 10 times the Australian board sports brand's projected Ebitda for the fiscal year to ...
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News briefs
David Vogrin will be taking up the newly created position...
David Vogrin will be taking up the newly created position of director of marketing for Escalade Sports as the company continues its focus on brands and brand development. He has previously worked for Medalist Performance Sports, where he was director of marketing, and at Stonehouse Publishing, where he was president.
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News briefs
A court in the U.K. has ruled in favor of...
A court in the U.K. has ruled in favor of Callaway Golf, which was taking action to prohibit parallel imports of Callaway equipment into the U.K. and EU by Golfclubseurope.com and its various websites. Golfclubseurope.com is based in Costa Rica, but imports products throughout Europe. Though it didn't keep any ...
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Article
Visitors continue to rise at Eurobike
Sluggish sales in several European markets failed to dampen the atmosphere at Eurobike, which again increased its number of visitors this year. The score of more than 40,000 trade visitors last year was surpassed to reach 43,700 trade visitors over three days this year, as well as another 20,500 bicycle ...
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News briefs
Dakine is getting new digs. The company will remain...
Dakine is getting new digs. The company will remain in Hood River, Oregon, but will move from downtown to a new building at the Waterfront Business Park. The 45,000-square-foot building is still under construction; Dakine will take up more than half of it when it moves in, expected next ...
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News briefs
Sporttotal will distribute Nathan's running and triathlon collections on the...
Sporttotal will distribute Nathan's running and triathlon collections on the Spanish and Portuguese markets. Distribution will initially be limited to some specific items, to then become generalized as from spring 2013. Based in the U.S., with operations in 44 countries, Nathan designs and manufactures products to meet hydration, safety and ...
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News briefs
Fredrik Johanson, chief executive of Intersport Sverige for the last...
Fredrik Johanson, chief executive of Intersport Sverige for the last six years, has left the Swedish buying group, it was announced to staff and retailers last week. Johanson's tenure was marked by significant improvements in the performance of the buying group, as well as all-out centralization and the launch of ...
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News briefs
Magnus Månsson, the chief executive of Craft, is set to...
Magnus Månsson, the chief executive of Craft, is set to leave the company in a few weeks. He was appointed head of fashion and chief executive of Nelly.com, a leading Nordic online fashion retailer that belongs to the CDON Group, a listed online retailing group. Craft is owned by the ...
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News briefs
Crocs has named Scott Crutchfield to be its new chief...
Crocs has named Scott Crutchfield to be its new chief operating officer. He will oversee all of the company's day-to-day operations, including manufacturing, distribution, logistics, supply chain management and IT. He moves up from his position as senior vice president for worldwide operations, which he held since May 2010. He ...
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News briefs
Musa Tariq is joining Nike to be its chief of...
Musa Tariq is joining Nike to be its chief of social media, leaving his job in the same position at Burberry. He joined Burberry in 2009 and was promoted to global director of social media marketing last year. He also has worked with the ad agencies JWT and Saatchi & ...
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News briefs
Sanita Footwear is changing ownership and selling off its so-called...
Sanita Footwear is changing ownership and selling off its so-called trading division to concentrate on its Sanita brand of clogs and comfort shoes, which is performing particularly well in the U.S. The trading division of the Danish company comprises five company-owned footwear brands – Bundgaard, Trigger, Jaco, Sanilet and Ambre ...
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Article
Masita changes hands
Masita, the Dutch teamwear brand, has been taken over by Philip Ploegaerts, a Belgian who was previously a management board member at Jako, the German sportswear company. Ploegaerts handled Jako's sales in the Benelux countries and France as well as its international development, but he left the company earlier this ...
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Article
Derby Cycle integrates Cervélo Europe
Derby Cycle, the leading German bicycle maker that was acquired at a majority by Pon Holdings of the Netherlands last year, lifted its sales by 10.5 percent to €219.8 million for the nine months until the end of June, in spite of the wet spring weather that depressed bicycle sales ...
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News briefs
The Hobie Cat Company, the producer of kayaks and sailboats...
The Hobie Cat Company, the producer of kayaks and sailboats based at Oceanside, California, has acquired Hobie Cat Europe, which is based in Toulon, France. Founded by Hobie Alter in 1968, the U.S. company was acquired by Coleman in 1975. In 1989, Coleman split the operation into two parts, one ...
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News briefs
A new forum called Textrends will premier at next year's...
A new forum called Textrends will premier at next year's Ispo Munich. The idea behind the show within the show is to have a platform for designers, product managers, etc. who will get an overview over the latest trends in materials offered by suppliers to the industry for the following ...
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Article
Who will buy JJB?
A dozen potential buyers have requested detailed information about JJB Sports, the ailing British sports retailer that put itself up for sale at the end of August. They are said to include retailers as well as private equity firms.While the board said it was considering all offers, the company is ...
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Article
China, Brazil displace Germany in sports goods sales
The NPD Group estimates that the consumption of sporting goods around the world reached a record level of US$333 billion in 2011, which was an increase of about 5 percent from the previous year's level. The size of the global market estimated by the research company encompasses sports equipment, active ...
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Article
Ispo and SGI Europe help the industry to penetrate Brazil
It's now official: After an overwhelming response from the industry to its proposals, Messe München has decided to organize an “Ispo Matchmaking & Information Trip” to Brazil for sporting goods companies that wish to enter this important and promising market or to improve their position there. The program will run ...
