All Sporting Goods Intelligence articles in Volume 23, Issue 38-39 – Page 5
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Short stops
Rapha replaces Adidas as the official clothing provider for Sky...
Rapha replaces Adidas as the official clothing provider for Sky Pro Cycling, the highest-ranking cycle team in the world, starting in January for a four-year deal
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Short stops
Pentland Group confirms its acquisition of Canterbury from JD Sports...
Pentland Group confirms its acquisition of Canterbury from JD Sports Fashion
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News briefs
Jack Wolfskin promises that the acid PFOA will no...
Jack Wolfskin promises that the acid PFOA will no longer be used in the manufacturing process for its waterproof or water-repellent apparel by the end of 2014. The outdoor brand has been working on technologies to avoid the use of this acid. Jack Wolfskin's move is a voluntary action ...
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News briefs
Lacoste accelerated its growth in the first half of this...
Lacoste accelerated its growth in the first half of this year, rising by 25 percent, according to a report from the New York Fashion Week, thanks in particular to progress in Asia, South America and Russia, where the middle class is growing. In 2011, the French brand recorded a sales ...
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News briefs
Kolon Industries has not yet paid the $920 million in...
Kolon Industries has not yet paid the $920 million in damages it owes DuPont after a court ruling last November – and it hasn't appealed the ruling as it said it would, either. A U.S. court ruled that Kolon illegally got information on DuPont's Kevlar material from former DuPont employees ...
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News briefs
At the age of 86, Tosaku Nishida, the founder of...
At the age of 86, Tosaku Nishida, the founder of Goldwin Inc. of Japan, died on Sept. 1. Nishida started his career in 1951 by establishing a knitting factory. He moved on to found Goldwin, which became one of the most important market players for sporting goods in Japan. A milestone ...
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News briefs
Ronald Page, a footwear industry veteran, died on Sept. 6...
Ronald Page, a footwear industry veteran, died on Sept. 6 at the age of 75. He worked for Polo Ralph Lauren, Ellesse and Nike before he joined Deckers Outdoor Corporation in the early 1990s as the vice president for sales at Teva. He oversaw the brand's biggest growth years, and ...
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News briefs
Jarden Corporation is going to issue $450 million in...
Jarden Corporation is going to issue $450 million in debt and buy back its own stock with up to $125 million of the proceeds. The debt will be offered, subject to market and other conditions, as senior subordinated convertible notes due in 2018 in a private offering to qualified institutional buyers. The ...
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News briefs
The world's largest shoe manufacturer reported revenues up 7.3 percent...
The world's largest shoe manufacturer reported revenues up 7.3 percent to $5.56 billion for the nine months ended June 30. Yue Yuen's shoe manufacturing turnover grew by 5.7 percent to $3,892.8 million, driven by sales increases for athletic shoes and casual/outdoor shoes of 5.7 percent and 5.0 percent, respectively. Sales ...
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News briefs
At the end of 2013 or beginning of 2014, SportScheck,...
At the end of 2013 or beginning of 2014, SportScheck, Germany's leading specialty sporting goods retailer, will open its second store in Berlin. The selling surface of 4,600 square meters will be located in a new shopping mall that is described as the country's largest shopping center in a downtown ...
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Article
Dutch GSM group eyes Sport 2000 license
GMS Group Netherlands, a buying group with 127 shoe retailers, is in advanced talks to take over the Sport 2000 license in the country. In a report to its members, GMS Netherlands describes the potential deal as an opportunity to move into the sports market. The Sport 2000 license in ...
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Article
Vulcabras sees an uptick in Q2
Vulcabras' results for the first half were mixed. Operating revenues declined by 3.1 percent to R$891.7 million (€336.2m-$442.0m), with a drop of 9.4 percent in domestic sales to R$664.7 million (€250.7m-$329.5m), but the total number of pairs sold by the Brazilian company rose by 3.5 percent to 18.0 million. Total ...
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Short stops
Fred Perry is opening a 190-square-meter store in Munich, adding...
Fred Perry is opening a 190-square-meter store in Munich, adding to those it already has in Berlin and Cologne and to an outlet in Ingolstadt
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News briefs
Indian newspapers have reported that more than 150 retail franchisees...
Indian newspapers have reported that more than 150 retail franchisees running Reebok mono-brand stores in India held a virulent demonstration in New Delhi earlier this week. They vented their anger about the measures taken by the Adidas Group to alter its relationship with Reebok franchises, which should lead to a ...
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News briefs
Up to 150 to 200 current exhibitors at Bread &...
Up to 150 to 200 current exhibitors at Bread & Butter are said to be likely to be thrown out of the fair as part of a major cleanup decided by the management. Reacting to criticism from the major brands and buyers, Karl-Heinz Müller, the boss of the Berlin show, ...
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News briefs
The 107-year-old U.S. industry association Sporting Goods Manufacturers Association, or...
The 107-year-old U.S. industry association Sporting Goods Manufacturers Association, or SGMA, has rebranded itself Sports & Fitness Industry Association, or SFIA. It still insists on not using the word U.S. in the company's name, as is common in this big, insular market. The association's key missions will be public policy, ...
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News briefs
Yonex reported a slight 1.4 percent sales increase for the...
Yonex reported a slight 1.4 percent sales increase for the first quarter ended June 30 to 9.5 billion yen (€92.3m-$121.1m). The gross margin fell by 0.5 percentage points to 41.5 percent. The net loss for the quarter rose to ¥55 million (€534,230-$700,860) from ¥39 million in the corresponding period a ...
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News briefs
Descente posted a loss of 95 million yen (€922,760-$1.2m) for...
Descente posted a loss of 95 million yen (€922,760-$1.2m) for the first quarter ended June 30, compared with a net profit of ¥14 million in the year-ago period, when it benefited from tax adjustments. Sales grew by 4.4 percent to ¥17.2 billion (€167.1m-$219.2m) in the quarter, and the gross margin ...
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News briefs
Net profit increased by 13 percent at Globeride to ¥1,068...
Net profit increased by 13 percent at Globeride to ¥1,068 million (€10.4m-$13.6m) for the first quarter ended June 30 on 9 percent higher sales of ¥15.9 billion (€154.4m-$202.6m). Profits are expected to be down by 52 percent for the full year as sales growth should soften to 3.0 percent.
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