All Sporting Goods Intelligence articles in Volume 23, Issue 40-41 – Page 4
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News briefs
Manchester United's income fell by 3.3 percent to £320.3 million...
Manchester United's income fell by 3.3 percent to £320.3 million (€401.9m-$519.8m) for the year ending June 30, mainly due to the team's failure to emerge from the group stage of last season's Champions League and a disappointing FA Cup challenge, which ended in the fourth round and resulted in reduced ...
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News briefs
Niketown Berlin will close in summer 2013. The 3,500-square-meter megastore,...
Niketown Berlin will close in summer 2013. The 3,500-square-meter megastore, located in Tauentzienstrasse, was inaugurated in 1999 and was the first of that kind in Europe. Nike has 10 similar megastores around the world but London will be the only remaining Niketown in Europe after the closing of Berlin. It ...
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News briefs
The 2012 edition of Interbike, the largest bicycle industry trade...
The 2012 edition of Interbike, the largest bicycle industry trade show in North America, marked a significant increase over 2011. Total attendance for the event, which took place in Boulder City, Nevada, and Las Vegas between Sept.16 and Sept. 20, was up from the previous year by about 10 percent ...
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News briefs
Items signed by 20 sports champions are being auctioned online...
Items signed by 20 sports champions are being auctioned online on eBay as of Sept. 24: The objective of the Italian “Dote in Movimento” project (“Dowry in Motion”) is to encourage physical activity among children by supporting the costs that families face to enroll their children in sports clubs. The ...
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News briefs
An estimated 19 percent of the youngsters in the four...
An estimated 19 percent of the youngsters in the four major European countries buy clothing in sporting goods stores frequently, while 49 percent visit them from time to time, and 28 percent never do, according to a survey commissioned by the Institut Français de la Mode (French Fashion Institute or ...
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News briefs
Patrick Baboin, a 16-year veteran of Timberland, is retiring at...
Patrick Baboin, a 16-year veteran of Timberland, is retiring at the end of this month as part of a reorganization of the management. Aged 62, he plans to continue to be involved in the sporting goods and outdoor sector as a consultant. As general manager of Timberland's French subsidiary, he ...
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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 monthy. 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
The Chinese sporting goods market should grow by nearly 13...
The Chinese sporting goods market should grow by nearly 13 percent this year to reach a level estimated at 135 billion yuan renmimbi (€16.54bn-$21.29bn), according to the Yano Research Institute. The Japanese market research firm said that health-conscious members of China's white-collar working class in their 20s and 30s continue ...
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News briefs
Real Madrid has closed the 2011-12 fiscal year with income...
Real Madrid has closed the 2011-12 fiscal year with income totaling €514 million, up by 7 percent from the previous period. It is the first international sports institution ever to cross the symbolic bar of €500 million. The club has topped the list of the wealthiest clubs, established by Deloitte, ...
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Article
Global retail leaders grew by 10.2% in dollars in 2011
The major sporting goods retailers around the globe raised their sales by 7.2 percent in local currencies last year, just below the 7.6 percent growth that they had recorded in 2010, after declining by 1.5 percent in 2009 because of the global financial crisis. Translated into U.S. dollars, their combined ...
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News briefs
Specialized Bicycle Components in the U.S. is voluntarily recalling 12,000...
Specialized Bicycle Components in the U.S. is voluntarily recalling 12,000 bicycles because it received reports of front forks breaking, posing fall and injury hazards to riders. The recall involves some 2008 and 2009 women's and men's Globe model bicycles manufactured by Kinesis in China. Recalled models include the Globe Elite, ...
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