All Sporting Goods Intelligence articles in Volume 23, Issue 42-43 – Page 4
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News briefs
Helly Hansen has restructured its North American management structure...
Helly Hansen has restructured its North American management structure by promoting Gary Davis to vice president of Canadian operations and appointing Filio Francke to the new position of vice president of U.S. operations. Davis had been acting as general manager of Helly Hansen North America. Francke served most recently ...
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News briefs
Italy's Tecnica Group had already announced a big cut in...
Italy's Tecnica Group had already announced a big cut in its staff, eliminating 118 of the 353 jobs at the company's headquarters at Giavera del Montello, but in the end, technically, it will not lay off any of them. Following four months of negotiations with the unions, 72 employees will ...
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Article
EU hears allegations of circumvention by Chinese bike makers
The European Commission has accepted a complaint filed by the European Bicycle Manufacturers Association (EBMA) in August into alleged circumvention of anti-dumping duties on Chinese bicycles. The allegations are that some Chinese manufacturers are illegally transshipping and repackaging their products in Indonesia, Malaysia, Sri Lanka and Tunisia, to avoid the ...
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News briefs
Arena provided all the participants in the Garmin Barcelona Triathlon...
Arena provided all the participants in the Garmin Barcelona Triathlon with 7,000 swim caps. Prior to the race, which took place on Oct. 7 in the Catalan capital, the swimwear brand presented its new triathlon collection. Arena was partnering with the event for the second consecutive year.
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News briefs
Reydon Sports has been appointed European distributor for the Albion...
Reydon Sports has been appointed European distributor for the Albion cricket brand. Based in Melbourne and Sydney, Albion is a global supplier of cricket helmets, hats, caps and bags, targeting cricketers from the world's elite through to the grassroots of the game. The partnership between the British sports wholesaler and ...
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News briefs
Quiksilver aims at regaining control of its brand in China...
Quiksilver aims at regaining control of its brand in China but is locked in a 10-month legal dispute with its Chinese joint venture partner Glorious Sun Licensing (QGS). QGS is refusing a $12.5 million buyout offer from Quiksilver for 50 percent of the joint venture and terms that would provide ...
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News briefs
Pinarello's factory, near Treviso, was again targeted by thieves in...
Pinarello's factory, near Treviso, was again targeted by thieves in the night between Sept. 29 and Sept. 30, but this time the local law enforcement officers, the “carabinieri,” managed to arrest one of the culprits. The 19-year-old previous offender was caught while he was hiding two bikes and had already ...
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Article
A forum will debate Adidas’ fund for laid-off workers
At the Adidas Group's request, the Global Forum for Sustainable Supply Chains will convene a summit in Switzerland on Oct. 23 to consider options for a private insurance fund that can be made available for workers affected by factory closures and non-payment of wages and benefits. Called by Adidas “Provident ...
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News briefs
Mikkel Christensen, former general manager of the Adidas Group in...
Mikkel Christensen, former general manager of the Adidas Group in Denmark, has been appointed at the helm of H²O, the Danish sports apparel brand that changed ownership in August. Christensen left Adidas at the end of last month, to be replaced by Thomas Schwartz, former field sales manager for Denmark. ...
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Article
Bauer acquires Inaria and posts strong quarter results
Bauer Performance Sports has entered into a definitive agreement to acquire Inaria International, a global provider of team sports and active apparel. The purchase price will be C$7 million (€5.4m-$7.1m) in cash and the acquisition was expected to close on or about Oct. 17. The move will allow Bauer, a ...
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News briefs
According to a report from the Asian Development Bank (ADB),...
According to a report from the Asian Development Bank (ADB), Asia will face a significant slowdown in its economic growth over the current year and the following one. Its new study suggests that the region's overall gross domestic product will go up by only 6.1 percent this year and by 6.7 percent ...
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News briefs
Marathon running is safe for older adults, according to a...
Marathon running is safe for older adults, according to a new study in the Journal of Cardiovascular Magnetic Resonance. Researchers at the University of Manitoba in Canada tested marathon participants over the age of 50 and found that they had temporary heart effects similar to those seen in younger runners ...
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News briefs
Coreupt, a French company specializing in freeride skis and accessories, is...
Coreupt, a French company specializing in freeride skis and accessories, is to be liquidated. Established in 2008 by Guerlain Chicherit, a French freeride champion, the brand expanded fast to reach annual sales of about €1.3 million with twelve employees. Unable to finance its growing business, Coreupt went into receivership in May ...
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Article
The NBA gets busy abroad, especially in China
NBA officials have announced their plans to build a giant sports and entertainment complex on the outskirts of Beijing. The new 12,000-square-meter NBA Center will feature a gym, a themed cafe, a restaurant, a store selling team apparel, an interactive gaming area and a children's zone. Reportedly, it will be ...
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News briefs
We have already reported about the resignation of Greg Hopkins...
We have already reported about the resignation of Greg Hopkins as chief executive of Cleveland Golf/Srixon. His designated successor is Hideki Sano, who will take up the post in California next Jan. 1. At the same time, Sano will continue in his role as executive director of Dunlop Sports, responsible ...
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News briefs
Abacus has reached an agreement with the UBS Hong Kong...
Abacus has reached an agreement with the UBS Hong Kong Open Tournament to become its official clothing supplier for this year. The Swedish company will provide the clothing for the staff, volunteers and officials at the event, scheduled for Nov. 15-18. During the week of the tournament, the brand will ...
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News briefs
Grandvalira is to invest €6 million in infrastructures, ski slopes...
Grandvalira is to invest €6 million in infrastructures, ski slopes and innovation. The skiing resort, located in the Principality of Andorra, is the largest skiable area in southern Europe, with 205 km of slopes. The investments aim at increasing, in particular, the number of international visitors, mainly from Russia, the ...
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News briefs
Interbrand has released the 2012 edition of its Best Global...
Interbrand has released the 2012 edition of its Best Global Brands report, which provides a ranking of the world's 100 most valuable brands on an annual basis. This year, Nike has moved down to the 26th spot from the 25th one in 2011, with a brand value estimated at $15,126 ...
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News briefs
Eurosima, the European board sports federation, presented the 2012 industry...
Eurosima, the European board sports federation, presented the 2012 industry award winners in various categories at the annual “Waterman's Ball” organized at Hossegor, France.. No less than 250 people including top industry managers, professional surfers, celebrities and representatives of relevant federations witnessed the award ceremony, following in various ways the “Sailor” dress code ...
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News briefs
Décathlon has opened its 17th German store. It is strategically...
Décathlon has opened its 17th German store. It is strategically located in Essen, where Karstadt has its head office. Décathlon has inaugurated a new shop in the centre of Valencia, Spain. Distributed on two floors for a total surface of 5,470 square meters, the shop is the 97th in Spain ...
