All Sporting Goods Intelligence articles in Volume 23, Issue 48-49 – Page 2
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News briefs
L-Fashion Group of Finland informally took over the operations of...
L-Fashion Group of Finland informally took over the operations of its distributors in the Netherlands earlier this month, in a switch that will be formalized in January. The Finnish company was previously dealing with two companies in the country: Pelser Mode-Agenturen, headed by Marcel Pelser, taking care of the Luhta ...
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News briefs
India's Serious Fraud Investigation Office is reportedly going to file...
India's Serious Fraud Investigation Office is reportedly going to file additional charges against two former executives of Reebok India, Subhinder Singh Prem and Vishnu Bhagat, after receiving a forensic audit ordered by Adidas and conducted by Ernst & Young. The review has uncovered allegedly fake transactions with unauthorized customers that ...
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News briefs
The French federation of the sporting goods industry, Fifas, has...
The French federation of the sporting goods industry, Fifas, has launched a new website featuring a new visual identity, with a new logo and a new graphic design. The organization aims at modernizing its image and better communicating with its members. The new website also covers corporate social responsibility and ...
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News briefs
In preparation for its planned expansion into the U.S., Galvin...
In preparation for its planned expansion into the U.S., Galvin Green has hired a brand manager, Nicholai Stein, who will take a proactive role in marketing for the Swedish brand of waterproof golf clothing, which is already a leader on the U.K. market. He will report directly to Christian Nilsson, ...
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News briefs
Jonathan Petty, European marketing manager at Patagonia, is preparing to...
Jonathan Petty, European marketing manager at Patagonia, is preparing to move to London to become regional manager for the same brand in northern Europe, encompassing the U.K., Ireland, the Nordics and the Baltics. To reinforce its business in all of Europe, Patagonia has carved the continent into four regional units. ...
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Article
Foot Locker grows strongly worldwide, but Europe is sluggish
Foot Locker reported a 61 percent increase in net income to $106 million for the third quarter ended Oct. 27, thanks in part to a $9 million tax benefit from a foreign audit. Global revenues grew by 9.3 percent to $1,524 million, with a rise of 11.0 percent in local ...
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Article
The EU finalizes a new GSP trade scheme
The European Union has released information on the changes it is making to its Generalized System of Preferences (GSP) for developing countries, a system that has been in place since 1971 to allow exporters from developing countries to pay lower duties on some or all of what they sell to ...
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News briefs
Patagonia has unveiled a plant-based wetsuit, as an environmentally-friendly...
Patagonia has unveiled a plant-based wetsuit, as an environmentally-friendly alternative to neoprene products. It was developed in partnership with Yulex Corporation, a company focusing on clean technologies using agriculture-based biomaterials. The new Patagonia wetsuit is made at 60 percent of biorubber issued from guayule, a renewable crop which requires little ...
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Article
The weather plays havoc with Easton-Bell
European sales were down by 4.7 percent in the first nine months ended on Sept. 29, including a 15 percent dip in the third quarter, largely due to a difficult snow sports market. Sales of Giro snow sports products in the U.S. and Europe fell by 30 percent in the ...
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News briefs
Matrix Fitness, one of the divisions of Johnson Health Tech,...
Matrix Fitness, one of the divisions of Johnson Health Tech, has become the official supplier of fitness equipment to the Red Bull Racing automotive team. Matrix has equipped an on-site gym in the team's head office for use by the drivers and team employees.
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News briefs
Oberalp, which distributes Speedo in Italy, is inaugurating its first...
Oberalp, which distributes Speedo in Italy, is inaugurating its first Speedo House in the country in the city of Bolzano, in the northeast of the country. It is located in the large sporting goods store operated by a sister company, Sportler, under the city's arcades. The Speedo House consists of ...
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Short stops
Footez will distribute Vivobarefoot in Spain
Footez will distribute Vivobarefoot in Spain
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News briefs
Sports Direct International (SDI) is moving further into team sports:...
Sports Direct International (SDI) is moving further into team sports: The leading British sports retailer and wholesaler, which owns a gaggle of sports brands, has acquired a majority stake in Vandanel Premier, a British team sports apparel specialist. Four years ago SDI acquired Sondico, another football brand that is strongly ...
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News briefs
The Vegam division of Spac, an Italian developer and manufacturer...
The Vegam division of Spac, an Italian developer and manufacturer of technical fabrics and components near Vicenza, is partnering with the eVent division of General Electric to bring a new line of permeable and bi-component waterproof fabrics to European shoe companies. Spac will produce both three- and four-layer laminates for ...
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News briefs
Descente reported that sales for the fiscal second quarter ended...
Descente reported that sales for the fiscal second quarter ended Sept. 30 were up by 11.3 percent to 26.1 billion yen (€245.2m-$317.3m), compared with the year-ago period. The gross margin achieved by the Japanese apparel company improved by 0.6 percentage points to 51.0 percent of sales for the quarter, against ...
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Article
Exceed’s sales and profit decline
Exceed's revenues decreased by 48.1 percent to 553.3 million yuan renmimbi (€68.7m-$88.9m) in the third quarter ended Sept. 30 compared with the same period last year. The gross margin dropped by 2.0 percentage points to 27.5 percent. The net profit for the quarter was off by 79.0 percent to RMB ...
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News briefs
Pearl Izumi has promoted Mike O'Connor, currently vice president of...
Pearl Izumi has promoted Mike O'Connor, currently vice president of consumer service, retail & distribution, to divisional president effective Apr. 1, 2013. He will replace Juergen Eckmann, who is leaving the company after more than 11 years. O'Connor has had a long career in retail, having worked with numerous retailers ...
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Short stops
Lotto has extended its endorsement contract with David Ferrer, ranked...
Lotto has extended its endorsement contract with David Ferrer, ranked fifth in the ATP Tour, for four more years
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Article
Ispo wants to “connect” the industry
Ispo has launched a new marketing campaign to emphasize its role as the leading international networking instrument in the sporting goods sector. The colorful campaign is based on a new corporate claim around the word “Connected” (Sports. Business. Connected) developed by Messe München's new marketing partner, the Serviceplan agency in ...
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News briefs
Sonae Group, the Portuguese retail conglomerate over the Sport Zone...
Sonae Group, the Portuguese retail conglomerate over the Sport Zone chain, reported an improved adjusted Ebitda margin of 11.1 percent for the first nine months of this year, but the net profit attributable to shareholders declined by 24 percent to €64 million. Operating results improved in the third quarter thanks ...
