All Sporting Goods Intelligence articles in Volume 24, Issue 30-31
View all stories from this issue.
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News briefs
Wolverine Worldwide has promoted Jodi K. Watson to the new...
Wolverine Worldwide has promoted Jodi K. Watson to the new position of president of consumer direct operations, reporting directly to Blake W. Krueger, chairman, chief executive and president of the growing American footwear group, which is committed to expanding the online and retail operations of its brands around the world. ...
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Article
Peak Performance improves margins on lower sales
Peak Performance , the Swedish ski, outdoor and golf apparel brand, saw its sales decline by about 5 percent to the equivalent of 931 million Danish kroner (€124.8m-$164.9m) f or the fiscal year until the end of June, but its operating profit rose sharply on the back of improved ...
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News briefs
Intersport PSC Holding, the Swiss licensee of Intersport, warns shareholders...
Intersport PSC Holding, the Swiss licensee of Intersport, warns shareholders that it will have to book extraordinary losses for the current financial year due to the failure of negotiations to take over some of the assets of a major client and partner, which is understood to be Universal Sport. The ...
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News briefs
Lolë held a particularly successful Parisian session of its White...
Lolë held a particularly successful Parisian session of its White Yoga Tour at the Grand Palais, one of the most famous monuments in the French capital, on Sept. 1. The Canadian sports clothing brand, which is owned by Coalision and focuses on yoga and well-being, managed to gather 4,000 people, ...
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News briefs
The president of NBA International, Heidi Ueberroth, who has overseen...
The president of NBA International, Heidi Ueberroth, who has overseen the global expansion of the U.S. National Basketball Association (NBA), said that she will leave her post at the end of 2013, after nearly 20 years at the helm of the organization. The 48-year-old, who still is one of the highest-ranking ...
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News briefs
Heelys is undergoing a makeover under the ownership of Sequential...
Heelys is undergoing a makeover under the ownership of Sequential Brands Group, which acquired the brand of wheeled footwear at the beginning of this year. A TV commercial due to be broadcast in October in the Americas as well as in Europe and Asia will mark the launch of a ...
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News briefs
Retail sales of sporting goods in Sweden took a sharp...
Retail sales of sporting goods in Sweden took a sharp turn for the worse in June. According to Sweden's HUI Research, after year-on-year increases in both April and May, sales declined by 2.1 percent in June. This means that the cumulative turnover for the first six months of 2013 are ...
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News briefs
Golfsmith International is partnering with Golfzon, a publicly listed golf...
Golfsmith International is partnering with Golfzon, a publicly listed golf simulation company in South Korea, to open a chain of stores in and around Seoul over the next five years. The first one should emerge before the end of 2013. Golfzon is expanding into golf course management and related industries. ...
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) is...
The World Federation of the Sporting Goods Industry (WFSGI) is organizing a forum to discuss “The Future of Manufacturing” in Taipei on Dec. 2 and 3. The get-together is described as a WFSGI Manufacturers Forum but the federation has invited experts who will look into the trends and prospects of ...
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News briefs
Xavier Nidecker, from the family that founded the Swiss snowboard...
Xavier Nidecker, from the family that founded the Swiss snowboard brand by the same name, has become global brand manager of Jones Snowboards. Based in Switzerland, he will work closely with Jeremy Jones on product development, creative and global marketing initiatives. Jones Snowboards has also promoted Seth Lightcap to global ...
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Article
Moncler prepares for the stock exchange
Moncler , the upscale brand of down jackets and other fashionable sports and leisurewear, might be listed on Milan Stock Exchange as from November or by the end of the year . According to Il Sole 24 Ore, the important Italian financial daily newspaper, the company should submit ...
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Article
Exceed may go private
Shuipan Lin , the founder and chief executive of Exceed Company , has put forward a non-binding proposal with several partners to acquire all of the outstanding shares they do not own in the company. The offer came just days after the Chinese company, which owns the Xidelong brand, ...
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Article
A good Eurobike show
Eurobike 2013 , which took place in Friedrichshafen, Germany on Aug. 28-31, registered a higher attendance than last year, with 45,200 visitors versus 43,700 in 2012. They came from 111 countries, up from 97 last year. The foreign share was 56 percent. The business mood at the fair was said ...
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News briefs
Nike Golf has signed up Dave Stockton, described by the...
Nike Golf has signed up Dave Stockton, described by the company as one of the hottest short-game golf instructors. The legendary putting guru has coached many well-known golf champions including Rory McIlroy and Suzann Pettersen, who are also sponsored by Nike. He will assist the Swoosh notably in product development ...
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News briefs
A fire damaged property, equipment and inventories in three factories...
A fire damaged property, equipment and inventories in three factories operated by Yue Yuen in Serang, Indonesia, on July 8. The blaze was brought under control within three hours and nobody was injured, but the company said in a statement that this may delay its deliveries. The production has been ...
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Article
Rottefella tightens grip on costs as sales shrink
Rottefella , the Norwegian group specialized in cross-country ski bindings, saw its sales shrink by 32.2 percent to about 160 million Norwegian kroner (€19.8m-$26.1m) in 2012, after a sharp rise in the two previous year s. But Christer Johnsen, the company's chief executive, said in an interview with Sportbransjen ...
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Article
Easton-Bell’s results are impacted by one-time costs
Easton-Bell Sports reported net sales of $201.6 million for the second quarter ended June 29, a decrease of 5.8 percent as compared to the second quarter of 2012, primarily due to lower sales of hockey equipment and the company s exit from non-core fitness products. The California-based ...
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News briefs
Jarden Corporation is raising the number of shares in its...
Jarden Corporation is raising the number of shares in its secondary offering from 11.6 to 15 million, priced at $47 each. The proceeds of $678.7 million, which would increase to $781.4 million if an overallotment option is exercised, would help finance the group's newly announced acquisition of Yankee Candle Investments, ...
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News briefs
The Mainland Middle-Class Consumer Survey published by the Hong Kong...
The Mainland Middle-Class Consumer Survey published by the Hong Kong Trade Development Council confirms that China's emerging middle-class consumers increasingly long for international brands, even when they are aware that the products are made in China. The survey was conducted from December 2012 to January 2013 among 1,600 respondents in ...
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News briefs
Mango has unveiled a collection of T-shirts, softshells and other...
Mango has unveiled a collection of T-shirts, softshells and other sports clothing, called Mango Sport. It is featured in 155 of its stores in 25 countries, and reportedly it should become a permanent feature of its shops. The launch follows a similar initiative by H M, which is said to ...
