All Sporting Goods Intelligence articles in Volume 24, Issue 32-33
View all stories from this issue.
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Article
YY predicts a pick-up
Wage hikes in Indonesia and retail discounts in China contributed to a sharp decline in the net profit of Yue Yuen Industrial (Holding) for the first six months of the year. The footwear manufacturing giant predicted that 2013 would be a year of consolidation but that a new era ...
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News briefs
Manchester United's owners have set in motion the possible sale...
Manchester United's owners have set in motion the possible sale of up to 23 million of their shares, worth up to $400 million. The shares are being offered through Red Football LLC, the investment vehicle of the U.S.-based Glazer family, which has owned United since 2005. The news followed the ...
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News briefs
Peter Kats is Vans' new vice president of sales for...
Peter Kats is Vans' new vice president of sales for Europe, the Middle East and Africa. Based at VF Corporation's European office in Switzerland, he has taken the place of Jan van Leeuwen, who has become vice president and general manager of the brand. Kats, 44, has been European licensing ...
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Article
Sports retail powers JD’s results
JD Sports Fashion enjoyed a 111 percent increase in pre-tax income to £6,087 million (€7.293m-$9,865m) for the first half ended on Aug. 3. Gross margins improved to 48.8 percent of sales from 48.4 percent in the year-ago period on 2.0 percent higher sales of £567,370,000 (€679.8m-$919.4m). Operating ...
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News briefs
The initial public offering for Moncler is now slated for...
The initial public offering for Moncler is now slated for Dec. 9. The Italian company is reportedly seeking a valuation of €2.3 billion for 100 percent of its capital, but only 25 percent of it would be offered to the public. Meanwhile, Luciano Santel is leaving as president and managing ...
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News briefs
Holmenkol, the German marketer of ski wax and maintenance products,...
Holmenkol, the German marketer of ski wax and maintenance products, has appointed Conrad Götzel head of sales for the German-speaking countries and to take care of the key accounts in the same region. The 30-year-old will additionally supervise marketing and product management. Götzel has been working on Holmenkol's trade marketing ...
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News briefs
Sascha Kautschitsch left Maier Sports, the German marketer of sportswear,...
Sascha Kautschitsch left Maier Sports, the German marketer of sportswear, on Sept. 30. He acted briefly as managing director of the company and, later on, as consultant in charge of brand strategy and business development. Kautschitsch intends to stay within the outdoor industry to assist related companies with advice in ...
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News briefs
Jack Wolfskin is gearing up for a rebound in sales,...
Jack Wolfskin is gearing up for a rebound in sales, as it begins to fully implement a wide range of structural and strategic changes, and to invest further in international markets. On the back of sharply increased orders, the German outdoor company predicts that its sales will pick up at ...
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News briefs
Marmot has opened its first single-brand franchised store in the...
Marmot has opened its first single-brand franchised store in the U.K. in partnership with Adventure Peaks, a British outdoor retailer and expedition company. Located in Ambleside in the Lake District National Park, the store has a selling surface of 180 square meters (more in The Outdoor Industry Compass).
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News briefs
Intersport is partnering with The North Face for its first...
Intersport is partnering with The North Face for its first pan-European campaign in the outdoor category, as it has already done with Adidas and Nike in football, Reebok in fitness and Asics in running. A co-branded “More Jacket. More Adventure” campaign is being rolled out across 14 countries this autumn ...
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News briefs
Puma's listing on the Frankfurt stock exchange has moved from...
Puma's listing on the Frankfurt stock exchange has moved from the MDax index to the SDax index for smaller German firms. The demotion has been explained by a 7 percent drop in the company's stock market capitalization in the last 12 months and the fact that less than 20 percent ...
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Article
Quiksilver regains ground in Europe
After several rough quarters in Europe, the Quiksilver group lifted both its sales and its gross margin in the region for the three months until the end of July, while the cost savings implemented in the last quarters have started to pay off for the entire company. The group's ...
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Article
Kodiak expands in Europe
This big Canadian producer of waterproof boots has been expanding its presence on the European market since it first exhibited at the Ispo show in Munich at the beginning of last year. Jean-Marc Groell , a former executive of Columbia Sportswear who has been taking care of Kodiak ...
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News briefs
Ignasi Puig, general manager of Intersport España, was unanimously elected...
Ignasi Puig, general manager of Intersport España, was unanimously elected as a member of Intersport International Corporation's board of management at its annual general meeting in Ljubljana last month. He takes the place of Marco Giunta, who left earlier this year as chief executive of Italy's Cisalfa. Puig has been ...
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News briefs
Nike Golf will have a new marketing director for Europe,...
Nike Golf will have a new marketing director for Europe, the Middle East and Africa, Daniel Schenk, starting Dec. 1. Currently based in the U.S., Schenk has spent ten years with Nike Golf in the roles of digital marketing manager, U.S. brand manager and global brand integration director. He recently ...
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News briefs
Gary van Rooyen is leaving as managing director of New...
Gary van Rooyen is leaving as managing director of New Balance South Africa to purchase and run Coreban, a Hawaiian brand of stand-up paddling boards, together with some associates. Following his departure, Craig Bowen, national sales manager, will become country manager for South Africa. He will report to Ricky Knight, ...
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Article
Décathlon did not grow as much as we thought
The annual European retail chart that we ran in the last issue of this publication included inaccurate figures for Décathlon's sales increase in four countries . Our estimates were much too high, due to a confusion made by one of our sources between actual sales and same-store sales. In Italy, ...
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Short stops
Décathlon is preparing to open a second Swedish store in...
Décathlon is preparing to open a second Swedish store in the Kungens Kurva shopping mall in the south-west of Stockholm
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News briefs
Patagonia has created a new role of vice president of...
Patagonia has created a new role of vice president of marketing and assigned it to Joy Howard, who served most recently in a similar position at Converse. She began her career in marketing at Johnson & Johnson and later became global marketing director for the joint venture between Coca-Cola and ...
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Short stops
Tecnifibre is going to cover the Dutch market directly instead...
Tecnifibre is going to cover the Dutch market directly instead of working through Inside Brands , allowing the latter to focus on Pro Kennex
