All Sporting Goods Intelligence articles in Volume 24, Issue 32-33 – Page 4
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News briefs
Johnson Outdoors has announced the replacement of its revolving credit...
Johnson Outdoors has announced the replacement of its revolving credit facility with a streamlined capital structure, reducing annual borrowing costs. The new debt financing includes a cash flow-based loan agreement, with fewer financial covenants and simplified reporting requirements compared with the previous asset-based facility. The revolving credit facility provides financing ...
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News briefs
Kering, parent company of Puma and Volcom, has announced the...
Kering, parent company of Puma and Volcom, has announced the appointment of Claire Roblet as director of financial communications and market intelligence, replacing Alexandre de Brettes. She will report to Jean-Marc Duplaix, chief financial officer of the group. Roblet began her career in the fields of consulting and banking before ...
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News briefs
Anders Cleemann has been appointed chief executive for the Peak...
Anders Cleemann has been appointed chief executive for the Peak Performance brand at IC Companys, taking over the position from Henrik Bunge who is leaving the group. Cleemann was previously responsible for two other sportswear brands of the Danish group, Tiger of Sweden and By Malene. His nomination is part ...
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News briefs
The European Health & Fitness Association (EHFA), which represents the interests...
The European Health & Fitness Association (EHFA), which represents the interests of the health & fitness sector at the EU level in Brussels, and FIBO, international German-based trade show for health and fitness, have agreed on the development of a number of joint activities, which are set to take place from ...
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Article
Karstadt Sports falls under new ownership amid rumors on merger with Kaufhof
Nicolas Berggruen, the entrepreneur who acquired Karstadt out of bankruptcy proceedings in 2010, has sold a substantial part of the German department store company's assets to Signa Holding, a Vienna-based investment company specializing in real estate. The deal comprises the sale of 75.1 percent of the shares in Karstadt Sports, the company that ...
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Short stops
Skins is sponsoring an American triathlon champion, Kevin Collington...
Skins is sponsoring an American triathlon champion, Kevin Collington
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Article
European launch for Altra
Frank Warnars, the Dutch executive who took care of European sales for Saucony until about one year ago, has signed up as European brand manager for Altra Footwear, the fastest-growing brand of running shoes now on the market.Altra is not yet well known on the European market, where its line ...
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Aigle has a new retail manager, Thomas Laczny, who previously...
Aigle has a new retail manager, Thomas Laczny, who previously worked for Nike, Gap, Kiabi and other companies
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CJ Agencies is the new Dutch distributor for Poc Sweden...
CJ Agencies is the new Dutch distributor for Poc Sweden
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Article
Europe shines again for Nike, not yet China
About 18 months after the start of its European restructuring plan, the Nike Group appears to be entirely back on track in Europe, as its sales increased robustly in nearly all parts of the continent for the quarter to the end of August. The European upswing was part of a ...
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News briefs
The French retailers affiliated with the Twinner cooperative is resurrecting...
The French retailers affiliated with the Twinner cooperative is resurrecting the name of Technicien du sport, which was used by its retail members as their banner before its creation in 2000. The French cooperative has decided to restyle its own logo, adding the name of Technicien du sport in smaller ...
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Article
SDI makes first major adjustments to its Austrian strategy
Sports Direct International (SDI) is now following up on its financial intervention at SSG, the parent company of Sport Eybl & Sports Experts, the big Austrian retailer, to revitalize the ailing company and reshape it. The British retailer and brands owner bought a strategic stake in that company in June.Basically, ...
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Article
Adidas lowers its guidance again, promotes Auschel
Roland Auschel, chief sales officer of Adidas AG in charge of wholesale operations, became a member of the company's executive board on Oct. 1, with responsibility for global sales through all kinds of channels. Michael Stanier, chief consumer-direct sales officer, and Harm Ohlmeyer, chief e-commerce officer, will report into Auschel ...
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News briefs
Adidas has announced a sponsorship contract with the French Basketball...
Adidas has announced a sponsorship contract with the French Basketball Federation, replacing Nike. It's going to last for four years from this week on. The Three Stripes will thus clad the players in three major French sports federation, including the national handball and rugby teams. Nike previously took over the ...
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News briefs
Nike is going to take the place of Adidas as...
Nike is going to take the place of Adidas as the new official supplier of uniforms for the UK Athletics team next year, according to The Daily Telegraph. The report indicates that a court has rejected a claim by Adidas that challenged Nike's offer, arguing that it had a right ...
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GoPro, a maker of high-definition action cameras with annual revenues...
GoPro, a maker of high-definition action cameras with annual revenues reported to be around $80 million, is said to be considering a public offering
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News briefs
Blue Tomato, the big Austrian action sports retailer acquired by...
Blue Tomato, the big Austrian action sports retailer acquired by Zumiez last year, has opened its first door in the Tyrol on a selling surface of 520 square meters, in the state capital of Innsbruck. It is, alongside Blue Tomato's mail-order service, the company's fifth point of sale in Austria ...
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Short stops
The number of visitors at the French Sport Achat show...
The number of visitors at the French Sport Achat show in Lyon went up by 2 percent to 1,544 last month as compared to the score reached one year ago
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News briefs
DB Apparel has been accused of price fixing by the...
DB Apparel has been accused of price fixing by the Office of Fair Trading (OFT), the British competition regulator, which has issued a “Statement of Objections” against its U.K. subsidiary, inviting the parties involved in the case to make their observations. The company, a maker of sports bras based in ...
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News briefs
Messe München will provide free wireless access to the internet...
Messe München will provide free wireless access to the internet with a bandwidth of 1.5 Mbit per second over the entire fairgrounds during the Ispo Munich show. However, it will not be able to guarantee the availability and quality of data transfer, which is naturally subject to data traffic, show ...
