All Sporting Goods Intelligence articles in Volume 24, Issue 36-37 – Page 6
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News briefs
Amer Sports has issued a bond worth 750 million Swedish...
Amer Sports has issued a bond worth 750 million Swedish kronor (€85.4m-$115.4m) to institutional investors, with a floating rate and a loan period of five years. It will use the bond for the repayment of loans and general corporate purposes. Nordea Markets acted as the sole book-runner for the bond, which ...
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News briefs
At 563 million Swedish kronor (€62m-$84m), sales in the Sports...
At 563 million Swedish kronor (€62m-$84m), sales in the Sports & Leisure segment were virtually unchanged in the third quarter for New Wave Group, parent company of Craft, Cutter & Buck and other brands, but their operating results before amortization (Ebitda) were SEK6.4 million better than a year ago at ...
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News briefs
Adidas has unveiled its new, limited-edition adizero f50 boot designed...
Adidas has unveiled its new, limited-edition adizero f50 boot designed by Yohji Yamamoto, the award-winning Japanese fashion designer. The German brand will sell just 2,000 pairs of the new f50s boot globally. The Yamamoto f50 uses the same technology as the current adizero f50 range, offering lightness and precision. The ...
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Article
Ski professional gets 5% of Kästle
Chris Davenport, a two-time free ski world champion, has become a shareholder of Kästle, the Austrian ski manufacturer. At the same time, the American athlete has joined the company's board of directors. Davenport has been with the brand since 2007, when Kästle set up its “Pro Team'' of top athletes. Since ...
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News briefs
Callaway Golf has redeemed all its 7.5 percent Series B...
Callaway Golf has redeemed all its 7.5 percent Series B convertible preferred shares. Of those, 183,496 were converted into 2,602,770 ordinary shares and the 300 others were redeemed for $30,356.25.
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News briefs
The British Halfords Group reported a 6.4 percent increase to...
The British Halfords Group reported a 6.4 percent increase to £44.6 million (€53.3m-$71.8m) in earnings before taxes and non-recurring items for the first half ended last Sept. 27. Total revenues went up by 7.7 percent to £490.6 million (€586.1m-$789.8m), with revenues from cycling up by 14.2 percent on a comparable basis. ...
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News briefs
Nautilus reported a 22 percent rise in total sales to...
Nautilus reported a 22 percent rise in total sales to $46.3 million for the third quarter ended Sept. 30, driven by an increase of 70 percent to $19.4 million in its Retail segment following the introduction of new cardio products such as Schwinn recumbent and upright bikes and elliptical machines. ...
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News briefs
A new round of financing has provided the German-based 21sportsgroup...
A new round of financing has provided the German-based 21sportsgroup with sufficient working capital to finance its purchases until 2016, according to a press release by the company, which says that this is also going to improve profitability because of the discounts generally granted by suppliers on pre-orders. Further details ...
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Short stops
New Balance has signed up Ben Stokes, a 21-year-old cricketer...
New Balance has signed up Ben Stokes, a 21-year-old cricketer from New Zealand who has won the selection for the England Ashes Tour
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News briefs
In 2012, bicycle sales in Europe dropped around 6.5 percent...
In 2012, bicycle sales in Europe dropped around 6.5 percent compared with 2011 to 18.6 million units, but bicycle sales outnumbered car sales in volume in nearly all European countries, Bike Europe noted in a recent report. Even the Germans, for instance, surprisingly bought 3,083,000 cars, but 3,970,000 bicycles. Demand ...
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News briefs
Dare 2b, the British mountain sports brand, reports on a...
Dare 2b, the British mountain sports brand, reports on a new partnership with Moore Large, which claims to be the U.K.'s largest distributor of bicycles, parts and accessories. It will distribute Dare 2b's new range of cycling apparel to bike dealers in the U.K. and Ireland from next February, complementing ...
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News briefs
Under Armour is paying $150 million for the takeover of...
Under Armour is paying $150 million for the takeover of MapMyFitness, a company in its hometown of Baltimore whose digital fitness platform has more than 20 million users. It allows them to track and share their progress in running and other fitness activities through the social media. Under Armour, which ...
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News briefs
Amer also reports that a total of 19,109 shares granted...
Amer also reports that a total of 19,109 shares granted as share-based incentives were returned to Amer Sports on Nov. 7 in accordance with the terms of an incentive plan as the employment of their holders came to an end. Amer holds now a total of 982,587 shares of its ...
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News briefs
Ispo is going to dedicate the entire Hall C1 to...
Ispo is going to dedicate the entire Hall C1 to health and fitness at its next Jan. 26-29 session. Besides suppliers of fitness equipment and related products, the hall will accommodate companies involved in indoor cycling, running, functional training, nutrition and the prevention of diseases. A wide range of seminars ...
