All Sporting Goods Intelligence articles in Volume 24, Issue 38-39
View all stories from this issue.
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Article
Sagging profits at YY
Yue Yuen Industrial (YY) , the world's largest footwear manufacturer, saw its turnover increase by 3.2 percent to $5,559.5 million for the nine months until the end of September, but its profit declined due to the higher cost of sales . The company said the volume of shoes sold for ...
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Article
Reusch rushes into the outdoor sector
Known for its highly technical ski gloves and goalkeeper gloves, Reusch is moving into the outdoor sector with its first line of outdoor-specific gloves, bringing out a series of ten functional models for the next spring/summer season . The line will be presented at next January's Ispo Munich show. To ...
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Article
Xidelong shrinks store network
The news on the going-private transaction came just days after Exceed announced that the number of Xidelong stores in China had been pruned by more than 30 percent since the end of last year, as the brand continues to suffer from lackluster consumer demand. It had 3,301 stores ...
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Short stops
Prettywear of Munich and Room with a View of Salzburg...
Prettywear of Munich and Room with a View of Salzburg will be the new agents for the Moon Boot lines of Tecnica Group from the autumn/winter 2014/15 season
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Article
SDI upgrades its stores
Sports Direct International ( SDI ) is upgrading category management in its stores . The increasingly international U.K.-based retailer, which will report its half-year results later this week, still draws many customers with apparently huge discounts on its own brands and untidy displays suggesting unbeatable prices – a strategy ...
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News briefs
Norrøna has invested strongly in its newly updated web platform....
Norrøna has invested strongly in its newly updated web platform. The company's new website is suited for all digital platforms, which means an optimized user experience - on the desktop computer, tablet and mobile phone. The new solution is based on new technology and represents a future-oriented digital platform for ...
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News briefs
A Norwegian online retailer and wholesaler, VPG Holding, has purchased...
A Norwegian online retailer and wholesaler, VPG Holding, has purchased a 10 percent stake in 4frnt, an American ski manufacturer based in Salt Lake City. The investment makes VPG, which distributes its products in Norway, the second largest shareholder in the company behind its founder, Matt Sterbenz. One of the ...
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News briefs
Seger, the Swedish producer of socks and headwear owned by...
Seger, the Swedish producer of socks and headwear owned by the New Wave Group, is bringing the national distribution of its sports socks in-house, forming a dedicated sales network for the line. The distribution was previously handled by a separate division of the group, New Wave Sports, which owns Craft ...
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Short stops
Ochsner Sport, the leading sporting goods retailer in Switzerland, plans...
Ochsner Sport, the leading sporting goods retailer in Switzerland, plans to open its first German store next Marcch, located in the new Galcis-Galerie of Neu-Ulm
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Article
Moncler is going public
Moncler , the upscale brand of down jackets and other fashionable sports and leisurewear, announced the launch of its public offering on the Italian Stock Exchange on Nov. 27, in a price range of between €8.75 and €10.20 per ordinary share . The public offering period began on Nov. 28 ...
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News briefs
Intersport is going to be the main sponsor of the...
Intersport is going to be the main sponsor of the 2013/14 edition of the Vierschanzentouren, a very popular ski jumping competition held at four resorts in Germany and Austria around the New Year. This year's event will start in the German village of Obersdorf on Dec. 28. Now that the ...
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News briefs
XXL, the Norwegian sporting goods retail giant, has opened its...
XXL, the Norwegian sporting goods retail giant, has opened its 13th store in Sweden, this time in the town of Karlstad. The new store is 4,000 square meters and is the chain s fourth new store to open in Sweden this year. The number of its stores in the country ...
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News briefs
Foot Locker has reported a mid-single-digit sales increase in its...
Foot Locker has reported a mid-single-digit sales increase in its European stores and at Runners Point, the recently acquired German retail chain, during its third quarter, ended Nov. 2. Sales of basketball shoes were particularly strong in Europe. The German market performed well, while Italy and Spain were weak. Overall, ...
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News briefs
Fila Korea has reported an increase in operating income to...
Fila Korea has reported an increase in operating income to 22,858,323,146 Korean won (€15.9m-$21.8m) for the three months ended on Sept. 30, up from KRW16,057,186,715 for the same period a year ago. Revenues rose by 24 percent to KRW179,348,055,053 (€124.5m-$170.8m). However, the company had a net loss of KRW8,345,774,036 ...
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News briefs
Ispo has relaunched its website. One key new feature is...
Ispo has relaunched its website. One key new feature is a responsive web design that allows the page display to adopt itself to the type of terminal – be it a regular computer, a tablet or a smartphone. The Ispo Hub provides immediate access to all the homepages of Ispo ...
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Article
Green light for new Swix factory
Swix Sport has received the go-ahead to build a brand-new 10,000-square-meter production facility and warehouse in Lillehammer, Norway, that will take the place of its current smaller operations in the area by January 2016 at the latest . Various Swix products will be manufactured there, and the building ...
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Article
Exceed to go private
Exceed Company , the Chinese marketer of the Xidelong brand, is set to go private and to be delisted from Nasdaq, after it sealed an agreement allowing interests around Exceed's chairman and chief executive, Shuipan Lin , to take over the company. The offer, which implies an equity value ...
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News briefs
The Federation of the European Sporting Goods Industry (Fesi) and...
The Federation of the European Sporting Goods Industry (Fesi) and Uefa, Europe's governing body for football, have agreed to strengthen their cooperation, which dates back 13 years. They have announced that they will work more closely on technical regulations, cooperate in fighting counterfeiting around sports competitions such as Euro 2016, ...
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News briefs
Joma Sport has entered the market in Singapore through its...
Joma Sport has entered the market in Singapore through its ten-year-old Malaysian distributor, Ever Well Sports. The Spanish brand will sponsor the local Warriors Football Club in Singapore, which was previously outfitted by a Japanese brand, Svolme.
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News briefs
JO Sports is Giro's new Swedish distributor for snow products....
JO Sports is Giro's new Swedish distributor for snow products. Giro Snow has had a tumultuous history of distributorships in Sweden. Roughly a year ago, Easton Bell Sports Nordic took over the distribution of Giro Snow from Inter Plaza Sports. With Giro Snow, JO Sports now has more alpine skiing ...
