All Sporting Goods Intelligence articles in Volume 25, Issue 24-25 – Page 3
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News briefs
Mark King, the former chief executive of Taylormade Adidas Golf...
Mark King, the former chief executive of Taylormade Adidas Golf who was appointed at the helm of Adidas North America in April, has told American reporters that he wants to narrow the focus of the brand in terms of sports categories, and to have a more far-reaching involvement in the ...
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News briefs
- Together, the Nike group and the Adidas Group made...
- Together, the Nike group and the Adidas Group made up 57.9 percent of the global athletic footwear market in 2013.
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News briefs
Lynx Golf has taken action to stop the sale of...
Lynx Golf has taken action to stop the sale of counterfeit products by a U.K.-based golf distributor. Fake Lynx products were discovered for sale on eBay and Lynx' legal team tracked down the distributor. The company agreed an out of court settlement after the distributor acted quickly to shut down ...
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News briefs
According to local reports, Mike Weccardt has left as chief...
According to local reports, Mike Weccardt has left as chief executive of Sport Eybl, the leading Austrian sporting goods retail chain recently acquired by Sports Direct International. His position is said to have been transferred to Thomas Bittermann, an attorney who was involved in the takeover proceedings. Other top managers ...
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Short stops
Compressport, a French supplier of compression garments and accessories, is...
Compressport, a French supplier of compression garments and accessories, is going to be an official supplier of the Ultra-Trail du Mont-Blanc this summer
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Article
Accell sells fitness division, lifts bike sales
Warm spring weather in Europe along with robust demand for electric bicycles and high-end sports bikes again lifted half-year sales and profits at Accell Group, the Dutch company that owns Batavus, Sparta, Koga, Raleigh and Lapierre, among other bicycle brands.Accell raised its sales by just 0.5 percent to €506.2 million ...
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Article
Li Ning warns about wider losses
Li Ning, which has been implementing far-reaching reforms to deal with market pressure in China in the last two years, has warned that it stands to report a deeper-than-expected loss for the first six months of this year. Based on the unaudited results at the management's disposal, the loss attributable ...
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News briefs
Garmin's sales in the Fitness segment jumped by 79 percent...
Garmin's sales in the Fitness segment jumped by 79 percent to $150.7 million in the second quarter ended June 28 on the strength of its Vivofit fitness trackers, its lower-priced Forerunner watches and the new Edge 1000 cycling computer. This led the segment's operating margin to improve to 42 percent. ...
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Article
Deckers grows by 24.3%
Deckers Outdoor Corporation, which recently changed its fiscal year-end to March, has raised its outlook for sales and earnings in the current financial year after reporting a 24.3 percent boost in total revenues to $211.5 million for its first quarter ended on June 30. All its main brands contributed to ...
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News briefs
Paul Stratta is going to leave after 15 months as...
Paul Stratta is going to leave after 15 months as interim chief executive of Karbon Kinetics, the London-based company behind the high-end, collapsible Gocycle e-bike, after the upcoming Eurobike trade show. The company has announced a 53 percent increase in units sold for the first six months of this year. ...
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News briefs
Kesko Oy reported sales declines of 11.2 percent at Intersport...
Kesko Oy reported sales declines of 11.2 percent at Intersport Finland and 13.8 percent at Intersport Russia for the second quarter ended June 30. For the first six months of this year, they were off by 10.5 percent and 21.9 percent, respectively. The profitability of Intersport Finland remained at a ...
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