All Sporting Goods Intelligence articles in Volume 25, Issue 26-27
View all stories from this issue.
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Article
Rapala’s sales and profit under pressure
Rapala VMC registered a 5 percent sales decline to €77.7 million in the second quarter ended June 30 versus the same period last year. Revenues at comparable exchange rates grew by 1 percent. In the six-month period ended June 30, sales were €143.9 million, down 8 percent from the previous ...
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Article
Li Ning’s loss widens
Li Ning said it made a loss of RMB585.8 million (€71.4m-$95.5m) in the six months ended June 30, much wider than a year earlier, when the loss amounted to RMB184.2 million. The company had warned in July that it would post a loss of at least RMB550 million (€67.1m-$89.6m) for ...
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Short stops
An industry veteran, Jay McGregor, will work for Reef as...
An industry veteran, Jay McGregor, will work for Reef as vice president of sales for the Americas and Asia-Pacific regions
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News briefs
Safilo said that it plans to increase the share of...
Safilo said that it plans to increase the share of house brands - Polaroid, Carrera, Smith Optics, Safilo and Oxydo - to 40-45 percent of the group's total revenues in five to seven years from about 20 percent currently - through organic growth and through possible new acquisitions. Although it ...
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News briefs
Intersport wants to renew and sharpen its image in Sweden...
Intersport wants to renew and sharpen its image in Sweden with the launch of a new website, advertisements and an increased social media presence aimed at strengthening ties with consumers. The exact launch date of the new website has not yet been announced, but television advertisements featuring a range of ...
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Article
Winter sports lift Head sales
An acquisition and an uptick in winter sports sales have enabled Head to improve its sales and to reduce its loss for the first half of this year. The Austrian company estimates that it will gain share in a declining winter sports market in the upcoming season. Head's sales ...
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Article
Good numbers for Sportamore
Since its establishment five years ago, the Swedish online sporting goods retailer Sportamore has been able to show strong growth, but little profits. For the second quarter of this year, it has reported an operating profit of 400,000 Swedish kronor (€43,685-$58,437), compared with an operating loss of SEK 7.1 million ...
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Short stops
Wilson Sporting Goods has hired Nick Gonzales as global marketing...
Wilson Sporting Goods has hired Nick Gonzales as global marketing director
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News briefs
Keen has hired Michael Minter as its first in-house vice...
Keen has hired Michael Minter as its first in-house vice president of creative. Minter was most recently global creative director/global director of marketing at Sanuk. He brings years of experience from the outdoor, action sports, surf and footwear industries. At Sanuk, he led the design and development process as global ...
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News briefs
Pearl Izumi will open its fifth European factory outlet store...
Pearl Izumi will open its fifth European factory outlet store in the U.K. this autumn. The sports apparel maker has opened four other factory outlet stores in Europe in four years, located in the Dutch city of Valkenburg, Palma de Mallorca, Vienna and Paris. The new store that will open ...
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Article
Ottervanger quits Etnies for Icebreaker
Peter Ottervanger, a Dutch expert in retailing, is leaving as vice president and general manager for Europe, the Middle East and Africa at Sole Technology, parent company of Etnies and other skate and snowboard brands, to take on a similar role at Icebreaker, the fast-growing brand of merino wool garments ...
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News briefs
Element will open its first stand-alone store in the U.K....
Element will open its first stand-alone store in the U.K. in November or December. The U.S.-based skateboarding clothing and footwear brand will open a 2,816-square-feet flagship store at 13 Shorts Gardens near Covent Garden in central London, in a space that was previously occupied by Berghaus. The three-floor shop will ...
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News briefs
Houdini Sportswear will open an eco-sustainable store in Gothenburg in...
Houdini Sportswear will open an eco-sustainable store in Gothenburg in September. The Swedish company claims it will be Sweden's greenest store. This will be made possible through the collaboration with Vasakronan, a major real estate firm managing 192 properties in the country with a total area of around 2,600,000 square ...
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News briefs
Retailing over the internet dropped for the first time in...
Retailing over the internet dropped for the first time in Germany across all product segments in the second quarter of 2014, according to the German E-Commerce and Mail Order Catalog Association (BEVH). It fell by 5.2 percent to €9.5 billion as compared to a very strong quarter a year ago. ...
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Article
Pou Sheng doubles first-half profits
Pou Sheng International Holdings reported a 9.1 percent sales increase to US$966.6 million for the first half ended June 30. Operating profits more than doubled and reached US$15.8 million, up 107.2 percent from the corresponding prior period. The company attributed the increase to solid growth in retail sales, which more ...
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Article
Shimano’s sales and profits see double-digit rises
Shimano Europe has announced that it has renewed its Service Center concept, in close cooperation with its sales offices and distributors. The new concept is based on the three key pillars of service, availability and experience, says the company. It offers exclusive training sessions, workshops and presentations, including an e-learning ...
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Article
Moncler posts double-digit growth
In the first half ended June 30, Italy's Moncler generated revenues of €218.3 million, a 19.2 percent increase at current exchange rates compared with the first half of 2013, and up 22 percent at constant exchange rates. Moncler's revenues jumped by 27 percent in April-June after a 16 percent rise ...
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Short stops
Icepharma, a distributor of healthcare and sports products, has started...
Icepharma, a distributor of healthcare and sports products, has started to distribute Speedo in Iceland, replacing Tomas Rorfasson who has represented the brand in the country for 51 years
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News briefs
Digital marketing can be very effective. Selena Gomez reportedly got...
Digital marketing can be very effective. Selena Gomez reportedly got 865,000 likes after introducing her new shoe collection to her 12 million followers on Instagram. The line is a collaboration with Neo, the young and affordable shoe brand of the Adidas Group.
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Article
New manager for Décathlon in Sweden
Amir Golkar is taking over as country manager of Décathlon in Sweden. Golkar has been partly responsible for the establishment of the big international sports retail chain in Sweden since 2009, when he joined the company after working in international trade. At Décathlon, he worked as establishment director and then ...
