All Sporting Goods Intelligence articles in Volume 25, Issue 28-29 – Page 3
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News briefs
Body Glove is bringing out a line of outdoor fitness...
Body Glove is bringing out a line of outdoor fitness lifestyle clothing, Breathe by Body Glove, in North America this autumn. It is said to have been designed for a woman who wants to experience physical exercise to make her feel confident, beautiful and empowered, and not just for physical ...
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News briefs
The board of directors of the European Federation of the...
The board of directors of the European Federation of the Sporting Goods Industry (Fesi) has unanimously elected Luca Businaro as its new president until October 2016, taking the place of Bruno Alves who has left Nike to join the European Commission in Brussels. Businaro was recently re-elected as president of ...
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News briefs
Skullcandy returned to the black in the second quarter ended...
Skullcandy returned to the black in the second quarter ended June 30, posting a net profit of $1,572,000 against a loss of $635,000 a year earlier thanks to a cut of 4.7 percentage points in operating expenses. Sales increased by 6.0 percent to $39.5 million, with similar trends in the ...
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Article
Billabong divests online platforms
Billabong International has sold its multi-brand, surf-related e-commerce operations to an investors' consortium that includes the founders of Surfstitch, Justin Cameron and Lex Pedersen, for total proceeds of more than 35 million Australian dollars (€25.29m-$32.73m). The assets being divested are Billabong's 51 percent stake in Surfstitch.com, the Australian online surfwear ...
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Article
Billabong regains some traction
The reorganization of Billabong International and its concentration on fewer brands and activities seem to have started to pay off, particularly in the first six months of 2014. The group's net losses declined by 78 percent to 233.7 million Australian dollars (€168.85m-$218.55m) for the financial year ended last June 30 as ...
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News briefs
Steve Murray has been designated to succeed David Suddens as...
Steve Murray has been designated to succeed David Suddens as the chief executive of Dr. Martens at the end of this year. Suddens, who has led the company for 12 years, will act as non-executive chairman. Murray has lately been running Deckers Outdoor's operations in Europe, the Middle East and ...
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News briefs
A Norwegian sportswear company, Skogstad Sport, has become an official...
A Norwegian sportswear company, Skogstad Sport, has become an official sponsor of the Cardiff football club in the U.K. The elements of the sponsorship deal include marketing opportunities at Cardiff City's new stadium such as posting the company's logo behind the Norwegian manager of the British team, Ole Gunnar Solskjaer, ...
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Article
Runners Point is set to enter other markets under Bart De Wilde
In reporting excellent results for the second quarter, Foot Locker indicated late last month that it would like to expand the German-based Runners Point Group, which it took over a year ago, beyond the German-speaking countries and the Netherlands. The group has 214 stores trading as Runners Point and Sidestep ...
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Article
VF Corp. teams up with the World Bank Group for Bangladesh
VF Corporation has announced a collaboration with the International Finance Corporation (IFC), a member of the World Bank Group, to provide up to $10 million to help VF suppliers in Bangladesh finance fire and building safety upgrades in their factories. VF said these funds are part of the company's overall $17 million commitment to the health ...
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News briefs
Pelle Odebrant, former sales director for F-Stop backpacks and camera...
Pelle Odebrant, former sales director for F-Stop backpacks and camera bags for Europe, the Middle East and Africa, is now responsible for the sale of DPS Skis on the Scandinavian market. He replaces Jon Larsson and Niklas Rantzow in this role.
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News briefs
Working through Austrian-based Blue Tomato, Zumiez plans to raise the...
Working through Austrian-based Blue Tomato, Zumiez plans to raise the number of its European stores from 12 to 18 in the course of this year. The American action sports retailer performed better than expected in the second quarter ended Aug. 2, as its net profit jumped by 57.3 percent to ...
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News briefs
Löffler is the first Austrian company to have been awarded...
Löffler is the first Austrian company to have been awarded the STeP certifcate of Oeko-Tex for its sustainable textile production. The company, which belongs to the Fischer group, produces more than 1.3 million pieces each year, exporting about two-thirds to Germany, Switzerland, Italy and other countries. Around 70 percent of ...
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Article
Globe posts strong growth in Europe and Australia
Globe International's overall revenues rose by 24 percent to A$104 million Australian dollars (€75.30m-$97.54m) for the year ended June 30 as compared to the previous year, or by 13 percent in constant currency terms, driven by strong results in Europe and Australia. Breaking the A$100 million sales mark with solid growth ...
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News briefs
Mario Grahe assumed the newly created position of chief executive...
Mario Grahe assumed the newly created position of chief executive officer at Sportalm Kitzbühel from Sept. 1. Before joining Sportalm, the 47-year old worked as head of sales in the women's outerwear segment at Bogner, as head of sales at Joop and as chief executive at Peek & Cloppenburg. From ...
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News briefs
SR Suntour will start assembling rear shocks in France. The...
SR Suntour will start assembling rear shocks in France. The company announced at the recent Eurobike trade show that it will start with rear shocks, but this could be expanded to other bike components such as suspension forks. In the next few months, the Vélovertigo facility in Chambéry, France will ...
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Short stops
Asics is planning to open its first store in Paris...
Asics is planning to open its first store in Paris in March 2015
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News briefs
Asics is the new title sponsor of two Neon Run...
Asics is the new title sponsor of two Neon Run U.K. events set to take place in October in Leeds and Sunderland, respectively on Oct. 18 and Oct. 25. As part of the deal, besides being the naming rights sponsor, Asics will be the exclusive footwear and technical apparel category ...
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Article
Under Armour sponsors a supermodel, clashes with Nike over Durant
Under Armour has announced a multi-year sponsorship deal with Gisele Bündchen, the 34-year-old Brazilian supermodel, as part of its efforts to double the size of its women's apparel segment, which has reached annual sales of around $500 million. The terms of the contract have not been revealed, but it was ...
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News briefs
Under Armour is in line to raise the number of...
Under Armour is in line to raise the number of single-brand stores outside the U.S. from 20 to 80 in the course of this year, including 50 in China. About 12 of the existing stores are directly owned by the American company, which is determined to have a stronger presence ...
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News briefs
BRG Sports, formerly called Easton-Bell Sports, has promoted Dan Arment...
BRG Sports, formerly called Easton-Bell Sports, has promoted Dan Arment to executive vice president of the group and president of Bell Cycling Products. He will continue as president of Riddell Sports, a position that he has held since 2008. Arment started at the group nearly 14 years ago as sales ...
