All Sporting Goods Intelligence articles in Volume 25, Issue 30-31
View all stories from this issue.
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Article
Profitable Zalando prepares its IPO
Both Zalando and one of its initial shareholders, Rocket Internet , are poised to announce their entry on the Frankfurt stock exchange . Zalando began to offer new shares to institutional investors yesterday, coinciding with the start of a roadshow for potential investors across Europe and the U.S.. ...
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Article
Kipstadium will be Kipsta’s new headquarters
In March 2015, Décathlon will open a new laboratory for team sports near the cities of Tourcoing, Roubaix and Wattrelos, in the northeast of France. K ipsta , the team sports brand of Oxylane, the French group that owns Décathlon, will leave the group's headquarters in Villeneuve d'Ascq, near Lille, ...
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Article
XXL goes public
XXL ASA, the Norwegian company behind the fast-growing XXL retail chain, started the roadshow and the book-building process today for an initial public offering due to commence with a listing on the Oslo stock exchange on or around Oct. 8. The price being sought for the shares is 45 to ...
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News briefs
Hans Gijzel, who supervised part of the international retail operations...
Hans Gijzel, who supervised part of the international retail operations at Sports Direct International (SDI) for several years, is said to have left the British sports retailer and wholesaler in June. Based in Belgium, Gijzel spearheaded SDI's rapid expansion into that country, where it has become one of the market ...
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News briefs
Klaus Jost, general manager of Intersport Germany, was unanimously re-elected...
Klaus Jost, general manager of Intersport Germany, was unanimously re-elected chairman of Intersport International Corporation's board of directors at its recent annual meeting in Ireland. He has been holding this prestigious title since 2009. The only change in the board is the replacement of its French representative. François Neukirch, the ...
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Article
Stella posts some gains
Stella International has reported a 3 percent increase in net income to 52,378,000 yuan renmimbi (€6.47m-$8.53m) for the six months ended on June 30. Shoe deliveries declined slightly to 23.7 million pairs from 23.8 million pairs in the same period a year ago, but average selling prices rose by ...
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Article
Karstadt’s future is uncertain
The management of Karstadt is going to review the details of a program intended to eliminate the losses of its 83 regular department stores , discussing it with its employees and their union representatives, until the next meeting of its new supervisory board on Oct. 23. Like other department ...
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Article
Rocket Internet launches a new Global Fashion Group
Rocket Internet , which is also based in Berlin, is set to be listed on the Entry Standard of the Frankfurt Stock Exchange before the end of this year. Reportedly, the company is planning to float initially between 10 and 15 percent of the capital, seeking a valuation of around ...
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News briefs
The Federation of the European Sporting Goods Industry (Fesi) is...
The Federation of the European Sporting Goods Industry (Fesi) is going to ask the European Union and the member governments to help fund national programs to encourage youth to practice sports along the lines of “Dote in Movimento,”a project that has been successfully led by the Italian sporting goods industry ...
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Article
New SGI Europe study examines the women’s market
Only 1% of German women prefer to undertake a sports activity with men. It is one of the most stunning results of a recent survey of 3,200 women who engage with sports in Germany. It was conducted online and in cooperation with Intersport Germany in early 2014. This and other ...
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News briefs
Epson is one of the latest entrants into the wearable...
Epson is one of the latest entrants into the wearable technologies category. Its new Runsense is a sports watch for hikers and runners that integrates an advanced GPS and a heart monitor. According to SAZ, it has already started to be offered to sports retailers in the German-speaking countries, with ...
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News briefs
Earlier, at a party in New York last June marking...
Earlier, at a party in New York last June marking its 70th anniversary, the Footwear Distributors and Retailers of America (FDRA), gratified Wolverine with an award for “Advocate of the Year.” The trade association also gave its Brand Focus award to one of Wolverine's brands, Merrell.
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News briefs
The U.S. overtook France during the past winter season as...
The U.S. overtook France during the past winter season as the leading destination for skiing. The number of days spent by skiers on its slopes reached 56.2 million, ahead of France with 55.3 million days and Austria with 50.8 million days. The number of skiing days fell in all three ...
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Short stops
As it has done with previous Olympic events, Technogym has...
As it has done with previous Olympic events, Technogym has signed an exclusive agreement with Rio 2016 to supply 1,000 pieces of equipment and install its Mywellness cloud digital platform to enable the athletes to exercise for the Games, connecting their personal training programs with the equipment or their mobile ...
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Article
Margins decline at Sports Direct
Sports Direct International has reported a 12.2 percent increase in group revenues for the 13 weeks ended July 27 to £711.2 million (€904.31m-$1,164.61m). The gross profit rose by 11.8 percent at group level at a slower rate of 11.8 percent, reaching £301.2 million (€383.01m-$493.28m). Operating results were ...
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News briefs
Deca International, the owner of GolfBuddy, has promoted Dick Gianferante,...
Deca International, the owner of GolfBuddy, has promoted Dick Gianferante, former director of sales and marketing at the company, to general manager. His new position will put him in charge of all U.S. sales, marketing and overall operations. Gianferante brings extensive golf experience and has dedicated the last 41 years ...
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News briefs
Eurosima will stage an interesting Surf Summit, organized in conjunction...
Eurosima will stage an interesting Surf Summit, organized in conjunction with Ispo, in the French resort of Seignosse on Oct. 2-3. On Friday, officials of NPD and Planet Sport, the German boardsports specialist, will analyze the development of the retail sector in Europe. Various speakers will address the female consumer. ...
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Article
Turnaround for Cisalfa
The return of the founder, Vincenzo Mancini , has had a beneficial effect on Cisalfa Sport , the leading Italian sporting goods retailing group, which has started to generate profits again while improving its sales in spite of strong competition from Décathlon in a declining market . Mancini had ...
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News briefs
Cold Mountain, a Chinese multi-brand retailer for surf and snowboard-related...
Cold Mountain, a Chinese multi-brand retailer for surf and snowboard-related items, has opened its flagship store in the youth-oriented Sanlitun Soho shopping center of Beijing. The retailer already has nine other stores in the country.
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News briefs
Ultrasonic, a Chinese company quoted on the Frankfurt Stock Exchange...
Ultrasonic, a Chinese company quoted on the Frankfurt Stock Exchange that makes sandals, slippers and shoe soles for Anta Sports Products and Xtep and runs 110 stores in China, is without its top managers, who have reportedly left the company with a lot of company money. The two managers, Quingyong ...
