All Sporting Goods Intelligence articles in Volume 25, Issue 30-31 – Page 4
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Article
Macron continues to grow across Europe
The Italian producer of team sports apparel based in Crespellano, near Bologna, has recently signed a series of new partnership deals with prestigious football clubs in Europe. On Aug. 26, Macron announced a new five-year agreement with Norwegian Tippeliga football club FK Haugesund, starting in 2015. Macron will be FK ...
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News briefs
Sport Danmark, the Danish retail group acquired by Nordic Capital...
Sport Danmark, the Danish retail group acquired by Nordic Capital Funds in 2012, has acquired a local online store for football products, Fodboldexperten.dk. Thomas Olsen, who ran the web store, will continue as a consultant to Sport-Master, the big Danish sporting goods retail chain that is also owned by Sport ...
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News briefs
Sport Achat, the French sporting goods trade show, and the...
Sport Achat, the French sporting goods trade show, and the new simultaneous Bike Expo welcomed a total of 1,823 visitors on Sept. 8 and 9. Out of them, 760 visited Bike Expo. The total attendance was 17 percent higher than a year ago. Sport Achat showcased 397 brands and Bike ...
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News briefs
Abhishek Ganguly has been appointed managing director of Puma India...
Abhishek Ganguly has been appointed managing director of Puma India and Puma South Asia, replacing Rajiv Mehta who has left the company, reportedly to pursue his own interests, particularly in the area of angel investing. Mehta, who is now 35, set up Puma's Indian operation in 2005 and, according to ...
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News briefs
Abacus Sportswear has appointed Anu Uus as its new chief...
Abacus Sportswear has appointed Anu Uus as its new chief financial officer. Uus brings over 15 years of experience gained in various senior management roles, including vice president of sales at SERC (Systems Engineering Research Corporation), based in the U.S. Silicon Valley, and chief financial officer at Sundquist Components, a ...
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News briefs
Intersport Sverige has acquired a controlling stake of 80 percent...
Intersport Sverige has acquired a controlling stake of 80 percent in Löplabbet, the big Swedish chain of running stores, with 13 doors in the country. Tom Kellheim, who has been with Löplabbet for 20 years, will keep the rest of the shares and will continue as its general manager. Reporting ...
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News briefs
SportScheck has opened its second store in Berlin, measuring 4,700...
SportScheck has opened its second store in Berlin, measuring 4,700 square meters and located in the central Leipziger Platz. The German sporting goods retailer has thus become the anchor tenant of the Mall of Berlin, which is supposed to become the largest shopping center in Europe, with a retail surface ...
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Short stops
361° International of China reports the closing of a placement...
361° International of China reports the closing of a placement of 1.5 million yuan renmimbi (€1.9m-$2.4m) worth of unsecured notes, maturing on Sept. 12, 2017 and carrying annual interest of 7.5%
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Short stops
Icon Health & Fitness has agreed to pay $3 million...
Icon Health & Fitness has agreed to pay $3 million to settle charges by the U.S. Federal Trade Commission that it violated a 1997 consent order to stop making claims that three minutes a day of exercising on its Pro-Form Glider would result in “significant” weight loss
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News briefs
After 260 years of exclusion, women will be allowed to...
After 260 years of exclusion, women will be allowed to join the Royal and Ancient Golf Club of St Andrews in Scotland after an overwhelming members' vote on Sept. 18 opened the doors to the famous St Andrews clubhouse. Helen Grant, Britain's Minister for Sport, was among the first to ...
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Short stops
Iceabreaker is planning to launch two global campaigns in 2015...
Iceabreaker is planning to launch two global campaigns in 2015 with the help of a Kiwi advertising agency, DDB New Zealand
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Article
Lululemon wants 20 stores in Europe
Lululemon said wants to open 20 stores in Europe and 20 in Asia by the end of 2017. Its second store in London is opening in December this year. Prior to the retail roll-out, the Canadian apparel brand is setting up an international network of showrooms. It will continue to ...
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News briefs
A group of 18 German and Swiss shoe retailers affiliated...
A group of 18 German and Swiss shoe retailers affiliated with ANWR has won the first round in its campaign to cancel the already completed takeover by the cooperative of a big German shoe and sporting goods retail chain, Schuh Mücke. It has received the support of 178 retail members, ...
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News briefs
Pittards' sales declined by 5.4 percent to £17.4 million (€22.2m-$28.5m)...
Pittards' sales declined by 5.4 percent to £17.4 million (€22.2m-$28.5m) in the first half of this year, ended June 30, but the management indicated that they were up slightly in terms of local currencies. Pre-tax earnings dropped to around £300,000 (€381.36m-$491.70m) from £1 million in the same period a year ago.
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Article
Timberland eyes 13% growth annually
Timberland laid out a five-year development plan last weel that calls for a compound annual growth rate (CAGR) of 13 percent for the brand, acquired by VF Corp. three years ago, with increases of 12 percent for footwear and 14 percent for apparel. At this rate, Timberland's annual revenues would ...
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News briefs
Intersport France has reported a 10 percent increase in the...
Intersport France has reported a 10 percent increase in the revenues of its retail members for the first half of 2014, including a 5 percent increase on a same-store basis. The momentum is expected to continue throughout the calendar year, depending on the weather, leading to a total retail turnover ...
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News briefs
Décathlon is said to be planning to open a 4,000-square-meter...
Décathlon is said to be planning to open a 4,000-square-meter store in the Wandsbek district of Hamburg at the beginning of 2016. It would be its 25th store in Germany after two other stores due to be opened shortly in Mannheim and Hückelhoven. Meanwhile, local planning authorities have reportedly denied ...
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Article
European consumption of sporting goods falls by 0.9%
The consumption of sporting goods declined by 0.9 percent in 2013 in Western Europe in terms of local currencies, based on our annual, exclusive analysis of the evolution of sports retailing in 15 major countries. In terms of euros, it declined by 1.7 percent to €54.0 billion including sales taxes.Unseasonable ...
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News briefs
Puma has confirmed the acquisition of a 5.0 percent stake...
Puma has confirmed the acquisition of a 5.0 percent stake in Borussia Dortmund, underpinning its strategic partnership with this major German football team, which began in July 2012. Meanwhile, a high-level source at Kering, the French-based group that controls the German sports brand, denies a rumor that it is exploring ...
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