All Sporting Goods Intelligence articles in Volume 25, Issue 32-33
View all stories from this issue.
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Article
New owners for North Sails
Oakley Capital Private Equity, a U.K.-based equity fund that has nothing to do with the brand of sunglasses by the same name, has acquired Tomasoni Topsail through its subsidiary North Technology Group, which holds the rights to the North Sails brand. Tomasoni holds the exclusive license to manufacture and distribute ...
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Article
Nike surprises the market with a strong quarter
Nike 's share price shot up by 12.23 percent to an all-time high of $84 a share after the company reported a very strong first quarter and upgraded its outlook for the full financial year. Sales increased by 15 percent in dollars as well as in local currencies during the ...
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News briefs
Volcom has opened a store in Stuttgart, its third one...
Volcom has opened a store in Stuttgart, its third one in Germany. The surf and skate brand, which is owned by the Kering group, has already opened four new stores in France since the beginning of this year. It now has 15 physical stores in Europe, the same as in ...
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Article
Hugelmeyer leaves the helm of the OIA
Frank Hugelmeyer , who has brilliantly led and developed the Outdoor Industry Association (OIA) for 14 years, announced on Sept. 30 his decision to step down as president and chief executive of the powerful American organization . Hugelmeyer's resignation became effective on Oct. 3. The association said it would ...
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News briefs
The Norwegian sporting goods industry may be heading for a...
The Norwegian sporting goods industry may be heading for a very good year. According to the national sporting goods industry association, Sportsbransjen, the figures for the first half of 2014 show solid growth compared with the previous year. Despite a bad winter with a slight sales decline, spring sales were ...
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Article
XXL has gone public
XXL, the big and fast-growing Nordic sports retailer based in Norway, which has been renamed as XXL ASA, has gone public as planned. On Oct. 3, the shares were floated on the Oslo Stock Exchange with an introductory price of 58 Norwegian kroner, giving the company a market capitalization of ...
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Article
Netshoes may go public
Netshoes , a Brazilian-based online retailer that has become the world's largest pure e-tailer in the sporting goods sector, is said to be contemplating a public offering , in the wake of other more generalist e-tailers such as Zalando and Alibaba. According to Reuters, Netshoes has been generating an operating ...
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News briefs
In a further innovative initiative, Patagonia has launched a new...
In a further innovative initiative, Patagonia has launched a new temperature regulation technology that uses a proprietary element for extra stability against fiber migration. It is described as a multi-denier synthetic insulation, called FullRange, that is made up of different types of polyester fiber. It has been developed by Toray ...
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Short stops
As planned, Stadium has opened its first store in Germany,...
As planned, Stadium has opened its first store in Germany, measuring 1,800 square meters and located on Hamburg's high-end Mönckebergstrasse
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has hired Dhyana van der Pols for the newly-created role of head of textile innovation and manufacturing, effective Sept. 1. Van der Pols will be responsible for creating WFSGI's competence center on textile intelligence and for providing WFSGI members with in-depth ...
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News briefs
The French sporting goods industry federation, Fifas, and the French...
The French sporting goods industry federation, Fifas, and the French Cycling Council have appointed a new executive director, Virgile Caillet, to take the place of Catherine Trachtenberg who has held the job for 11 years. She will leave at the end of this year to ensure a smooth transition. The ...
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Short stops
Element plans to open a flagship store in London in...
Element plans to open a flagship store in London in December
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Article
Head makes a new effort to go private
This time, the efforts of its major shareholder, Johan Eliasch , may finally pay off, after repeated conditional tender offers for the shares held in Head by other investors. The company announced on Oct. 9 an unconditional offer to buy back its shares by Oct. 31 at the latest ...
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News briefs
The recent edition of the Nordic Golf Fair, held in...
The recent edition of the Nordic Golf Fair, held in Malmö on Oct. 1-3, was attended by more than 1,200 visitors. Around 70 percent came from Sweden and just over 15 percent from the other Nordic countries. A total of 70 companies exhibited at the show, representing more than 200 ...
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Article
Mizuno goes more direct in Europe
Mizuno has announced the establishment of a subsidiary in Norway for all the Nordic markets. The new company, Mizuno Norge , will take over the Japanese brand's business in Norway as of next April 1 from Scantrade , which has been its distributor in the country for 18 ...
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Short stops
Globetrotter and Volcom have opened stores of very different sizes...
Globetrotter and Volcom have opened stores of very different sizes in Stuttgart, Germany (more on Globetrotter in the Outdoor Industry Compass)
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News briefs
Décathlon is still the favorite sports retailer of French people,...
Décathlon is still the favorite sports retailer of French people, according to a recent survey by OC C, a management consulting firm. The survey, in its fifth year, was conducted on around 6,000 people in June-July 2014. Among sports retailers, Décathlon ranked ahead of both Intersport and the duo Go ...
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Short stops
Décathlon is planning to open small stores in the U.K....
Décathlon is planning to open small stores in the U.K. with click-and-collect points, according to Retail Week
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Article
Sports Direct invests in Tesco and Debenhams
Sports Direct International has reinforced its relationships with these two U.K.-based retailers with new put options that give Goldman Sachs the right to sell shares to SDI in them if their share price falls below certain levels. SDI is already working with both of them through concessions ...
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Short stops
Puma has signed a licensing deal with L'Oréal for personal...
Puma has signed a licensing deal with L'Oréal for personal care items, taking the place of Procter & Gamble from next January
