All Sporting Goods Intelligence articles in Volume 25, Issue 34-35 – Page 4
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News briefs
Poc has announced that its North American office will relocate...
Poc has announced that its North American office will relocate to Park City, Utah from Aspen, Colorado in early November. The Swedish action sport brand, recently acquired by Black Diamond, said the region is a hotbed for outdoor professionals and benefits from a major transport hub in Salt Lake City, ...
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Article
Amer improves, generally
The sales and profit picture was mixed at Amer Sports across the brands and the regions in the third quarter ended on Sept. 30. Overall, the group booked a 6.1 percent sales increase to €645.8 million for the period, or by 6.0 percent in local currencies, but net earnings slid ...
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Article
New heads for Karstadt and Kaufhof ahead of a possible merger
Both of the major German department store chains have come under new management, fueling long-standing speculation that they may at some point come under joint ownership. Exploratory talks have already started, according to Metro Group, which owns Kaufhof. Both chains are heavily involved in the sporting goods sector.There is speculation ...
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News briefs
Gaastra International Sportswear has signed a European licensing agreement for...
Gaastra International Sportswear has signed a European licensing agreement for its footwear with the Newport Footwear subsidiary of another Dutch company, Star Collections, which will start taking care of deliveries from next spring. Gaastra was previously developing and distribution its footwear on its own. Separately, Gaastra has signed up with ...
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News briefs
After Zara and H&M, another big low-cost fashion retail chain,...
After Zara and H&M, another big low-cost fashion retail chain, Topshop, is planning to launch a sports and leisurewear line, called Parkwood Topshop Athletic, in a joint venture with Beyoncé Knowles-Carter, the American musician, singer and actress, and her company, Parkwood Entertainment. The line will consist of clothing and footwear ...
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News briefs
Nike plans to drop out of snowboarding and free-skiing after...
Nike plans to drop out of snowboarding and free-skiing after the holiday 2014 collection to concentrate on the growing skateboarding segment in action sports. The company will continue to honor sponsorship deals with athletes in these domains until the end of their contracts.
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Article
Is Adidas going to sell Reebok?
The Adidas Group is already considering the sale of Rockport, as we have previously reported, and according to Footwear News, a candidate for the acquisition could be New Balance. The German group may now be faced with the dilemma of whether it should also divest the Reebok brand. According to ...
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News briefs
GoPro is considering legal action against a French journalist, Jean-Louis...
GoPro is considering legal action against a French journalist, Jean-Louis Moncet, who quoted the son of Michael Schumacher during a radio broadcast as saying that the head injury his father suffered in a ski accident in the Alps last December was aggravated by a GoPro action camera mounted on the ...
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News briefs
Maier Sports, the German sports apparel firm acquired by the...
Maier Sports, the German sports apparel firm acquired by the Findors Investor equity firm in August 2011, reports another increase in pre-orders for the coming spring/summer season. Pre-orders for spring/summer 2014 went up by 29 percent as compared to the previous year and for spring/summer 2015 they have increased once ...
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News briefs
Golf numbers in the U.K. are on the rise. According...
Golf numbers in the U.K. are on the rise. According to Sports Marketing Surveys (SMS), the number of golf rounds played in the country in the third quarter of 2014 were up by 5.3 percent compared with the same quarter in 2013. The increase, as described in the latest edition ...
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News briefs
Hoka One One, which is now sold in about two-thirds...
Hoka One One, which is now sold in about two-thirds of the American specialty running shops, has developed new products for the major generalist sporting goods retailers in the U.S., with tests planned at The Sports Authority, Foot Locker and other chain next spring. They will probably be offered in ...
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News briefs
Sports Direct is expected to provide more information about its...
Sports Direct is expected to provide more information about its “zero-hours contracts” after settling a legal battle with an employee, Zahera Gabriel-Abraham, who complained about sex discrimination, unfair treatment and breach of holiday rights. The British retailer said the settlement did not imply an admission of liability. However, Sports Direct ...
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News briefs
The Norwegian sporting goods industry association, Sportsbransjen, is concerned about...
The Norwegian sporting goods industry association, Sportsbransjen, is concerned about a proposal by the Norwegian government in the state budget to raise the VAT limit for purchases on international websites from 200 Norwegian kroner to NOK 500 (€59-$75). Sportsbransjen and many others in the Norwegian retail community have warned repeatedly ...
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News briefs
Briko's helmet Vulcano 6.8, one of Ispo's award winners for...
Briko's helmet Vulcano 6.8, one of Ispo's award winners for this year, has been selected for publication in the 2014 edition of the ADI Design Index, the annual publication showcasing the best of Italian design, as selected by ADI's permanent Observatory. ADI is the Italian Association for Industrial Design. Founded ...
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News briefs
Patrik Frisk, 51, has left VF Corporation to become the...
Patrik Frisk, 51, has left VF Corporation to become the new chief executive of the Aldo Group, a big international, Montreal-based chain of more than 1,700 corporate and franchised shoe shops, according to various reports. A former manager of Peak Performance and W.L. Gore & Associates, Frisk joined VF in ...
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News briefs
Bert van der Velden, 45, is taking the place of...
Bert van der Velden, 45, is taking the place of Hans-Martin Reh as sales and marketing director of Kettler in the sports, cycling and garden furniture segments. He remains responsible for product management and retail. As previously reported, Reh left the German company last spring to go back to Wilson.
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Article
Garmin is up 43% in fitness
Garmin saw revenues grow by 10 percent to $706 million in the third quarter ended Sept. 30, with double-digit increases in four of five reporting segments, led by the Fitness sector. The gross margin increased to 56 percent from 55 percent in the quarter of the previous year. Operating income ...
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Article
Go Sport reports 6.4% higher sales
Groupe Go Sport, which is in line to exit the French Bourse, continued to gain some ground in the third quarter ended Sept. 30. Its sales increased by 5.1 percent to €171.5 million during the period, despite a 1.4 percent drop in Poland, down to €13.8 million. The Go Sport ...
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Article
Crocs’ sales go up by 4.8% in the quarter
Crocs reported a 4.8 percent revenue increase in the third quarter ended Sept. 30, to $302.4 million, in line with guidance of $300 million to $305 million. On a constant-currency basis, sales went up by 5.4 percent. They were driven by strong revenue growth in Europe, particularly in the wholesale ...
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News briefs
There was a 7.4 percent increase to $87.60 billion in...
There was a 7.4 percent increase to $87.60 billion in the sales of the major sporting goods retailers around the world in 2014. These figures were reported in our Global Retail Chart on page 3 of the last issue of Sporting Goods Intelligence Europe but this was not accurately reflected ...
