All Sporting Goods Intelligence articles in Volume 25, Issue 38-39 – Page 5
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News briefs
One Way Sport has signed a long-term agreement with the...
One Way Sport has signed a long-term agreement with the Chinese Ski Association, for all Nordic disciplines and biathlon, as exclusive partner and official supplier for textiles and additional ski equipment. All Nordic teams will use the products of the Finnish brand starting from the 2014/2015 season.
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Fletchers Sports Brands has renamed itself as Sunice after its...
Fletchers Sports Brands has renamed itself as Sunice after its main product line, and will launch a new website and corporate identity early next year
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After launching Shoes-Contacts, Mickey Plank, the founder of the Sports-Contacts...
After launching Shoes-Contacts, Mickey Plank, the founder of the Sports-Contacts recruitment agency, has launched a new international matchmaking platform for the fashion industry, called Textiles-Contacts
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Article
Adidas wins a round in knit patent fight
Adidas has won at least the first round of its battle against Nike on the issue of labor-saving knitting technologies for footwear uppers. The Federal Patent Court in Munich has ruled that the European patent filed by the Swoosh on knitting technology for footwear uppers used in its Flyknit range ...
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Article
Two important nominations at Adidas
John Paul O'Meara, 36, has been appointed to the new position of senior vice president for strategy of the Adidas brand. He has been vice president of investor relations for the Adidas Group since October 2006. He worked briefly in 1999 at JP Morgan as corporate actions specialist, before serving ...
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News briefs
Adidas and other sponsors of the Olympic Games have expressed...
Adidas and other sponsors of the Olympic Games have expressed their dismay about new allegations of corruption in the decision-making process at Fifa for choosing the country to host the World Cup. Sony has decided to stop endorsing the event after the recent pullout of Emirates Airlines. Meanwhile, Fifa has ...
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Article
VF achieves best score in Climate Change Report
VF Corp. has announced that it achieved its highest-ever score - 90 out of 100 - in the 2014 Standard & Poor's 500 Climate Change Report by the Carbon Disclosure Project (CDP). The CDP is a non-profit organization, which provides companies and cities with a global system to measure, manage, ...
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News briefs
Electric, the American brand of sunglasses and accessories owned by...
Electric, the American brand of sunglasses and accessories owned by the French Kering group through Volcom, has extended its e-commerce operations from the U.S. and Canada to a first series of European countries: France, Germany, the U.K., Spain, Italy, Belgium and Austria. The 14-year-old brand, which is based in California, ...
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News briefs
Accell Group has announced that it is in talks to...
Accell Group has announced that it is in talks to buy Cycle Service Nordic, a Danish distributor of bike parts and accessories. The expected takeover would further strengthen Accell's position in the Nordic countries, where it already owns Tunturi-Hellberg in Finland. Cycle Service Nordic, with an annual turnover of around ...
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Accell Group is forecasting significantly higher net income for this...
Accell Group is forecasting significantly higher net income for this year, due in part to stronger organic growth in the second half, with less prior-year inventory to sell at a discount
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News briefs
New Wave Group raised its sales by 8 percent to...
New Wave Group raised its sales by 8 percent to 1.12 billion Swedish kronor (€120.4m-$148.9m) in the third quarter. Operating earnings rose to SEK 92.8 million (€10.0m-$12.3m) from SEK 95.7 million a year ago, and the net profit increased to SEK 57.8 million (€6.2m-$7.7m) from SEK 66.9 million. Sales in the Sports & ...
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News briefs
Björn Borg reports a 55 percent increase in net earnings...
Björn Borg reports a 55 percent increase in net earnings to 24 million Swedish kronor (€2.6m-$3.2m) in the third quarter, thanks to an improved gross margin of 52.4 percent, cost controls and discontinuing its Chinese operations. Sales increased by only 2 percent to SEK 163.7 million (€17.7m-$21.7m), but the Swedish underwear ...
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News briefs
Chris Ronnie, the 52-year-old British manager who led the now-defunct...
Chris Ronnie, the 52-year-old British manager who led the now-defunct JJB Sports chain of sporting goods stores between August 2007 and March 2009, is facing a possible jail sentence along with two accomplices on Dec. 12. After an eight-week trial, a jury convicted Ronnie of receiving fraudulent payments of more ...
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News briefs
Total sales of sporting goods increased in Norway by 5...
Total sales of sporting goods increased in Norway by 5 percent in the first nine months of 2014, according to the local industry association, Sportsbransjen, which is predicting a record year for the sector. Year-on-year, sales declined slightly in the first quarter, but they were relatively good in the second ...
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News briefs
Oakley is celebrating its 40th anniversary with the launch of...
Oakley is celebrating its 40th anniversary with the launch of a limited-edition book. Published by Assouline, a global luxury publisher based in New York City, the book is entitled Oakley, showcasing the brand's story while highlighting its disruptive design and industry innovation. The 220-page hard-cover volume is in a black ...
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ATK has set a new date of Jan. 27, 2015...
ATK has set a new date of Jan. 27, 2015 for shareholders to meet and vote on proposals to spin off its sporting goods business, including Bushnell, and to merge the rest of the group with Orbital Sciences
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News briefs
Fila Korea turned around to a net profit of 20,984...
Fila Korea turned around to a net profit of 20,984 billion Korean won (€15.3m-$18.9m) in the third quarter ended Sept. 30 from a loss of KRW 8,346 billion in the same period a year ago. Revenues increased by 6 percent to KRW189,347 billion (€137.8m-$169.7m), but the gross margin declined slightly ...
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News briefs
Amer Sports signed on Dec. 2 an agreement for a...
Amer Sports signed on Dec. 2 an agreement for a €150 million syndicated revolving credit facility for the next five years. Negotiated at favorable terms, it will be used for general corporate purposes including the refinancing of a €200 million syndicated loan obtained in 2011, which has now been terminated ...
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News briefs
Macron and TSV München 1860 have signed a new technical...
Macron and TSV München 1860 have signed a new technical partnership agreement. The Bavarian football team will be sponsored by Macron for five years starting from the upcoming season 2015-2016. The Italian teamwear brand said this partnership is particularly important as it enables the company to enter into the growing ...
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News briefs
Amer Sports will have 260 mono-brand stores, 150 partner stores...
Amer Sports will have 260 mono-brand stores, 150 partner stores and 62 e-commerce sites in operation around the world by the end of the year. Salomon will have the biggest presence at the direct-to-consumer level with 196 branded stores and 29 web stores. It opened its first virtual store in ...
