All Sporting Goods Intelligence articles in Volume 26, Issue 21-22 – Page 2
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Short stops
Nike's largest store in India to date has opened on...
Nike's largest store in India to date has opened on 7,355 square feet of space in Bengaluru
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Short stops
Falke says it has registered more customers than expected...
Falke says it has registered more customers than expected on its new B2B internet portal, which is designed to speed up deliveries and reorders, among other services
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News briefs
Puma will come out next year with a new line...
Puma will come out next year with a new line of distinctive and functional sunglasses and other eyewear products that will include specific models for running and golf. They are being developed through a new partnership with Kering Eyewear, a new subsidiary of the eponymous French group that owns the ...
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News briefs
A diversified Chinese group, Dalian Wanda Group Co., has closed...
A diversified Chinese group, Dalian Wanda Group Co., has closed the transaction for its planned acquisition of a majority stake in Infronts Sports & Media, the Swiss-based international sports marketing agency run by Philippe Blatter, from the Bridgepoint private equity group. The transaction is valued at about €1.05 billion.
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News briefs
Jin-Goon Kim, the former interim chief executive at Li-Ning, resigned...
Jin-Goon Kim, the former interim chief executive at Li-Ning, resigned as executive director and executive vice-chairman last week, marking his complete departure from the Chinese sportswear company. Li-Ning said he was leaving to pursue other business commitments. Kim was installed at Li-Ning from July 2012 by Texas Pacific Group (TPG), ...
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Article
Ispo Shanghai’s premiere reflects a changing market
The Ispo Shanghai show celebrated a relatively successful premiere on July 2-4, welcoming a total of nearly 19,000 visitors. The fair was bigger than originally planned, with 354 exhibitors offering 473 brands to retailers in the Asia-Pacific region in general and in China in particular. Many visitors appreciated the variety ...
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Article
Management changes at Lacoste
Lacoste has appointed Joëlle Grunberg, its France managing director, as its new chief executive for North America, which is an important market for the French brand. She replaces Francis Pierrel, who has just left the brand. Grunberg's successor in France has not yet officially been named and Didier Lalance, executive ...
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Article
Knight to step down as Nike chairman
Phil Knight is to step down as chairman of Nike next year. The founder of the Swoosh has recommended a handover to Mark Parker, who has been the company's chief executive for the last nine years. The move constitutes the groundwork for a major transition that involves a reshuffle in ...
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News briefs
Peter Cowgill, executive chairman of JD Sports Fashion, is reported...
Peter Cowgill, executive chairman of JD Sports Fashion, is reported to have said that he would like to see its format rolled out in every major European city. Apparently he made the statement when opening a new 34,500-square-meter flagship store for JD at 201-203, Oxford Street in London. It is ...
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News briefs
Himaraya, the large Japanese sporting goods retail chain, reports a...
Himaraya, the large Japanese sporting goods retail chain, reports a 52 percent increase in net income to 637 million yen (€4.7m-$5.2m) for the third quarter ended May 31 on 7 percent higher revenues of ¥20.23 billion (€150.6m-$166.4m). The gross margin inflated by 1.6 percentage points to 38.0 percent for the ...
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News briefs
The flagship store of the Galeries Lafayette department store chain...
The flagship store of the Galeries Lafayette department store chain in Paris presented the new American Hickies lacing system with a dedicated fitting station last month as an eye-catcher for the inauguration of its new sneaker section. The system has also been adopted by the Intersport voluntary group in Germany, ...
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Article
New CEO for Odlo
Christophe Bézu, who earned his stripes in the sports industry as a gutsy international executive at the Adidas Group, is taking over from Jonas Ottosson as chief executive at Odlo. The Frenchman started leading the Swiss-based underwear specialist at the end of last month, as part of a wider reshuffle ...
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News briefs
Dwight Howard, the star center of the Houston Rockets, is...
Dwight Howard, the star center of the Houston Rockets, is reportedly switching to Peak Sport, the Chinese sports brand, after an endorsement agreement of about a decade with Adidas. Peak Sport has built its brand recognition around basketball, investing in sponsorship deals with players such as Tony Parker, George Hill ...
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News briefs
Burton Snowboards reported late last month that its founder and...
Burton Snowboards reported late last month that its founder and chairman, Jake Burton, is expected to make a full recovery in the next few months, after undergoing treatment for a very dangerous and rare disease. He spent nearly two months on full life support at a hospital for a case ...
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Article
Brazilian online sports retailer changes hands
Global Fashion Group (GFG), the multi-banner online retailer supported by Rocket Internet and Kinnevik, has signed agreements for the acquisition of two Brazilian online retailers, Kanui and Tricae, with a total turnover of around €30 million.Founded in 2011, Kanui is a surf and skate online shop that generated sales of ...
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Short stops
Munich, the Spanish brand of sneakers, plans to open seven...
Munich, the Spanish brand of sneakers, plans to open seven stores in China this year
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News briefs
O'Neill is the first surf brand working with Parley for...
O'Neill is the first surf brand working with Parley for the Oceans. Its spring/summer 2015 collection features T-shirts, shorts and other garments made from fabric derived from recycled plastic found in the sea. They are slightly more expensive than regular models. G-Star and Adidas have partnered with Parley, too.
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Article
Bogner is no longer for sale
Oliver Pabst, who had been working for Bogner as managing director in charge of sales and marketing for nine years, decided to leave shortly after Willy Bogner announced that he was halting the sale process for his family-owned company. The 73-year-old patriarch did not give any reason for his abrupt ...
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Article
Black Crows raises money in expanding freeride market
Black Crows, the French freeride skiing brand, has raised €3 million to accelerate its expansion, as this category of the ski equipment business is drawing increased investment and expanding across international markets.Based in Chamonix, Black Crows is among the most prominent brands in the freeride market, with a distinctive chevron ...
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Short stops
Bill Bird, former chief financial officer of Srixon Cleveland Golf...
Bill Bird, former chief financial officer of Srixon Cleveland Golf XXIO USA, its interim president since March and board member, has been appointed president of the organization
