All Sporting Goods Intelligence articles in Volume 26, Issue 21-22 – Page 3
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Article
Scott Sports buys Bergamont
Scott Sports has acquired Bergamont Fahrrad Vertrieb, a German bicycle company, which was divested by BMC Group Holding as part of a restructuring of its assets. BMC bought Bergamont in 2008 and Scott stated that the German group's sales had doubled since then.Scott Sports said the acquisition of the well-established ...
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News briefs
Zalando's listing on the Frankfurt Stock Exchange has been upgraded...
Zalando's listing on the Frankfurt Stock Exchange has been upgraded from the SDAX to the MDAX index of the 50 major German mid-cap companies. The market capitalization of the company has risen by 40 percent since it went public last October on the strength of its improved financial results.
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News briefs
Bushnell has become the official rangefinder of the Ladies European...
Bushnell has become the official rangefinder of the Ladies European Tour (LET). Bushnell Outdoor Products claims that its laser rangefinders have made it the most recognized brand in distance-measuring devices for golf. More than 300 women from 36 countries are expected to participate in at least 24 tournaments in 18 ...
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News briefs
Minerva, a Belgian bicycle manufacturer, was declared bankrupt on June...
Minerva, a Belgian bicycle manufacturer, was declared bankrupt on June 25 by a commercial court in Hasselt, Belgium. Employing 16 people, the company reportedly had an annual production of about 20,000 city and trekking bikes. Minerva is an established bicycle brand in Belgium and even more so in the province ...
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News briefs
Slazenger is to continue as official tennis ball supplier for...
Slazenger is to continue as official tennis ball supplier for the tennis championship at Wimbledon, extending its partnership for four years. It has already being going for 113 years, making it probably the longest-standing commercial partnership in sport. Slazenger is to provide canvas, umpire chairs, nets and tennis for the ...
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Short stops
New Balance will reportedly open a second shop in Barcelona...
New Balance will reportedly open a second shop in Barcelona
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Short stops
Smith Sports Optics has won a Red Dot Award for...
Smith Sports Optics has won a Red Dot Award for its new light and aerodynamic bike helmet, the Overtake
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News briefs
Creating a new position, Pentland Brands has appointed Dave Grange...
Creating a new position, Pentland Brands has appointed Dave Grange as president of its operations in North America. He previously ran its licensed Lacoste Footwear operation in North America.
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News briefs
Maier Sports Group, the German snow sports and outdoor apparel...
Maier Sports Group, the German snow sports and outdoor apparel brand, is to be taken over by Schwan-Stabilo, the German group that is already the owner of Deuter and Ortovox. Martin Riebel, chief executive at Deuter and Schwan-Stabilo Outdoor, said that Maier Sports neatly completed the group's offering in the ...
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News briefs
Columbia is putting its OutDry Extreme membrane technology into apparel...
Columbia is putting its OutDry Extreme membrane technology into apparel for the first time. The new technology, which will be incorporated in Columbia's clothing starting in spring 2016, is said to create an ideal balance of waterproofing and breathability. The material on the outside of the new line of clothing ...
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Article
Another buoyant year for Nike under Parker leadership
The news about the transition came just after Nike reported a sales hike of 10 percent to $30.6 billion for the full fiscal year up to the end of May. This was an increase of 14 percent in constant currencies and the group's profit expanded even faster – adding up ...
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News briefs
Reebok received two Silver Lions at the Annual Cannes Lions...
Reebok received two Silver Lions at the Annual Cannes Lions International advertising festival. The company bagged the awards in the Cyber category for the digital part of its Be More Human campaign, which was created in collaboration with Venables Bell & Partners in San Francisco. Reebok won the Silver Lions ...
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News briefs
Electric, which belongs to the Kering group, has announced that...
Electric, which belongs to the Kering group, has announced that Kip Arnette, one of its co-founders, is retiring after 15 years with the American brand of eyewear. Arnette founded Electric in 2000 together with Bruce Beach. The brand specializes in snow goggles and sunglasses, but offers also prescription eyewear. Arnette ...
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News briefs
PrimaLoft has announced the opening in June of its first...
PrimaLoft has announced the opening in June of its first wholly-owned subsidiary in Asia, and has hired Boris Lu as operations manager. The new office is located in Xiamen, China, a busy port city where the textile sector is well established, between the key destinations of Hong Kong and Shanghai. ...
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News briefs
Helly Hansen has announced a new outerwear and apparel partnership...
Helly Hansen has announced a new outerwear and apparel partnership with Alpine Canada Alpin (ACA), the national governing body for alpine, para-alpine and ski cross racing in Canada. Beginning July 2015, the apparel provider for ski professionals will outfit Canada's alpine and para-alpine ski teams, including alpine ski star Dustin ...
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News briefs
Anna-Lena Schulte-Angels has been appointed joint general manager of Sport...
Anna-Lena Schulte-Angels has been appointed joint general manager of Sport Voswinkel, the sporting goods retail chain controlled by Intersport Germany. She takes the place of Jochen Schnell, who has joined the executive board of the group. Schulte-Angels worked previously in leading positions at the cosmetics and jewelry chains of Douglas ...
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News briefs
Skechers USA has been upgraded by Standard & Poors Dow...
Skechers USA has been upgraded by Standard & Poors Dow Jones to its MidCap 400 Index. Meanwhile, financial analysts have been speculating that Nike and Adidas have been considering a takeover of the fast-growing American lifestyle and sports footwear brand. Apparently, there has been no expression of interest, though.
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News briefs
Fabian Engelhorn, who has been running the sports & leisure...
Fabian Engelhorn, who has been running the sports & leisure segment of the eponymous German department store operation, has become chief executive of the company, supervising all operations. Andreas Hilgenstock, who was in charge of fashion and general clothing, will concentrate on strategy and communication. Simon Engelhorn continues to take ...
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News briefs
The Bread & Butter trade show, which opened on July...
The Bread & Butter trade show, which opened on July 7 at the Tempelhof airport in Berlin, has become a shadow of its former self. About 200 companies are exhibiting at the show, most of them unknown labels with basic stands. Only few visitors found their way to the show, ...
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News briefs
Polartec and Pontetorto have announced an amicable settlement of a...
Polartec and Pontetorto have announced an amicable settlement of a lawsuit that the Italian company had filed in a German court over alleged infringement of certain intellectual property rights. The two companies say they have found more common ground than differences. They have decided to collaborate in order to develop ...
