All Sporting Goods Intelligence articles in Volume 26, Issue 23-24
View all stories from this issue.
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News briefs
Quiksilver may lose its listing on the New York Stock...
Quiksilver may lose its listing on the New York Stock Exchange (NYSE) unless it manages to lift its share price in the next six months or by its next annual meeting. The group says it was notified by NYSE on July 10 that it no longer complies with a requirement ...
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Article
Matalan pulling out of Intersport Sporting Pro
Intersport Sporting Pro, the partnership between Matalan and Intersport U.K., is to be terminated just two years after its managers outlined plans to open 100 stores in five years. Six of the 15 stores are to be taken over by DW Sports , another partner of Intersport ...
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News briefs
The Premium Group, which organizes the Premium and Seek trade...
The Premium Group, which organizes the Premium and Seek trade shows in Berlin, has acquired Bright, the streetwear and action sports fair run simultaneously in the German capital. Bright's two founders, Marco Aslim and Thomas Martini, have sold their shares but will continue to work as managing directors of the ...
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Article
Gains in hockey and lacrosse at PSG
Performance Sports Group (PSG), the company behind the Bauer and Easton brands, should achieve a sales increase of about 47 percent to $654.0 million for the fiscal year until the end of May, based on preliminary figures. This amounts to a rise of 51 percent in constant ...
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Article
Intersport Germany’s sales fueled by outdoor
At the OutDoor show in Friedrichshafen last week, Kim Roether and Jochen Schnell, chairman and member of the executive board of Intersport Germany, respectively, gave an insight on the evolution of the buying group in the first half of 2015. Compared with the previous year, the affiliated retailers improved their ...
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News briefs
Yue Yuen Industrial, the leading footwear maker, reports that its...
Yue Yuen Industrial, the leading footwear maker, reports that its consolidated operating revenue for June 2015 amounted to $752,391, which was an increase of 4.7 percent compared with the same month last year. For the first six months of the year, this revenue reached $4,248.2 million, up by 7.4 percent ...
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News briefs
Garmin's first generation of SideVü sonar products infringes a patent...
Garmin's first generation of SideVü sonar products infringes a patent on a Johnson Outdoors side scan sonar used in certain Humminbird fishfinders, according to an initial determination by an administrative law judge at the International Trade Commission (ITC). The ruling is subject to review by the ITC. The judge determined ...
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Article
Fesi prepares House of Sport opening
The Federation of the European Sporting Goods Industry (Fesi) is preparing for the opening of the House of Sport, which will take place in the middle of the European Week of Sport and bring together several sports-related associations in the same office in Brussels. Fesi has been closely associated from ...
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News briefs
Jason Whitson and Tommy Fad, the founders of Gritness, have...
Jason Whitson and Tommy Fad, the founders of Gritness, have confirmed on their own website that their search engine for group fitness activities has been sold to Under Armour (UA). The idea behind Gritness, launched in June 2013 in Austin, Texas, was to stimulate group fitness by creating a digital ...
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News briefs
John Jansen, who runs Keen Footwear's European operations, was voted...
John Jansen, who runs Keen Footwear's European operations, was voted in as the new president of the European Outdoor Group (EOG) at the OutDoor show in Friedrichshafen last week, taking the place of Rolf Schmid, president of the Mammut Sports Group. The EOG will also have a new vice president, ...
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News briefs
The OutDoor trade show in Friedrichshafen ended last Saturday with...
The OutDoor trade show in Friedrichshafen ended last Saturday with a small drop in the number of visitors to 21,912, but there was higher international attendance, notably from France, the U.K. and non-European countries such as China and Australia. Meanwhile, the European Outdoor Group is weighing the proposals made by ...
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Article
NPD sees European growth slowing down
The consumption of sports shoes and clothing last year enjoyed the fastest growth rate since 2009 in the five major European countries, according to the NPD Group . After declining in 2013, the apparel market recovered in 2014, rising by 2.1 percent, but the footwear category grew at a much ...
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News briefs
Merrell, which had double-digit growth in the European outdoor sector...
Merrell, which had double-digit growth in the European outdoor sector last year, is going to invest a seven-digit figure in marketing in the region during the spring/summer 2016 season, with a doubling in the consumer spend. It will concentrate on an advertising campaign around the tagline “Do What's Natural,” which ...
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News briefs
Toyota has reportedly developed a skateboard that floats in the...
Toyota has reportedly developed a skateboard that floats in the air, like the one used by Marty McFly in the pioneering “Return to the Future” movie. Its “hoverboard” is powered by magnetic levitation through a combination of permanent magnets and supraconductors cooled down by liquid azote. It's a concept model ...
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News briefs
Sportex, the trade fair for the Danish sports industry, which...
Sportex, the trade fair for the Danish sports industry, which was scheduled for the second week of August in Velje, has been cancelled due to a sharp drop in the number of registered exhibitors. Among the reasons behind this decline is the decision by Intersport Danmark to organize its own ...
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News briefs
Wolverine Worldwide has raised its senior secured credit facility by...
Wolverine Worldwide has raised its senior secured credit facility by $300 million to $950 million, comprising a term loan of $450 million and a $500 million revolving credit. The new credit agreement negotiated with company's lenders also extends the maturity date of the facility. It lowers the cost of servicing ...
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Short stops
Itochu Corp. is expected to taken on the distribution of...
Itochu Corp. is expected to taken on the distribution of K-Swiss in Japan
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News briefs
CORRECTION: Contrary to what we published in the last issue,...
CORRECTION: Contrary to what we published in the last issue, Tecnica Group has not yet completed its planned divestiture of Dolomite. We should have mentioned that: Tecnica owns also the Moon Boot brand; that it controls Lowa, with a share of 60 percent; and that the family of Giancarlo and ...
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News briefs
Decathlon has signed two contracts with the Goodman group for...
Decathlon has signed two contracts with the Goodman group for the installation of two new logistic platforms in China. One will be established in the Goodman Hannan Logistics Park at Wuhan, in Hubei province, and will have a surface of 85,000 square meters. The other one will measure 72,000 m² ...
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News briefs
Decathlon is continuing its Swedish initiative with a new store...
Decathlon is continuing its Swedish initiative with a new store that will be opened in 2016 in the suburbs of Stockholm. Decathlon entered the Swedish market in 2011 with its first store in Stockholm. In 2013, it opened store number two with a product ranged adapted to the Swedish market. ...
