All Sporting Goods Intelligence articles in Volume 26, Issue 23-24 – Page 4
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News briefs
Aku, Asolo, Garmont and Viking have adopted W.L. Gore's new...
Aku, Asolo, Garmont and Viking have adopted W.L. Gore's new Surround waterproof/breathable technology for the first time, incorporating it into their spring/summer 2016 lines. They are joining 25 other international sports and outdoor brands that have already started using Gore-Tex Surround, excluding some Asian brands. Furthermore, Meindl has come out ...
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Article
German buying groups oppose Adidas‘s new payment terms
Adidas is trying to implement new payment terms on its retail customers in Germany – and the local buying groups are not pleased. Both Intersport and Sport 2000 have been negotiating with their top supplier who aims to reduce the traditional cashback discount granted to early payers to only 1 ...
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Short stops
Hurley, the action sports brand owned by Nike, has opened...
Hurley, the action sports brand owned by Nike, has opened a store in the French surf town of Hossegor
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News briefs
Brunswick Corp., the parent company of Life Fitness, has acquired...
Brunswick Corp., the parent company of Life Fitness, has acquired Scifit Systems and added it to its Life Fitness division. The financial terms of the transaction were not disclosed. Scifit, based in Tulsa, Oklahoma, has a line of fitness equipment designed to meet the needs of senior citizens and patients ...
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News briefs
According to the Oregonian, Adidas is considering the establishment of...
According to the Oregonian, Adidas is considering the establishment of a factory in Detroit to make sneakers for the North American market. The rumor, which could not be confirmed, follows a statement by Nike that it would create 10,000 jobs in the U.S. if the Trans-Pacific Partnership with Vietnam and ...
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Article
Wolverine accelerates
Wolverine Worldwide's consolidated revenues grew by 2.7 percent to $630.1 million for the second quarter ended June 20, with a 4.9 percent increase on a currency-neutral basis. They actually went up by 6.9 percent without including the discontinued line of Patagonia footwear and sales at the corporate stores that have ...
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News briefs
Nike has appointed Chris Abston as vice president and corporate...
Nike has appointed Chris Abston as vice president and corporate controller, to become the company's principal accounting officer from the start of August. Abston joins from Wal-Mart Stores, where he held top accounting and controlling jobs for the last six years, after 25 years in public accounting with Ernst & ...
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News briefs
GoPro has reported on another big jump of 71.7 percent...
GoPro has reported on another big jump of 71.7 percent to $414.9 million in its revenues during the second quarter ended June 30. Sales outside the U.S. represented more than 50 percent of the total turnover during the quarter, as combined sales in Europe, the Middle East and Africa (EMEA) ...
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News briefs
Thierry Lavigne, a 46-year-old sporting goods retailer who operates five...
Thierry Lavigne, a 46-year-old sporting goods retailer who operates five stores in the region of Bordeaux, has been elected as the new president of the cooperative of independents affiliated with Sport 2000 in France, replacing Yannick Morat. He will work with Christophe Mostaert, the new general manager appointed by Activa ...
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Short stops
Sandrine Conseiller, 43, has been hired by Lacoste to lead...
Sandrine Conseiller, 43, has been hired by Lacoste to lead its marketing and branding operations after 19 years with Unilever, most recently as vice president of its personal care division, with global responsibilities
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News briefs
361 Degrees, the Chinese sportswear brand, reports that the comparable...
361 Degrees, the Chinese sportswear brand, reports that the comparable store sales of its franchisees advanced by 7.2 percent for the second quarter of this year, with an average retail discount of 28 percent and channel inventory of four months. This is based on the performance of 3,707 stores out ...
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Article
Analysis: The global athletic shoe market 2014
The global branded athletic footwear market grew by 11.1 percent to $52.6 billion in 2014, the highest rate since the 13.0 percent increase registered in 2011, according to an annual study by Sporting Goods Intelligence of the brands’ sales to distributors, retailers and consumers.
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Article
German Sport 2000 expands its specialty retail network
By the end of June, the German section of Sport 2000 had increased the number of affiliated retailers by 83 above the number a year ago. The group won 107 new members, lost 24 and currently has a total of 888 affiliated retail companies running 1,184 stores.Productwise, the group benefited ...
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News briefs
A total of 2,843 “industry guests” attended Efftex, the European...
A total of 2,843 “industry guests” attended Efftex, the European fishing tackle show, held in Warsaw last month, which hosted about 200 exhibitors. Out of all the visitors, 1,290 didn't wear exhibitor's badges, with wholesalers and retailers taking shares of 48 and 34 percent, respectively. Predictably, Poland came at the ...
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News briefs
After 19 years of collaboration, Zeis Excelsa will stop distributing...
After 19 years of collaboration, Zeis Excelsa will stop distributing Merrell in Italy after the end of this year. By then, it will also have closed or converted its six Merrell stores in Italy. The new Italian distributor of the brand will be a company called Premiere Distribution. More on ...
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Article
Jarden plans to raise more than $1 billion
Jarden Corp. has boosted the size of a planned secondary public offering to help finance its $1.35 billion acquisition of the Waddington Group, which makes disposable cutlery. The parent of Coleman, K2, Marmot Mountain, Völkl and many other brands had originally planned to issue 14 million new shares, but it ...
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News briefs
Niki Lauda, the famous Austrian Formula 1 champion, has reported...
Niki Lauda, the famous Austrian Formula 1 champion, has reported acquired a stake of more than 10 percent in Signa Retail, the Austrian-based real estate company that controls the Karstadt department store chain and the Karstadt Sports stores in Germany, through his foundation. The car racer is also investing in ...
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Short stops
In a deal said to be worth £4.5 million (€6.5m-$7.0m),...
In a deal said to be worth £4.5 million (€6.5m-$7.0m), Kooga will be the official kit supplier of the Leicester Tigers rugby team for the next years
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