All Sporting Goods Intelligence articles in Volume 26, Issue 25-26 – Page 2
-
News briefs
Skechers USA has signed an endorsement contract with the Darmstadt...
Skechers USA has signed an endorsement contract with the Darmstadt 1898 football team in Germany for the 2015/16 playing season. It will not provide football boots for the team's players, but rather casual shoes to be worn off the pitch. The club, which was formerly sponsored by Nike, has remained ...
-
Article
Columbia posts record sales and raises full-year outlook
Columbia Sportswear reported a sales increase of 17 percent to $380.2 million in the second quarter. On an organic basis, excluding the acquisition of Prana and foreign currency impacts, the turnover went up by 11 percent in the quarter, which is the company's smallest one in terms of revenues, historically ...
-
News briefs
Nike's chief executive, Mark Parker, saw his compensation increase by...
Nike's chief executive, Mark Parker, saw his compensation increase by nearly 15 percent to $16,819,730 in the financial year ended last May. The greater part of the rise came from incentive compensation, which grew to more than $4 million from $2.5 million in the previous year, in direct relation to ...
-
News briefs
John McCarvel, who retired as president and chief executive of...
John McCarvel, who retired as president and chief executive of Crocs last April, has become lead investor and chairman of Xero Shoes, a U.S. company that produces versatile and lightweight performance and recreation sandals. Dennis Driscoll, who joined Xero three years ago and is now acting as its chief product ...
-
News briefs
Edwin Haid is leaving as chief executive of Gonso, the...
Edwin Haid is leaving as chief executive of Gonso, the German bikewear brand, after nearly two years in the job. Simone Mayer and Lothar Baisch, who head up Gonso's parent company, Maier Sports, are taking over his reponsibilities.
-
News briefs
In the midst of the world swimming championships, which ended...
In the midst of the world swimming championships, which ended in Kazan yesterday, Speedo announced a five-year agreement with Fina, the international swimming federation, to be its exclusive swimwear and swim equipment supplier for its Swimming World Cup until 2019. The first of eight events in the Fina World Cup ...
-
News briefs
Neil Cole resigned last Friday as chairman, chief executive and...
Neil Cole resigned last Friday as chairman, chief executive and president of Iconix Brand Group, parent company of Danskin, Umbro, Ocean Pacific, Candie's and many other brands. The news, which came ahead of today's release of the company financial results, precipitated its share price, which has been under pressure following ...
-
Short stops
Carhartt will be the exclusive workwear partner for Cocona Natural...
Carhartt will be the exclusive workwear partner for Cocona Natural Technologies, using its 37.5 technology in its Force product line
-
Article
Vista pays a high multiple for Camelbak
Moving very quickly with its intended strategy to expand in the outdoor and recreation sector, Vista Outdoor announced the takeover of Jimmy Styks, a small marketer of stand-up paddle (SUP) boards and related accessories, and - just a few days later - of Camelbak Products, the leading supplier of hydration ...
-
Article
Callaway raises guidance on higher gross margin
Callaway Golf's second-quarter sales were essentially level with 2014, recording a 1 percent drop, but grew by 6 percent on a constant-currency basis, despite headwinds from unfavorable changes in foreign currency exchange rates and international market conditions that were softer than expected, particularly in Asia. The company posted sales of ...
-
Short stops
Callaway Golf has signed up Ollie Schniederjans, formerly ranked as...
Callaway Golf has signed up Ollie Schniederjans, formerly ranked as #1 amateur golf player, to a Staff Pro endorsement deal
-
News briefs
CORRECTION: Lotto Sport points out that its sales should break...
CORRECTION: Lotto Sport points out that its sales should break out as $3 million in the U.S. and $187 million in the rest of the world in the SGI Athletic Footwear Chart published in our last issue, based on average OECD exchange rates. In terms of euros, its sales amounted ...
-
News briefs
JD Sports Fashion has bought The Cuckoo's Nest. This British...
JD Sports Fashion has bought The Cuckoo's Nest. This British men's streetwear brand, best known for its graphic T-shirts, had been put into administration prior to the purchase. No details were given on the reasons for the administration. Lila Thomas and David Acland of Begbies Traynor, an insolvency firm based ...
-
News briefs
Callaway Golf has named Linda Segre to the company's board...
Callaway Golf has named Linda Segre to the company's board of directors. Segre, 55, is executive vice president of chief strategy and people officer at Diamond Foods, a role she took up in March 2014. Segre first joined the San Francisco-based food company in 2009 as senior vice president of ...
-
Article
Big growth for XXL
XXL ASA continues to grow by leaps and bounds. In the second quarter ended June 30, the leading Nordic sports retailer's sales went up by 23.2 percent to 1,535 million Norwegian kroner (€169.1m-$185.4m), including increases of 5.4 percent on a comparable store basis and 67.7 percent in e-commerce. Sales of ...
-
Article
Further big gains for Skechers
Once again, Skechers USA surprised financial analysts by announcing a jump of 129.2 percent in net earnings for the second quarter on 36.3 percent higher revenues of $800.5 million. The gross margin was up by 0.9 percentage points to 46.8 percent, while the operating margin shot up to 14.0 percent ...
-
News briefs
In a bid to get more visibility in the U.S....
In a bid to get more visibility in the U.S. market, Adidas is reportedly on the verge of taking over the sponsorship of the New York Marathon from Asics, outbidding New Balance and Brooks with an offer for $100 million over a 10-year period. The Three Stripes has also reportedly ...
-
Article
Elan has been sold
Bringing an end to a lengthy privatization process, Wiltan Enterprises, a Cyprus-based company owned by VR Capital Partners, described by the Slovenian Times as a venture capital fund owned by Russian interests, has signed a share transfer agreement for the acquisition of a 95.1 percent stake in Elan, the big ...
-
News briefs
Pawan Verma has become the new senior vice president and...
Pawan Verma has become the new senior vice president and chief information officer of the Foot Locker group, succeeding Peter Brown who retired in April after 38 years with the company. Verma comes from Target Corp., where he was most recently in charge of digital and marketing technologies and the ...
-
Article
Good numbers for Basicnet
Basicnet's stockmarket value was 83 percent higher than at the beginning of this year after the parent company of Kappa, Robe di Kappa, K-Way and Superga reported a 51.1 percent increase in net profit to €9,090,000 for the first six months on 7.0 percent higher consolidated revenues of €63.9 million. ...
