All Sporting Goods Intelligence articles in Volume 26, Issue 27-28
View all stories from this issue.
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News briefs
Skechers has set up a new sales subsidiary in Panama...
Skechers has set up a new sales subsidiary in Panama to oversee more than 30 countries in Latin America including Panama, Peru, Colombia and Costa Rica. It will trade directly in these four markets instead of working with its largest distributor in the region, Dabsan International. The brand will take ...
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Peak Performance rejigs ranges and management
Peak Performance has started implementing a strategic plan put forward in May by its chief executive since September, Nicolas Warchalowski , formerly in charge at Haglöfs . While there have been few adjustments to the Swedish brand's ski and golf ranges, it has begun to rethink its outdoor and ...
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Lower net revenues for Mammut
Citing a general weakening of growth in the outdoor market worldwide and the strength of the Swiss franc, Conzzeta has reported a 4.2 percent drop to 99.3 million Swiss francs (€91.5m-$101.6m) for its sporting goods segment during the first half of this year. The operating margin of the ...
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Johnson Outdoors reports higher sales and profits
Johnson Outdoors has reported slightly higher sales and vastly improved earnings for the third quarter ended July 3. The growth was primarily driven by strong market momentum around new products across its consumer-oriented fishing, camping and water recreation products , which offset declining sales of diving equipment and lower revenues ...
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Performance Sports grows rapidly
The Performance Sports Group (PSG) saw revenues grow to a record $654.7 million in the fiscal year ended May 31, a jump of 47 percent in dollars and 51 percent in local currencies as compared to the previous fiscal year . The New Hampshire-based group, formerly called Bauer Hockey, said ...
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Good growth for Rebel Sport, which may go outdoors
Before reporting good results for the 13 weeks ended July 26, Briscoe Group, the New Zealand-based parent company of Rebel Sport, announced a hostile bid for Kathmandu, a chain of 150 outdoor stores in New Zealand, Australia and the U.K. that wishes to internationalize further. Rebel Sport, which has more ...
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News briefs
The Fila Korea group has reported a net loss of...
The Fila Korea group has reported a net loss of 31.8 trillion Korean won (€23.9bn-$27.0bn) for the second quarter ended June 30, compared with a profit of KRW29.5 trillion in the year-ago period, on 2.7 percent higher revenues of KRW 200.7 million (€0.15m-$0.17m). The Korean operation suffered a 7.6 percent ...
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has announced two new keynote speakers for the third WFSGI Manufacturers Forum, due to be held in Hong Kong on Dec. 2-3. Alex Thomas, vice president of supply chain and manufacturing/engineering strategy at VF Corporation, will cover topics around the reduction ...
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Icebreaker expands sideways
Icebreaker has reinforced its European team with three regional managers for sales and marketing, as it continues to build on its merino-based outdoor products to move into adjacent categories . Ibrahim Can , former country manager in Switzerland, was appointed in March to supervise sales in the German-speaking countries, ...
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Foot Locker may expand in France and Spain
Foot Locker continued its high momentum, generating sales and profits that topped analysts' expectations for the second quarter ended on Aug. 1 . The leading international athletic shoe retailer reported net income of $119 million for the second quarter, representing a 29 percent increase versus the same period ...
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News briefs
The European Outdoor Group, which organizes the European Outdoor Summit...
The European Outdoor Group, which organizes the European Outdoor Summit (EOS) taking place on Oct. 13-15 in Sheffield, England, have announced that Nick Clegg, a former U.K. deputy prime minister, will present the closing speech of the convention. A multi-lingual politician, he worked for five years for the European Commission ...
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Fresh start for Royal Robbins in Europe
Royal Robbins, an American brand of outdoor and travel garments that predominantly targets women, is making a new start in Europe, with an increased sales effort and a range that has been adjusted for the European market. European distribution has been handled for many years by Bradshaw Taylor and ...
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News briefs
The North Face (TNF) has entered into a four-year license...
The North Face (TNF) has entered into a four-year license deal with Intelligent Fabric Technologies to use ProTX2 in its outdoor apparel, footwear and equipment products. Under the terms of the agreement, TNF will exclusively use ProTX2 in all its products that integrate antimicrobial technologies. The deal also provides for ...
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Nomad embarks on a new journey
Nomad , the Dutch outdoor company, held a gathering at its stand at the OutDoor fair in Friedrichshafen last month to launch a campaign that is meant to give “a little kick” to the brand , after its change of management and ownership earlier this year. Nomad flew many ...
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Gore to explore more ecological water-repellent solutions
W.L. Gore Associates has announced plans to invest more than $15 million in research over the next five years to explore alternative water-repellent treatments, often referred to as DWR. Gore's initiative is in response to the ongoing debate regarding the environmental threat represented by perfluorinated chemical compounds ...
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Li-Ning narrows loss, posts double-digit sales growth
Li-Ning reported a 16.1 percent sales increase to 3.64 billion yuan renminbi (€497.4m-$567.6m) in the first half ended June 30. Growth was led by the flagship Li Ning brand, which posted a 17.0 sales increase to RMB3.13 billion (€427.6m-$488.0m) and accounted for 85.9 percent of the group's ...
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News briefs
Pentland Group disclosed that it has made an investment in...
Pentland Group disclosed that it has made an investment in Tracksmith, a developer of premium performance running apparel, based in Boston, participating with others in a $4 million round of financing. The investment will help Tracksmith to further expand the product offering, to boost marketing and to create physical training ...
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News briefs
Descente will open its first European store in London in...
Descente will open its first European store in London in November. Located at 14-16, Foubert's Place, in the Carnaby Street area of the city, it will fill 700 square meters on three floors. The Japanese brand wants to add three to five more stores at various European locations.
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News briefs
The organizers of the Outdoor Retailer show have decided to...
The organizers of the Outdoor Retailer show have decided to keep it in Salt Lake City for an additional two years, through the summer of 2018. The short extension will put pressure on the city and the state of Utah to alleviate the hotel situation. Earlier dates have also been ...
