All Sporting Goods Intelligence articles in Volume 26, Issue 27-28 – Page 3
-
Article
The German Cartel Office scolds Asics
As expected, Germany's Federal Cartel Office (FCO) has issued a negative verdict on Asics' sales policies, arguing that its refusal to deal with certain small and medium-sized internet retailers that have been using search engines and marketplaces such as Ebay and Amazon have restricted price competition online as well as ...
-
News briefs
Skechers USA's performance division will replace Asics as the title...
Skechers USA's performance division will replace Asics as the title sponsor of the Los Angeles Marathon next Feb. 26. The popular race, one of the largest in the U.S. with 22,000 finishers, will be held the day after an Olympic marathon trial over a different course in the same city. ...
-
Article
Billabong turns around
Claiming that its turnaround strategy is working, Billabong International announced yesterday its return to net profits for the financial year ended June 30, the first time since 2011. The company posted a net profit of 4.2 million Australian dollars (€2.7m-$3.0m) as compared to a loss of A$233.7 million incurred in ...
-
News briefs
Johnson Health Tech turned around to a net loss of...
Johnson Health Tech turned around to a net loss of 161.8 million Taiwanese dollars (€4.4m-$5.0m) from NT$157.9 million in net profits for the second quarter. Sales increased by one percent to NT$ 3,479 billion (€95.5bn-$107.5bn) during the period, but the gross margin fell by 3.22 percentage points to 43.2 percent.
-
News briefs
Under Armour has signed a multi-year global partnership deal with...
Under Armour has signed a multi-year global partnership deal with the National Basketball Association (NBA) focusing on the youth market. The brand has become the title partner of the NBA Draft Combine and presenting partner of the Jr. NBA, the league's youth basketball program. In addition, Under Armour and the ...
-
News briefs
Under Armour's shareholders approved a stock split on Wednesday, creating...
Under Armour's shareholders approved a stock split on Wednesday, creating a new C class of non-voting shares that will allow the company's founder and chief executive, Kevin Plank, to keep control of the company with 15 percent of the shares and 67 percent of the votes, but with a five-year ...
-
News briefs
SportScheck has appointed a new member of the executive board,...
SportScheck has appointed a new member of the executive board, Lars Schöneweiss, who will take care of finance, controlling, IT, logistics and human resources from October. He will replace Guido Jaenisch, who is leaving the company at the end of this month. The 46-year-old manager has worked recently in similar ...
-
News briefs
Wolverine Worldwide has appointed John Coe as managing director of...
Wolverine Worldwide has appointed John Coe as managing director of its London-based subsidiary, taking the place of Dan LeVesconte, to “drive continued growth” for its brands in the region. As general manager of Chaco since March 2011, Coe has been running Wolverine's fastest-growing brand. He gained international experience as president ...
-
News briefs
The board of another fast-growing U.S. company, Skechers USA, has...
The board of another fast-growing U.S. company, Skechers USA, has decided to implement a three-for-one stock split on Oct. 15, subject to shareholders' approval at its annual meeting on Sept. 24. The price of its shares nearly tripled in the past 12 months. At its stock market close of $142.73 ...
-
News briefs
Kempa, the handball and volleyball brand of Uhlsport, has announced...
Kempa, the handball and volleyball brand of Uhlsport, has announced two new sports marketing contracts. It has signed up Martin Ströbel, a member of the Germany's national handball team who plays for the Balingen-Weilstetten club. It has also signed a two-year partnership with the United Volleys club, in combination with ...
-
News briefs
Protest has appointed Anjet Wesselink as head of marketing, replacing...
Protest has appointed Anjet Wesselink as head of marketing, replacing Martijn Jegerings who has moved to Switzerland. She will report to Wesley van Wijnbergen, sales and marketing director of the Dutch-based action sports apparel company. Wesselink has been organizing big snow and surf events. She worked most recently at a ...
-
Article
Intersport grows fast, launches Run & Fit
Officials of Intersport International Corp. (IIC) are reporting an exceptionally strong increase of 6.7 percent in euros at the retail level for the first six months of 2015. Separately, the international retail organization has announced the opening of the first of a new series of stores specializing in running ...
-
News briefs
The turnover of Li & Fung declined by one percent...
The turnover of Li & Fung declined by one percent to $8.63 billion in the first half, reflecting macroeconomic conditions. It remained flat in the U.S. and fell by 13 percent in Europe. It grew by 14 percent in Asia but dropped by 9 percent in the rest of the ...
-
News briefs
Deuter has finalized the roster of its “brand ambassadors” for...
Deuter has finalized the roster of its “brand ambassadors” for the 2015/16 marketing season. Mirroring the variety of the company's backpack users, the 21 members of the team are hikers, mountain bike racers, skiers and other outdoor enthusiasts. They will share their travels and outdoor adventures on Deuter's informative and ...
-
News briefs
We have already reported on the sale of Backcountry.com by...
We have already reported on the sale of Backcountry.com by Liberty Interactive Corp. to an investment firm, TSG Consumer Partners (Compass no. 8-12+13 of July 13). Liberty has now disclosed that it made a gain of $105 million on the transaction, which gave Backcounty.com a valuation of 11 times projected ...
-
Article
The EU bicycle industry grows on all fronts
Bicycle sales in the 28 member states of the European Union increased by 2.3 percent in 2014, with a total of 20,234,000 bicycles sold, including electric bicycles. Germany held the largest share with 20 percent of EU bike sales, followed by the U.K. with 18 percent, France with 15 percent ...
-
News briefs
Puma has launched its second “Forever Faster” campaign ahead of...
Puma has launched its second “Forever Faster” campaign ahead of the current World Athletic Championships in Beijing. The international multi-media campaign focuses on training. It utilizes endorsing athletes like Usain Bolt and Sergio Aguero as well as the Cuban boxing team, the Arsenal football club and Rihanna to support the ...
-
News briefs
Perry Ellis has signed a license agreement with Tiendas por...
Perry Ellis has signed a license agreement with Tiendas por Departamento Ripley in Peru for Gotcha, its skate and surf apparel brand. Gotcha is currently available in Ripley's 27 stores in Peru. Through the new license, plans for the brand now envisage further expansion in Peru as well as expansion ...
-
Short stops
After the inauguration of a store in the centrally located...
After the inauguration of a store in the centrally located Rathauspassagen, Decathlon is planning to open two more stores in the Berlin area, according to SAZ, one of which would be close to an Intersport store in the Schöneweide section of the German capital
-
News briefs
Only three weeks after suing Sears over a similar issue,...
Only three weeks after suing Sears over a similar issue, Adidas has filed suit against Forever 21 and Central Mills in the Portland, Oregon federal court, asking it to prevent the U.S. fast-fashion chain from marketing and selling apparel bearing “either identical or confusingly similar imitations” of its three-stripes trademark. ...
