All Sporting Goods Intelligence articles in Volume 26, Issue 33-34 – Page 2
-
Short stops
The European office of Mervin Manufacturing in Munich has a...
The European office of Mervin Manufacturing in Munich has a new PR and marketing manager, Julia Mantier, who formerly handled public relations for brands such as BMW, Red Bull and Specialized
-
News briefs
New Era has opened its U.K. flagship location in London,...
New Era has opened its U.K. flagship location in London, at 40 Carnaby Street. The 1,540-square-foot store, which was inaugurated on Sept. 30, is split across two floors. The store features an embroidery machine where shoppers can customize their hats in only about 20 minutes. In addition, another featured service ...
-
News briefs
Vaude is opening an entirely renovated headquarters in Tettnang, near...
Vaude is opening an entirely renovated headquarters in Tettnang, near Lake Constance, to accommodate 500 people, following a large expansion of its staff over the recent years. The German company spent about €7 million on the project, including the addition of 3,000 square meters of office space. It is an ...
-
Article
PSG posts lower earnings and revenues
The revenues of Performance Sports Group (PSG) were down by 11 percent, or 4 percent in constant currencies, to $175 million for the first fiscal quarter ended Aug. 31. The company, which owns Bauer and other operations in ice hockey, lacrosse, baseball and softball products, recorded a net loss of ...
-
News briefs
Wolverine Worldwide, which is due to report its third-quarter results...
Wolverine Worldwide, which is due to report its third-quarter results tomorrow, told the Goldman Sachs Retail Conference last month that foreign currencies will continue to impact its profitability through the first quarter of 2016. Product costs are affecting gross margins, but they are slightly mitigated by lower commodity prices. Operating ...
-
Article
Tecnica sells Dolomite to Scott
The Scott Sports group continues its external growth strategy with a preliminary agreement for the takeover of Dolomite, an iconic Italian brand of functional apparel and footwear whose origins go back to 1897. The Tecnica Group, which acquired the brand in 1998, will thus concentrate on its remaining assets in ...
-
Short stops
Skechers' Performance division has a new testimonial for the U.K....
Skechers' Performance division has a new testimonial for the U.K. and Ireland, Charlie Webster, who is well known as a presenter for a variety of sports competitions
-
Article
Direct Golf owner in tussle with SDI
The fate of Direct Golf remained uncertain last week, after the owner of the second-largest British golf retailer reportedly became embroiled in a dispute with a minority shareholder, Sports Direct International (SDI), over control of the cash-strapped company. John Andrew reportedly filed earlier this month a notice of intention for ...
-
News briefs
The North Face (TNF) has launched what it describes as...
The North Face (TNF) has launched what it describes as its first-ever global brand campaign, with the slogan “Never Stop.” It builds on a campaign that previously ran in the U.S. market and has adopted the same pay-off. Focused on the concept of pushing boundaries, the campaign features activities from ...
-
News briefs
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports...
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports retailing, will take over Sport Sperk, a German chain of 13 sporting goods stores based in Bavaria, with effect from Jan. 1, provided it gets regulatory approval. The stores include a factory outlet and a bike shop, and six of ...
-
News briefs
Lars Svendsen has sold Svendsen Sport and D.A.M. Tackle to...
Lars Svendsen has sold Svendsen Sport and D.A.M. Tackle to Maj Invest, a Danish private equity and asset management group, for 500 million Danish kroner (€66.9m-$76.0m). Svendsen has invested 40 million kroner (€5.4m-$6.1m) to secure a 15 percent stake in the company and will remain as managing director of Svendsen ...
-
Short stops
Crocs has promoted Terence Reilly from vice president of global...
Crocs has promoted Terence Reilly from vice president of global marketing to senior vice president and chief marketing officer
-
News briefs
Jarden Corp. expects to report sales figures for the third...
Jarden Corp. expects to report sales figures for the third quarter on Oct. 29 that will exceed the high end of its annual targeted range of 3-5 percent for organic growth. Earnings per share should fall within the financial analysts' consensus.
-
Short stops
Zoot Sports has signed a contract as the official performance...
Zoot Sports has signed a contract as the official performance apparel and technical apparel sponsor for the 2016, 2017 and 2018 Ironman North American series
-
Article
Vulcabras continues its recovery
We should have run the quarterly results of this Brazilian company earlier, but here they are: Vulcabras Azaleia reported a big jump of 279.2 percent in its operating earnings before amortization (Ebitda) to 40.2 million reais (€9.3m-$10.4m) for the second quarter ended on June 30. In spite of a challenging ...
-
News briefs
Lotto Sport Italia and Stonefly, which share some common ownership,...
Lotto Sport Italia and Stonefly, which share some common ownership, have been studying a possible integration of some of their operations, ranging from the supply chain to the retail network. It seems that the plan could come to fruition in terms of back-office operations during the first half of 2016. ...
-
News briefs
Six mass participation cycling events have come together to form...
Six mass participation cycling events have come together to form the World Association of Cycling Events (WACE), with a mission to promote and increase cycling worldwide. The creation of the new body was announced following a meeting in Rome on Oct. 7. WACE cover various aspect of cycling, from urban ...
-
News briefs
Jarden Corp. has launched a secondary offering, due to close...
Jarden Corp. has launched a secondary offering, due to close on Oct. 21, for 10 million shares priced at $49.00 each, plus an overallotment of 1.5 million shares. The proceeds will be used to fund a portion of its planned acquisition of Jostens, a company that supplies high-school memorabilia such ...
-
News briefs
The World Squash Federation (WFS) is seeking a clarification on...
The World Squash Federation (WFS) is seeking a clarification on the recent rejection of the sport for the 2020 Olympics in Japan. The International Olympic Committee (IOC) had recently offered the 2020 Games' hosts the opportunity to increase the number of sports previously agreed by the Buenos Aires session in ...
-
News briefs
Go Sport will partner with Paris' civil protection service on...
Go Sport will partner with Paris' civil protection service on Oct. 31 to collect clothing for the homeless for the cold season. On that Saturday, the French sporting goods retailer's customers will have an opportunity to buy clothes and hand them out to the volunteers of the civil protection outside ...
