All Sporting Goods Intelligence articles in Volume 26, Issue 33-34 – Page 6
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News briefs
Skip Yowell, a co-founder of JanSport, passed away at 69...
Skip Yowell, a co-founder of JanSport, passed away at 69 on Oct. 13 at his home in Kansas, following an illness. Yowell founded the company in 1967 in Seattle, Washington, together with his cousin, Murray Pletz, and a seamstress, Jan Lewis, to make backpacks for the outdoors. The company went ...
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News briefs
Bergans of Norway is donating about 640 items of clothing...
Bergans of Norway is donating about 640 items of clothing to a Norwegian organization for distribution to refugees from the Middle East. The items are worth the equivalent of €65,000 and consist mainly of wool, fleece and down-filled garments for the cold season.
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News briefs
Marc Pinsard, a 45-year-old Frenchman who acts as deputy senior...
Marc Pinsard, a 45-year-old Frenchman who acts as deputy senior general manager in charge of the global brand marketing division of Asics, is the new chairman of CISO, the Committee on International Sports Organizations of the World Federation of the Sporting Goods Industry (WFSGI). Fluent in French, English and Japanese, ...
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News briefs
About 350 of the 550 workers at Mifa Bike, the...
About 350 of the 550 workers at Mifa Bike, the German bicycle manufacturer, were requested to switch to a shorter working week for three months from the start of October to support the company's turnaround. Mifa filed for insolvency in September last year, after the failure of takeover discussions with ...
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Short stops
Billabong's shares will reverse split on Nov. 30 on a...
Billabong's shares will reverse split on Nov. 30 on a five-to-one basis, reducing the number of outstanding shares from 990 million to 198 million
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News briefs
Joe O'Neil, who spent more than 30 years in the...
Joe O'Neil, who spent more than 30 years in the athletic footwear business, is to take over as chief executive at Newton Running, replacing the company's co-founder, Jerry Lee. O'Neil is to lead operations, product development, sales, marketing, merchandising and finance. Lee will remain as Newton Running's chairman, stepping away ...
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News briefs
Eurosima gathered more than 250 executives and employees from the...
Eurosima gathered more than 250 executives and employees from the action sports sector for a cycle of conferences in Seignosse, France, on Oct. 8-9. A Surfing Lounge exhibiting the most creative and innovative products from around 50 action sports brands was organized alongside the conferences. Wavegarden, a Spanish company that ...
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News briefs
Puma has signed a partnership agreement with COP21, the upcoming...
Puma has signed a partnership agreement with COP21, the upcoming UN Climate Change Conference in Paris, to become an official partner of the event. The sports brand will equip 180 students in charge of welcoming visitors. During the conference, which will be held at Le Bourget from Nov. 30 to ...
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Article
Nike sets a $50 billion sales target for 2020
The recent performance of the Swoosh, progress in digital manufacturing and retail technologies and the athleisure trend have led the Nike group's management to predict that it will be able to reach $50 billion in annual revenues in the financial year ending in May 2020, up 63 percent from $30.6 ...
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News briefs
The entry phase for the 201617 Ispo Awards has begun....
The entry phase for the 201617 Ispo Awards has begun. Businesses can enter their products in the competition immediately. Early-bird entry fees expire on Nov. 27. The awards honor the most innovative products from the Action, Outdoor, Ski, Performance and Health & Witness segments. The coming season's best products are ...
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News briefs
Eleven employees of Sport 2000 stores in Germany took part...
Eleven employees of Sport 2000 stores in Germany took part in the filming of a 35-second advertising spot for movie theaters. The video shows them practicing their favorite sport, as part of a campaign around the German buying group's new slogan, “Von Sportler zu Sportler” (from one sports enthusiast to ...
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News briefs
New Balance has signed up a 20-year-old American sprinter, Travyon...
New Balance has signed up a 20-year-old American sprinter, Travyon Bromel, the world's junior 100-meter record holder. He is training to be part of Team USA at next year's Olympic Games.
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News briefs
Patagonia says that 192 of the styles of garments it...
Patagonia says that 192 of the styles of garments it is selling this autumn are Fair Trade certified, up from 33 last spring. The company has added four certified factory in Sri Lanka and one in Los Angeles to its list of suppliers. It is now working with factories in ...
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News briefs
Vietnam's leather and footwear sector registered a 18.4 percent increase...
Vietnam's leather and footwear sector registered a 18.4 percent increase and earned $8.8 billion in export revenues in the first nine months of the year, according to Vietnam's Ministry of Planning and Investment. In that period the sector produced 241.9 million pairs of shoes, which represent an increase of 24.1 ...
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News briefs
Under Armour will replace Adidas in 2016/17 as the all-school...
Under Armour will replace Adidas in 2016/17 as the all-school supplier to the Badgers collegiate team in Wisconsin. Reportedly, it will pay an annual fee of $4 million for ten years, compared with $800,000 for Adidas. Additionally, it will supply products worth of $3.33 million in the first year, rising ...
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News briefs
Nike moved up to the 17th place in Interbrand's annual...
Nike moved up to the 17th place in Interbrand's annual ranking of the world's most valuable brands, up from the 22nd position it had obtained on its 2014 listing. Adidas instead fell from the 59th spot to the 62nd one. Luxury brands such as Louis Vuitton, Gucci and Burberry also ...
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News briefs
Briko's Protetto System 2.0, a new safety system for Briko's...
Briko's Protetto System 2.0, a new safety system for Briko's Vulcano FIS 6.8 helmet, has been approved by the equipment committee of the International Ski Federation (FIS). Following this approval, it is now possible for Briko athletes to use the system during all FIS and World Cup races for this ...