All Sporting Goods Intelligence articles in Volume 26, Issue 35-36 – Page 3

  • News briefs

    Lululemon has adjusted its organizational structure to support its strategic...

    2015-10-31T00:00:00Z

    Lululemon has adjusted its organizational structure to support its strategic development with greater focus on design, innovation and upgraded operations. As part of this strategy, the yoga-inspired apparel company has eliminated the function of chief product officer and instead appointed Lee Holman as creative director to supervise both men's and ...

  • News briefs

    Pádel is a big sports activity in Spain. Both Asics...

    2015-10-31T00:00:00Z

    Pádel is a big sports activity in Spain. Both Asics and Kelme have decided to move into the pádel equipment segment in the country. Kelme, which has its base in Spain, has announced the launch of its first line of sports-specific shoes and racquets. Asics Iberia says it will introduce ...

  • Article

    VF’s outdoor and action sports perform well

    2015-10-31T00:00:00Z

    Double-digit sales expansion for the outdoor and action sports brands owned by VF Corporation supported the company's 8 percent sales rise for the third quarter in constant currencies. They contributed sales of $2,296.5 million, which was an increase of 5 percent in dollars and 13 percent in constant currencies. Their ...

  • News briefs

    Johnson Outdoors has acquired Seabear Diving Technology, an Austrian start-up...

    2015-10-31T00:00:00Z

    Johnson Outdoors has acquired Seabear Diving Technology, an Austrian start-up specializing in underwater instrumentation. It makes electronic equipment for divers, such as smart watches and technical dive computers that can be used underwater. Arne Sieber, Seabear's founder and principal, is to join the diving unit of Johnson Outdoors, which predominantly ...

  • News briefs

    Jarden Corp. has raised net proceeds of $475 million from...

    2015-10-31T00:00:00Z

    Jarden Corp. has raised net proceeds of $475 million from its previously reported secondary offering of 10 million shares, plus an additional 1.5 million shares as a greenshoe option. The proceeds will be used for the planned acquisition of Jostens.

  • News briefs

    Sales at Intersport Finland shrank by 4.5 percent to €46...

    2015-10-31T00:00:00Z

    Sales at Intersport Finland shrank by 4.5 percent to €46 million for the third quarter, according to the quarterly results released by Kesko, the large Finnish retail group that owns the Intersport license in Finland and Russia. For the first nine months of the year, sales for Intersport Finland were ...

  • News briefs

    361 Degrees, one of China's leading sports apparel and footwear...

    2015-10-31T00:00:00Z

    361 Degrees, one of China’s leading sports apparel and footwear brands, said that its comparable store sales increased by 8.1 percent in the third quarter. The channel inventory reached a level of 4.1 months of stock held for resale. The average retail discount for the period was 23 percent. The ...

  • News briefs

    Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...

    2015-10-31T00:00:00Z

    Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...

  • News briefs

    Asics will celebrate the 2015 TCS New York City Marathon...

    2015-10-31T00:00:00Z

    Asics will celebrate the 2015 TCS New York City Marathon with the “World's Biggest Selfie Stick,” an eight-story-tall interactive structure at Gansevoort Plaza in Manhattan. Asics America is the official footwear and apparel partner of the marathon, while Tata Consulting Services (TCS) is premier partner and the title sponsor. Asics' ...

  • News briefs

    Li Ning Company has agreed to sell a 10 percent...

    2015-10-31T00:00:00Z

    Li Ning Company has agreed to sell a 10 percent stake in Shanghai Double Happiness for about 125 million renmimbi (€18.0m-$20.0m) in cash to the Viva China Group. The transaction will reduce Li Ning's share in the Chinese table tennis company to 47.5 percent, leaving it still as its largest ...

  • News briefs

    GoPro reported a 43.0 percent sales increase to $400.3 million...

    2015-10-31T00:00:00Z

    GoPro reported a 43.0 percent sales increase to $400.3 million for the third quarter, falling short of analysts' estimates due to disappointing sales of cameras. Sales in Europe, the Middle East, Africa (EMEA) jumped by 179 percent to $156.6 million, while the Asia-Pacific region booked a 178 percent increase to ...