All Sporting Goods Intelligence articles in Volume 26, Issue 37-38 – Page 4

  • News briefs

    MBT, the company reportedly acquired by Star 360 of Singapore...

    2015-11-10T00:00:00Z

    MBT, the company reportedly acquired by Star 360 of Singapore for $10 million three years ago, is introducing next spring its own line of running shoes, consisting of three styles, accompanies by branded compression apparel and socks. The shoes feature the brand's rocker construction and use a proprietary sensor technology ...

  • News briefs

    With a record of 318 delegates registered for the event,...

    2015-11-10T00:00:00Z

    With a record of 318 delegates registered for the event, the third edition of the European Outdoor Summit (EOS), held in Sheffield, England on Oct. 13-15, was described as a success. High-caliber chief executives and other managers were among the delegates, who came from 20 different European countries as well ...

  • News briefs

    Fitbit reported sales of $409.3 million for the third quarter,...

    2015-11-10T00:00:00Z

    Fitbit reported sales of $409.3 million for the third quarter, which was more than double the turnover of $152.9 million reached in the same quarter last year. The U.S. maker of connected health and fitness products said it sold 4.8 million devices during the quarter, but its net income shrank ...

  • News briefs

    Crocs reported a net loss of $27.8 million for the...

    2015-11-10T00:00:00Z

    Crocs reported a net loss of $27.8 million for the third quarter, compared with net earnings of $12.0 million in the year-ago period. The loss came after non-recurring and special charges of $8.6 million in the latest period, compared with charges of $17.4 million a year earlier. Revenues declined ...

  • News briefs

    Nautilus saw its revenues increase by 19.7 percent to $70.7...

    2015-11-10T00:00:00Z

    Nautilus saw its revenues increase by 19.7 percent to $70.7 million for the third quarter. An increase of 24.3 percent in direct sales to $42.9 million was driven by demand for the Bowflex Max Trainer range, while cardio products and Select Tech dumbbell sales supported a retail sales gain of ...

  • News briefs

    Oaktree Capital Management, which has lent $175 million to Quiksilver...

    2015-11-10T00:00:00Z

    Oaktree Capital Management, which has lent $175 million to Quiksilver to keep operating while its U.S. business is in bankruptcy proceedings, has reportedly retained Alix Partners as an advisor for the possible acquisition of the entire company. Quoting unnamed sources, Bloomberg says that other investors may be interested in Quik ...

  • News briefs

    Jack Wolfskin won one of the 15 German Design Awards...

    2015-11-10T00:00:00Z

    Jack Wolfskin won one of the 15 German Design Awards given for 2016 in the sports, outdoor and leisure activities for its ergo-dynamic EDS backpack technology. The company's Texapore Downshell Tec jacket got a “special mention.”

  • Article

    Franz Julen will leave a stronger Intersport in 14 months

    2015-11-10T00:00:00Z

    Franz Julen announced to his staff yesterday that he will retire at the end of 2016 as the chief executive of Intersport International Corp. (IIC), a retail organization that is in line to book growth of between 7 and 8 percent for this year, in spite of the absence of ...

  • Article

    The French athletic shoe market climbs by 12%

    2015-11-10T00:00:00Z

    The athletic footwear market in France has grown by 12 percent during the last 12 months, according to a recent study by NPD Group. Revenues for the segment have reached €2.7 billion and athletic footwear now accounts for nearly 30 percent of France’s overall footwear market. The growth has been ...