All Sporting Goods Intelligence articles in Volume 26, Issue 39-40
View all stories from this issue.
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Article
Turnaround at Planet Sports under new ownership
Planet Sports is turning around with a sales increase estimated at 20 percent this year, says 21sportsgroup , which acquired the German action sports retailer in March. After flat sales in 2014, Planet Sports is targeting sales of at least €60 million for its online store and 12 ...
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News briefs
Mountain Warehouse, one of the major outdoor retailers in the...
Mountain Warehouse, one of the major outdoor retailers in the U.K., is launching a new chain of stores, called Zakti, that will cover gym, yoga, running, cycling, snow sports, dance and swimming, according to Retail Week. Competing against Sweaty Betty, it will initially target women. Zakti is opening two stores ...
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News briefs
Scott Sports and John Struthers, who is said to be...
Scott Sports and John Struthers, who is said to be the largest wholesale distributor of bicycles and bike parts in Australia and New Zealand, have formed two new joint companies, Sheppard Cycles Australia and Sheppard Cycles New Zealand. Steve Praskevas, who will act as managing director of the two new ...
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News briefs
In a preliminary statement, Intersport's Swiss licensee, Intersport PSC, said...
In a preliminary statement, Intersport's Swiss licensee, Intersport PSC, said that its consolidated net profit rose to 1.9 million Swiss francs (€1.7m-$1.8m) in the latest financial year from CHF 1.5 million in the previous one. The results improved thanks to cost controls and extraordinary gains in spite of a decline ...
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News briefs
Puma has promoted Stefan Gnad as its new head of...
Puma has promoted Stefan Gnad as its new head of golf for Cobra Puma Golf Dach & Benelux. He will lead the Cobra Golf and Puma Golf business including footwear, apparel, equipment and accessories in the Dach & Benelux regions which comprise Germany, Austria, Switzerland, Belgium, the Netherlands and Luxembourg. ...
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News briefs
The third Oakley store in Germany has opened in a...
The third Oakley store in Germany has opened in a very sporty area of Munich. The 130-square-meter store is located on the central Sendlinger Strasse, right next to The North Face. It is operated by a retailer who also has a Nike shop in the same area. Oakley's two other ...
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News briefs
A new top management is taking over at Galeria Kaufhof,...
A new top management is taking over at Galeria Kaufhof, the German department store organization that owns the Kaufhof Sportarena stores, following the retail group's takeover by Hudson's Bay. The executive board has been reduced from six to four members, with Olivier Van den Bossche acting as chief executive in ...
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Article
Fnac moves into the sports market
Fnac , the French retailer with international stores specializing in books, music, other entertainment and electronics, has returning to the sports market through a new category in its online marketplace, launched in October. The move could make an impact since Fnac is a strongly established retailer, with 112 stores around ...
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News briefs
Puma opened a flagship store in the trendy Hackescher Markt...
Puma opened a flagship store in the trendy Hackescher Markt area of the German capital last week. The new store in Berlin Mitte has adopted Puma's Forever Faster concept on a surface of about 450 square meters. It offers a range of performance and sport style products, along with exclusive ...
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News briefs
Misfit, the U.S. maker of wearable fitness trackers, is to...
Misfit, the U.S. maker of wearable fitness trackers, is to be taken over for $260 million by Fossil Group, a watchmaker based in Texas. Fossil sells its own brands, Fossil and Skagen, and it holds licenses for several others, from Adidas to Michael Kors and Diesel. Sonny Vu, chief executive ...
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News briefs
The launch of the Spark, a sports and fitness watch...
The launch of the Spark, a sports and fitness watch integrating a heart-rate monitor and permanent activity tracking, among other features, supported sales growth of 5 percent to €146.0 million in the third quarter for the consumer product division at TomTom, excluding automotive hardware. Coming in several versions, the Spark ...
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News briefs
The Professional Rugby Organization (Pro Rugby) is forming the first...
The Professional Rugby Organization (Pro Rugby) is forming the first professional rugby league in North America, providing extra exposure for what it describes as the fastest-growing team sport in the U.S. The league obtained exclusive approval from USA Rugby and World Rugby. It will start in April 2016 with six ...
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News briefs
The World Federation of the Sporting Goods Industry has formed...
The World Federation of the Sporting Goods Industry has formed an Aquatics Committee to act as the water sports industry's representative body with international governing bodies such as the Féderation Internationale de Natation (Fina) or the International Triathlon Union (ITU), organizers of sports events, international standards institutions and non-governmental organizations. ...
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News briefs
Spyder has extended its long-standing partnership with the United States...
Spyder has extended its long-standing partnership with the United States Ski Team (USST) for four years until June 2020. Under the deal, the U.S. ski apparel brand will be the team's official apparel supplier for the 2018 Winter Olympics in PyeongChang, in South Korea. Spyder has been the U.S. ski ...
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Article
Sport Pursuit raises funds for international expansion
Sport Pursuit , an online retailer specializing in flash sales of branded sports products, has raised £9.5 million (€13.5m-$14.3m) from three equity partners. The funds are meant to support Sport Pursuit's investments to become the leading specialist in this market across Europe. They were provided by Scottish ...
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News briefs
Fesi, the European sporting goods industry federation, has set up...
Fesi, the European sporting goods industry federation, has set up a new Working Committee on Digital to handle various aspects of digital technologies on a European scale, including data protection. At its general assembly, Fesi also appointed Neil Narriman, global head of intellectual property at Puma, as vice president. He ...
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Article
Foot Locker grows strongly in Europe
Foot Locker had a particularly strong quarter in Europe, where its sales grew by more than 15 percent overall on a comparable store basis in the period, ended Oct. 31. It was the best performance across the group, with double-digit increases in nearly all the markets and all major categories, ...
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News briefs
Pertex, known for its lightweight but durable performance fabrics, has...
Pertex, known for its lightweight but durable performance fabrics, has announced the launch of a new fabric technology called CS10, which is claimed to offer increased abrasion and water resistance. CS10 technology uses yarns with unique diamond shaped filaments that tightly lock together to provide a stable construction and give ...
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Short stops
Sports Direct is opening a second Spanish store in Madrid,...
Sports Direct is opening a second Spanish store in Madrid, after one in Zaragoza
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News briefs
Sports Direct International (SDI) has reportedly held talks with the...
Sports Direct International (SDI) has reportedly held talks with the Chinese owners of House of Fraser, the Sanpower group, to deploy the Lillywhites banner in some of the group's department stores. The Sunday Telegraph reported that talks are at an early stage and that Nigel Oddy, House of Fraser's chief ...
