All Sporting Goods Intelligence articles in Volume 26, Issue 39-40 – Page 5
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News briefs
The French anti-trust authority has closed an investigation launched against...
The French anti-trust authority has closed an investigation launched against Adidas last year about the conditions that it was imposing on its retail customers to sell Adidas and Reebok products over the internet. It has dropped all pursuits following Adidas' decision at the beginning of this year to allow the ...
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News briefs
Icepeak, the affordable sportswear label of the L-Fashion Group, will...
Icepeak, the affordable sportswear label of the L-Fashion Group, will come out with its first line of winter boots and other types of footwear for everyday outdoor activities and functional trekking, starting with the autumn/winter 2016/17 season. The outsole of the shoes ensures efficient grip and good traction on difficult ...
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Short stops
ISPO Shanghai is inviting prospective exhibitors to take advantage of...
ISPO Shanghai is inviting prospective exhibitors to take advantage of an Early Bird discount of 11% if they book their stand before Dec. 31
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Article
Peak Performance down on wholesale adjustments
As Peak Performance continues to adjust its distribution, the turnover of the Swedish ski, outdoor and golf brand declined by 2.8 percent to 343 million Danish kroner (€46.0m-$48.7m) for the quarter to the end of September, but its own retail sales increased sharply and contributed to a rise in operating profit ...
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Article
Adidas projects buoyant football sales
Instead of the usual glitz and football stars on a podium, the Adidas ball for the group stages of the European championship finals in 2016 was unveiled by Zinedine Zidane on his Instagram account earlier this month. The blue, white and red color design of the Beau Jeu is reminiscent ...
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Article
Adidas CEO suggests Fifa reforms
Herbert Hainer, the Adidas Group's chief executive, suggested to Wirtschaftswoche earlier this month that Fifa ought to set limits to the age and terms of the Fifa president. He added that the global football organization's president should be more like a chief executive, operating under a supervisory board.It was the ...
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Article
Adidas gets India’s go-ahead for its own format stores
The Adidas Group has obtained approval from the Indian government to open fully owned Adidas-branded stores in the country. Dave Thomas, managing director of the Adidas Group in India, said in a statement that the company intends to start opening larger stores under full ownership in the second half of ...
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News briefs
The prospective change of chief executive at the Adidas Group,...
The prospective change of chief executive at the Adidas Group, scheduled for 2017 at the latest, is leading to increasing speculation, with a report in Der Spiegel that leading executives from several rival companies were approached for the job. Adidas confirmed in February that it had launched a formal search ...
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News briefs
Adidas has inked a five-year agreement with Louisiana Tech University...
Adidas has inked a five-year agreement with Louisiana Tech University Athletics to outfit its 16 men's and women's teams in Adidas uniforms, apparel, footwear and equipment through the 2021-22 season. The partnership starts in July, except for women's basketball because that team has one year left on a deal with ...
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News briefs
Fibo and Europe Active are teaming up to organize the...
Fibo and Europe Active are teaming up to organize the third Fibo Innovation tour, which will make stops in Istanbul, Moscow, Warsaw, Milan and Stockholm early next year. The tour consists of one-day seminars that are aimed at facilitating exchanges with stakeholders in the local fitness industry on current trends ...
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Short stops
Sergi González has left Intersport España, where he acted as...
Sergi González has left Intersport España, where he acted as managing director, according to the Spanish trade press
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Article
Camelbak on track after acquisition by Vista Outdoor
The acquisitions of Camelbak and Jimmy Styks pushed up sales of the Vista Outdoor group for the second quarter of its fiscal year. The group's turnover increased by 5.0 percent to $551.4 million for the three months until Oct. 4, with $24 million of added sales from the two buys. ...
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Article
Electric bikes drive Accell performance
An uptick in sales of electric mountain bikes strongly contributed to a turnover increase for the third quarter at Accell Group, the Dutch company that owns Batavus, Sparta, Lapierre and Ghost, among many bicycle-related brands.The company predicts an organic sales increase and growing income for the second half of the ...
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Article
Findel board uneasy about SDI move
Sports Direct International (SDI) is apparently getting entangled in yet another dispute after it requested the appointment of a director at Findel, a British retail group in which SDI acquired a stake of 18.9 percent in September. The Daily Telegraph reports that Findel's board of directors has sent a fiery ...
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News briefs
Nearly 650 people turned up in Sölden, Austria, for a...
Nearly 650 people turned up in Sölden, Austria, for a winter sports test event organized earlier this month by the FGHS, the Dutch sporting goods industry federation. The event has been held annually for 19 years, but it was the first time that retailers were encouraged to bring along consumers. ...
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Article
Yue Yuen grows by 5.8%, led by retail
The total revenues of Yue Yuen Industrial Holdings increased by 5.8 percent to $6,277.5 million in the first nine months of this year, but they were lifted by a 19.6 percent rise to $1,741.6 million in the retail sales of Pou Sheng, the Chinese retail subsidiary of the group.In the ...
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News briefs
Globeride saw its revenues go up by 5 percent to...
Globeride saw its revenues go up by 5 percent to 41,406 million yen (€318.3m-$336.6m) in the first half ended Sept. 30, with strength in fishing and golf, yet net earnings were down by 9 percent to ¥1,579 million (€12.1m-$12.8m) because of higher non-operating expenses. Citing the malaise of the Japanese ...
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News briefs
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...
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 ...
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Article
New Balance to launch 3D-printed running shoe in April 2016
The sport footwear industry's abundant investments in 3D printing are set to take shape in the market: After a spate of footwear design and manufacturing innovations announced by Nike and Adidas in the last months, New Balance says it will be launching the first running shoe with a 3D printed ...
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Article
Sport 2000 returnsto Italy
Sport 2000 International continues to take on board formerly affiliated buying groups in various European countries. It's now the turn of Sport Alliance International, which federates 265 sporting goods stores in Italy, plus some across the border in Austria. They will all gradually add the Sport 2000 logos to their ...