All Sporting Goods Intelligence articles in Volume 26, Issue 41-42 – Page 2
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Stockmann has sold the leases of its seven department stores...
Stockmann has sold the leases of its seven department stores in Russia to the Russian franchisee of Debenhams
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Article
Sponsors demand independent oversight at Fifa
Adidas is one of the five sponsors who have written an open letter to Fifa's executive committee, demanding “independent oversight” of any reforms at the embattled global football organization. It was also signed by Coca-Cola, Visa, McDonald's and AB Inbev, makers of Budweiser beer. Herbert Hainer, chief executive of the ...
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A narrow majority of Hamburg's population have decided not to...
A narrow majority of Hamburg's population have decided not to bid for hosting the Summer Olympic Games in 2024
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Nike has signed a lifetime deal with LeBron James, with...
Nike has signed a lifetime deal with LeBron James, with media speculating that it may have reached more than $300 million and USA Today even putting it at more than $500 million. Nike said that it built up a strong business around the Cleveland Cavaliers player in the last twelve ...
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Rome will host the Ryder Cup for the first time...
Rome will host the Ryder Cup for the first time in 2022
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Intersport PSC Holding, the Swiss licensee of Intersport International Corporation,...
Intersport PSC Holding, the Swiss licensee of Intersport International Corporation, reports a 31.8 percent improvement in its net profit to 1,926,000 Swiss francs (€1,786,000-$1,791,000) for the financial year ended last Sept. 30 in spite of an 18.8 percent decrease in its revenues to CHF 161.7 million (€149.9m-$162.2m), due in part ...
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Article
An upbeat Herbert Hainer will stay until end of contract
Herbert Hainer, chief executive of the Adidas Group, said at a news agency briefing in Herzogenaurach earlier this month that he would stay in his job until the end of his contract in March 2017, and shared his upbeat mood about next year's prospects for the company.The group's board said ...
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Uefa is considering the use of goal-line technology for the...
Uefa is considering the use of goal-line technology for the Euro 2016 tournament
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Article
Rossignol is launching connected skiing
Rossignol is unveiling a new app and tool for connected skiing, developed in partnership with PIQ, a specialist in components for connected sports. By inserting a PIQ sensor into the strap of a ski boot, skiers are supposed to be able immediately to keep track of their performance. The new ...
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Article
Sports Direct takes flak on governance and working conditions
While investors were underwhelmed by the performance of Sports Direct International (SDI) for the first half of its fiscal year, the company faced yet more criticism over working conditions at its warehouse in Shirebrook. Growing concerns about governance and employee relations have probably contributed to a decrease of more than ...
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Liz Robbins, a co-founder of Royal Robbins and its former...
Liz Robbins, a co-founder of Royal Robbins and its former head of design, is coming back to the company as an adviser, working closely with its newly appointed chief executive, Michael Millenacker
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News briefs
Polartec has decided to close its factory in Lawrence, Massachusetts,...
Polartec has decided to close its factory in Lawrence, Massachusetts, moving its operations to its other plants in Hudson, New Hampshire and Cleveland, Tennessee. The latter was acquired by Polartec in September from United Knitting. The Lawrence factory had been rebuilt by Malden Mills 20 years ago, after being ...
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Article
New chief executive at Stadium
Karl Eklöf, previously in charge of expansion at Stadium, has formally taken over as chief executive of the Swedish sports retailer from the start of December. He replaces Gustav Öhrn, who left Stadium in September after seven years at the helm.Given his long-time involvement in the company, Karl Eklöf is ...
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News briefs
Todd Hymel took over as chief executive of Volcom earlier...
Todd Hymel took over as chief executive of Volcom earlier this month as Jason Steris left the action sports company after many years. Hymel moved from Paris to California in June to become the chief executive of action sports brands at Kering, the French company that owns Volcom along with ...
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News briefs
Nike has teamed up with Stone Island to celebrate in...
Nike has teamed up with Stone Island to celebrate in 2016 “The Year of the Windrunner.” It was back in 1978 that Nike created the Windrunner jacket, which was regarded as revolutionary at the time for its raglan sleeves and 26-degree chevron yoke. NikeLab and Stone Island are now launching ...
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Ispo is launching a sneaker platform called Sneakology. At the...
Ispo is launching a sneaker platform called Sneakology. At the upcoming edition of the trade show, which will take place in Munich on Jan. 24-27, 2016, the sneaker platform will be located in hall A2. Ispo Sneakology will be a space for sneaker brands to showcase their new products to ...
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Article
Sportia buys half of Sportringen
SGN Sportia, the Finnish buying group that acquired a majority stake in Team Sportia last year, has bought half of the shares in another Swedish buying group, Sportringen, which has about 150 relatively small and independent stores in Sweden. While the three buying groups are meant to be run independently ...
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News briefs
Bruno Cercley, the chief executive of Rossignol, participated in a...
Bruno Cercley, the chief executive of Rossignol, participated in a panel discussion at the 2015 World Climate Summit in Paris a few days ago to discuss the prospects of the winter sports industry in a global warming environment. He predicted that the snow will continue to fall, but more erratically, ...
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News briefs
The price of GoPro shares briefly increased earlier this month...
The price of GoPro shares briefly increased earlier this month after an influential U.S. analyst described it as an interesting potential acquisition target for Apple. Dan Ives from FBR & Co reportedly wrote that action cameras were uniquely positioned at the intersection of Apple's smartphone, wearables and multimedia offerings. He ...
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Article
Intersport Germany to lift the share of own brands
Intersport Germany, the largest sporting goods retailer in the country,said it managed a sales increase of 2 percent for the present calendar year as of Dec. 7, when its executive board held its usual annual meeting with the press in Frankfurt. More precise figures for the group's financial year through ...
