All Sporting Goods Intelligence articles in Volume 26, Issue 41-42 – Page 3
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Article
Jarden merges into Newell Brands
Newell Rubbermaid, the parent company of many consumer brands including Rubbermaid, Parker and Waterman, will acquire Jarden Corporation at about $60 a share, including $21 in cash and the balance in shares, and take over its debt of $5.2 billion. The purchase price is 25 percent higher than Jarden's share ...
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Article
Rossignol in talks to buy a high-end cycling brand, Time
The Rossignol Group is in exclusive talks for the acquisition of Time Sport International, an upmarket French sports bicycle supplier with a turnover of about €12 million, the French ski company announced earlier this month. Rossignol has been searching for ways to expand into summer sports equipment category for about ...
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News briefs
Bollé is launching its first line of cycling helmets, starting...
Bollé is launching its first line of cycling helmets, starting with two models, one for serious riders and the other for urban riders and commuters. The two products can be combined with the brand's high-performance sports eyewear and with its more casually styled models.
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News briefs
Björn Borg has terminated partnerships with distributors for the Netherlands,...
Björn Borg has terminated partnerships with distributors for the Netherlands, Belgium and Luxembourg. It wants to directly handle distribution in these markets, which are significant for the Swedish brand of underwear and sports apparel. The rights are currently held by the Baseline Group, consisting of Dutch Brand Management (DBM) in ...
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News briefs
Bike Europe reports that the European Court of Justice has...
Bike Europe reports that the European Court of Justice has ruled in favor Giant's request to overrule the European Council's decision to charge anti-dumping duties on the bicycles imported into the European Union from its factories in China. The EU has two months to appeal the verdict. Two other big ...
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Short stops
Paul März has resigned as exhibition director of Ispo Beijing...
Paul März has resigned as exhibition director of Ispo Beijing and Ispo Shanghai, and he has not yet been replaced
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News briefs
New Balance has kicked off a month-long campaign for December...
New Balance has kicked off a month-long campaign for December in recognition of Giving Tuesday, a global day of giving fueled by social media, now in its fourth year. For each #NBgivesback Twitter or Instagram post presenting a consumer's shoe donation to an organization of their choice, the brand will ...
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News briefs
On the back of relatively strong trading in the last...
On the back of relatively strong trading in the last two months, the board of the JD Sports Fashion group predicts that its profit before tax and exceptional items for the current financial year is likely to reach £10 million more than market expectations of £125 million (€172.1m-$189.5m). The board ...
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Short stops
Decathlon has been testing the Australian market through a web...
Decathlon has been testing the Australian market through a web store supported by communication through the social media since the start of 2014, sportguide.com has revealed
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News briefs
Poc is hosting an online auction to raise money and...
Poc is hosting an online auction to raise money and awareness for Spinalis, a charitable foundation which works to promote research and treatment development in the field of spinal cord injuries. Besides a one-of-a-kind Argon 18 Time Trial/Triathlon bike, the Swedish maker of skiing and cycling helmets, apparel and accessories ...
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News briefs
New Balance is taking over as official athletic footwear and...
New Balance is taking over as official athletic footwear and apparel partner of the New York City Marathon from 2017, as part of an agreement that involves support of many other activities by New York Road Runners (NYRR), the marathon's organizers. This will put an end to a sponsorship deal ...
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News briefs
Ash Jaising, a long-time market researcher who was best known...
Ash Jaising, a long-time market researcher who was best known in the U.S., died in his home town of Mumbai at the age of 64, after cutting his leg and suffering a blood infection. He conducted a lot of market research in the U.S. and elsewhere for nearly 20 years, ...
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News briefs
Arc'teryx is entering two new product categories. The brand has...
Arc'teryx is entering two new product categories. The brand has introduced an anti-avalanche backpack, called Voltair, which is equipped with an airbag with a centrifugal blow. The airbag is powered by a rechargeable battery that allows it to be used many times over. Arc'teryx is also coming up with a ...
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News briefs
Dorel Sports has appointed Morgan Meredith as Cannondale's global mountain...
Dorel Sports has appointed Morgan Meredith as Cannondale's global mountain bike marketing manager. He will drive the global marketing and communication strategy for the Cannondale mountain bike segment and Cannondale suspension technology. Meredith joins Dorel Sports from Mission Workshop, where he was the marketing director. In addition, the company has ...
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News briefs
Spy has applied at the U.S. Securities and Exchange Commission...
Spy has applied at the U.S. Securities and Exchange Commission to deregister its shares from the OTC BB stock exchange. As a result, the American sports eyewear firm will no longer have to file quarterly or annual financial statements with the agency. Its shares should continue to be quoted on ...
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Article
Rossignol diversifies, trades up in apparel
Rossignol is determined to make a strong statement in the broader functional apparel sector, in the wake of successful brands such as Kjus and Moncler. It will come out with three lines of clothing for the autumn/winter 2016/17 season for sale in sports and fashion stores as well as in ...
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Article
Female apparel drives sportswear sales growth in the U.K.
Sportswear sales in the U.K. are expected to reach £6 billion (€8,259m-$9,025m) by the end of the year according to Key Note, a British online resource offering market and industry reports, and the anticipated growth will be driven by sales of female apparel, which rose by 11 percent in volume ...
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Short stops
Skechers will partner with Fitbit to create a new app...
Skechers will partner with Fitbit to create a new app for its sponsored Los Angeles Marathon, with a GPS-enabled map for runners and spectators
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News briefs
In yet another twist of the drawn-out legal battle around...
In yet another twist of the drawn-out legal battle around the sale of Adidas by Bernard Tapie to investors around Robert Louis-Dreyfus in 1993, the French businessman has been ordered by the appeal court in Paris to reimburse €404.6 million to the French state. Alleging that he was duped by ...
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News briefs
Brunotti has announced two new members for its team riders:...
Brunotti has announced two new members for its team riders: the big wave rider Brett Burcher from Austria and this year's freestyle world champion of the Professional Windsurf Association (PWA), Dieter van der Eyken from Belgium. Along with other members of the team, they will help develop the new ...
