All Sporting Goods Intelligence articles in Volume 26, Issue 41-42 – Page 4
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News briefs
Paul Fowler has been appointed as Animal's managing director, starting...
Paul Fowler has been appointed as Animal's managing director, starting from the beginning of next year, after several years as an executive director in the branded apparel and fashion business, with brands such as Ben Sherman and Nicole Farhi. Fowler said in a statement that he was taking up the ...
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News briefs
Pou Chen is among the companies that have increased production...
Pou Chen is among the companies that have increased production in Vietnam in view of the duty-free benefits of the Trans Pacific Partnership (TPP) free trade agreement. According to reports in The Nikkei Asian Review, the athletic shoe manufacturer made 39 percent of its shoes in Vietnam in 2014, as ...
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News briefs
SIA, the American snow sports show, will move its dates...
SIA, the American snow sports show, will move its dates from January to Dec. 5-7 as of 2017, but it will continue to be held in Denver. It will run from Tuesday through Thursday, allowing retailers to remain in their shops during the weekend. Ski Industries of America said it ...
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News briefs
Amer Sports' board of directors has approved a Performance Share...
Amer Sports' board of directors has approved a Performance Share Plan and a Restricted Stock Plan as incentives for key employees. The first one will allow about 250 people to earn rewards in cash and Amer shares, up to a maximum of 1.1 million shares, based on the ...
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News briefs
Alexander Nehls has been appointed international marketing director for Dynafit,...
Alexander Nehls has been appointed international marketing director for Dynafit, based at the company's head office in Ascheim, Germany. He was previously the global senior sports marketing manager for Adidas Outdoor.
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News briefs
The European Union has finalized its free trade agreement with...
The European Union has finalized its free trade agreement with Vietnam. Starting in 2018, 99 percent of all import duties and export duties affecting bilateral trade are going to be phased out over a seven-year period. The FTA will make it easier and cheaper to import shoes from Vietnam into ...
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News briefs
Umbro has signed a sponsorship agreement with FC Nürnberg, a...
Umbro has signed a sponsorship agreement with FC Nürnberg, a second-division team in Germany, for the next five years, taking the place of Adidas. The team had already been wearing Umbro jerseys until 1968. The brand is currently outfitting more than 100 professional teams including PSV Eindhoven, FC Everton, West ...
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Short stops
Wolfgang Schnellbügel, who left a few months ago as managing...
Wolfgang Schnellbügel, who left a few months ago as managing director of Sport 2000 International, is now running the French subsidiary of Rohde, a German shoe brand
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Philippe Dourcy is leaving after ten years as communication director...
Philippe Dourcy is leaving after ten years as communication director of Decathlon for a new, yet unspecified mission with the French-based sport retailer
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News briefs
After re-launching its Montant line of pullovers, made in France,...
After re-launching its Montant line of pullovers, made in France, Fusalp is adding a ski helmet in three colors to its product range, starting immediately, at a retail price of €395. The A-certified helmet comes with an integrated multi-color and photochromic goggle and with removable leather ear protectors. An Italian ...
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Article
Adidas tries to deal with margin pressure
As labor costs are seen rising at a compound annual rate of 13 to 15 percent, and material costs by between one and four percent a year through 2020, the Adidas Group has told investors that it is rearranging its sourcing strategy, while adjusting its product mix and planning significant ...
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News briefs
Herbert Hainer, chief executive at the Adidas Group, denied a...
Herbert Hainer, chief executive at the Adidas Group, denied a report in The New York Post that it was preparing a sale of Reebok CCM Hockey in another effort to simplify its business. He acknowledged in a press briefing earlier this month that several parties were interested in the ice ...
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News briefs
Adidas has plans to open a flagship store opposite the…
Adidas has plans to open a flagship store opposite the Selfridges department store on Oxford Street in London. Pre-letting agreement has been inked and consultations have started with the local community and stakeholders. If the plans are approved, the flagship store in this prestigious location could open in 2018. The ...
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David Featherman, president of Escalade Sports, will add the role...
David Featherman, president of Escalade Sports, will add the role of chief executive, replacing Robert J. Keller who has left the company
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News briefs
Implus, the acquisitive U.S. company that owns numerous sports, fitness...
Implus, the acquisitive U.S. company that owns numerous sports, fitness and footwear accessories brands, has enlarged its fitness category to form the Implus Fitness & Wellness Division, after the purchase of Trigger Point Performance, Harbinger Fitness and Fuel Belt earlier this year. The move is meant to accelerate expansion in ...
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News briefs
Adidas has announced the acquisition of a new building next...
Adidas has announced the acquisition of a new building next to its campus in North Portland, Oregon as part of an expansion of its North American operations. It will accommodate about 150 employees on 25,000 square feet of office space, adding to the five existing buildings of the local Adidas ...
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News briefs
Footwear News has given this year's Lifestyle Achievement Award to...
Footwear News has given this year's Lifestyle Achievement Award to Robert Greenberg, founder of LA Gear and Skechers USA. He invested initially in hair salons, denim and roller skates. He then moved into the footwear sector after relocating from Boston to Los Angeles in 1978. Founded in 1979, LA Gear ...
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News briefs
Sports participation in the U.K. continues to rise, according to...
Sports participation in the U.K. continues to rise, according to the latest Sport England Active People Survey. The study, which covers the period between Oct. 2014 and Sept. 2015, reveals that 15.74 million people aged 16 and over played at least 30 minutes of sport at moderate intensity at least ...
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News briefs
According to recent data by Sports Marketing Surveys (SMS), football...
According to recent data by Sports Marketing Surveys (SMS), football participation in the U.K. peaks in popularity among 6-13s, with more than a third playing. From this point the percentage of participants drops steadily to 13 percent at age 18. It holds steady between 25 and 44, and finally falls ...
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Mark Venedetti, a former finance director of Abercrombie & Fitch,...
Mark Venedetti, a former finance director of Abercrombie & Fitch, has become the new chief financial officer of Performance Sports Groups, taking the place of Amir Rosenthal who has been president of PSC Brands since May
