All Sporting Goods Intelligence articles in Volume 27, Issue 19-20
View all stories from this issue.
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News briefs
Jaked will open two new stores in Milan in July....
Jaked will open two new stores in Milan in July. According to reports in Corriere della Sera, the stores will be located on corso Vercelli and corso Buenos Aires, with plans for more openings in Bologna and Napoli. The Italian sportswear brand, which was established in 2008, is owned by ...
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Article
Nike reshuffles global management roles
Nike has announced a series of general management appointments. The company has named Phil McCartney as vice-president, general manager of Nike Footwear, effective June 1 . McCartney, who has been with Nike for 19 years across multiple categories and geographies, will continue to work with category teams, design, ...
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Short stops
Umbro is replacing Nike as technical sponsor of the French...
Umbro is replacing Nike as technical sponsor of the French SM Caen football team for the next three years
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News briefs
Forum Sport, one of the major Spanish sporting goods retail...
Forum Sport, one of the major Spanish sporting goods retail chains, raised its sales by 5.0 percent to €112.5 million in 2015, a year in which it opened four new stores and closed one. Profits more than doubled to €4.57 million. Sales have been rising for three years in a ...
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Article
More football mega-deals in the making
The prices of European team endorsements are apparently reaching new heights, with reports that Nike is preparing to fork out £60 million (€78.7m-$87.6m) per year for a deal with the Chelsea football club from the 2017/18 season and more than €100 million for Barcelona FC, which would probably make it ...
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Article
Foot Locker reports mixed results
Aside from its Runners Point and Sidestep chains in Germany, which continue to flounder on issues of product assortment, Foot Locker had pretty good results outside the U.S., especially in Canada, during the first quarter ended April 30. Foot Locker Europe had ...
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News briefs
North Sails plans to open its first German store in...
North Sails plans to open its first German store in Hamburg on June 23, to be followed by others in the country. The Italian company already has 45 stores in the rest of the world.
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News briefs
Rolf Schmid, one of the most prominent executives in the...
Rolf Schmid, one of the most prominent executives in the European outdoor industry, is to relinquish his job as chief executive of Mammut Sports Group. The departure has been agreed “by mutual consent,” says a statement from Conzzeta, the Swiss company that controls Mammut. Schmid has been with Mammut since ...
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News briefs
Evasion Running, a specialized Spanish retailer, has gone into receivership,...
Evasion Running, a specialized Spanish retailer, has gone into receivership, according to the Spanish media. The company had already closed two of its stores, in Barcelona and Valencia, leaving it with another store in Valencia and five franchises in Spain and France.
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News briefs
The European sporting goods industry federation, Fesi, is inviting stakeholders...
The European sporting goods industry federation, Fesi, is inviting stakeholders from outside the sporting goods sector to work together to promote participation in winter sports, which is dwindling. Fesi made the proposal at its first “European Winter Summit,” which it organized on May 25 at Flanders' Bike Valley, the European ...
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News briefs
Topshelf, an established Dutch sports retailer with five megastores, has...
Topshelf, an established Dutch sports retailer with five megastores, has pounced on two top locations that became available earlier this year after the bankruptcy of Vroom Dreesman (V D), a major Dutch department store chain. Several Dutch newspapers report that Topshelf has taken over the leases of former ...
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News briefs
Diffusion Sport, the Spanish trade magazine, is organizing a Sport...
Diffusion Sport, the Spanish trade magazine, is organizing a Sport Business Day in the Hotel Esperia in Madrid on Sept. 20 for networking and other purposes. Aside from exhibition stands, there will be conferences and round-table discussions on various topics.
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Article
Sportringen goes to Denmark
Sportringen, the Swedish buying group in which Finland's SGN Sportia bought half of the shares at the end of last year (SGI Europe Vol. 26 N° 41-42 of Dec. 18, 2015), is establishing itself in Denmark. The move comes as Denmark's largest ice hockey store, Skatertown , has become a ...
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Article
New management and record sales for Deckers
Deckers Brands announced that Dave Powers will succeed Angel Martinez as chief executive of the American group following Martinez' retirement, effective May 31, after a long career. He was a co-founder of Keen . He acted as CEO of Rockport , chief marketing officer of Reebok and CEO of ...
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News briefs
New rules on customs valuation in the European Union prompted...
New rules on customs valuation in the European Union prompted the Federation of the European Sporting Goods Industry (Fesi) to organize a webinar on May 31 with Raphael Barazza, a customs lawyer who has a working agreement with the French federation of sporting goods suppliers (Fifas) and has represented Fesi, ...
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Article
Skins puts equity crowdfunding round on hold
Skins , the brand of compression sportswear based in Switzerland, has suspended its equity crowdfunding campaign after major investors expressed interest in obtaining a substantial shareholding in the brand . It had launched a crowdfunding campaign in February this year on Seedrs in the U.K. and Equitise in ...
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Article
Vulcabras continues to improve
Confirming its financial turnaround, the Brazilian company that sells its own shoes under the Azaleia , Dijean , Opanka and Olympikus brands, reported a 17.0 percent increase in net revenues to 251.5 million reais (€62.7m-$70.4m) for the first quarter ended March 31. The gross margin improved to ...
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News briefs
Li Ning Company reports that orders from franchised distributors at...
Li Ning Company reports that orders from franchised distributors at its trade fair held in March, for deliveries in the fourth quarter, moved up at a high single-digit rate compared with the same period in 2015. The increase was driven by low single-digit growth in footwear and a rise at ...
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News briefs
Hickies, the clever shoe lacing system, has enlisted its first...
Hickies, the clever shoe lacing system, has enlisted its first sponsored testimonial. He is Danny Willett, the English golf pro who won the Golf Masters in Augusta, Georgia, in April. The contract was signed just before his victory, so it was reasonably priced. It will include a signature series of ...
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News briefs
Growing interest from Chinese companies in global football could take...
Growing interest from Chinese companies in global football could take another dimension in the coming years as Alibaba Group Holding, the Chinese online retail giant, is reportedly in talks to become a top-level sponsor of Fifa. Bloomberg reported on such discussions based on “people familiar with the matter,” adding that ...
