All Sporting Goods Intelligence articles in Volume 27, Issue 21-22 – Page 5
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News briefs
Adidas has signed sponsorship deals with five of the projected...
Adidas has signed sponsorship deals with five of the projected top picks in the upcoming NBA draft: Brandon Ingram, Jaylen Brown, Jamal Murray, Dragan Bender and Kris Dunn. The German brand says they will help it to develop the world's best basketball gear. They will be featured in brand campaigns, ...
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News briefs
Adidas got some criticism on social media in connection with...
Adidas got some criticism on social media in connection with its initial ads for the promotion of Colombia's jerseys for Copa America. They spelled the country's name as Columbia. The Big a promptly apologized and reissued the ad with the correct spelling.
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Article
Acushnet's owners file for its IPO
The owners of Acushnet have filed an offering with the Securities and Exchange Commission (SEC) that is aiming to raise up to $100 million for the group of investors around Fila Korea that bought the golf equipment company from Fortune Brands for $1.23 billion in 2011.Acushnet is the company behind ...
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News briefs
Implus, the acquisitive U.S. company that owns a raft of...
Implus, the acquisitive U.S. company that owns a raft of sports, outdoor and footwear accessories brands, has snapped up the assets of MCN Solutions in Cape Town, a South African distribution partner for Implus and other sporting goods companies. The move will enable Implus to have its own organization in ...
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News briefs
Cybex International, the fitness company recently acquired by Brunswick Corp.,...
Cybex International, the fitness company recently acquired by Brunswick Corp., parent company of Life Fitness, has broken ground on a $23 million expansion of its manufacturing facility in Owatonna, Minnesota. The extension should double the factory's capacity and add 100 jobs to the existing staff of 324 people.
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News briefs
Hudson's Bay Co. (HBC), the Canadian-based group that acquired Galeria...
Hudson's Bay Co. (HBC), the Canadian-based group that acquired Galeria Kaufhof from the Metro AG group for €2.82 billion including debt last June, has reported a sales increase of 59.4 percent to 3.3 billion Canadian dollars (€2,288.8m-$2,576.0m) in the first quarter of 2016, as compared to the same period of the ...
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News briefs
Woolrich Europe saw internet sales increase by 70 percent during...
Woolrich Europe saw internet sales increase by 70 percent during the past year, and the company expects a 60 percent jump in 2016. The company registered a 4 percent sales increase in the first quarter and forecasts a 10 percent increase for the year. The sales increase is also being ...
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News briefs
Paco Garcia-Ferrández Hernández, the 41-year-old chief executive of Productos Deportivos...
Paco Garcia-Ferrández Hernández, the 41-year-old chief executive of Productos Deportivos Laken, died in a highway accident on June 18, while returning from a golf tournament. Laken, a Spanish company that has been in operation since 1912, produces bottles and containers for drinks and foods in stainless steel and aluminum.
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News briefs
About 7,500 pairs of counterfeit Adidas Yeezy Boost 350 shoes...
About 7,500 pairs of counterfeit Adidas Yeezy Boost 350 shoes were seized by customs at the port of Hamburg. The unbranded shoes came from China and were intended for sale online. Although they were unbranded, they violated trademark law as the design was found to be the same of that ...
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News briefs
Gerald Evans, a 30-year veteran of Hanesbrands who is currently...
Gerald Evans, a 30-year veteran of Hanesbrands who is currently its chief operating officer, will replace Rich Noll, chief executive and executive chairman, on Oct. 1. Among other recent feats, Evans spearheaded the company's development of a low-cost global supply chain and some of its recent acquisitions. Champion Europe was ...
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Short stops
Reiner Gerstner is reportedly planning to leave on Sept. 30...
Reiner Gerstner is reportedly planning to leave on Sept. 30 as group brand and marketing director of the Oberalp Group
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Short stops
Spalding has extended its 28-year-old partnership with the French Basketball...
Spalding has extended its 28-year-old partnership with the French Basketball League for another six years
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News briefs
After record sales in the first three months of 2016,...
After record sales in the first three months of 2016, April presented a setback for sporting goods sales in Sweden, reducing the cumulative growth of the market to 2.5 percent for the first four months of the year. The year started well, with January's sporting goods sales rising by 15.0 ...
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Article
Analysis: The sports equipment market 2015
Excluding other types of products in their portfolios, the major suppliers of branded sports hardware saw their global sales increase by only 1.2 percent in terms of U.S. dollars, reaching a level of $73.4 billion, according to an annual survey by Sporting Goods Intelligence. It was a major slowdown from ...
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Article
Adidas agrees to €200 million extension of its DFB deal
While Adidas is battling it out with Nike and other brands on the sidelines of the European football championships, it has bagged an agreement to extend its partnership with the German football federation (DFB) for four years until 2022, at a cost of about €50 million per year.The agreed annual ...
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Article
European online sales have grown by more than 13%
Online sales in Europe grew by 13.3 percent in 2015, reaching €455.3 billion. About 43 percent of Europeans now shop online, and only 16 percent of them have made cross-border purchases. According to E-commerce Europe, the European online sales confederation, which hosted its annual conference in Barcelona on May 30, ...
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News briefs
Soloporteros, the Spanish sporting goods retail chain with 12 stores,...
Soloporteros, the Spanish sporting goods retail chain with 12 stores, changes its name to Fútbol Emotion. Soloporteros (in English: only for goalkeepers) previously concentrated on offering products for a distinctive group of customers. Today, the Spanish chain offers products for all kinds of football players and other people active in ...
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News briefs
eVent was a sponsor of the 10th annual Alé La...
eVent was a sponsor of the 10th annual Alé La Merckx Granfondo Verona, the cyclist race named after the Belgian cyclist Eddy Merckx, which took place in Verona, Italy on June 12. The 139km race, which is for cyclists who are used to climbing passes, takes participants through the vineyards ...
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News briefs
361 Degrees is offering to buy back 1,430.5 billion yuan...
361 Degrees is offering to buy back 1,430.5 billion yuan renmimbi (€202m-$230m) worth of 7.5% notes issued in September 2014 and maturing on Sept. 12, 2017. The purchase price corresponds to a premium of 3 percent on the value of the notes, listed on the Hong Kong stock exchange. The ...
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News briefs
French customs authorities seized 1,200 fake Spain Euro 2016 jerseys...
French customs authorities seized 1,200 fake Spain Euro 2016 jerseys and shorts in Dunkirk, in northern France, on June 6. The fake kits were found in a truck traveling from the U.K. during an inspection at the Eurotunnel site. The driver presented the agents commercial documents on the transportation of ...
