All Sporting Goods Intelligence articles in Volume 27, Issue 25-26 – Page 2
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Article
Moncler posts double-digit sales growth
Moncler reported a 17 percent increase in first-half revenues, at both current and constant exchange rates, with revenues reaching €346.5 million, boosted by robust growth in mainland China and Japan. The Italian luxury outerwear maker performed well in all markets in which it operates and across all distribution channels, confirming ...
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Fermun Sport will distribute Jaked's swimwear in Spain
Fermun Sport will distribute Jaked's swimwear in Spain
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Article
Skechers shares tumble as domestic performance disappoints
Skechers' earnings declined by 7.1 percent to $74.1 million in the second quarter ended June 30, missing Wall Street expectations. After the market close on Thursday July 21, the company's share price plunged by 15.3 percent.Revenues showed a lower-than-expected gain of 9.7 percent over the same quarter last year, rising ...
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PhoenixAsset Management Partners has increased its stake in Sports Direct...
PhoenixAsset Management Partners has increased its stake in Sports Direct International to 3.03% of the voting rights
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Nathan has signed up a U.S. Olympic marathoner, Desiree Linden,...
Nathan has signed up a U.S. Olympic marathoner, Desiree Linden, who will use its handheld flasks in training and during the race
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News briefs
Hi-Tec Sports has denied a report in OCC Outdoor that...
Hi-Tec Sports has denied a report in OCC Outdoor that a deal was struck for the Dutch-based footwear company's acquisition by Cherokee, a U.S. clothing and licensing group. Hi-Tec belongs to its founder, Frank van Wezel, after he took the company private again in 2000. Hi-Tec's chief executive and Frank ...
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News briefs
Ispo Shanghai confirmed itself as multi-segment sporting goods show in...
Ispo Shanghai confirmed itself as multi-segment sporting goods show in the Asian market. The number of brands exhibiting at the second edition of the fair, which took place on July 6-8, increased by 32 percent to 470 companies representing about 500 labels. However, the number of visitors declined from nearly ...
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News briefs
Oakley is planning a commercial launch of its first wearable...
Oakley is planning a commercial launch of its first wearable device in October. It will be compatible with Android and iOS platforms. Among other features, the Radar Pace will use voice recognition technology. Oakley will introduce it during the Olympic Games in Rio de Janeiro.
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Article
Weak growth for Columbia
Columbia Sportswear's sales were up by just 2 percent in dollars and local currencies in the second quarter ended June 30, but they still reached a record level of $388.8 million for the period. The variation is not very significant as this is the weakest quarter in the group's financial ...
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News briefs
Dachstein is launching a new color-changing shoe at the OutDoor...
Dachstein is launching a new color-changing shoe at the OutDoor trade show, which will be held in Friedrichshafen, Germany on July 13-16. According to the company, the new model of its Skylite shoe, called Skylite Thermocolor, features heat-sensitive color pigments which change color as the temperature alters.
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News briefs
Peak Sports Products of China may be delisted if a...
Peak Sports Products of China may be delisted if a bid for 38.81 percent of its shares by Xu's Sport Co. is accepted. The offer values Peak at 6,302 million Hong Kong dollars (€733.7m-$812.5m), a premium of 35 percent over the last closing price or nearly twice its annual turnover. ...
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DyStar is setting up a new Global Innovation Center at...
DyStar is setting up a new Global Innovation Center at its factory in Nanjing, China. The 3,000-square-meter facility will include state-of-the-art laboratories for research & development, process technology development and the synthesis and finish of dyes and chemicals for its textile and industrial segments. The new facility will also house ...
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News briefs
Camelbak will be the official hydration sponsor of the Ultra-Trail...
Camelbak will be the official hydration sponsor of the Ultra-Trail du Mont-Blanc (UTMB), running from Aug. 22 to 28 and will provide free, freshly filtered water to the 50,000 attendees expected for the event. Camelbak water stations will be located throughout the UTMB Village in Chamonix, where the brand will ...
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Article
Good progress for Callaway
Callaway Golf reported a 6.5 percent increase in net sales to $246 million in the seasonally important second quarter. The gross margin improved by 0.9 percentage points to 45.0 percent. Operating income rose by 12 percent to $21 million and net earnings jumped by 40 percent to $34.1 million thanks ...
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News briefs
Sports Direct International said it will commence a buyback program...
Sports Direct International said it will commence a buyback program for up to 29,923,243 shares, representing about 5 percent of its share capital, for an aggregate maximum outlay of £89,769,729 (€106,604,549-$118,030,796). Citigroup Global Markets will undertake the buyback in behalf of SDI until the annual general meeting of Sept. 7, ...
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Article
Rossignol in talks to buy Raidlight-Vertical
As part of its plans to diversify its business, the Rossignol Group is in exclusive talks for the potential takeover of Raidlight-Vertical, a French company specializing in products for trail-running and other outdoor pursuits, with 55 employees and a turnover of about €6.5 million for the year until July 2015. ...
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News briefs
Decathlon has started building a new logistics center in Dortmund,...
Decathlon has started building a new logistics center in Dortmund, which should cover about 32,000 square meters and employ up to 700 people. The group already has a warehouse of roughly the same size and 550 employees in Schwetzingen, near Mannheim, but the new facility is to cover stores in ...
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Article
Brands claim their own Euro wins
Nike, Adidas and Puma all claimed victories big and small at the European football championships this month – with Nike ruling the pitch on the night of the final but the two others taking advantage of social media exposure and partnerships with notable players.Nike declined to provide detailed numbers but ...
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News briefs
Deckers Brands plans to change its distribution from an indirect...
Deckers Brands plans to change its distribution from an indirect to a direct mode in Switzerland in the course of the next 12 months. Previously, a local distributor covered the Swiss market, but it has been handled by a sales agent since June. Within the next 12 months, the company ...
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Rollerblade, the inline skating brand that is part of the...
Rollerblade, the inline skating brand that is part of the Tecnica Group, is recalling its Urban helmets because the synthetic material next to the rivets of the safety belts is likely to break
