All Sporting Goods Intelligence articles in Volume 27, Issue 25-26 – Page 4
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News briefs
BRG Sports has announced the appointment of Dan Arment as...
BRG Sports has announced the appointment of Dan Arment as its new chief executive. He replaces Terry Lee, who will become a strategic adviser to the company and continue to serve as executive chairman. In addition, Arment has been promoted to chief executive of Riddell, the company's core football brand. ...
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News briefs
Rapala has announced the appointment of Jorma Kasslin, currently chief...
Rapala has announced the appointment of Jorma Kasslin, currently chief executive officer, as full-time executive chairman of the board, while the current deputy chief executive officer, Jussi Ristimäki, has been promoted to president and chief executive officer. Ristimäki's previous responsibilities as chief financial officer will be shared between Anu Koskinen ...
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News briefs
Shimano has announced that its recently expanded bike distribution center...
Shimano has announced that its recently expanded bike distribution center in Poznan, Poland, will also be used to deliver fishing tackle products to Polish dealers next year. Bike components and fishing tackle distribution will be combined under one organization effective Feb. 1, 2017. Until then, Normark Polska will continue to ...
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News briefs
Billabong International has announced the settlement of a litigation initiated...
Billabong International has announced the settlement of a litigation initiated in 2015 by shareholders who acquired shares in the company between February and December 2011. Billabong says the case will cost it 45 million Australian dollars (€30.5m-$33.7m) but will have no material impact on its results.
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News briefs
Timberland, a brand of VF Corp., has announced a program...
Timberland, a brand of VF Corp., has announced a program to restore and create green spaces in five U.S. cities by 2020. Each year for the next five years, the brand will choose a different city with a Timberland store, beginning with New York City, and will match its retail ...
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Short stops
Fusalp has opened a store in Annecy, the French town...
Fusalp has opened a store in Annecy, the French town where the brand was born in 1952
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News briefs
Birkenstock, which is enjoying a boom in the American shoe...
Birkenstock, which is enjoying a boom in the American shoe market, has notified Amazon that it will stop supplying it from next January. It has also asked its authorized dealers not to offer Birkenstock shoes on its marketplace. According to CNBC, Birkenstock has found it impossible to supervise the distribution ...
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Article
Amer Sports ups investments
The Amer Sports group predicts a small decline for this year in the sales of its winter sports equipment, comprising the Atomic and Salomon brands, after the unfavorable previous winters and a 3 percent drop in orders for the coming season. But this comes after a sales hike in the ...
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News briefs
Amer Sports has appointed Emilio Morabito as vice president in...
Amer Sports has appointed Emilio Morabito as vice president in charge of commercial portfolio management for Europe, the Middle East and Africa (EMEA), replacing Markus Ense who left at the end of June after appointing several field sales managers and strategic account managers who are now working with the sales ...
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News briefs
Confirming reports that have already appeared in several countries, Michelin...
Confirming reports that have already appeared in several countries, Michelin Technical Soles says that it has won over a new partner, Mizuno. The Japanese brand is coming out with three models of trail running shoes for medium and long distances, equipped with two different soles developed in cooperation with the ...
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News briefs
Ahead of the release of its first-half results on Sept....
Ahead of the release of its first-half results on Sept. 13, JD Sports Fashion said its strong performance continued after its positive trading statement of June 17. If the situation continues, the company should deliver headline pre-tax profits for the year ending next Jan. 28 in the upper half of ...
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Article
Shimano revises guidance down after disappointing half-year
Shimano lowered its guidance for the full year after posting weak results for the first six months of 2016, with revenues down by 15.3 percent to 166,400 million yen (€1,431m-$1,540m), due entirely to a drop in the bicycle components segment.The company's gross margin remained stable at 41.1 percent, but the ...
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Article
Weak quarter for Timberland affects VF sales guidance
The outdoor and action sports business at VF Corp brought in mixed results for the second quarter ended July 2, combining sales increases for The North Face and Vans, and a decline for Timberland, caused by the Americas and Asia-Pacific.The group said it was broadly on track but the Timberland ...
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Article
Didriksons adjusts its product segmentation Didriksons has started to segment its product line more strictly than before, dividing it into two categories – Originals and Sportswear. For the first
The collection will be clearly subdivided from autumn/winter 2017/18. In the past few seasons, the Originals line has been expanded from 20 to up to 100 different styles. It is distributed among fashion retailers and wholesalers, whereas the Sportswear line is directed at the sporting goods and outdoor retail market.To ...
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Article
Adidas raises its guidance
A few days before it was due to announce its quarterly performance on Aug. 4, the Adidas Group raised its guidance for the full year, on the back of a 13 percent sales increase to €4.4 billion in the three months to the end of June, and an operating profit ...
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Article
Adidas opens up and gets faster
The Adidas Group wants to get more creative talent involved in its product development, to invest over-proportionally in key cities and to speed up its production, in order to get closer to consumers. The initiatives form the three pillars of Creating the New, the strategic five-year plan unveiled by Adidas ...
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Article
Adidas expands head office to support ongoing growth
Adidas has recently laid the foundation stone for two new staff buildings at its headquarters in Herzogenaurach. “Campus Expansion South” is to include a new office building for more than 2,000 employees as well as an events building with a restaurant for the employees. The expansion will also involve the ...
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News briefs
Confirming an article in Boardsports Source, Adidas says it is...
Confirming an article in Boardsports Source, Adidas says it is building up a dedicated action sports team for Europe, the Middle East and Africa (EMEA) under the Adidas Originals umbrella, servicing primarily the skate and snowboard community. The Western Europe unit has been run since last year by Bjorn Wiersma, ...
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News briefs
Adidas has filed a new intellectual property lawsuit in the...
Adidas has filed a new intellectual property lawsuit in the U.S. District Court for the state of Oregon against Skechers, claiming that the design of the latter's “Mega Flex” shoe infringes on its “Springblade” concept. Last February, Adidas won a preliminary injunction against Skechers in another Oregon court case over ...
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News briefs
Adidas has announced that Benjamin Proud and Andrew Willis have...
Adidas has announced that Benjamin Proud and Andrew Willis have joined its team of swimmers, only a few weeks ahead of the Rio Olympics. The two British swimmers will wear the recently launched adizero XVI swimsuit. Proud, aged 19, won two gold and a bronze medal at the 2014 Commonwealth ...
