All Sporting Goods Intelligence articles in Volume 27, Issue 27-28 – Page 3
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Article
New Balance takes more control in Europe
Like many of its competitors, New Balance is striding ahead with its new policy of taking greater control of the distribution at the wholesale and retail level in Europe. After taking over the distribution in Italy last year, the American brand has announced its acquisition of Alfico, which has been ...
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News briefs
Wolverine Worldwide's board of directors has authorized a new stock...
Wolverine Worldwide's board of directors has authorized a new stock repurchase program for up to $300 million, replacing the balance of a program it had approved in 2014. The company will also issue 10-year bonds with a face value of $250 million that will help redeem a series of outstanding ...
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News briefs
EFFTA, the European fishing tackle industry association, confirms that Budapest...
EFFTA, the European fishing tackle industry association, confirms that Budapest will be the venue for its annual EFTTEX show next year, followed by Amsterdam in 2018, and that it is looking at other potential venues for 2019 and 2020. Reportedly, exhibitors prefer Amsterdam, but the organizers indicate that it is ...
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Article
Asics Europe’s growth softens
Asics' sales in Europe, the Middle East and Africa (EMEA) rose by 6 percent to €445 million in the first half of 2016, driven by Asics Tiger, the brand's lifestyle sneakers, and an 8.6 percent increase in running shoes. Helping to double its turnover in five years, Asics Europe had ...
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Article
Decathlon invests in Asia and online retailing
Decathlon is continuing to expand its online and international business, with a strategy that makes use of diverse retail options to move into new emerging markets and to expand its reach in established markets such as the U.K. and Norway. Among the latest moves, Decathlon told reporters after the formal opening ...
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News briefs
Willy Bogner has appointed two new members to its executive...
Willy Bogner has appointed two new members to its executive board. Both of them have worked at Hugo Boss before, among other stations. One of the new members is Christian Ender, who joined Bogner at the beginning of this year to act as international sales manager. He will be responsible ...
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News briefs
Sole Technology has appointed Esmail Mawjee as interim president of...
Sole Technology has appointed Esmail Mawjee as interim president of the company. Sole Technology's brands include Etnies, éS, Emerica, Altamont, ThirtyTwo and STI Lab. In his new position, Mawjee will report directly to the owner and chief executive officer, Pierre-André Senizergues. Mawjee most recently served as president of the Active ...
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Article
On launches apparel
On, the fast-growing Swiss-based brand of running shoes, has launched its first line of functional running clothing. Consisting of only eight “essential” items for men and six for women, it is being made available to customers this month in distinct brand areas at only 80 selected, top-end generalist sports retailers ...
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Short stops
Anta Sports is partnering with Noble Biomaterials to use its...
Anta Sports is partnering with Noble Biomaterials to use its XT2 odor management technology in mainland China
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Article
Another poor quarter for Black Diamond
Black Diamond saw profits and margins dive further in the second quarter, as the company faced foreign exchange challenges and higher manufacturing costs. The American maker of climbing gear and apparel posted revenues from continuing operations down by 3.0 percent over the year-ago quarter to $29.1 million. Excluding the impact ...
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News briefs
Compass Diversified Holding (Codi) has announced it has raised around...
Compass Diversified Holding (Codi) has announced it has raised around $63 million in total net proceeds following the sale of 3.5 million shares in Fox Factory Holding Corp., a maker of high-performance suspension systems for mountain bikes and off-road vehicles, in a secondary offering that also involves other shareholders. BofA ...
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News briefs
Wolverine Worldwide has announced the appointment of Mike Jeppesen, the...
Wolverine Worldwide has announced the appointment of Mike Jeppesen, the current president of its Global Operations Group, to an expanded role as president of the Wolverine Heritage Group, which includes the Wolverine, Harley-Davidson, Bates, and HyTest brands. He takes over from Ted Gedra, who has recently retired after 30 years ...
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News briefs
Lululemon has announced the resignation of Rhoda Pitcher effective Aug....
Lululemon has announced the resignation of Rhoda Pitcher effective Aug. 3. Pitcher is the longest-serving board member whose very existence as a real person was questioned this summer by an article in TheStreet.com. A reporter from the news outlet was allegedly unable to reach her and questioned her educational credentials, ...
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News briefs
Patagonia has announced that its Nano Puff styles will now...
Patagonia has announced that its Nano Puff styles will now use PrimaLoft Gold Insulation Eco, an eco-friendly synthetic insulation made with 55 percent recycled content. PrimaLoft presented Gold Insulation Eco at the recent OutDoor exhibition in Friedrichshafen in mid-July. PrimaLoft Gold Insulation Eco will be featured exclusively in the Nano ...
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News briefs
Speedo has announced the launch of a new website for...
Speedo has announced the launch of a new website for China – speedo.com.cn – to meet the rapid growth of the local swimwear market. The company said the preparation for the launch required 18 months of collaborative work between its teams at its Nottingham headquarters, in the U.K., Hong Kong, ...
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News briefs
Bridgestone Golf has hired Angel Ilagan as president and chief...
Bridgestone Golf has hired Angel Ilagan as president and chief executive, responsible for overseeing all aspects of the specialty sports-equipment maker's core business functions, including product planning, sales, marketing and customer operations. Ilagan comes with broad experience in marketing and luxury goods. Before joining the Covington, Georgia-based subsidiary of Bridgestone ...
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News briefs
Ecco Golf has announced the appointment of Andrzej Bikowski as...
Ecco Golf has announced the appointment of Andrzej Bikowski as its new lead designer, effective Aug. 15. Most recently, he was head of the design team at Ecco Sport. As an expert in industrial design and the shoe making process, Bikowski has worked at a number of lifestyle and sports ...
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Short stops
Noah and Josephus Lyles, two American teenage brothers who have...
Noah and Josephus Lyles, two American teenage brothers who have been competing on college running events, have signed eight-year sponsorship deals with Adidas
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Short stops
Lululemon, which already has six stores in the U.K., has...
Lululemon, which already has six stores in the U.K., has opened its first department store concession at Harrods in London
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Article
Alpargatas' sporting goods business shrinks, rubber sandals explode
Strong sales under the Havaianas brand in Brazil helped Alpargatas to raise its total revenues by 8.4 percent to 1,010 million reals (€281.0m-$316.9m) for the quarter ended June 30. Domestic sales were up by 18.5 percent over the year-ago quarter to R$570.5 million (€158.9m-$179.0m), despite a backdrop of low consumption ...
