All Sporting Goods Intelligence articles in Volume 27, Issue 29-30 – Page 2
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Short stops
Elan has extended its sponsorship contract with Glen Plake, the...
Elan has extended its sponsorship contract with Glen Plake, the popular 51-year-old American freerider, who will act as brand ambassador and continue to participate in its R&D efforts
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News briefs
Ocean freight containers are reportedly sitting unattended at ports in...
Ocean freight containers are reportedly sitting unattended at ports in the U.S. and Europe as one of the world's major freight forwarders, Hanjin Shipping of South Korea, has filed for insolvency. Hanjin has also filed for bankruptcy protection from creditors in a U.S. The company has liabilities equivalent to $6.0 ...
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Article
Strong progress at Craft’s parent company
Reaching a new record for the quarter, the New Wave Group raised its total revenues by 6 percent to 1,257 million Swedish kronor (€132.5m-$148.2m) for the second quarter ended June 30, with growth of 8 percent in local currencies.It was a particularly strong performance in view of the fact ...
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News briefs
Creditors have given Performance Sports Group (PSG), parent company of...
Creditors have given Performance Sports Group (PSG), parent company of Bauer and other brands, an extension from Oct. 5 to Oct. 28 to file its financial statements for the financial year ended May 31, pending an internal investigation of its accounts and those being conducted by U.S. and Canadian regulatory ...
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News briefs
Officials of Intersport France decline to comment until next Tuesday...
Officials of Intersport France decline to comment until next Tuesday about a report in sport-guide.com that Corinne Gensollen, 48, will be the new general manager of the French retail group. She would take the place of François Neukirch, who is planning to start up his own Intersport store at Herblay ...
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News briefs
China Dongxiang says that a clearer positioning and an improved...
China Dongxiang says that a clearer positioning and an improved product mix for its online sales channel have helped to raise its sales by 8.9 percent to 650 million yuan renminbi (€86.4m-$97.3m) for the first half of this year. The Chinese sportswear group, which owns Phenix and rights to the ...
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News briefs
Oliver Wöhrl has given up as chief executive of Wöhrl,...
Oliver Wöhrl has given up as chief executive of Wöhrl, a major German department store chain owned by his family that is trying to avoid insolvency proceedings after applying for bankruptcy protection for one of its subsidiaries. The head of the supervisory board, Andreas E. Mach, is taking over his ...
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News briefs
Stadium, Sweden's largest sporting goods chain continues to switch its...
Stadium, Sweden's largest sporting goods chain continues to switch its management. Magnus Wåhlander will now be leaving his role as country manager in Sweden and become instead HR Director in charge of all personnel within the international retail chain. The new Swedish country manager is Mattias Johansson. He joined Stadium ...
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News briefs
Joma has converted its store in the Xanadù shopping center...
Joma has converted its store in the Xanadù shopping center of Madrid to its main brand store, after a major renovation. The brand has 14 stores all over Spain. They will grow to 15 by the end of this year.
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News briefs
Puma has struck an endorsement deal with Petr Cech, the...
Puma has struck an endorsement deal with Petr Cech, the goalkeeper at the Arsenal football club, who holds the record for the largest number of games with a clean sheet in the Premier League. The company says the former Czech national team's captain, who was previously with Adidas, is the ...
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News briefs
Björn Borg has chosen Patrik Nilsson as the next Game...
Björn Borg has chosen Patrik Nilsson as the next Game Changer Ambassador for the brand. The 24-year-old athlete from Sweden is an Ironman record holder and two-time Ironman Champion. Nilsson is a former swimmer who later got into running, and then to triathlon. He holds the Swedish Ironman record of ...
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News briefs
Thule has introduced the new EasyFold XT bike carrier, an...
Thule has introduced the new EasyFold XT bike carrier, an evolution of the EasyFold. The mounting of the new EasyFold XT on the towbar is said to require minimum effort thanks to the innovative coupling. Once the bikes are loaded, the trunk of the car remains accessible thanks to a ...
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Article
SurfStitch reports a big loss for the year
SurfStitch is under pressure after reporting a loss of 154.7 million Australian dollars (€104.5m-$117.8m) for its continuing operations for the year ended June 30, up sharply from the previous year's loss of A$17.6 million, despite registering an increase of 18.2 percent in revenues to A$235.6 million which was mainly due ...
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Article
Billabong performs best in Europe
Currency headwinds and higher taxes have wiped out Billabong International's profits, with the company posting a net loss of 23.7 million Australian dollars (€16.1m-$18.0 m) for the financial year ended June 30, 2016, compared with a gain of A$4.2 million in the previous year. Although the Australian surf giant continued to ...
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Article
Recco is now being used year-round
Recco has hired Marcus Löwgren to act as global sales manager, based in Stockholm. One of his tasks will be to move the avalanche system provider to a year-round outdoor application, assisting people even when there is no snow.Löwgren comes from IBM. He previously co-founded a talent match-making services ...
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News briefs
Mizuno has been named as Official Supplier of golf equipment...
Mizuno has been named as Official Supplier of golf equipment of the 2016 “British Masters supported by Sky Sports,” which will be hosted at The Grove in Hertfordshire, U.K., on Oct. 13-16. Mizuno will showcase its latest product ranges in the spectator village, and spectators will have an opportunity to ...
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News briefs
New Balance will replace Umbro as the sponsor of the...
New Balance will replace Umbro as the sponsor of the Everton football club in the U.K. The brand has also taken the place of Nike as sponsor of Kevin Mirallas, the Belgian champion who is playing for the British team.
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News briefs
Wintersteiger, the Austrian manufacturer of ski maintenance and service machinery...
Wintersteiger, the Austrian manufacturer of ski maintenance and service machinery and storing solutions, appointed Florestan von Boxberg, 54, as its new chief executive, or head of its board of management. He takes the place left vacant a year ago by the departure of Reiner Thalacker. Von Boxberg worked as project ...
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Article
Zumiez buys an Aussie retailer
Zumiez has acquired Fast Time Skateboarding, an Australian specialty retailer for skateboards and other related hardware, apparel and footwear products, founded in 2008 and based in Melbourne, that operates five physical stores and an e-commerce website. It is paying $6.9 million for the purchase, including $5.5 million in cash and ...
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Short stops
Under Armour sees outlet stores as a major priority for...
Under Armour sees outlet stores as a major priority for its development in Europe
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