All Sporting Goods Intelligence articles in Volume 27, Issue 31-32 – Page 2
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Article
SDI responds to investor calls for independent governance review
Sports Direct International (SDI) is apparently complying with requests from influential shareholders who called for a review of governance at the beleaguered British sports retail group to be more independent. SDI said this morning that a full review on working practices and corporate governance would be led by an independent ...
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Article
Hi-Tec’s owner buys Duca del Cosma
Frank van Wezel, the founder and owner of Hi-Tec Sports, has purchased and relaunched Duca del Cosma, the formerly German-based golf footwear brand that filed for bankruptcy last year. He has appointed a team to lead the brand from an office with warehouse near Amsterdam, and has started distribution again.Duca ...
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Article
Bumper results for JD Sports Fashion
As it continues to expand in Europe and other international markets, JD Sports Fashion delivered bumper results for the 26 weeks to July 30, with a 20 percent hike in sales to £970.6 million (€1,127.2m-$1,259.4m) and profit before tax and one-off items soaring by 66 percent to £77.4 million (€89.9m-$100.4m). The ...
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News briefs
Matt, a Spanish brand of gloves, headbands, caps, hats, scarves...
Matt, a Spanish brand of gloves, headbands, caps, hats, scarves and other accessories for winter and outdoor sports, has been acquired by Excens, a Spanish group involved in sports and logistics. Synergies are expected with two of its brands, TRS Motorcyles and Hebolution Parts (or just Hebo), which stand for ...
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News briefs
Casall, the Swedish fitness brand, is returning to the Dutch...
Casall, the Swedish fitness brand, is returning to the Dutch and Belgian markets through a distribution agreement that started earlier this year with the Flow Sports Group. This Dutch-based company sells its own equipment brand as well as Casall and Gaiam products. The Dutch customers include Topshelf, the chain of ...
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News briefs
Joma has launched a new brand campaign entitled “Exercise your...
Joma has launched a new brand campaign entitled “Exercise your freedom.” The core message of the campaign, which goes beyond sport, focuses on the importance of pursuing freedom in any situation. The campaign first appeared in Spain on Sept. 12, both on national TV and digital channels, and will be ...
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Article
Halfords’ results are boosted by the weather and the Olympics
Halfords Group's bike sales struggled last year due to a wet summer but sales rebounded this year in the seven weeks to Aug. 20, thanks to the hot summer and the success of Halfords' Olympic cycling athletes. Halfords has deals with Bradley Wiggins and Laura Trott, both of whom won ...
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Short stops
A book released in Italian bookshops tells the history of...
A book released in Italian bookshops tells the history of Manifattura Valcismon, which started up near Belluno 70 years ago is now a leading in cycling, Nordic skiing and mountaineering clothing through its brands Sportful, Castelli and Karpos
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News briefs
ZEG, the biggest cooperative of independent bike dealers in Europe,...
ZEG, the biggest cooperative of independent bike dealers in Europe, has announced that it will pull out of the Eurobike show in Friedrichshafen. It will invest more of its resources in the ZEG Bike Show in its home town of Cologne, opening it up to non-members. Its next show is ...
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Article
Some big retailers outperform the market
Except for Sports Direct International (SDI), which performed badly in Austria, international-oriented sports retailers performed relatively well overall, due in part to the opening of new stores. As previously reported, Intersport International, whose core business is in Europe, grew by 5.1 percent to €11.03 billion after VAT in 2015. Sport ...
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News briefs
Moncler's were the best-performing stock in Milan's FTSE MIB -...
Moncler's were the best-performing stock in Milan's FTSE MIB - the index of the 40 most-traded stock classes on the exchange - on Sept. 15, with a 3.8 percent gain, following rumors of a possible investment in the Italian luxury clothing brand by Fosun International. Fosun, founded in 1992 by ...
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Short stops
Callaway Golf has launched a new series of Big Bertha...
Callaway Golf has launched a new series of Big Bertha OS irons that feature a new and very interesting Exo-Cage clubhead construction
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News briefs
The first flagship store of Bergans of Norway recently opened...
The first flagship store of Bergans of Norway recently opened its doors, covering 800 square meters on two floors at a strategically location near Oslo's City Hall. It displays the entire product range of the Norwegian company - both hardware and softgoods. The store is meant to portray Bergans as ...
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News briefs
Incentives for fitness participation are being introduced in France for...
Incentives for fitness participation are being introduced in France for companies subscribing to a new collective insurance policy for their employees, called Generali Vitality. The contract is a partnership between Generali and Discovery, a South African insurance company that has reportedly made similar deals with Prudential Insurance in the U.K., ...
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News briefs
On paper, July seems to have been a weak month...
On paper, July seems to have been a weak month for sporting goods retailers in Sweden as their sales fell by 0.2 percent as compared to the same month a year ago. It was a show of strength, however, considering that sales had risen by a full 13.4 percent in ...
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News briefs
Head has been named an international partner of the Davis...
Head has been named an international partner of the Davis Cup by BNP Paribas. As part of its new three-year agreement with the International Tennis Federation, starting January 2017, Head will produce and sell Davis Cup-branded tennis balls throughout the world. The Davis Cup, which was instituted in 1900, is ...
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News briefs
Bauer Hockey has signed up four world-standard female hockey players....
Bauer Hockey has signed up four world-standard female hockey players. The brand will also run ten women-only First Shift events throughout Canada this season. Introduced three years ago, this kind of event is designed to attract new players to the sport.
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News briefs
Major League Baseball has opened its first stand-alone space in...
Major League Baseball has opened its first stand-alone space in Europe as a pop-up store in the Covent Garden district of London. It will stay open until the end of this year. Reportedly, MLB was going to hold a professional game in London before the end of 2017, but the ...
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Short stops
Brooks Running will be the technical sponsor of the Barcelona...
Brooks Running will be the technical sponsor of the Barcelona Half-Marathon next Feb. 12
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News briefs
Barack Obama is continuing to push for the ratification of...
Barack Obama is continuing to push for the ratification of the Trans-Pacific Partnership (TPP) by the U.S. Congress before his departure, although it suffered an unexpected setback in Vietnam. The 12 countries participating in the TPP have signed the agreement in February but it has yet to come into force ...
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