All Sporting Goods Intelligence articles in Volume 27, Issue 36-37 – Page 5
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News briefs
The action sports section at Ispo Munich has been redesigned...
The action sports section at Ispo Munich has been redesigned for next year's edition, with a concept of polygonal modules in Hall B6. Providing suitable space for brands of all sizes, the new design is meant to put more emphasis on products and innovation, as well as sustainability. The hall ...
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News briefs
Bright, the ten-year-old action sports trade show at Arena Berlin,...
Bright, the ten-year-old action sports trade show at Arena Berlin, is adding a new outdoor segment for its next session, scheduled for Jan. 17-19. It is proposing to host a selected number of streetwear and lifestyle-minded outdoor brands as well as more technical brands that connect design with functionality. Most ...
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News briefs
Wilson has acquired the EvoShield brand and related intellectual property...
Wilson has acquired the EvoShield brand and related intellectual property rights in an asset deal from the eponymous company. The brand is described as the leading supplier of protective gear for baseball and softball. It is the official protective gear of Major League Baseball.
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News briefs
Erima reported a sales increase of 8 percent in the...
Erima reported a sales increase of 8 percent in the third quarter of this year, as compared to the third quarter of 2015. Since the beginning of this year, the German sporting goods brand has grown by 12 percent as compared to the previous year. For the first quarter, Erima ...
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News briefs
More than 70 percent of Sweden's shoppers buy clothes and...
More than 70 percent of Sweden's shoppers buy clothes and shoes for everyday use in a sporting goods store, and most of them are women, according to a survey of 300 people conducted by Bonial. Another notable result of the study is that over 80 percent of the respondents preferred ...
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Article
TNF celebrates its 50th anniversary
The North Face is celebrating its 50th anniversary with a new global campaign, the launch of new vintage products and the opening of two special new stores in New York City and San Francisco.Celebrating “50 Years of Madness,” the campaign will showcase athletes sponsored by the brand throughout its history, ...
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News briefs
Globe International said it was acquiring 50 percent of Salty...
Globe International said it was acquiring 50 percent of Salty Crew, a Californian apparel brand specializing in surfing, fishing, diving and sailing products. As part of the deal, which should become effective in January 2017, Globe is to assume operational and financial functions for the brand, while key managers will ...
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News briefs
The Thule Group raised its net income by 9.4 percent...
The Thule Group raised its net income by 9.4 percent to 162 million Swedish kronor (€16.3m-$18.0m) in the third quarter, while its sales inched up by 1.7 percent to SEK 1,366 million (€137.4m-$152.3m), going up organically by 5.2 percent. Sales continued to fall in the Americas, declining by 8.8 percent ...
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News briefs
Bruno Joly, 36, is joining Odlo International as communications manager,...
Bruno Joly, 36, is joining Odlo International as communications manager, reporting directly to the recently appointed brand director, Timo Pape. Joly started his career as German correspondent for a French fashion trade magazine, Journal du Textile. Based in Munich, he quickly focused on the sports industry. He contributed to other ...
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Article
Adidas posts a strong Q3, driven by sneakers
The Adidas Group reported a strong lift in third-quarter sales, which rose 17 percent on a currency-neutral basis, and the new management confirmed that it is on track to meet targets for a record year. In reported euros, group sales went up by 14 percent to €5,413 million.Adidas brand sales ...
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News briefs
361 Degrees boasted a comparable store sales increase of 7.3...
361 Degrees boasted a comparable store sales increase of 7.3 percent in the third quarter. The number of stores dropped to 6,637 outlets, after 295 openings and 511 closures. It could decrease further in the quarters ahead, as the group is envisaging a store count of about 6,500 stores, with ...
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News briefs
Wolverine Worldwide said it has created 250 new jobs at...
Wolverine Worldwide said it has created 250 new jobs at its manufacturing facility in Michigan so far this year as it broke ground on a planned 16,000-square-foot extension. It should be completed in early 2017, allowing the company to add a new warehouse for incoming raw materials. Built in 1964 ...
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News briefs
In May 2017, Columbia Sportswear will relocate the headquarters of...
In May 2017, Columbia Sportswear will relocate the headquarters of Sorel and 45 employees to the downtown area of Portland, Oregon, but it will keep its own global head office in Washington County, where it moved from downtown Portland in 2001. Columbia bought Sorel in 2000. Tim Boyle, chief executive ...
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News briefs
Lowa invited 170 sales professionals from the German shoe and...
Lowa invited 170 sales professionals from the German shoe and sporting goods retail sector to some very special events in Nuremberg, Hinterzarten and Rettenberg in Bavaria. Professional actors integrated participants in a crime comedy act that was written exclusively for Lowa. The act combines the crime story with elements of ...
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Article
Shimano falls by 15.7% but recovers in Europe
Shimano's sales dropped by 15.7 percent to 241,700 million yen (€2.1bn-$2.3bn) during the first nine months of 2016. The Japanese maker of bicycle components and fishing gear blamed continued high inventories at bicycle distributors in Europe, North America and China, brought on by unfavorable spring weather in Europe and stalled ...
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News briefs
21sportsgroup, the expansive German retail group, has drawn €15 million...
21sportsgroup, the expansive German retail group, has drawn €15 million in fresh capital from ESO Capital to support its growth. The group indicates that the money is chiefly earmarked for further international expansion. Specializing in running, cycling, triathlon, outdoor and action sports products, 21sportsgroup is the company behind several multichannel ...
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News briefs
About 31 percent of the urban Chinese population aged 15...
About 31 percent of the urban Chinese population aged 15 to 59 years has an interest in football after a steady increase in the last three years, according to China and Football, a study published by Nielsen Sports. It explains that interest has been stimulated by government policy as well ...
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Article
Nautilus’ sales were up by 14%, but below expectations
Nautilus' third-quarter results missed analysts' forecasts, despite a jump in revenues of 14.3 percent above the year-ago period to $80.8 million – well above the level of $77.8 million predicted by Wall Street. However, the company's net income topped the analysts' consensus estimate, rocketing by 105.4 percent to 7.6 million. ...
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News briefs
Nike is reportedly set to open a store of 3,000...
Nike is reportedly set to open a store of 3,000 square meters in early 2017 on Moscow's Kuznetsky Most, which will be the largest in Russia and in Eastern Europe. It was announced by A3 Retail Group, one of Nike's partners in Russia, which manages eight Nike brand stores and ...
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News briefs
Decathlon has inaugurated a logistical platform of about 40,000 square...
Decathlon has inaugurated a logistical platform of about 40,000 square meters near Barcelona, in the industrial park of Can Margarit in Sant Esteve Sesrovires. Called the CAR Barcelona, it brings together two other centers and will thus serve as a distribution center for about 40 stores in all of Catalonia, the ...
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