All Sporting Goods Intelligence articles in Volume 27, Issue 38-39 – Page 2
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Article
Earlier dates and more events for OR
The organizers of the winter and summer editions of the Outdoor Retailer trade show in the U.S. have announced that they will be moving their dates forward by about six weeks from 2018 onward - in June for the Summer Market and in November for the Winter Market.It's a major ...
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Short stops
The Dainese Group has unveiled a new generation of head-to-toe...
The Dainese Group has unveiled a new generation of head-to-toe protection systems for motorcycle racing
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Article
Halfords posts higher cycling revenues
Halfords Group saw its cycling retail sales increase by 4.6 percent on a same-store basis in the first half of its financial year to Sept. 30. The group's total cycling revenues were up by 15.4 percent. Cycling sales were boosted by the launch of Cycle Republic and the acquisition in ...
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News briefs
Kalas Sportswear will outfit the U.K. cycling team. The partnership...
Kalas Sportswear will outfit the U.K. cycling team. The partnership between the Czech cycling apparel specialist, which takes over from Adidas, and Great Britain's cycling team will be effective until the end of 2020 including the Tokyo Olympic Games. The U.K. cycling team won 12 medals at the Olympic Games ...
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Article
Crocs’ gross margin improves on weaker sales
Crocs posted revenues for the third quarter that were at the low end of the range it had predicted, going down by 10.3 percent over the year-ago quarter to $245.9 million, or by 11.6 percent on a constant-currency basis.However, the gross margin topped expectations, exceeding the guidance by approximately 2.0 ...
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Article
Craft’s parent improves margins
The New Wave group, the Swedish company behind Craft, saw the sales of its sports and leisure division dip by 3 percent for the third quarter, as increasing sales in Sweden, other Nordic countries and southern Europe could not make up for sluggishness in the U.S. market. Along with Craft, ...
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Article
Vulcabras’ divorce from Reebok pays off for the couple
Vulcabras Azaleia, the Brazilian parent of the Olympikus brand of sports shoes that held the distribution rights for Reebok until the end of last year, has reported a net profit of 19.7 million reais (€5.36m-$5.71m) for the third quarter ended Sept. 30, compared with only R$2 million in the year-ago ...
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News briefs
VF Corp. has reported that it managed to reduce its...
VF Corp. has reported that it managed to reduce its carbon emissions by 12 percent between 2011 and 2015, well beyond the 5 percent target the company had set itself. More than half of the total reduction was made possible by the increased use of clean energy, renewable energy credits, ...
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Article
Woolrich falls under its licensee’s control
In a rare case where a company is acquiring control on a global basis of the brand it distributes or licenses in certain territories, Italy's WP Lavori in Corso is merging its operations with those of Woolrich Inc. to form a new company, Woolrich International, in which it will have ...
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News briefs
Nike says it has extended its sponsorship contract with Cristiano...
Nike says it has extended its sponsorship contract with Cristiano Ronaldo, the 31-year-old Real Madrid striker from the Portuguese island of Madeira. It didn't specify its planned duration, but according to TMZ, it could be a lifetime deal like the one with LeBron James, worth more than one billion dollars. ...
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Short stops
Reebok has opened its first Spanish Fithub concept store in...
Reebok has opened its first Spanish Fithub concept store in partnership with a local retailer in a shopping center of Murcia
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Article
China and U.S. weigh on Giant’s sales
Giant Manufacturing Company posted weak financial results for the first nine months of 2016, weighed down by a poor performance in the U.S. and China. The Taiwan-based bicycle maker saw its total revenues drop by 6.5 percent over the year-ago period; down to 44.23 billion Taiwan dollars (€1,3bn-$1.4bn). In addition, ...
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Short stops
Don Grimes, the former chief financial officer of Wolverine Worldwide...
Don Grimes, the former chief financial officer of Wolverine Worldwide who left last year to join Neiman Marcus in June 2015 as chief operating officer, executive vice president and CFO, has resigned now from this post
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News briefs
Sprinter, the growing Spanish chain of sporting goods stores controlled...
Sprinter, the growing Spanish chain of sporting goods stores controlled by JD Sports Fashion, and JD Sports opened new stores simultaneously in the Nevada shopping center of Granada at the end of November. The new Sprinter store with 570 sqm is the chain's fifth one in Granada, while the new ...
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News briefs
The training center of Section Paloise, the French rugby team...
The training center of Section Paloise, the French rugby team sponsored by Macron, will bear the name of its sponsor. The Italian company did something similar by getting the Bolton Wanderers team in England to call their stadium the Macron Stadium.
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News briefs
An Italian investment fund, Cassa Depositi e Prestiti, is considering...
An Italian investment fund, Cassa Depositi e Prestiti, is considering the acquisition of a stake in the Tecnica Group through a capital increase, according to the Italian daily Sole 24 Ore. The funds would help the company to reach its objective of generating a double-digit operating margin on a turnover ...
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Article
Nidecker group buys Flow snowboarding
The Nidecker Group has reinforced its share in the snowboarding market by taking over the brand assets of Flow Snowboarding from Flow Sports, the Californian board sports group, at an undisclosed price.The two companies said that their assets were complementary, and the tie-up will enable both of them to sell ...
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Article
Karstadt’s owner buys Internetstores
Internetstores, the European online retailing group for cycling and outdoor products, is to be taken over by Signa Retail, the Austrian holding company that controls Karstadt and Karstadt Sports. Signa is acquiring a stake of 87 percent in Internetstores by buying the share of 42 percent held by EQT Expansion ...
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News briefs
Li Ning is reportedly building a ski resort of its...
Li Ning is reportedly building a ski resort of its own in the Shanxi province of China. According to a recent report by Bloomberg, China is experiencing a real skiing boom. The country's government is investing heavily in winter sports infrastructures in view of the Winter Olympics in 2022, which ...
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Article
Foot Locker brings Jordan to Europe
The first free-standing Jordan store in Europe opened in the Bastille district of Paris a few days ago, taking the place of a former furniture outlet. It is managed by Foot Locker, which opened a Jordan store in New York last year through its Footaction chain, naming it Flight 23. ...
