All Sporting Goods Intelligence articles in Volume 27, Issue 38-39 – Page 6
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News briefs
Canada Goose would like to go public sometime in 2017....
Canada Goose would like to go public sometime in 2017. Bain Capital, which acquired a majority stake in the Canadian company three years ago, is said to be seeking a valuation of $2 billion in the planned initial public offering. Credit Suisse, the Canadian Imperial Bank and Goldman Sachs have ...
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News briefs
The Skechers Foundation has announced that its 8th annual 2016...
The Skechers Foundation has announced that its 8th annual 2016 Skechers Pier to Pier Friendship Walk has raised more than $1.6 million for children with special needs and education. Celebrities at the event included Brooke Burke-Charvet, a longtime Skechers supporter, as well as boxing legend Sugar Ray Leonard, actor Ian ...
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News briefs
K2 Sports has signed a license agreement with Vertical Brands...
K2 Sports has signed a license agreement with Vertical Brands of Shrewsbury, New Jersey for the distribution of K2-branded ski and snowboard outerwear and apparel worldwide. The agreement will become effective in the autumn of 2017. As part of the deal, Vertical Brands will oversee apparel design, manufacturing and product ...
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Short stops
Arc'teryx has opened its second store in Toronto, measuring 2,825...
Arc'teryx has opened its second store in Toronto, measuring 2,825 square feet and located in the Yorkdale Mall
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News briefs
For the six months to Sept. 30, Goldwin posted 2...
For the six months to Sept. 30, Goldwin posted 2 percent higher revenues of 26.5 billion yen (€219.2m-$232.2m), as positive results for its distribution of The North Face and Helly Hansen offset the loss of the Champion business, which was transferred to Hanesbrands on March 31. The gross margin rose ...
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News briefs
Globeride saw its sales grow by 2 percent to 42.3...
Globeride saw its sales grow by 2 percent to 42.3 billion yen (€349.6m-$370.3m) during the six months ended Sept. 30, thanks in part to the improving economy in Japan, but foreign exchange losses of more than two billion yen caused its net income to drop by 54 percent to ¥730 ...
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News briefs
JD Sports Fashion says it has paid about £112.3 million...
JD Sports Fashion says it has paid about £112.3 million (€131.6m-$139.3m) to acquire the entire issued share capital of Go Outdoors, a British outdoor retailer with 58 large-scale stores, while assuming net debt of about £16 million as part of the transaction. Go Outdoors had sales of £202.2 million (€237.0m-$250.9m) for ...
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News briefs
Patagonia has announced it will donate 100 percent of Black...
Patagonia has announced it will donate 100 percent of Black Friday sales from its website and global stores to charity organizations, and specifically to grassroots environmental groups. Donations are estimated to raise more than $2 million, according to reports in Fortune. The outdoor company explained in a blog post that ...
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News briefs
Technogym has reported a 9.4 percent increase to €385.1 million...
Technogym has reported a 9.4 percent increase to €385.1 million in its consolidated revenues for the first nine months of this year. They went up by 15.8 percent in Italy, by 7.8 percent in the rest of Europe, by 28.9 percent in North America and by 10.6 percent in Asia-Pacific. ...