All Sporting Goods Intelligence articles in Volume 28, Issue 15-16 – Page 3
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News briefs
Claire Jenkins has resigned as a member of Sports Direct's...
Claire Jenkins has resigned as a member of Sports Direct's board of directors with immediate effect. The former manager of Rexam had been appointed as non-executive director six years ago. She was the only female director on the board. Her departure, for which no formal explanations were given, comes after ...
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Article
Hanesbrands invests in Champion’s growth
After taking control of the European and Asian operations of Champion USA in the past year, Hanesbrands has developed a three-year program to boost the brand's growth while reducing overheads. The plan, called Project Booster, calls for a $150 million cut in annual costs in return for annual investments of ...
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Article
Change in CEO at Icebreaker
Greg Smith, who is heading up Icebreaker in Australia and New Zealand, is taking over as chief executive of the merino outdoor apparel specialist from the start of June. He will succeed Rob Fyfe, who owns a minority stake of 5 percent in the company and held the job for ...
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Short stops
Christoph Mannel has left as general manager for Central Europe...
Christoph Mannel has left as general manager for Central Europe at Oberalp, the parent company of Salewa, Dynafit, Wild Country and Pomoca
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News briefs
SportScheck has launched a new social media campaign in the...
SportScheck has launched a new social media campaign in the framework of its rebranding. The German sports retailer is using social media channels like Instagram, YouTube and Facebook to motivate people to exercise. It is working with various bloggers and experts to market four segments: outdoor, men's performance, women's sports ...
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News briefs
Puma says it is reinventing lacing with a system, called...
Puma says it is reinventing lacing with a system, called Netfit, that allows for multiple lacing options. It is designed to enhance the fit and support of the shoe with a high-grade engineered net and form-fitting base materials. Several decades ago, the German brand had already reinvented lacing once with ...
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Article
Callaway posts strong results, improves guidance
Callaway Golf Company's revenues for the first quarter of 2017 were up by 12.7 percent to $309 million, with an increase of 13.3 percent in local currency. The company said that its results were better-than-expected, which led it to up its guidance for the full year.Sales were driven by the ...
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News briefs
Electric California has signed a master franchising deal for Europe,...
Electric California has signed a master franchising deal for Europe, the Middle East and Africa with Pilot Fish, a company in the French city of Biarritz that specializes in the distribution of emerging brands in the action sports sector. The brand of sunglasses was previously distributed in Europe by Volcom, ...
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News briefs
Bryan Timm is leaving as president and chief operating officer...
Bryan Timm is leaving as president and chief operating officer of Columbia Sportswear, after 20 years with the company. The company says his responsibilities will be handled by other senior managers while it goes through a reassessment of its operating model. Tim Boyle, chief executive of the group, says Timm ...
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News briefs
Sports Direct has raised its stake in Debenhams, the British...
Sports Direct has raised its stake in Debenhams, the British department store chain, from 16.0 percent to 17.08 percent. The move can be regarded as more than just a financial investment as Sports Direct has concessions in several Debenhams stores in the U.K.
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News briefs
Supra has hired Kara Duffy as the brand's new senior...
Supra has hired Kara Duffy as the brand's new senior global director of product, with immediate effect. She will report directly to Cape Capener, the brand's president. Most recently, Duffy was global director of footwear operations at DC Shoes, part of Quiksilver. In her new role at Supra, she will ...
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News briefs
Sequential Brands reported an increase in its net loss to...
Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing ...
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News briefs
International brands and retailers have teamed up with Forum for...
International brands and retailers have teamed up with Forum for the Future, with support from the C&A Foundation, to form Cotton 2040, a new initiative aimed at overcoming barriers to sustainable cotton and turn it into a mainstream commodity. More specifically, Cotton 2040 will promote the use of sustainable cotton ...
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News briefs
Pentland Brands has revealed the names and locations of the...
Pentland Brands has revealed the names and locations of the direct factories (Tier 1) that manufacture garments for its Berghaus brand. The list includes factories in Belgium, Bosnia and Herzegovina, Bulgaria, Cambodia, China, India, Indonesia, Italy, Japan, New Zealand, Pakistan, Portugal, Romania, Spain, Sri Lanka, Taiwan, Thailand, Turkey, U.K. and ...
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News briefs
Fusalp, the French skiwear brand taken over by members of...
Fusalp, the French skiwear brand taken over by members of the Lacoste family three years ago, is branching out into beachwear. In this context, the brand has just opened its first store near the sea at Saint-Jean-de-Luz, on the Basque Coast of France.
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News briefs
Lululemon has launched “This Is Yoga,” its first global brand...
Lululemon has launched “This Is Yoga,” its first global brand campaign. Created in partnership with Virtue Worldwide, Vice's creative agency, the campaign features Kerri Walsh Jennings, the American beach volleyball player, three-time Olympic gold medalist, the pro surfer Maddie Peterson, and Paris Moore-Williams, the British rapper better known by his ...
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News briefs
Gore has unveiled Fabian Cancellara as a new global brand...
Gore has unveiled Fabian Cancellara as a new global brand ambassador for the Gore Bike Wear brand. The former Swiss ex-cyclist and Olympic champion is one of the most successful cyclists of all times, with victories in cycling classics such as the Tour of Flanders and Paris-Roubaix, along with four ...
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Short stops
Rudy Project, the Italian brand of sunglasses, says it is...
Rudy Project, the Italian brand of sunglasses, says it is supporting a Hungarian expedition, led by Dávid Klein and Szilárd Suhajda, who are trying to cimb up the Everest without oxygen tanks
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News briefs
Cherokee, which bought Hi-Tec Sports last year and licensed it...
Cherokee, which bought Hi-Tec Sports last year and licensed it out, reported revenues of $7.8 million from the brand for the fourth quarter ended Jan. 28, comprising licensing revenues of $1.2 million and $6.6 million worth of indirect product sales related to distribution and government contracts. The business generated a ...
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News briefs
Blaming weak demand for its products in Mainland China, where...
Blaming weak demand for its products in Mainland China, where it has many competitors, Giant Bicycle reported a 5 percent drop in revenues to 13.5 billion Taiwanese dollars (€402.3m-$447.3m) for the first quarter ended March 31, leading to a 40 percent drop in net income to NT$516 million (€15.4m-$17.1m). Sales increased ...
