All Sporting Goods Intelligence articles in Volume 28, Issue 15-16 – Page 5
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News briefs
Polygiene, the Swedish company specializing in anti-odor treatments for garments,...
Polygiene, the Swedish company specializing in anti-odor treatments for garments, reported a 30 percent boost in its sales to 17.4 million Swedish kronor (€1.78m-$1.98m), with a growth of 24 percent in constant currencies. However, the company booked a net loss of SEK3.1 million (€0.32m-$0.35m) for the period, up from SEK1.3 million ...
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News briefs
Anta Sports is offering a tranche of bonds worth a...
Anta Sports is offering a tranche of bonds worth a total of 3.6 billion yuan renmimbi (€468.5m-$522.5m) to pay down debt and for other corporate purposes. The Chinese company had debts of less than one billion renminbi (€130.2m-$145.2m) on its balance sheet at the end of last year. The offering has received ...
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News briefs
Canada Goose has announced the opening of two new flagship...
Canada Goose has announced the opening of two new flagship stores and a larger e-commerce reach. The maker of luxury artic apparel will open its first European flagship store in London this autumn. It will be the brand's largest retail space to date. The company will also open a two-level ...
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News briefs
Cordura, a brand of Invista, has announced a collaboration with...
Cordura, a brand of Invista, has announced a collaboration with Südwolle, the global wool yarn producer, to develop a performance nylon/wool blend. The yarn, which will combine nylon 6.6 fibres with Merino wool, is supposed to offer enhanced abrasion resistance, tensile strength performance and strong tear resistance. Details of the ...
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News briefs
Macron has announced technical sponsorship contracts with two more football...
Macron has announced technical sponsorship contracts with two more football teams, FC Wacker from Innsbruck, Austria and Clubbe Brugge from Bruges in Belgium. Their kits were previously supplied by Jako and Nike, respectively. The new agreements are for five and three years, respectively. With more than 50 football clubs under ...
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News briefs
Puma France has announced the sponsorship of Footstyle, described as...
Puma France has announced the sponsorship of Footstyle, described as the freestyle football team that has won more contests than any other one in the world. Founded in 2006 by Gautier Fayolle, who has been the world champion in the category six times, the team is made up of six ...
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News briefs
Nike has announced a long-term partnership with Mallory Pugh. The...
Nike has announced a long-term partnership with Mallory Pugh. The U.S. football player, who is 19 years old, is widely considered as one of the most promising athletes in the sport. Pugh has also stated she will sign with the Washington Spirit in the National Women's Soccer League (NWSL). After ...
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News briefs
Brooks Running Company, a subsidiary of Berkshire Hathaway, has announced...
Brooks Running Company, a subsidiary of Berkshire Hathaway, has announced that it will expand its global footprint with entry into two new markets – China and Brazil - starting in July of this year. In China, Brooks' products will be available online through T-Mall and Amazon as well as at ...
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News briefs
VF Corp. has announced the release of its first-ever Animal...
VF Corp. has announced the release of its first-ever Animal Derived Materials Policy, which includes the commitment to progressively ban the use of fur, angora or exotic leather in its brands' products. The policy has been developed in partnership with The Humane Society of the United States and Humane Society ...
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Short stops
Angel Martinez, who left as chief executive of Deckers Brands...
Angel Martinez, who left as chief executive of Deckers Brands one year ago, is reportedly running to become the mayor of Santa Barbara, California next November
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News briefs
Iconix, another big American brand owner whose assets include Umbro,...
Iconix, another big American brand owner whose assets include Umbro, Danskin, Starter, Ocean Pacific and other brands, saw its licensing revenues decline by 13 percent to $58.7 million, due to the divestiture of several brands. The net result was a net loss of $4,280,000 against income of $18,616,000 in the ...
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News briefs
Allan Vad Nielsen has been appointed as chief executive at...
Allan Vad Nielsen has been appointed as chief executive at Hummel, the Danish sports brand, after the abrupt dismissal of Søren Schriver earlier this year. Nielsen has spent most of his career at Bestseller, the Danish fashion group that owns Jack & Jones and Vero Moda, among others. He has ...
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Short stops
Under Armour has signed an endorsement contract with Aisha Praught...
Under Armour has signed an endorsement contract with Aisha Praught Leer, the middle-distance Olympic champion from Jamaica
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Short stops
Nike has signed up a Chinese basketball player, Guo Ailun,...
Nike has signed up a Chinese basketball player, Guo Ailun, for the Jordan brand in a deal that is reportedly worth $1.4 million per year
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News briefs
Afydad, the Spanish sporting goods industry association, will present a...
Afydad, the Spanish sporting goods industry association, will present a study of the Spanish sporting goods market, conducted by Sport Panel, in Barcelona on May 23. Sport Panel, which conducted similar studies in the past, will also present a study of the bike market in Madrid on May 30. On ...
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Article
IC Group adjusts its management structure
IC Group, the Danish owner of Peak Performance, has restructured its management to attribute more responsibility to the chief executives of its three leading brands, after a review that led to a downgrade of the company's forecast for the full year until the end of June.Nicolas Warchalowski, the CEO of ...
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Article
Sales dip after strategic adjustments at Asics Europe
The decision to adjust the distribution of iconic footwear by Asics in European markets has led to an underlying sales decline of 7.5 percent for the Japanese brand in Europe, the Middle East and Africa (EMEA) for the first quarter. But the company points out that it fits with the ...
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Article
Adidas reshuffles the top deck
The executive board of the Adidas Group has been reshuffled with two new members announced last week, adding up to three appointments and two departures after Kasper Rorsted's arrival as chief executive in October. The changes have entailed the appointment of a new managing director for the Adidas Group in ...
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Article
Adidas sells TaylorMade to a private equity firm
The Adidas Group has finalized an agreement to sell TaylorMade Golf for $425 million to KPS Capital Partners, a U.S. private equity firm. Adidas bought the company in 1997 as part of its acquisition of Salomon, the French ski equipment maker, at a price equivalent to about €1.2 billion for ...
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Article
Adidas strides ahead
The Adidas Group continued to zoom ahead in the first quarter of this year, with an ample sales rise and a sharp improvement in operating profit margin, despite pressure in the Russian market and a decline in football apparel sales.The Adidas group's turnover was up by 18.9 percent to €5,671 ...
