All Sporting Goods Intelligence articles in Volume 28, Issue 15-16 – Page 6
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Adidas will have a store later this year on via...
Adidas will have a store later this year on via Vittorio Emanuele II in Milan, near the cathedral
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News briefs
New Balance is replacing Adidas as the new sponsor of...
New Balance is replacing Adidas as the new sponsor of the famous London Marathon, currently called the Virgin Money London Marathon, and ancillary events through a long-term agreement starting with the April 2018 edition of the race. The brand is already sponsoring the marathons in Rome, Sevilla and Rotterdam. Last ...
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Adidas has launched a new global rugby campaign on social...
Adidas has launched a new global rugby campaign on social networks entitled “Next Is Everything.” The campaign has been developed by Augusto, a digital agency based in Auckland, New Zealand. The official video, which marked the launch of the campaign on May 9, will be followed by an ongoing series ...
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Adidas has signed up Myles Garrett, who was made the...
Adidas has signed up Myles Garrett, who was made the N° 1 pick in the 2017 NFL draft by the Cleveland Browns
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Adidas and the Dutch field hockey association are extending their...
Adidas and the Dutch field hockey association are extending their partnership until at least the end of 2020
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Article
Acushnet improves its profitability
Acushnet reported a slight decline in revenues for the first quarter of 2017, but they generated higher margins than before. The drop was attributed to lingering retail softness, stemming from a number of factors, including fewer stores, fewer offerings of off-price golf clubs, isolated winter weather woes and some unusual ...
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Article
Acushnet saves Fila Korea
The consolidation of Acushnet allowed Fila Korea to triple its net profit to 25.5 billion won (€20.4m-$22.8m) for the first quarter of 2017 and to raise its consolidated revenues by over nearly four times to KRW653.7 billion (€521.6m-$580.3m), up from KRW168.2 billion in the year-ago period.Fila Korea, which licenses out the ...
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News briefs
Active Brands has extended its sponsorship agreement between its Dæhlie...
Active Brands has extended its sponsorship agreement between its Dæhlie brand and the Norwegian Ski Federation for another four years, until 2022. The agreement is wide in scope and means that all official national cross-country ski teams including the elite, para, recruit and junior levels, as well as team support ...
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Amazon is acting as a sponsor of Tough Mudder as...
Amazon is acting as a sponsor of Tough Mudder as the “official online retailer” for this year's North American events. Besides its presence on the sites of the contests, it will have a dedicated website with new videos and contents on training, post-training, nutrition and recovery.
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Julbo is partnering with local sporting goods stores across France...
Julbo is partnering with local sporting goods stores across France for Women's Vision, a tour which will offer around 30 women the possibility to run with a coach while testing the brand's eyewear. The participants will be accompanied by Nolwenn Faivre, a running coach who was born in France's Jura ...
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British anti-trust authorities have approved the acquisition of Go Outdoors...
British anti-trust authorities have approved the acquisition of Go Outdoors by JD Sports Fashion
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Horst Widmann has been honored by Puma for his achievements...
Horst Widmann has been honored by Puma for his achievements at the company and in the sporting goods industry over more than five decades. After several years in the toy industry, Widmann started off in the sports market in the early ‘seventies as a personal assistant of Adi Dassler, the ...
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Article
Accell breaks off talks with Pon
Talks for a potential takeover of the Accell Group by Pon Holdings, which was intended to form a leading global bicycle group, have at least temporarily come to an end. Accell described the offer as insufficient, despite Pon's move to raise its offer by €1 per share to €33.72 per ...
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News briefs
Asics and Runkeeper are introducing the Asics Pace Academy Challenge,...
Asics and Runkeeper are introducing the Asics Pace Academy Challenge, a new experience on the Runkeeper mobile running app designed to help runners improve their speed. The platform features a series of interval workouts for runners of all levels, tailored to each runner's ability, which can be incorporated into their ...
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Article
Fitbit posts a $60m loss but revenues exceed forecasts
Fitbit posted revenues for its first quarter, ended on April 1, that were above analysts' expectations, sending the company's shares up 7.2 percent after their announcement. Sales dropped by 40.9 percent to $298.9 million, ending up higher than Wall Street's consensus target of $280.8 million. The net loss for the ...
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Article
Technogym's sales up by 7.4%
Technogym reported an increase in revenues of 7.4 percent to €115.6 million for the first quarter of this year, with a 6.6 percent rise in constant currencies. A large increase of 15.2 percent to €12.5 million was recorded in the Italian market. In the rest of Europe, the company grew ...
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Article
Nautilus' profits tumble by 37%
Nautilus recorded a steep decline in earnings for the first three months of the year. Net income dropped by 37.7 percent to $7.1 million, which the company blamed on challenging comparison with the year-ago quarter and a $1.2 million charge related to the final settlement of a long-standing lawsuit with ...
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News briefs
In the financial year ended March 31, Yonex' comprehensive net...
In the financial year ended March 31, Yonex' comprehensive net income jumped by 61 percent to 2,727 million yen (€22.0m-$24.5m), while its revenues rose by 13 percent to ¥61.04 billion (€489.5m-$544.2m). The gross margin inflated by 0.7 percentage points to 43.9 percent. The Chinese market was the key growth driver ...
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News briefs
Descente's net income fell by 28 percent to 5,650 million...
Descente's net income fell by 28 percent to 5,650 million yen (€45.9m-51.2m) in the year ended March 31. Sales dropped by 3 percent to ¥131.5 billion (€1.1bn-$1.2bn), and the Japanese group attributed this to the strong yen and economic stagnation in Korea. They were flat at ¥54.4 billion (€442.6m-$492.6m) in ...
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Asics has extended its 25-year-old sponsorship of the Italian Athletics...
Asics has extended its 25-year-old sponsorship of the Italian Athletics Federation through the 2020 Olympics in Tokyo
