All Sporting Goods Intelligence articles in Volume 28, Issue 17
View all stories from this issue.
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News briefs
Nike stated that it has no plans to stop sponsoring...
Nike stated that it has no plans to stop sponsoring Tiger Woods in spite of a widely circulated video in which the former N° 1 golfer in the world was unable to walk straight after damaging his car on a road in Florida. Police found no alcohol in his blood ...
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Short stops
Nordea Funds has reduced its stake in IC Group to...
Nordea Funds has reduced its stake in IC Group to 4.86%
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News briefs
Intersport España, one of the national Intersport organizations that are...
Intersport España, one of the national Intersport organizations that are acting as pilots for new digital retail services, has appointed Mónica Martín to the role of digital manager of the voluntary group. She comes from a digital consultancy, Splio, that has been working with major chains of fashion and sports ...
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Article
Eurobike is energized by e-mobility
Eurobike 's organizers regard Derby Cycle 's return to Friedrichshafen this year as an encouraging signal for the bicycle fair, as it continues to adjust to the e-mobility trend and prepares to shift to July dates as a trade-only event from 2018. Germany's largest bike maker had decided last year ...
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News briefs
Emerald Expositions, which owns Outdoor Retailer, Interbike and many other...
Emerald Expositions, which owns Outdoor Retailer, Interbike and many other trade shows, has completed the acquisition of the SIA Snow Show from the Snow Sports Industries Association (SIA) of the U.S., reportedly for $16.7 million, following approval by the SIA's board of directors. The takeover paves the way for a ...
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Article
Foot Locker disappoints
For once, Foot Locker 's quarterly results fell short of financial analysts' estimates, sending down its share price by more than 15 percent. Total sales inched up by 0.7 percent to $2,001 million for the three months to April 29, and they increased by 1.8 percent in local currencies. The ...
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Article
Deckers’ sales top its own guidance
Deckers Brands posted revenues for the fourth quarter of its fiscal year ended March 31, 2017 that exceeded its own guidance, boosted by the strong performance of Hoka One One and by higher direct-to-consumer (DTC) sales. They dipped by 2.4 percent to $369.5 million, instead of an expected ...
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News briefs
The Marker Dalbello Völkl (MDV) group says it has reached...
The Marker Dalbello Völkl (MDV) group says it has reached a settlement with Head/Tyrolia in a patent and utility model dispute regarding their ski bindings, after a four-year controversy. MDV said the dispute focused on whether the ski bindings produced by Tyrolia and used in its Attack and Adrenalin ranges ...
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Short stops
Umbro is going to be the official supplier of Club...
Umbro is going to be the official supplier of Club Esportiu Europa, a third-division football club in Barcelona
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News briefs
Salomon has a new manager in charge of e-commerce and...
Salomon has a new manager in charge of e-commerce and digital operations, Axel Dutreil, with global responsibilities. The 37-year-old has worked for Kusmi Tea, The Kooples, L'Oréal and most recently for Célio, a French chain of apparel stores.
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News briefs
Ispo has released a study of the rapidly changing perception...
Ispo has released a study of the rapidly changing perception of the traditional sports sector among consumers in the German-speaking countries, based on a survey of more than 3,500 sporting goods consumers between the ages of 16 and 79. The digitalization process and the issue of sustainability are influencing their ...
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Article
Private equity firm buys Jarden's former winter sports brands
Kohlberg Company , a U.S. private equity firm, has agreed to take over Völkl , K2 , Marker and eight other winter sports brands that were put up for sale by Newell Brands , in a deal that is expected to generate proceeds of $240 million. ...
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News briefs
Nike is one of the global brands that recently joined...
Nike is one of the global brands that recently joined other brands at a meeting organized in London to commit to the use of 100 percent sustainable cotton by 2025. The high-level meeting, which took place in the presence of HRH The Prince of Wales on May 24, was organised ...
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News briefs
Gola, the British sports brand owned by the Jacobson Group,...
Gola, the British sports brand owned by the Jacobson Group, has announced an agreement with Madras for the distribution in Japan of Gola Classics shoes and accessories. In the course of the current spring/summer season, a limited edition of Gola Classics made in England will be presented at pop-up concessions ...
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News briefs
In the last few days, Sports Direct International bought a...
In the last few days, Sports Direct International bought a few million more shares in Finish Line, the U.S. sports retailer, building up to a total of 5,941,248 shares, or 14.7 percent of its equity. A few days earlier, SDI had declared a stake of 9.21 percent in Finish Line. ...
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News briefs
Rapala VMC Corp. is issuing a hybrid bond on May...
Rapala VMC Corp. is issuing a hybrid bond on May 31, 2017 to raise €25 million, granting holders a fixed annual interest rate of 5.375 percent until May 31, 2019. The hybrid bond has no maturity rate but Rapala can redeem it after two years. The transaction, which has already ...
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News briefs
Following an extensive global search, Billabong International has selected Jim...
Following an extensive global search, Billabong International has selected Jim Howell to be its new chief financial officer, replacing Peter Myers who has been in the role since January 2013, starting on June 12. Noting that Myers played a key role in its reorganization, the company said the change was ...
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News briefs
Gore is combining Gore Bike Wear and Gore Running Wear,...
Gore is combining Gore Bike Wear and Gore Running Wear, its two clothing brands, to form Gore Wear. The combination of Gore's cycling and running wear brands, which will be effective as of spring/summer 2018, is supposed to reflect the changing behavior of consumers, from specialists in one sport to ...
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News briefs
Bic Sport is taking over the global rights for SIC...
Bic Sport is taking over the global rights for SIC Maui, the stand-up paddle sports brand of Flow Sports. The word SIC stands for Sandwich Island Composites. Bic will give the brand a premium performance positioning, ensuring its distribution in more than 90 countries. Bic Sport is already a major ...
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News briefs
Steve Holley has been promoted as chief executive for Huf...
Steve Holley has been promoted as chief executive for Huf and Lakai, the two skateboarding apparel and footwear brands of Huf Worldwide, taking on some of the responsibilities of Keith Hufnagel, the skateboarding pro who founded the American company in 2002. The nomination follows an investment made in Huf last ...
