All Sporting Goods Intelligence articles in Volume 28, Issue 17 – Page 3
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News briefs
An administrative judge of the U.S. International Trade Commission (ITC)...
An administrative judge of the U.S. International Trade Commission (ITC) recommended a $37 million fine against Garmin, charging that certain DownVii sonar products marketed by the company violate a determination made in favor of Navico by the ITC in December 2015, following a previous investigation. Garmin disagrees and says it ...
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News briefs
Ispo has agreed to act as Gold Sponsor of the...
Ispo has agreed to act as Gold Sponsor of the Sport Solutions Day that will be organized by Diffusion Sport in Madrid next Oct. 24, where more than 150 delegates are expected to attend. Ispo and Diffusion Sport have also agreed to work together in the future for the Ispo ...
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News briefs
SportScheck has acquired an unspecified number of shares in Fitfox.de,...
SportScheck has acquired an unspecified number of shares in Fitfox.de, an online platform for fitness enthusiasts, based in Hamburg, that offers special day, weekly and monthly tickets for fitness studios. Consumers don't have to sign up for a subscription. Prices start from €7 per day to €40 per month. In ...
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News briefs
According to a study conducted in March by a Spanish...
According to a study conducted in March by a Spanish business consultancy, MHE Consumer, Decathlon is the sports or fashion retailer that best combines offline and online retail activities in the Spanish market. Salsa, which belongs to the Portuguese Sonae group, and Mango, were ranked second and third. The others ...
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Short stops
Puma is teaming up with Sophia Webster, the British accessories...
Puma is teaming up with Sophia Webster, the British accessories designer, for the development of a shoe model that will be released globally in September
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News briefs
After about six years of preparation, Speedo International has launched...
After about six years of preparation, Speedo International has launched a global consumer-facing initiative aimed at reducing the risk of drowning, called Swim Generation, starting with a video intended to raise consumer awareness of the problem. Other initiatives will be announced in the next months. Speedo started getting involved in ...
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Short stops
Alexander Aamodt Kilde, the Norwegian World Cup alpine skier, has...
Alexander Aamodt Kilde, the Norwegian World Cup alpine skier, has switched sponsorship agreements from Atomic to Head, joining two other Norwegian champions, Kjetil Jansrud and Axel Lund Svindal, from next season
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News briefs
Dunlop of Japan turned around to net profit of 602...
Dunlop of Japan turned around to net profit of 602 million yen (€4.85m-$5.44m) in the first three months of this year from a loss of ¥864 million in the year-ago period, thanks to cost cuts. Sales were essentially flat overall and in each major category and each major market. They totaled ...
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News briefs
Under Armour (UA) has opened a 400-square-meter flagship store near...
Under Armour (UA) has opened a 400-square-meter flagship store near Bergamo, Italy, at the Oriocenter shopping center. It is the first flagship store for the U.S. activewear brand in Italy. The opening follows the signing of a seven-year distribution agreement for Italy with Oberalp in May 2016. The deal is ...
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News briefs
361 Degrees, the Chinese sports apparel and footwear brand, saw...
361 Degrees, the Chinese sports apparel and footwear brand, saw its comparable store sales improve by 7.0 percent in the first quarter, as it continued to focus on store productivity. The average retail discount reached 26.5 percent for the three months. The 361 Degrees Kids brand did even better, with ...
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News briefs
Zalando released details of a planned new €30 million logistics...
Zalando released details of a planned new €30 million logistics center in Sweden. Located in Brunna near Stockholm, the distribution center will be operational by the end of the year, with up to 300 employees. The goal is to significantly reduce the time required fopr deliveries of parcels in all ...
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News briefs
The Samwer brothers have sold a 3.8 percent share in...
The Samwer brothers have sold a 3.8 percent share in Zalando for approximately €375 million. The trio, who were the main investors in the European online retailer of fashion and sports apparel during the start-up phase, further reduced their stake to 4.99 percent. With the sale, a Scottish investment firm, ...
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News briefs
Adidas has recruited Kendall Jenner, the 21-year-old supermodel and reality...
Adidas has recruited Kendall Jenner, the 21-year-old supermodel and reality TV star, as brand ambassador for Adidas Originals. She personally made the announcement to her 81 million followers on Instagram. Jenner's brother-in-law, Kanye West, already has a highly popular collaboration with Adidas since 2013 for its Yeezy Boost. Her sister, ...
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News briefs
Forever 21, the fast-fashion retailer, is opposing a demand by...
Forever 21, the fast-fashion retailer, is opposing a demand by Puma for a preliminary injunction, asking a U.S. court to dismiss the Wild Cat's argument that it is infringing on the designs of the Creeper, Fur Slide and Bow Slide models. According to Forever 21, the designs “are commonplace and ...
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Article
The Spanish sports market grew by 5.7% in 2016
The Spanish sporting goods market rose by 5.76 percent to €6,233.7 million at the retail level last year, according to a study presented by Afydad, the Spanish sporting goods industry association, which is making it available only to its members. Carried out by Sport Panel, which surveys the sell-out of ...
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News briefs
Cornelis Hendrik (Cees) de Witte stopped working on May 1...
Cornelis Hendrik (Cees) de Witte stopped working on May 1 as chief executive of X-Bionic, the Swiss developer of high-tech sportswear and socks, after nine months in the post. The reasons for his departure and the new management structure could not be determined at the time of going to press. ...
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