All Sporting Goods Intelligence articles in Volume 28, Issue 18-19 – Page 5
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News briefs
Puma has reached an out-of-court settlement with Urwyler & Hostettler,...
Puma has reached an out-of-court settlement with Urwyler & Hostettler, a supplier of furniture and wooden household items in Switzerland that adopted a logo with a leaping animal. The company, which sells the Made in Ermatingen brand, filed an application to register the logo for sports footwear, sports apparel and ...
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News briefs
Bread & Butter, the three-day consumer-oriented style and culture festival...
Bread & Butter, the three-day consumer-oriented style and culture festival held in Berlin, Germany, will expand this year to feature more than 40 brands, up from 25 at its first new-style session last year. Adidas, Converse, Fila, Nike, Puma, Reebok and Vans will be among the brands displaying their products ...
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News briefs
Interbike, the largest annual bike show in North America, has...
Interbike, the largest annual bike show in North America, has unveiled a number of new initiatives and changes for its 2017 edition. The Incubator, a new crowd-funding area, will feature the latest innovations for the bicycle industry on crowdfunding platforms such as Kickstarter. The purpose of the Incubator, which will ...
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Short stops
Evoc has new brand ambassadors: Harald Philipp, a mountain biker...
Evoc has new brand ambassadors: Harald Philipp, a mountain biker from Tyrol; Teal Stetson-Lee, an American mountain biker and organizer of the “CrossReno Cyclocross Events & Music Festival” and Thomas Genon, a slopestyle-mountain biker from Belgium
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Article
Nike to work more closely with Amazon and Zalando
Zalando has unveiled plans to double in size by 2020, raising its annual sales from €3.6 billion to €7.6 billion, as part of an ambitious new strategy that will include providing new services to brands like Adidas and Nike. Founded in Berlin in 2008, the German company has quickly expanded ...
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Article
J&F may have to sell Alpargatas
J&F Investimentos, the largest private conglomerate in Brazil, is said to be on the verge of selling Alpargatas, the parent company of Havaianas and the licensee of Mizuno in Brazil and Argentina, to help one of its own shareholders, Joesley Batista, his brother Wesley and four other executives to pay ...
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News briefs
Callaway Golf has introduced the Allsport watch, which the company...
Callaway Golf has introduced the Allsport watch, which the company describes as the first multi-sport watch designed specifically for golfers. The Allsport incorporates popular features of fitness tracking devices into a conventional GPS watch, including a calorie tracker, a step counter and multi-sport training features suitable for other sports, including ...
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News briefs
Alchemy Equipment, the New Zealand brand of contemporary urban apparel...
Alchemy Equipment, the New Zealand brand of contemporary urban apparel with performance functions, has appointed Big Bear as its distributor for the U.K. and Ireland. The brand is already available from a few British stores, such as two Snow & Rock stores, which have been covered directly from New Zealand ...
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News briefs
The Alpinestars Tech-Air airbag system has been honored at this...
The Alpinestars Tech-Air airbag system has been honored at this year's Consumer Electronics Show (CES) Asia Innovation Awards, taking away the prize in the Wearables category. The Tech-Air, which is said to be the first self-contained street airbag system, can be used for any type of motorcycle or scooter. The ...
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News briefs
Thule Group has entered into an agreement with Curt Group,...
Thule Group has entered into an agreement with Curt Group, a company of Audax Private Equity, for the sale of United Welding Services (UWS), a maker of storage solutions and truck accessories headquartered in Perry, Florida. The transaction is expected to be finalized this month. The move is part of ...
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News briefs
Adidas is boosting its infrastructure in Paris and regrouping its...
Adidas is boosting its infrastructure in Paris and regrouping its local teams under Guillaume de Monplanet, general manager of Adidas France, by opening of a new office near the trendy Pigalle area. Adidas and Reebok employees, who were previously working at different offices inside and outside the French capital, will ...
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News briefs
Bernard Tapie, the former majority shareholder of Adidas, has lost...
Bernard Tapie, the former majority shareholder of Adidas, has lost a final appeal in French courts against a ruling that he should reimburse €404 million paid out to him after arbitration proceedings around the sale of the sports company in 1993. Tapie has long alleged that he was fleeced by ...
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News briefs
Kasper Rørsted, the new chief executive of the Adidas Group,...
Kasper Rørsted, the new chief executive of the Adidas Group, is the most popular manager in the German fashion industry, according to Glassdoor. The company, which operates an employment and recruitment platform, recently released its list of the ten most popular managers in the country. Glassdoor's list includes managers from ...
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News briefs
Nike's ad “The Switch” featuring Cristiano Ronaldo came out victorious...
Nike's ad “The Switch” featuring Cristiano Ronaldo came out victorious on this year's Top 10 Cannes YouTube video ad leader-board. The ranking is compiled through an algorithm that takes into account paid views, organic views and audience retention, which refers to how much of a video people watched. The leader-board ...
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News briefs
Sports Direct International has completed the acquisition of Bob's Stores...
Sports Direct International has completed the acquisition of Bob's Stores and Eastern Mountain Sports (EMS) in the U.S. The British sporting goods retailer is expected to enter U.S. retailing with 51 stores, of which 21 are EMS and 30 are Bob's. Sports Direct paid $101 million in cash for the ...
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News briefs
Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading...
Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading American producer of airguns, archery products, outdoor optics and related accessories sold under the Crosman, Benjamin and CenterPoint brands. It is paying about $152 million for the business, representing about 1.3 times revenues and 7.3 times adjusted Ebitda, to its ...
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News briefs
Exercising an option, BasicNet has agreed to acquire the Briko...
Exercising an option, BasicNet has agreed to acquire the Briko brand of sports eyewear and apparel, which it has been licensing and distributing since March 2016. Depending on its performance, it will pay up to €4 million for the brand, starting with a lump sum of €1 million, to the ...
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News briefs
ABC Distribution will again be the Italian distributor of Inov-8,...
ABC Distribution will again be the Italian distributor of Inov-8, the British brand of trail running shoes owned by Descente, starting with the spring/summer 2018 season. ABC, which now also sells the backpacks of Ultimate Direction, had taken on the Italian distribution for Hoka One One at the start of ...
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News briefs
Inov-8 has unveiled a new partnership with Total Warrior, the...
Inov-8 has unveiled a new partnership with Total Warrior, the U.K.-based obstacle course race, ahead of this year's series. Under the terms of the partnership, all the warriors who participate in the three courses of the series this summer – in Leeds, Shap and Edinburgh - will benefit from exclusive ...
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News briefs
Invista is spending more than $65 million to expand the...
Invista is spending more than $65 million to expand the capacity of its Camden nylon factory in the U.S. for the production of high-tenacity nylon fibers used in Cordura fabrics for outdoor and lifestyle clothing, footwear and equipment. The new facilities will use patented and proprietary technology for solution dyeing ...
