All Sporting Goods Intelligence articles in Volume 28, Issue 22-23 – Page 4
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News briefs
Under Armour (UA) has announced a new long-term partnership with...
Under Armour (UA) has announced a new long-term partnership with Heather Arneton, a French athlete who is considered as a rising star in the world of athletics. Arneton, who is only 15 years old, holds the Under 15 long jump world record, with a jump of 6.57 meters. The sports ...
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Article
Meager sales rise and wider loss for Amer
Amer Sports saw its sales almost flatten and its operating loss widen in the seasonally weak second quarter, but it remains upbeat about the second half of the year and the impact of investments to align its operations with market changes.The group's sales were up by 2 percent to €487.3 ...
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Article
U.S. consumers prefer to buy Nike on Amazon than Foot Locker
Surprisingly, U.S. consumers preferred to buy Nike products on Amazon than at Foot Locker stores in the first half of this year. According to a new survey conducted by UBS among 1,000 American consumers, their preference for Amazon rose to 13 percent of the sample during the period from 10 ...
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Article
Competing with Amazon, Zalando goes premium
Zalando, which is also a major client for sports apparel and footwear brands in Europe, suffered one of its worst days of trading in more than two years, with the share price dropping by 8.2 percent, as the German-based e-commerce giant reported an unexpectedly strong slowdown in its growth. In ...
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News briefs
Nike's expansion of its already massive corporate headquarters in Beaverton,...
Nike's expansion of its already massive corporate headquarters in Beaverton, Oregon, which would involve the addition of 3.2 million square feet of space, will cost more than $1 billion, according to The Oregonian. The daily's estimate is based on a comparison with real estate and similar construction costs in the ...
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Article
Alpargatas changes ownership once more
J&F Investimentos has concluded a deal to sell its controlling stake of 85.7 percent in Alpargatas, the company behind the Havaianas brand of rubber shoes, to three Brazilian investment firms for 3.5 billion reais (€958.9m-$1,100.1m). They are Cambuhy Investimentos, Itaúsa Investimentos and Brasil Warrant. All three of them are controlled ...
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News briefs
More and more men are making a fashion statement all...
More and more men are making a fashion statement all over Europe by wearing colorful sneakers under formal suits, and even tuxedos. Henry Poole, a highly reputed men's tailor on London's Savile Row, has teamed up with Adidas Originals to create two styles of sneakers. The limited edition will be ...
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Article
The head of Intersport U.K. leaves for Al Mana in the Gulf States
Tom Foley, who has been general manager for Intersport in the U.K. and Ireland for more than six years, has been appointed to take charge of the sports retailing arm of the Al Mana Group in the Gulf States.The Al Mana group is a conglomerate operating in the automotive, real ...
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News briefs
Macron has inked an eight-year sponsorship agreement with the Italian...
Macron has inked an eight-year sponsorship agreement with the Italian Rugby Federation (FIR), which has been sponsored by Adidas for the last four years. The Italian teamwear company has also been chosen by Uefa as the official partner of its TEP (Top Executive Program) Kit Assistance Scheme, a project that ...
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Short stops
Puma has reportedly agreed to test a new robotic system,...
Puma has reportedly agreed to test a new robotic system, developed by Magazino, that uses sensors and artificial intelligence to move objects in a warehouse
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News briefs
Puma's good results for the second quarter were again partly...
Puma's good results for the second quarter were again partly offset by weaker results at Volcom and other parts of Kering's Sport & Lifestyle segment, which continued to struggle in a difficult retail environment in the U.S. The total revenues of the segment increased by 15.7 percent to $1,022.4 million ...
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Article
Stronger growth again in sports shoes than garments
This came out for the fourth year in a row from the annual study conducted by Sporting Goods Intelligence on the global branded athletic footwear and apparel markets. While the sports shoe market grew by 8.5 percent to an estimated $57.97 billion last year in terms of the vendors' revenues, ...
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Article
Shimano lowers outlook after profits dip
Shimano has revised its profit outlook for the full year after its net income for the first half of the year dropped by 18.1 percent over the year-ago period to 18,774 million yen (€144.1m-$167.8m). Sales were also lower, dipping by 2.0 percent to ¥163,079 million (€1.3bn-$1.5bn).The Japanese maker of bicycle components ...
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Article
Rapala lowers outlook after weak first half
Rapala VMC posted another set of weak results for the first half of this year, prompting the company to revise down its outlook. The revenues of the world's largest manufacturer of fishing lures, which also sells many other types of products, declined by 2.0 percent from the year-ago period to ...
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Article
Puma upgrades guidance after sharp quarterly uptick
With a widely-spread and footwear-driven increase in demand, Puma's sales expanded faster than anticipated in the second quarter, which led to an upgrade in its full-year guidance for sales as well as operating income.The company said nine days ahead of the publication of its quarterly results last week that its ...
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News briefs
Adidas has signed a multi-year sponsorship agreement with USA Volleyball,...
Adidas has signed a multi-year sponsorship agreement with USA Volleyball, covering the men's and women's teams and the beach volleyball teams. The junior and Paraympic teams are also included in the deal. Adidas will also sponsor Lauren Carlini, a female player from Wisconsin who earned four All-America honors during her ...
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Article
Adidas raises guidance, sells CCM Hockey
The Adidas Group has again raised its guidance for the full year, after its sales increased by 20 percent to €5.0 billion for continuing operations in the second quarter, up by 19 percent in constant currencies, and operating profit surged by 18 percent to €505 million.The group issued preliminary figures ...
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News briefs
Adidas has developed its first laceless running shoe as part...
Adidas has developed its first laceless running shoe as part of its Ultraboost range, using an advanced Primeknit contruction and new yarn engineering for more compression and support. Aramis motion tracking technology has allowed the brand's designers to integrate key support features and other functions based on an analysis of ...
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Article
Tacchini adds eyewear, strikes new collaborations
Sergio Tacchini has announced a license agreement with GEM Lunetterie, a French eyewear company. The company has also announced a collaboration with Johanna Ho, the fashion designer based in Hong Kong, to create a women's tennis line, and a partnership with a French apparel company, Eleven Paris, that recently changed ...
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Article
International outdoor, action sports lift VF
VF Corporation slightly raised its guidance for the full year after sizeable gains for its largest sports and outdoor brands in the second quarter. They were driven by own retail sales and international markets, with particularly buoyant demand for The North Face in Europe.The seasonally small quarter marked another shift ...
