All Sporting Goods Intelligence articles in Volume 28, Issue 24-25
View all stories from this issue.
-
News briefs
Odlo has struck a partnership with Myclimate, under which the...
Odlo has struck a partnership with Myclimate, under which the Swiss outdoor and sports apparel company will donate 1 percent of the turnover generated with its products using the Ceramicool technology in the autumn/winter 2017 season to the Swiss-based non-profit organization. Odlo's contribution will support a community-based reforestation project in ...
-
Article
Mixed results for Newell
In the second quarter of the group's financial year, ended June 30, sales declined by 2.1 percent on a comparable basis in Newell Brands' Play segment, which comprises the brands formerly included in the Outdoor Solutions division of Jarden Corp. except for Marker, Völkl and other winter sports brands. The ...
-
Article
Johnson Outdoors posts record-high profits and revenues
Johnson Outdoors reported double-digit growth in sales for its third fiscal quarter ended June 30. Strong demand for new products drove significantly higher volumes and a nearly three-fold increase in net income compared with the year-ago quarter. Revenues jumped by 11.0 percent to $155.3 million in the quarter. They were ...
-
News briefs
As predicted, Zalando's growth softened in the second quarter, rising...
As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...
-
News briefs
The number of golf rounds played in the U.K. in...
The number of golf rounds played in the U.K. in the second quarter of 2017 increased by 4 percent as compared to the same period of 2016, according to a study by Sports Marketing Surveys (SMS). The second quarter of the year was characterized by warm and dry weather, especially ...
-
News briefs
Sixtus Werke Schliersee is now fully owned by Philipp Lahm,...
Sixtus Werke Schliersee is now fully owned by Philipp Lahm, the former captain of FC Bayern München. Lahm previously had a 50 percent share of the sports care, balm and hygiene product manufacturer, which is based in Hausham, in Germany's Upper Bavaria. Lahm was also already a brand ambassador for ...
-
Article
GoPro sees the light at the end of the tunnel
GoPro's shares jumped by 21.3 percent after the company announced that it expects fewer losses for the third quarter, following better-than-expected results for the second quarter. It also revealed that it is on track to launch the latest version of its flagship camera for the holiday season. As previously reported, ...
-
Article
Outdoor drives Garmin’s results
Garmin raised its full-year guidance after posting earnings for the second quarter that exceeded its expectations, rising by 6.1 percent over the year-ago quarter to $171 million. On an adjusted basis - which excludes the impact of foreign currency gains and losses and certain income tax items - profits inched ...
-
News briefs
Steve Woodside has stepped down as senior vice president of...
Steve Woodside has stepped down as senior vice president of Columbia Sportswear in charge of global sourcing and manufacturing, after three years in this function. The company has initiated a search for his successor.
-
Short stops
Vic Sport will be the new exclusive distributor for Ortlieb...
Vic Sport will be the new exclusive distributor for Ortlieb in the Iberian Peninsula
-
Short stops
Man O'Leasure has taken over the distribution of Ferrino in...
Man O'Leasure has taken over the distribution of Ferrino in the U.K.
-
News briefs
Erima has struck out in a new team sports direction...
Erima has struck out in a new team sports direction by closing its first co-operation agreement with a futsal team, SSV Jahn 1889 from Regensburg in Germany. Futsal is a variation of soccer played with five players per team and on a smaller pitch, typically indoors. Erima will equip both ...
-
Article
Dorel Sports earns more despite sharply lower sales
Dorel Sports recorded a sharp decline in revenues for the second quarter, with sales tumbling by 11.6 percent from the year-ago quarter, down to $209.1 million. However, the bicycle group managed to improve earnings thanks to the implementation of cost-cutting measures. Organic revenues fell by 13.4 percent when removing currency ...
-
News briefs
Decathlon has launched a small range of Nordic walking shoes...
Decathlon has launched a small range of Nordic walking shoes under its Newfeel label, which focuses on walking. The French retailer explains that the Nordic Walking shoes were designed to be flexible, with a special Flex-H concept for the outsole, while providing traction and cushioning. The company has added an ...
-
Short stops
Marchon, the eyewear licensee of Nike, has signed a deal...
Marchon, the eyewear licensee of Nike, has signed a deal with Blunae to act as the distributor of the Nike Vision line in the Spanish sports retailing channel
-
News briefs
Visitors to Performance Days, the fabrics show for the sports...
Visitors to Performance Days, the fabrics show for the sports and outdoor industry scheduled to be held in Munich on Nov. 8-9, can log on its website to get a free ticket and make requests for appointments online. Brands like 3M, Pertec, Polartec, Pontetorto, Primaloft Schoeller, Sympatex and Toray will ...
-
Short stops
Rip Curl has opened its web store in Indonesia...
Rip Curl has opened its web store in Indonesia
-
Short stops
La Cumbre will be the new distributor of La Sportiva...
La Cumbre will be the new distributor of La Sportiva in Chile
-
Article
Crocs’ profits rocket
Crocs saw its net income jump by 54.7 percent to $18.1 million for the second quarter, largely due to efforts to cut expenses and avoid discounted sales. Revenues were down by 3.3 percent from the year-ago quarter to $313.2 million, or by 2.7 percent on a constant-currency basis. This was ...
-
News briefs
A district court judge in Oregon has let a lawsuit...
A district court judge in Oregon has let a lawsuit by Adidas against Skechers over its Stan Smith shoe go to trial, denying a request by Skechers to overrule the claims. He has accepted most of the claims, though not all of them. In the case, Adidas sued Skechers in ...
