All Sporting Goods Intelligence articles in Volume 28, Issue 24-25 – Page 4
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Article
Decathlon prepares to start over again in the U.S. market
As part of its return to the U.S. market, Decathlon is getting ready to open a store in San Francisco later this year. The front of a former Golfsmith store on Market Street has been covered with a message from Decathlon suggesting an imminent opening, and the company answered a ...
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Short stops
After its momentous decision to move its Outdoor Retail shows...
After its momentous decision to move its Outdoor Retail shows from Salt Lake City to Denver, Emerald Expositions has decided to move its Interbike show from Las Vegas to Reno-Tahoe
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Article
Adidas charges ahead
While two leading rivals are cutting back and rejigging their organization, the Adidas Group continued to charge ahead with sharp gains in sales and adjusted operating profit for the second quarter, spread across all markets other than Russia.The group had already made it clear through an upgraded guidance last month ...
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News briefs
Adidas trails only the police for attractiveness as a future...
Adidas trails only the police for attractiveness as a future employer in the opinion of German students. In a recent survey on careers conducted with more than 20,000 students between the ages of 13 and 18, the sports brand was ranked first in the fashion industry and second overall out ...
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Short stops
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper...
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper for the Bournemouth team and the Polish national team
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News briefs
Nixon, the brand of sports watches and accessories, will have...
Nixon, the brand of sports watches and accessories, will have a new chief executive, Scott Kerslake. The American manager is set to leave the Columbia Sportswear group on Aug. 18. The has been running Prana since 2009, building it up to reach a turnover of $100 million by 2014, when ...
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Article
Canada Goose posts losses on 80% higher sales
Canada Goose saw revenues jump by 79.6 percent in the first quarter of its current fiscal year through June 30, with revenues reaching 28.2 million Canadian dollars (€18.8m-$22.1m). The increase was driven by growth in the direct-to-consumer (DTC) channel and the accelerated timing of wholesale shipments. Nevertheless, the company booked ...
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News briefs
Yonex reported a 45 percent jump in comprehensive net income...
Yonex reported a 45 percent jump in comprehensive net income to 455.5 million yen (€3.5m-$4.2m) for the first quarter through June, benefiting from a positive foreign currency swing of ¥222 million (€1.7m-$2.0m). Revenues went up by 4 percent to ¥15.91 billion (€123.6m-$145.0m). Boosted by badminton, sales grew by 4 percent in ...
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News briefs
Aquafil is to merge with Space3, an asset management firm,...
Aquafil is to merge with Space3, an asset management firm, and plans to list on the Italian stock exchange this autumn. Aquafil specializes in the production of synthetic fibers used in the textile, flooring, and clothing industries. The company is also known for its Econyl Regeneration System, an industrial system ...
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News briefs
Goldwin made a profit of 412 million yen (€3.2m-$3.8m) in...
Goldwin made a profit of 412 million yen (€3.2m-$3.8m) in the first quarter of its financial year, ended June 30, as compared to a loss of ¥62 million in the year-earlier period. Sales rose by 16 percent to ¥12.38 billion (€96.2m-$112.9m). The company is forecasting a profit increase of 2 ...
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News briefs
Globeride reports a comprehensive net loss of 370 million yen (€2.9m-$3.4m)...
Globeride reports a comprehensive net loss of 370 million yen (€2.9m-$3.4m) for the fiscal first quarter ended June 30, compared with a profit of ¥503 million in the year-ago period. The gross margin went down by 2 percentage points to 35.7 percent. Excluding extraordinary items and foreign exchange losses, the parent ...
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News briefs
On Aug. 14, Black Diamond Inc., the parent company of...
On Aug. 14, Black Diamond Inc., the parent company of Black Diamond Equipment and Pieps, is changing its corporate name back to Clarus Corporation, which it had until 2010. The change is meant to reflect a desire to enlarge again the scope of the holding company through new acquisitions. BD ...
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News briefs
Descente made a comprehensive net income of 2,041 million yen (€15.9m-$18.6m)...
Descente made a comprehensive net income of 2,041 million yen (€15.9m-$18.6m) in the first quarter ended June 30 versus a loss of ¥1,389 million in the same period of last year. Excluding the foreign exchange effect and other items, net earnings fell by 27 percent to ¥764 million (€5.9m-$7.0m). Sales grew ...
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