All Sporting Goods Intelligence articles in Volume 28, Issue 26-27 – Page 3
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Short stops
Michele Norsa, the former top manager of Benetton Sportsystem and...
Michele Norsa, the former top manager of Benetton Sportsystem and Sergio Tacchini who worked as managing director of Salvatore Ferragamo for ten years until last year, has agreed to serve as vice president of Gruppo Biagiotti, helping the young Lavinia Biagiotti Cigna after the sudden death last spring of her ...
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Article
Privatized, Belle will tackle its non-athletic footwear business
Belle International Holdings, the big Chinese retailer which operates more than 20,000 footwear and sports stores, was delisted from the Hong Kong stock exchange on July 27, after a privatization process that turned Hillhouse Capital Group into the company's majority shareholder.Belle had been listed for about a decade but a ...
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News briefs
Customers can sample a local craft beer while shopping at...
Customers can sample a local craft beer while shopping at the new Timberland specialty concept store. Called The Timberland Tree Lab, the store recently opened in the King of Prussia Mall in Pennsylvania, the second-largest shopping mall in the U.S. The experimental store features carefully curated collections and brand stories ...
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News briefs
Creating a new position, Walter Wansauer has been named by...
Creating a new position, Walter Wansauer has been named by Fischer as head of sales for both Germany and Austria. The executive, who has been with the company for nearly 20 years, had been appointed a year ago as country manager for Germany, taking the place of Siegfried Passreiter after ...
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News briefs
Skechers Performance has been named the official footwear partner for...
Skechers Performance has been named the official footwear partner for the 2017 Solheim Cup, the women's team golf competition between Europe and the U.S. The event will take place in the U.S., at the Des Moines Golf and Country Club in Iowa, on Aug. 18-20. Selected players will wear a limited-edition ...
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Short stops
Erima has been picked as a sponsor by the Pool...
Erima has been picked as a sponsor by the Pool Section of the Royal Dutch Billiard Federation
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Article
Fila moves upmarket, becomes more profitable
Ten years after acquiring the brand, Fila Korea and its licensees around the world are trying to position the former Italian brand in a higher segment of the sports lifestyle market, notably by banking on its heritage through collaborations with designers and celebrities like other big brands of sports shoes. ...
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News briefs
Uhlsport will become the official supplier of the FC Cologne...
Uhlsport will become the official supplier of the FC Cologne football team in the German Bundesliga, replacing Erima from 2018 for four years. FC Cologne was the winner of the first ever Bundesliga championship in 1963 and one of the most successful in the early years of the competition, but ...
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News briefs
Urban Styles, a distributor based in Cologne that belongs to...
Urban Styles, a distributor based in Cologne that belongs to Snipes, a subsidiary of the Deichmann Group, took over the distribution of the new premium and fashion-oriented Kappa Authentic product range in Germany in May, signing a selective distribution partnership with Kappa Germany. The range will only be sold to ...
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News briefs
Italy's Radici Group, a fiber manufacturer based in Bergamo, has...
Italy's Radici Group, a fiber manufacturer based in Bergamo, has become a sponsor of the local football club, Bergamo. Noting that the company is the second-largest European manufacturer of nylon, a fiber that is heavily used in sports clothing, Radici says the sponsorship should help it to get more visibility ...
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News briefs
Heiner Oberrauch, president of the Oberalp Group, has been awarded...
Heiner Oberrauch, president of the Oberalp Group, has been awarded one of the highest honors by the Austrian government. Wolfgang Spadinger, consul general of Austria in Bolzano, pinned the Great Order of Merit to Oberrauch's jacket at the end of August in a ceremony held in the city, where the ...
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Article
Intersport and XXL gain from SDI’s weakness in Austria
As XXL and Decathlon are entering the country, Intersport Austria plans to open 14 new stores by the end of this year, with a combined retail surface of around 18,000 square meters. For the members of the voluntary group, which are said to have become more profitable than before, it ...
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News briefs
Australia's Super Retail Group will unify its two sporting goods...
Australia's Super Retail Group will unify its two sporting goods retail chains in the country, Amart and Rebel Sport, by rebranding all its Amart stores as Rebel by Oct. 31. The move is expected to result in synergies of 15 million Australian dollars (€10.1m-$12.0m) over the next two years. Together, ...
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Article
Atomic and Salomon quit Ispo
Atomic and Salomon, two brands that jointly claim a share of 35 percent in the difficult alpine ski equipment market, have decided not to exhibit at the next Ispo Munich show, scheduled for Jan. 28-31. In giving out the news, their parent company, Amer Sports, added that it has agreed ...
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Article
Athleisure helps Stella pull off strong results
Stella International saw revenues for the six months to June 30 advance by 5.7 percent to $762.4 million. Volumes also rose, with 27 million pairs of shoes shipped - an increase of 6.3 percent over the year-ago period.The company attributed this performance to increasing demand for “fashion athletic products” and ...
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News briefs
A new association of sporting goods sales reps has launched...
A new association of sporting goods sales reps has launched a new sporting goods fair for the Spanish region of Galicia. With 14 brands – including CMP, Dare2b, Lizard, Mizuno, Regatta and Speedo - and 45 local retailers participating in the new event, the first edition of the event, held ...
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News briefs
Mike Ashley has made a nice capital gain from his...
Mike Ashley has made a nice capital gain from his recent investment in Game Digital as the value of the British video game company's shares rose by more than 50 percent to 37 pence following better-than-expected results and a statement by the management that it will invest in the growing ...
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Article
Billabong claims to be turning around
Billabong International recorded heavy losses for its fiscal year ended June 30, 2017, after writing down the value of several of its brands. It posted a net loss of $77.1 million Australian dollars (€51.3m-$61.3m), compared with a net loss of A$23.7 million a year earlier. But the company said that it ...
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News briefs
Japan's Dunlop group turned around to a net profit of...
Japan's Dunlop group turned around to a net profit of 1,727 million yen (€13.2m-$15.7m) in the first half ended June 30 from a loss of ¥1,186 million, despite a one percent drop in total revenues to ¥36.16 billion (€276.5m-$327.9m). Excluding foreign exchange gains, net income rose to ¥1,288 million (€9.8m-$11.7m) from ...
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Short stops
Oberalp is going to open the second Italian Under Armour...
Oberalp is going to open the second Italian Under Armour brand store in Milan next Sept. 14, covering 340 square meters on Piazza Gae Aulenti, close to Nike's relatively new Italian head office
