All Sporting Goods Intelligence articles in Volume 28, Issue 28-29
View all stories from this issue.
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Article
Russians are rushing for sneakers
Sneakers and other types of sports shoes are rapidly replacing a large part of the classical footwear used in Russia, and this trend is expected to continue at least until 2020, according to several market studies and the local media. In the most recent selling season, this type of product ...
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Article
Zalando works with a U.S. sneaker retailer
Zalando has struck its first transatlantic retail alliance by extending its partnership program with retailers to a premium American retailer of sneakers and streetwear, Stadium Goods, which tends to offer the latest limited editions of hot products at its two physical stores in New York and on its website in ...
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Article
Stadium re-organizes
Stadium is adjusting its organization by creating distinct entities and leadership for the Stadium and Stadium Outlet stores , which enables the Swedish retail group's chief executive to spend more time on strategic direction and business development. The change comes about two years after Karl Eklöf ...
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Article
Zumiez picks up speed
The American action sports retailer is benefitting from an apparent improvement in the North American boardsports market and from its investments in Europe and Australia. Globally, Zumiez ' sales went up by 7.8 percent to $192.2 million in the second quarter ended July 29, with a 4.7 percent increase on ...
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Short stops
Peak Sports will be the official supplier of uniforms for...
Peak Sports will be the official supplier of uniforms for the Brazilian Olympic team, replacing Nike under a new five-year contract
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Article
JD moves into South Korea
While expanding rapidly in Europe, the JD Sports Fashion Group is continuing to move further afield through a joint venture with Shoemarker (SMK), a South Korean footwear retailing group. The deal will allow the British sports retailer to acquire a stake of 15 percent in a group of 23 stores ...
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News briefs
Speedo is partnering with Samsung for its new swim training...
Speedo is partnering with Samsung for its new swim training platform, Speedo On. The swim tracking app will be pre-installed in Samsung's new Gear Sport and Gear Fit2 Pro smartwatches, which are certified for water resistance in up to 50 meters. Speedo's app measures key metrics including lap count, lap ...
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Article
Thule sets higher profit goals
The Thule Group has raised its financial forecast, setting a long-term goal to generate an underlying operating margin (Ebit) of about 20 percent of sales, up from a previous target of 17 percent. It is still projecting, as before, annual organic growth in sales of around 5 percent. The reason ...
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News briefs
GfK is predicting a recovery for the Swiss sporting goods...
GfK is predicting a recovery for the Swiss sporting goods market, after several bleak years resulting from the strong Swiss franc and the capricious winter weather. According to the market research company, the Swiss market may end the current calendar year with an increase of between two and three percent ...
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Short stops
Nordea Funds has lowered its stake in Rapala VMC from...
Nordea Funds has lowered its stake in Rapala VMC from 11.07% to 9.93%
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News briefs
Jochen Schnell, one of the members of Intersport Germany's executive...
Jochen Schnell, one of the members of Intersport Germany's executive board, is leaving at his own request after spending more than 15 years with the group in various positions. Citing “very private reasons” for his departure, the company said his responsibilities for product and marketing will be taken over by ...
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Short stops
Etonic Holdings has signed an exclusive global license with Ray...
Etonic Holdings has signed an exclusive global license with Ray Cook Brands to manufacture Etonic branded golf shoes, gloves and other accessories
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Short stops
Sport Partner reports that Regatta is opening its first Dutch...
Sport Partner reports that Regatta is opening its first Dutch branded store in Amersfoort, in the center of the Netherlands, to sell the Regatta and Dare2Be brands
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Article
Vista reassigns distribution roles
Vista Outdoor is restructuring international sales operations for its growing stable of sports and outdoor brands to make them more efficient and profitable and to adapt them to the changing structure of the market at retail and wholesale.Andrew Shand, the former vice president of international sales at Camelbak, will continue ...
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Short stops
Poc has taken over the distribution of its products in...
Poc has taken over the distribution of its products in Switzerland from Distributors Airtool
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Short stops
Intercycle is taking on the distribution of Skullcandy in Switzerland...
Intercycle is taking on the distribution of Skullcandy in Switzerland
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Article
Thule develops a new modular retail solution
Thule is offering retail stores a modular solution for easier viewing of the company s products , seeing it as a move to strengthen its presence in the retail stores and to facilitate the customers' choice of the products. It is already in use at Thule's own brand store ...
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News briefs
Stöckli Sport has decided to stop developing and selling its...
Stöckli Sport has decided to stop developing and selling its own brand of bicycles, according to various reports, because of the investments required to innovate the product line. The Swiss company will concentrate on its core business in the ski sector. Its stores will offer the bicycles of other Swiss ...
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Article
Decathlon has plans for Ukraine and Siberia
Decathlon is planning to make its first move into Ukraine with a couple of stores in Kiev, according to local reports, with the first due to open shortly in the Retail Park mall of the capital . A spokesperson for the company confirms that it is working on this ...
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News briefs
Rens van de Schoor, a Dutch entrepreneur who previously re-started...
Rens van de Schoor, a Dutch entrepreneur who previously re-started the Miss Etam and Promiss retail concepts, has established an investment vehicle to take over assets of the Doniger Fashion Group. They include Gaastra, the Dutch nautical brand, along with two fashion brands, McGregor and Adam, which had to be ...