All Sporting Goods Intelligence articles in Volume 28, Issue 32-33 – Page 5

  • News briefs

    Peter Aschauer is selling a controlling stake in his 30-year-old...

    2017-10-31T00:00:00Z

    Peter Aschauer is selling a controlling stake in his 30-year-old avalanche airbag company, ABS Peter Aschauer, to Spin Capital. The Munich-based investment company will take over operative responsibility but will continue to work with Aschauer on a partnership basis. Stefan Mohr, chief executive of Spin, which is an abbreviation for ...

  • Short stops

    Odlo has appointed Michaël Bissey, 28, as sales manager for...

    2017-10-31T00:00:00Z

    Odlo has appointed Michaël Bissey, 28, as sales manager for France

  • News briefs

    WiggleCRC has announced the acquisition of Bike24, a German online...

    2017-10-31T00:00:00Z

    WiggleCRC has announced the acquisition of Bike24, a German online cycling retailer. According to The Sunday Times, who first reported the news, the deal is worth around £100 million (€112.6m-$131.7m). Bike24 will continue to trade as a separate business within the group. Bike24 posted revenues of €84.5 million in 2016. ...

  • Article

    Shimano’s profits fall by 23%

    2017-10-31T00:00:00Z

    Shimano saw its net income for the first nine months of the year tumble by 23.7 percent from the year-ago period to 28,104 million yen (€144.1m-$167.8m). Sales inched up by 1.8 percent to ¥245,969 million (€1.9bn-$2.2bn).The Japanese maker of bicycle components and fishing products blamed the profit dip on a weak ...

  • News briefs

    The growth trajectory of Yue Yuen has resumed in 2017...

    2017-10-31T00:00:00Z

    The growth trajectory of Yue Yuen has resumed in 2017 with sales in the nine months to September having risen by 6.7 percent, compared with the increase of only 0.3 percent recorded in the first nine months of 2016. Yue Yuen, a subsidiary of the Pou Chen Group from Taiwan, ...

  • News briefs

    After winning the German Brand Award 2017 this past summer,...

    2017-10-31T00:00:00Z

    After winning the German Brand Award 2017 this past summer, Keller Sports also received the German Design Award 2018 in the category of “excellent communications web design web.” The German multi-channel retailer based in Munich has a premium positioning in the market and offers a narrow selection of branded products online. It ...

  • News briefs

    Thule Group reports an increase in net income to 185...

    2017-10-31T00:00:00Z

    Thule Group reports an increase in net income to 185 million Swedish kronor (€19.0m-$22.1m) for the third quarter, up from SEK 156 million in the year-ago period. Sales grew by 6.9 percent to SEK 1,385 million (€142.2m-$165.4m), rising by 8.5 percent on a constant-currency basis. The underlying operating margin increased ...

  • Short stops

    Moncler has opened a 180-square-meter store in the Esentai Mall...

    2017-10-31T00:00:00Z

    Moncler has opened a 180-square-meter store in the Esentai Mall of Almaty, the capital of Kazakhstan

  • News briefs

    The 16th edition of the Eurosima Surf Summit, which took...

    2017-10-31T00:00:00Z

    The 16th edition of the Eurosima Surf Summit, which took place in Seignosse, France on Oct. 5-6, welcomed more than 300 professionals from the industry. Eurosima is the association of European action sports manufacturers. Among the speakers at the annual action sports conference was Alexandre Mulliez, the 30-year-old innovation and ...

  • News briefs

    Insolvency proceedings were opened on Oct. 13 in Venice for...

    2017-10-31T00:00:00Z

    Insolvency proceedings were opened on Oct. 13 in Venice for MCS Cavaliere, formerly Marlboro Classics, and Industries Sportswear Company, owner of the Marina Yachting and Henry Cotton's brands. In 2013, shortly before going public, Moncler had sold Industries Sportswear to Emerisque Brands, a private equity firm set up in 2004 ...

  • News briefs

    Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce...

    2017-10-31T00:00:00Z

    Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce the Havaianas brand to the local retail market. Alpargatas Argentina is looking to invest the money over a three-year period, first by introducing the brand in retail chains and then later by opening mono-brand stores. Alpargatas Argentina is the local ...

  • Article

    Rapha targets 100 store in 10 years

    2017-10-31T00:00:00Z

    Rapha opened its first German store on Oct. 23. The store is located in the heart of Berlin, at 5 Alte Schönhauser Strasse. It will sell the four performance lines of the British upmarket cycling apparel brand as well as Rapha's urban line, City. The store aims to attract customers ...