All Sporting Goods Intelligence articles in Volume 28, Issue 34-35
View all stories from this issue.
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News briefs
Tor-Andre Skeie, who plays a key role with two Norwegian...
Tor-Andre Skeie, who plays a key role with two Norwegian sporting goods retailers, Sport Outlet and Sport Norway, has been named as a finalist for this year's Entrepreneur of the Year, organized by Ernst Young, across all categories for the West region of the country. Skeie was nominated ...
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News briefs
Intersport Twinsport, the largest Intersport retailer in the Netherlands with...
Intersport Twinsport, the largest Intersport retailer in the Netherlands with 12 stores, has agreed to take over another five stores from Intersport Duo. The five outlets neatly complement Twinsport's business as they are situated in the province of North Holland, not far from Amsterdam. The Twinsport stores are in other ...
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Article
Mizuno's results are hit by weak U.S. sales
Sluggish sales in the Americas and the weaker pound caused Mizuno's revenues to decline by 1.5 percent to 91.8 billion yen (€694.8m-$808.9m) in its second fiscal quarter, ended Sept. 30. Despite the lower revenues, the company s gross margin rose by 3 percentage points to 41.0 percent , partly due ...
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Article
GoPro returns to profitability
Following many quarters of financial losses, GoPro experienced a reversal of fortune, posting a net income of $15 million for the third quarter - a sharp improvement from the net loss of $104 million of the year-ago period – as revenues soared by 37 percent to $330 million. The company ...
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News briefs
Sportamore, the Swedish online sporting goods retailer, has switched to...
Sportamore, the Swedish online sporting goods retailer, has switched to a new warehouse, but the move did not quite go as planned. The start of the project was delayed by one month, causing about 35 percent of the range offered on its website not to be available for shipment. As ...
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News briefs
The number of golf rounds in the U.K., which had...
The number of golf rounds in the U.K., which had registered a positive trend in the first half of the year, declined in the third quarter when compared with the third quarter of 2016. According to the figures released by Sports Marketing Surveys (SMS), the decline was of 4 percent ...
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News briefs
Ispo Munich is going to host a new series of...
Ispo Munich is going to host a new series of Career Days organized by Andy Guggenheimer's Sportyjob at its next edition, running from Jan. 28 to 31. In contrast with the Career Days held at the last Ispo, only candidates with three to ten years of experience may apply to ...
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News briefs
Snowleader, a French online retailer of snow sports products, has...
Snowleader, a French online retailer of snow sports products, has added Spain to the country list of its online boutiques, with the launch of a new “.es” e-commerce site. The announcement was made by Thomas Rouault, the co-founder and chief executive of Snowleader, on the occasion of the first conference ...
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Article
Garmin raises outlook following strong outdoor sales
Garmin recorded better-than expected results for the third quarter, driven by its outdoor segment, prompting the company to raise its full-year guidance. Sales rose by 2.9 percent from the year-ago quarter to $743.1 million, above Wall Street's average estimate of $721.2 million. The company said it experienced particularly strong demand ...
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Article
Fitbit sees improvements
Fitbit posted a huge loss and a big decline in revenues for the third quarter, in line with expectations. Still, the company said that sales are improving in most regions sequentially and that its first smartwatch, the Fitbit Ionic , has been well received. In the latest quarter, ...
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Short stops
Lolë is testing its first European pop-up store in the...
Lolë is testing its first European pop-up store in the Labege shopping center of Toulouse and in a couple of other medium-sized French cities, Reims and Pau
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Article
Wolverine quantifies its gains from divestitures
Like other companies involved in the outdoor sector, Wolverine Worldwide is trying to maximize margins instead of sales to cope with what it calls “the new normal” of slow growth in the outdoor sector. Announcing the completion of the portfolio management initiatives it had planned for the current financial year, ...
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Short stops
Hoka One One has developed a three-part video series on...
Hoka One One has developed a three-part video series on “Women who fly” on its shoes, after setting their problems aside
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News briefs
Flipkart has reportedly formed a partnership with Decathlon to sell...
Flipkart has reportedly formed a partnership with Decathlon to sell the French retailer's private labels, in a bid to increase its share in the growing Indian sports retail market. The Indian e-commerce giant is said to have a customer base of over 100 million, which will allow Decathlon to increase ...
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News briefs
Dac Sport Import will handle the distribution in Switzerland of...
Dac Sport Import will handle the distribution in Switzerland of the brands previously represented by another distributor, Sport Concept, following a merger of the two companies. Founded in 1985, Sport Concept has been until recently the Swiss distributor of Hestra, Montura, Timbuk2 and other brands. It lost the distribution of ...
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News briefs
Lee Holman, senior vice president and creative director of Lululemon,...
Lee Holman, senior vice president and creative director of Lululemon, is leaving at the end of this year for personal reasons. A former creative director for Burberry and Nike Sportswear, he had joined the Canadian company in 2014.
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News briefs
Patagonia has created an online store for its Worn Wear...
Patagonia has created an online store for its Worn Wear range, selling worn and repaired garments at cheap prices in the U.S. market. The online store is part of the Worn Wear program launched by the outdoor company several years ago. It sells products sourced directly from Patagonia customers, in ...
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News briefs
Warm weather conditions, combined with a governmental decision to subsidize...
Warm weather conditions, combined with a governmental decision to subsidize purchases of electric bicycles, resulted in an 11.4 percent increase in retail sales of sporting goods in Sweden during the month of September. The warm weather was good for segments like running and cycling, while sales of sneakers continued to ...
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News briefs
Moncler has decided to eliminate its two top-of-the-range collections, which...
Moncler has decided to eliminate its two top-of-the-range collections, which it has been presenting at fashion shows. The two lines, Gamme Rouge and Gamme Bleu, were designed by Giambattista Valli and Thom Browne, who are going to stop working for Moncler to concentrate on on their own fashion collections.
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News briefs
Patagonia has worked closely with the Rodale Institute to create...
Patagonia has worked closely with the Rodale Institute to create the Regenerative Organic Certification, which is meant to enrich the soil while valuing people and animals. This was announced in a blog post in September by Rose Marcario, the group's chief executive. She explained that the certification is the result ...
