All Sporting Goods Intelligence articles in Volume 28, Issue 34-35 – Page 3
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News briefs
Asics has announced a strategic partnership with Bluesign Technologies, the...
Asics has announced a strategic partnership with Bluesign Technologies, the Swiss-based global partner for a sustainable textile industry, to strengthen chemical management throughout its supply chain. The Bluesign system, adopted by more than 500 companies worldwide, eliminates harmful substances from the beginning of the manufacturing process, while setting and controlling ...
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Short stops
Marc André ter Stegen, the German football player who began...
Marc André ter Stegen, the German football player who began as the goalkeeper of the FC Barcelona team three years ago, is going to endorse the McDavid brand
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Salomon has opened its first single-brand store in Andorra, located...
Salomon has opened its first single-brand store in Andorra, located in the Carlemany shopping center, through the biggest local sports retailer, Viladomat
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News briefs
Bruno Sälzer, supervisory board chairman at Amer Sports, has told...
Bruno Sälzer, supervisory board chairman at Amer Sports, has told Handelsblatt that the Finnish group wants to grow through organic expansion as well as acquisitions, for which it has “a few hundred million” euro at its disposal. The company owns 12 brands, and its latest acquisition was Armada, the U.S. ...
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News briefs
Peter Schlickenrieder is the new brand ambassador for Suunto, the...
Peter Schlickenrieder is the new brand ambassador for Suunto, the sports instruments brand owned by the Amer Sports group. Schlickenrieder has already been brand ambassador for Salomon, which is part of the same group, since 2007. He started to promote Suunto's Spartan Ultra GPS watch for athletic and adventure multisport ...
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News briefs
W.L. Gore & Associates has signed up AKQA, an international...
W.L. Gore & Associates has signed up AKQA, an international communication agency that has worked with many global consumer brands such as Audi, Caterpillar and Levi's, to focus on a more holistic view of the Gore-Tex brand in future B2B and B2C brand positioning work. Gore says the new arrangement ...
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News briefs
Nike's Jordan brand has signed a sponsorship agreement with the...
Nike's Jordan brand has signed a sponsorship agreement with the French Basketball Federation, taking the place of Adidas, at least until 2020. According to L'Equipe, the deal is rumored to be worth €2.2 million. Nike had already been the official supplier between 2001 and 2013.
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Article
Wolverine raises guidance after better-than-expected results
Wolverine Worldwide reported a drop in revenues of 3.7 percent to $581.3 million for the 13 weeks to Sept. 30. Adjusted revenues, which take into account an extra week added through a change in the financial calendar, were down by 8.0 percent. The year-ago quarter had 12 weeks and ended ...
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News briefs
Speculation has heightened around the potential sale of Puma after...
Speculation has heightened around the potential sale of Puma after Challenges, a French business magazine, reported that Rothschild & Co has been hired to study various options. Kering, the French luxury group, bought Puma for about €5.3 billion in 2007. The brand's performance has greatly improved in the last three ...
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News briefs
Casey Sheahan, who had announced his retirement last month after...
Casey Sheahan, who had announced his retirement last month after one year as president of Keen Footwear, is going back into active duty as chief executive of Simms Fishing Products, while that company's president and majority owner, K.C. Walsh, will become executive board chairman. Sheahan served as president of Patagonia ...
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Short stops
After signing a sponsorship deal with the Italian Paddle Tennis...
After signing a sponsorship deal with the Italian Paddle Tennis Federation, Lotto Sport Italia has struck a similar deal with the much bigger Spanish Paddle Tennis Federation
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Short stops
Garmin has signed up an adventurer and survival expert, Ant...
Garmin has signed up an adventurer and survival expert, Ant Middleton, to endorse its Fénix line of multisport watches
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Article
Invista sells apparel & advanced textiles business
Invista has entered into a definitive agreement with Shandong Ruyi Investment Holding, a Chinese textile group, to sell Invista's apparel & advanced textiles business, one of Invista's four major business units. The transaction includes well-known brands such as Lycra and Coolmax, among others, while it does not include Cordura, which ...
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Article
Adidas outperforms in North America
The Adidas Group's expansion has been hampered by weakening retail trends in Europe and infrastructure bottlenecks in North America in the third quarter, leading to a sales increase at the lower end of its projection, but the company still delivered ample rises in sales and profits.The German group's turnover jumped ...
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Article
Adidas appoints three European country managers
After the reshuffle implemented in the Adidas Group's European management structure nearly two months ago, the company has appointed three of its own staff as country managers in France, Iberia and Italy.Nicolas Favre has taken over at the start of this month as country manager in France. He joined the ...
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News briefs
Adidas has unveiled a new app that is meant to...
Adidas has unveiled a new app that is meant to deliver a personalized shopping experience. The Adidas Sports & Style app uses Salesforce technology including Commerce Cloud, Marketing Cloud and Service Cloud. The app gets to know the consumer's preferences, and proposes personalized news stories, blog posts, articles, videos and ...
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News briefs
Adidas announced on Instagram that it has teamed up with...
Adidas announced on Instagram that it has teamed up with N.E.R.D., an American funk rock band, to launch what it has called the Training Gear collection. The company indicates that the range was inspired from the styles of the band members Pharrell Williams, Chad Hugo and Shay Hayley. Williams already ...
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Short stops
Adidas signs a three-year sponsorship deal with the Derry City...
Adidas signs a three-year sponsorship deal with the Derry City football team in Northern Ireland
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Article
Pentland reorganizes for efficiencies and possible acquisitions
Pentland Brands is rationalizing the management of its various brands in the U.K. by closing two offices in Stockport and Wakefield, which currently host the operations of its two team sports brands, Canterbury and Mitre, respectively. These operations are set to be moved to Speedo's existing international headquarters in Nottingham ...
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News briefs
A positive swing of one billion yen (€7.6m-$8.8m) in foreign exchange...
A positive swing of one billion yen (€7.6m-$8.8m) in foreign exchange translations helped Yonex to triple its net profit to ¥1,338.8 million yen (€10.1m-$11.8m) in the first half to Sept. 30, despite a contraction in the gross margin of three percentage points to 41.8 percent due to changes in the product mix ...
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