All Sporting Goods Intelligence articles in Volume 28, Issue 34-35 – Page 4

  • Short stops

    Asics has opened its fourth German “performance store” at 55a...

    2017-11-15T00:00:00Z

    Asics has opened its fourth German “performance store” at 55a Schildergasse in Cologne

  • News briefs

    Nicolas Préault, 51, will be the new chief executive of...

    2017-11-15T00:00:00Z

    Nicolas Préault, 51, will be the new chief executive of Tecnifibre, the French tennis equipment company in which Lacoste acquired an 80 percent stake a few months ago, starting early next year, according to sport-guide.com. Préault has been the general manager of Arena France since 2003. He previously worked for ...

  • Short stops

    Lowa and Schöffel have opened their 32nd dual-branded store in...

    2017-11-15T00:00:00Z

    Lowa and Schöffel have opened their 32nd dual-branded store in Nuremberg, measuring 190 m², through a franchisee who is affiliated with Intersport Germany

  • Article

    Paradise Papers show Nike paid less than 3% tax on European sales

    2017-11-15T00:00:00Z

    Placing the spotlight on Apple, Nike, Whirlpool and other multinational companies, the International Consortium of Investigative Journalists (ICIJ) has discovered that they have been able to avoid paying some €60 billion worth taxes on revenues generated in Europe by using a variety of tax loopholes and tax havens.Going through millions ...

  • News briefs

    Adidas presented the official match ball for the 2018 World...

    2017-11-15T00:00:00Z

    Adidas presented the official match ball for the 2018 World Cup in Moscow, in the presence of Lionel Messi. The Telstar 18 is a re-edition of Adidas' first match ball for the World Cup, which it developed for the tournament in Mexico in 1970.

  • News briefs

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

    2017-11-15T00:00:00Z

    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.” 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 opened ...

  • News briefs

    2XU has signed a partnership agreement with GXG, a Chinese...

    2017-11-15T00:00:00Z

    2XU has signed a partnership agreement with GXG, a Chinese fashion retailer, which will make 2XU products widely available to Chinese consumers. 2XU is planning to open up to 50 retail stores in mainland China over the next three years. 2XU currently operates 26 retail and outlet stores in Australia ...

  • News briefs

    Descente's net income declined by 8.9 percent to 2,440 million...

    2017-11-15T00:00:00Z

    Descente's net income declined by 8.9 percent to 2,440 million yen (€18.5m-$21.5m) in the second quarter ended Sept. 30, while its total sales went up by 5.4 percent to ¥65.9 billion (€499.0m-$581.6m), with increases of 7 percent in the athletic category and 4 percent in golf, partly offset by a drop ...

  • News briefs

    Schoeller Textil has won the Design Preis Schweiz 2017/18 in...

    2017-11-15T00:00:00Z

    Schoeller Textil has won the Design Preis Schweiz 2017/18 in the textile category for its heated E-soft-shell. The award was announced in Langenthal, Switzerland on Nov. 3. According to Schoeller's description, E-soft-shell is an electrically heated fabric which can be cut to size without affecting the embedded technology. This technology ...

  • News briefs

    Edelski, the 15-year-old Swiss company that makes and sells Zai...

    2017-11-15T00:00:00Z

    Edelski, the 15-year-old Swiss company that makes and sells Zai skis, has decided to stop manufacturing it at its own factory at Dissentis as of next March because of excessive costs. The company has already developed a line for the next season that will be made at another Swiss plant. ...

  • Article

    Newell’s sports unit posts a 12.8% Ebit margin

    2017-11-15T00:00:00Z

    Newell Brands' Play segment, which includes Marmot Mountain and many other outdoor and sports brands inherited from its recent merger with the former Jarden Corporation, generated net sales of $611 million in the third quarter. They were 2.4 percent higher than in the year-ago period, with growth of 2.3 percent ...

  • News briefs

    Goldwin moved to a comprehensive net profit of 1,681 million...

    2017-11-15T00:00:00Z

    Goldwin moved to a comprehensive net profit of 1,681 million yen (€12.7m-$14.8m) in the first half ended Sept. 30 from a loss of ¥1,126 million. Excluding extraordinary items, the earnings doubled to ¥1,065 million (€8.1m-$9.4m) as the gross margin rose by 2.3 percentage points to 47.7 percent thanks to a higher proportion ...

  • News briefs

    A foreign exchange gain of almost two billion yen (€15.1m-$17.6m) allowed...

    2017-11-15T00:00:00Z

    A foreign exchange gain of almost two billion yen (€15.1m-$17.6m) allowed Globeride to post net income of ¥2,398 million (€18.2m-$21.2m) in the first half ended Sept. 30, compared with ¥745 million in the year-ago period. Revenues advanced by 6.3 percent to ¥44.9 billion (€339.9m-$396.2m), but the gross margin declined by 1.4 percentage ...

  • Short stops

    Nordea Funds increased its stake in IC Group to 5.01%...

    2017-11-15T00:00:00Z

    Nordea Funds increased its stake in IC Group to 5.01% just before the company announced its results for the first quarter

  • News briefs

    Amer Sports is repurchasing up to 10,000 of its own...

    2017-11-15T00:00:00Z

    Amer Sports is repurchasing up to 10,000 of its own shares until next March 7. Meanwhile, Bruno Sälzer, who was elected chairman of the board last March, has been buying shares in the company as well.

  • News briefs

    Eurazeo has announced the sale of 8,500,000 shares of Moncler...

    2017-11-15T00:00:00Z

    Eurazeo has announced the sale of 8,500,000 shares of Moncler S.p.A. through its subsidiary ECIP M S.A. at a price of €24.48 per share, for a total amount of around €208 million. As a result of the sale, ECIP M S.A. will hold 5.31 percent of the share capital and ...