All Sporting Goods Intelligence articles in Volume 28, Issue 36-37 – Page 2
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Article
Intersport's central online retailing platform goes live
While Intersport's retail partners started piloting its updated store concept (see the article in this issue), Intersport International Corporation (IIC) has been making rapid strides with its international digital retailing platform, which went live in the last few days in Denmark and the Netherlands.The platform was launched by IIC's digital ...
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News briefs
Canada Goose's new flagship in London was hit by burglars...
Canada Goose's new flagship in London was hit by burglars on Nov. 14, just days after its opening. According to reports, a ten-people gang used scooters to smash into the store's glass door. The thieves threatened a night security guard with a hammer and then managed to run away with ...
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Article
Lower margins in Brunswick’s fitness segment
The operating margin of Brunswick Corporation's fitness division, which is led by Life Fitness, fell to 8.0 percent in the third quarter ended Sept. 30 from 12.2 percent in the same period a year ago. It remained depressed also for the first nine months of the year, down to 7.7 ...
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Short stops
Nike signs up Kyle Edmund, a British tennis player ranked...
Nike signs up Kyle Edmund, a British tennis player ranked in 50th place, with a four-year contract reported to be worth £2 million a year
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News briefs
Zai, the Swiss brand of high-end skis, is ceasing production...
Zai, the Swiss brand of high-end skis, is ceasing production at its own site in the Swiss town of Disentis, but the company's new investors are reportedly planning to outsource it elsewhere in Switzerland. The company's founder and designer, Simon Jacomet, is leaving. Benedikt Germanier, a former global strategist for ...
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Short stops
Bogner has opened a new store in Prague, located in...
Bogner has opened a new store in Prague, located in the big, recently opened Chodov shopping center
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Short stops
Snow + Rock has a new store in England's Bluewater...
Snow + Rock has a new store in England's Bluewater shopping center, the largest one in the U.K. with a retail floor area of 13,000 square feet
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Article
Halford's bike sales go up, margins decline
Halfords' shares dropped by 2.4 percent after the British retailer posted underlying pre-tax earnings for its first half-year that were off by 9.8 per cent from the year-ago period to £36.8 million (€41.1m-$48.4m), weighed down by currency headwinds. The company estimates that it incurred an extra cost of sales of ...
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News briefs
Suffering in particular from the increasingly popular bike sharing programs...
Suffering in particular from the increasingly popular bike sharing programs in China, Giant Bicycle reported a one percent drop in revenues to 14.9 billion Taiwan dollars (€420.1m-$495.3m) in the third quarter ended Sept. 30. The company performed better in Europe and the U.S., thanks to new models introduced in July. The ...
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Article
Better results for Crocs
Although Crocs' revenues for the third quarter were off by 1.1 percent from the year-ago quarter, down to $243.3 million, they were above the top end of the company's revenue guidance, exceeding analysts' expectations. Income from operations improved to $2.7 million, as compared to last year's loss of $1.2 million.The ...
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News briefs
Three Norwegian sporting goods brands have been named winners of...
Three Norwegian sporting goods brands have been named winners of the prestigious DOGA design award by Design and Architecture organization in Oslo. Northern Playground was recognized for the design of its zipped collection of baselayers. The Bjørn Dæhlie brand of sports clothing won an award for its recent re-branding project ...
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Article
Bid by Karstadt’s owner to bag rival Kaufhof
Hudson's Bay Company (HBC), the owner of Galeria Kaufhof department stores in Germany, has reacted with circumspection to a bid reportedly worth about €3 billion from Signa. The Austrian group already owns Karstadt, the leading competitor for Kaufhof, and both department store groups are significant players in the German sports ...
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News briefs
Gumercindo Moraes Neto has resigned as president of Asics for...
Gumercindo Moraes Neto has resigned as president of Asics for Latin America, with effect from Nov. 1. Alexandre Fiorati, the chief financial officer of Asics do Brasil, is said to be taking over his place. A veteran of the Brazilian sporting goods industry, Gumercindo plans to take a six-month sabbatical, ...
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News briefs
Skechers has appointed a new chief financial officer, John Vandermore....
Skechers has appointed a new chief financial officer, John Vandermore. He takes over the related responsibilities from David Weinberg, who will continue as chief operating officer of the company. Vandermore spent the last two years as CFO of Mattel. He previously worked for 12 years with the Walt Disney Company ...
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News briefs
Merrell has appointed a new chief marketing officer, Strick Walker,...
Merrell has appointed a new chief marketing officer, Strick Walker, and a new senior product director for active lifestyle, Johanna Koeberle. Walker comes from Spindrift Beverage company, where he had a similar job. He worked previously for Patagonia and Converse. Koeberle is an Adidas veteran who has also worked for ...
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News briefs
Lululemon Athletica has reportedly appointed a new “brand creative director”...
Lululemon Athletica has reportedly appointed a new “brand creative director” who may or may not take the place of Lee Holman, the creative director who has announced his resignation from the end of this year. The new manager, Rémi Paringaux, is expected to supervise product design as well as branding. ...
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Short stops
Wilson has appointed a professional women's squash player, Nicol David,...
Wilson has appointed a professional women's squash player, Nicol David, to its advisory staff
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News briefs
The European Outdoor Group has formally started inviting applications for...
The European Outdoor Group has formally started inviting applications for the position of secretary general, which has been filled until now by Mark Held. The candidate should have a minimum of ten years of experience in the wider outdoor sector, among other prerequisites. More in our Outdoor Industry Compass.
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News briefs
Sports Direct International (SDI) is apparently developing a new retail...
Sports Direct International (SDI) is apparently developing a new retail brand, selling almost anything from dental floss to screwdrivers and household gloves (progressively classified as men's products, while the women's section features underwear calendars along with chocolate ring dog chews and a teenage ninja turtles scooter). “The brands you love for ...
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Short stops
Confirming its apparent recovery, the Swiss sporting goods market grew...
Confirming its apparent recovery, the Swiss sporting goods market grew by 4.4% in the first nine months of this year
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