All Sporting Goods Intelligence articles in Volume 28, Issue 36-37 – Page 3
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News briefs
Björn Borg has announced higher sales and operating profit for...
Björn Borg has announced higher sales and operating profit for the quarter ended on Sept. 30. The positive performance was driven by increasing marketing efforts. Lady Gaga also drove interest to the brand when she posted a photo of herself on Instagram wearing Björn Borg pieces during a yoga session. ...
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News briefs
British Rowing and British Triathlon have announced a partnership to...
British Rowing and British Triathlon have announced a partnership to cross-promote and align their activities on the integration of British Rowing's Go Row Indoor within British Triathlon's Go Tri Gym Challenge product. The new partnership is meant to help both governing bodies increase their respective number of participants. British Rowing ...
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News briefs
Joma has announced a global online marketing campaign to congratulate...
Joma has announced a global online marketing campaign to congratulate its best tennis players of the year. At the end of the tennis season, the brand said it wanted to thank its sponsored tennis players for the results they achieved during the season. The campaign targets an audience aged between ...
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Article
Mixed results for Alpargatas
Alpargatas, the Brazilian company that owns Havaianas and licenses Mizuno, reports that its performance has started recovering compared with the first half of the year, but the Brazilian group's turnover and net profit in the third quarter remained below the year-ago period.The group's sales tumbled by 3.2 percent to 951.1 ...
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News briefs
Intersport France has launched a new WeLoveSki pass that allows...
Intersport France has launched a new WeLoveSki pass that allows the holder to rent skis, snowboards, boots and ski poles throughout the snow season. The pass is sold exclusively by Intersport at www.intersport-rent.fr. The company will make available only 2,000 passes for this winter. The price for the pass is ...
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Article
Alibaba breaks new records
Alibaba hit a new record with its Singles Day shopping festival on Nov. 11, generating sales of $25.3 billion, 40 percent above the score reached a year ago. The event is a much bigger replica of the Black Friday and Cyber Monday promotions that are becoming common in the Western ...
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News briefs
After confirming the high degree of its reputation in Norway...
After confirming the high degree of its reputation in Norway through a survey among retailers and customers, Rottefella has decided to launch its first full-fledged collection of clothing. The Norwegian brand of cross-country ski bindings says the new brand-building initiative will not be restricted to apparel for Nordic skiing. The ...
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News briefs
AFL-CIO, the American labor union, has asked Nike to disclose...
AFL-CIO, the American labor union, has asked Nike to disclose a formal set of tax principles to which it is committed following the disclosures in the Paradise Papers of the tax loopholes used by the company and other multi-nationals (see our previous issue). AFL-CIO, which is also a shareholder in ...
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Article
World Cup qualifiers favor Adidas and Nike
Adidas has taken an early lead in the World Cup, at least in terms of the number of teams to be outfitted by the German brand, after the last qualifications for the finals were played last week.With eleven teams to wear the Three stripes, Adidas is slightly ahead of Nike ...
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News briefs
As part of the partnership between Adidas and Zalando, customers...
As part of the partnership between Adidas and Zalando, customers can create their own sneakers through Zalando.de. This has been an option for several years on the Adidas brand's online store with Miadidas, which enables consumers to pick their own colors, materials and soles. That same option has become available ...
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News briefs
Adidas, Nike and Rapha Racing were among the winners this...
Adidas, Nike and Rapha Racing were among the winners this year at the International Retail Property Market (Mapic) in Cannes earlier this month. Nike was named “Retailer of the Year.” Adidas' new flagship store on New York's Fifth Avenue was crowned for “Best Store Design.” Rapha's “clubhouse” cycling stores were ...
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News briefs
Kasper Rorsted, chief executive at the Adidas Group, was quoted...
Kasper Rorsted, chief executive at the Adidas Group, was quoted as saying in Bild am Sonntag during the weekend that the company would have a problem if one of its partners was found guilty of breaking the law. The quote was placed in the context of the Adidas group's partnership ...
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News briefs
Adidas is a winner of the second Stop Slavery Award,...
Adidas is a winner of the second Stop Slavery Award, an initiative by the Thomson Reuters Foundation to honor companies that have taken concrete steps to eradicate forced labor from their supply chains. Adidas leads a group of four winning companies which also includes C&A, Intel and The Co-Operative Group. ...
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Article
An improved U.S. golf market helps Acushnet
Acushnet's sales advanced by 2.3 percent in the third quarter to $347 million, driven primarily by the launch of the company's new Titleist 718 golf irons and 818 hybrids. On a constant-currency basis, sales were up by 2.9 percent. The company's management said it was particularly encouraged this quarter by ...
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Article
Acushnet helps Fila to improve margins
The consolidation since late last year of Acushnet, a company in which it now owns 53 percent of the shares, led Fila Korea to book a huge increase in revenues to 569.2 billion Korean won (€440.2m-$519.0m) in the third quarter from KRW 175.5 billion in the year-ago period. It also helped ...
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Article
Amazon launches private label activewear
Amazon has gone ahead with the launch of its private labels for sports products, with three brands at three distinct price points – at least one of them at price levels in the same range as some of the international brands sold by the online retailer.The three brands include Goodsport ...
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News briefs
Lynx Golf has announced the acquisition of the global Lynx...
Lynx Golf has announced the acquisition of the global Lynx trademark portfolio from Dick's Sporting Goods. The move will allow the British, family-owned golf equipment company to expand globally, beyond its current U.K. and European markets. The trademarks have been purchased for an undisclosed amount. Lynx Golf reportedly seeks a ...
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Article
Accell restructures in North America
The disruption of the U.S. sporting goods retail landscape, which is also affecting Dorel Sports (see the related article in this issue), has led the Dutch-based cycling group to scale down its exposure to the multi-sport channel in North America as the company goes under the management of a new ...
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News briefs
Xebio reports a 51.6 percent increase in net income to...
Xebio reports a 51.6 percent increase in net income to 3,724 million yen (€28.2m-$33.2m) for the first half ended Sept. 30. While the total floor space remained flat at 193,098 square meters, the Japanese sporting goods retailer's sales were up by 3.4 percent to ¥116.8 billion (€884.6m-$1,042.3m) during the period, with an ...
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News briefs
Technogym has reported a sales increase of 7.5 percent to...
Technogym has reported a sales increase of 7.5 percent to €413.8 million for the first nine months of this year, with growth of 8.1 percent in local currencies. The strongest growth occurred in the wholesale channel, up by 9.1 percent to €88.8 million. Both Italy and the rest of Europe, ...
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