All Sporting Goods Intelligence articles in Volume 29, Issue 17-18 – Page 2
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Short stops
Nike has completed the transfer of its Spanish subsidiary from...
Nike has completed the transfer of its Spanish subsidiary from El Prat de Llobregat to a 4,300-square-meter office with more technical features in downtown Barcelona
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News briefs
Salming Sports is closing its concept store on Stockholm's main...
Salming Sports is closing its concept store on Stockholm's main shopping street, Kungsgatan, as one of several changes that the Swedish company plans to implement in the near future. The store first opened in 2015, but since then much has changed in the consumers' buying behavior. Today, Salming has its ...
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News briefs
The European Union (EU) has voted to clarify regulations on...
The European Union (EU) has voted to clarify regulations on nanomaterials, a move that is expected to reinforce the action against the presence of hazardous chemicals in clothing, textiles and footwear. At the Reach (Regulation on Registration, Evaluation, Authorisation and Restriction of Chemicals) Committee meeting in Helsinki on April 26, ...
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News briefs
Nike has extended its sponsorship of the Chinese Super League,...
Nike has extended its sponsorship of the Chinese Super League, the highest division in the country for professional global football, comprising 16 teams, for the equivalent of $470 million in cash over a 10-year period. The Swoosh has been sponsoring the league since 2009.
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Article
Ispo Shanghai will focus on women, children, digitalization
Women may participate less in sport than men, but they spend more money on their athletic clothing and workouts. This makes them a growing target market for the sports industry, and an important focus of Ispo Shanghai 2018.The organizer of the trade show, Messe München, notes that the Chinese sports ...
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News briefs
Christoph Engl will be the new chief executive of the...
Christoph Engl will be the new chief executive of the Oberalp Group from Sept. 1, taking the place of Massimo Baratto who has become the European manager of Under Armour, as we have already reported. Engl comes from a marketing agency that has been promoting the brand of South Tyrol, ...
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News briefs
Champion has opened its first store in the Netherlands. The...
Champion has opened its first store in the Netherlands. The 180-square-meter shop will be located in Amsterdam's city center, at Reestraat 9, in a shopping district filled with retailers, restaurants and bars. The store space is divided over a ground floor, a mezzanine and the basement. Up until now, the ...
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News briefs
Snipes, the retail chain forb sneakers and streetwear products owned...
Snipes, the retail chain forb sneakers and streetwear products owned by Deichmann, will open its first store in France in July. It will be located in the suburban Créteil Soleil shopping center near Paris and will be followed by another store in the Carré Sénart mall of Lieusaint at a ...
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News briefs
Nike, H&M, Burberry and Gap signed up to an initiative...
Nike, H&M, Burberry and Gap signed up to an initiative that aims to improve the industry's record of sustainability after a study found that less than one percent of the clothing is recycled. The four brands joined the Make Fashion Circular program to reduce global waste from fashion by recycling ...
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News briefs
Newell Brands plans to divest Pure Fishing, a division of...
Newell Brands plans to divest Pure Fishing, a division of the former Jarden Corporation that groups numerous brands including Berkley, Abu Garcia, Penn and Shakespeare, joining Rawlings on the selling block. It will also seek a buyer for Jostens. This means that it is likely to retain Coleman, Marmot and ...
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News briefs
UYN, the new brand of Treré Innovation whose name stands...
UYN, the new brand of Treré Innovation whose name stands for Unleash Your Nature, has signed up as baselayer sponsor of the German alpine ski team, which was previously sponsored by Falke. UYN is also sponsoring the Italian and Austria ski teams, replacing X-Bionic, which is concentrating on its sponsorship ...
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Article
Clarus records better-than-expected sales
Clarus Corporation, the parent company of Black Diamond and Sierra Bullets, posted revenues for the first quarter that exceeded analysts' expectations, led by its ammunition and apparel segments.The group paid $79 million last September for Sierra Bullets, a highly profitable U.S. firm whose proprietary manufacturing process is said to give ...
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News briefs
The mandatory daily minimum wage in Myanmar has been raised...
The mandatory daily minimum wage in Myanmar has been raised by 33 percent to the equivalent of US$3.53, following a government decree issued in March that struck a compromise between the positions of employers and labor groups. The last increase in the country's minimum wage took place two and half ...
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Article
Rockport files for bankruptcy
The Rockport Group filed for Chapter 11 bankruptcy protection in a Delaware court yesterday, citing numerous issues including a promotional environment, weak sales at the company's current 22 full-price Rockport stores in North America in recent years and a difficult and expensive separation process from the Adidas Group.A private equity ...
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Article
Decathlon enters the Baltics and Kazakhstan
Decathlon has started building its first store in Lithuania – a first step in the pledged expansion of the French sporting goods retailer in the Baltic region. The company laid down the foundation stone of the store in the VNO Business and Trade Park, next to Vilnius' international airport.The store ...
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News briefs
New Balance has launched a special shoe collection combining its...
New Balance has launched a special shoe collection combining its lifestyle and sports product lines. The red-white shoe collection, called Otruska, is inspired by the host country of the football World Cup that takes place this summer in Russia. With the Tekela and the Furun 4.0 shoe models, New Balance ...
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Article
E-commerce attracts big investors
The fast-moving digital retailing sector, which needs cash to grow, has attracted two very big players at the high and low end of the market.Richemont, which owns brands like Cartier and Chloé, succeeded a few days ago in its bid to take over control of Yoox Net-a-Porter (YNAP) in a ...
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News briefs
Tim Bauer has been assigned to the newly created position...
Tim Bauer has been assigned to the newly created position of retail manager at Intersport Germany. The position was created in order to focus on the restructuring of Intersport into a more retail-oriented retail organization. The 41-year-old will be responsible for the further development of Intersport's Future Stores in Berlin ...
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Article
Sales and profits tumble at Asics, before a predicted upturn
Sizeable sales decreases in the Americas as well as Europe and Japan pushed the turnover of the Asics group down by 9.4 percent in constant currencies for the first quarter, and investments in retailing dragged the Japanese company's income down for the three months.Asics said it has adjusted its five-year ...
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Article
Asics gears up for a recovery in Europe
Asics saw its underlying sales tumble in Europe, the Middle East and Africa (EMEA) for the first quarter, but the company says that the restructuring measures and investments launched last year are starting to pay off.The group's sales in EMEA moved up by of 3.7 percent to ¥28,730 million (€220.8m-$260.5m) but ...
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