All Sporting Goods Intelligence articles in Volume 29, Issue 21-22
View all stories from this issue.
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Article
Strong results for Pentland
Pentland Group reports a 14 percent increase to £376 million (€424.2m-$493.4m) in its operating profit before amortization of intangibles and extraordinary items for the year ended Dec. 31 . The net value of its assets went up by 22 percent to £1,276 million (€1,439.6m-$1,674.3m). Total group revenues rose ...
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News briefs
Odlo has launched its new Linencool material, which is a...
Odlo has launched its new Linencool material, which is a combination of organic linen and polyester that offers the wearer a reduction of its body temperature by 0.5 degrees as compared to a typical polyester material. Linencool will be introduced to the brand's running, cycling and women's training product categories. ...
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News briefs
The new Outdoor by Ispo show in Munich, which will...
The new Outdoor by Ispo show in Munich, which will take the place of the OutDoor show in Friedrichshafen, will occupy nine halls on the eastern side of the main fairgrounds. It will be divided into three segments: Core Outdoor, Outdoor Plus and X Industries. The third segment will be ...
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Short stops
Odlo is introducing a new Linencool technology in its outfits,...
Odlo is introducing a new Linencool technology in its outfits, giving them a cooling effect estimated at up to 0.5 degrees centigrade through a mix of linen and polyester
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News briefs
Matthias Jendryschik is leaving the position of German marketing manager...
Matthias Jendryschik is leaving the position of German marketing manager for all the brands of Amer Sports, which he has held for three years, to return to Salomon as the new brand manager for Central Europe. He will be replaced by Julia Schehl, who has been working as Salomon brand ...
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Article
Mixed fortunes for SDI’s strategic investments
Sports Direct International (SDI) has offloaded its interest of 19.3 percent in The Finish Line , just after the closing of the U.S. sports retailer's acquisition by the JD Sports Fashion group, its rival in the European and international sports retailing sector. It remains unclear what ...
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Article
SportScheck reduces its offline footprint
The leading German sporting goods retailer, which is performing better online than offline, has decided to close down its stor e in Reutlingen by July 31, reducing the number of its brick-and-mortar stores to a total of 18 stores. After checking various alternatives, SportScheck arrived at this decision ...
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Article
Footasylum’s shares tumble
Footasylum's shares crashed after the British sports fashion retailer reported a robust performance accompanied by a profit warning a few days ago. While its underlying earnings increased by 12 percent to £12.5 million (€14.1m-$16.4m) in the year to Feb. 24, the retailer predicted that they would grow more modestly ...
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News briefs
Intersport opened its first fitness park in Germany on June,...
Intersport opened its first fitness park in Germany on June, 28. The German voluntary group opened it in Kiel in cooperation with Intersport Knudsen, the group's local retail partner, and with Puma and the city of Kiel. Other sponsors and partners are AOK NordWest, the German insurance company, and Kompan, ...
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News briefs
VF's The North Face and Vans have teamed up in...
VF's The North Face and Vans have teamed up in a new counterfeit lawsuit seeking more than $300 million in damages. According to reports in Fashion Network, the complaint was recently filed in Florida federal court. The lawsuit involves 831 websites that are allegedly selling fake Vans and North Face ...
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News briefs
Fila will be presenting its first ever runway show at...
Fila will be presenting its first ever runway show at the next Milan Fashion Week, which is scheduled for September 18-24. The specific venue and date of Fila's show have yet to be confirmed. On that occasion, the brand will be unveiling its spring/summer 2019 womenswear collection. Fila's debut runway ...
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News briefs
Puma France is preparing to invest several million euros to...
Puma France is preparing to invest several million euros to build an enlarged head office in Wacken, just across from the European Parliament in Strasbourg – and a short stroll away from the offices inaugurated by Adidas France a few weeks ago. Established in Illkirch-Graffenstaden, near Strasbourg, Puma France intends ...
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Article
JD pursues European expansion
JD Sports Fashion is on track to deliver a financial performance aligned with consensus market expectations for the full fiscal year ending in F ebruary 2019, bolstered by continued expansion of its store network outside its home market. The update was provided by Peter Cowgill , the British retail ...
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News briefs
The Thule Group has entered into a new, more flexible...
The Thule Group has entered into a new, more flexible and more cost-efficient financing agreement that replaces the one it had contracted in connection with its public offering in November 2014. The new revolving credit facility of €300 million has a maturity of five years with an option for a ...
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Article
Decathlon pushes its private labels
Confirming articles in Sport-guide.com, SportEco and other French media, Decathlon says it is going on with a process of replacing external brands with its own private brands, indicating that their number could rise in the next few years in order to cover all the sports activities, including the ...
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Article
Rip Curl invests in European retailing
Through the first half of this year, Rip Curl will have opened four new stores in Europe as part of a strategy to invest in directly operated retail facilities and in functional action sports products. After the closure of a handful of unprofitable stores in recent years, Rip Curl ...
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News briefs
Sportsworld Cruquius is to be taken over at the start...
Sportsworld Cruquius is to be taken over at the start of October by Intersport Twinsport, the largest Intersport member in the Netherlands, Sport Partner reports. The store of about 6,000 square meters is one of the five megastores run by Sportsworld, which was launched by Inge van Kemenade as a ...
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Article
Is Courir up for sale?
Courir , the French retail chain specializing in athletic footwear, could be sold by the end of this year, according to a report in Capital Finance . Courir is currently part of Groupe Go Sport , which belongs to the Rallye retail group , and the ...
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News briefs
CORRECTION: Intersocks - not the Norman Group - will produce...
CORRECTION: Intersocks - not the Norman Group - will produce X-Technology's X-Socks line at its own Italian facilities. The Norman Group will make X-Bionic clothes.
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News briefs
The German landscape of trade publications is getting more concentrated...
The German landscape of trade publications is getting more concentrated with the acquisition of a national trade magazine, Sport + Mode, by Neue Mediengesellschaft from Verlag Chmielorz. Based in Ulm, Neue Medien had already acquired the leading German trade publication in our sector, SAZ Sport, at the beginning of 2016. ...
