All Sporting Goods Intelligence articles in Volume 29, Issue 23-24
View all stories from this issue.
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Article
Tablets have raised sales at SportScheck stores
SportScheck reports that the use of tablets has boosted annual sales in its stores by an estimated €10 million, while reducing the number of product returns by half. After launching its in-store app three years ago, SportScheck managed to send out 130,000 new customer cards and to update 90,000 ...
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Article
Rapala’s profits rocket
Rapala VMC significantly improved its earnings in the first half of 2018, driven by strong sales in North America and successful performance improvement initiatives in France and Southeast Asia. The Finnish-based company's comparable operating margin rose by 2.9 percentage points to 10.7 percent, and its net income jumped by 62 ...
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Article
New owners for Nomad
The Nomad Company has been acquired by Nederlands Merkgoed Capital , an investment firm that intends to form a group of sports and outdoor brands. Nomad was divested by the Kooijmans family, which started the Dutch outdoor brand in 1978. Owned by three investors who held leading marketing ...
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Article
Signa Sports reinforces management
Signa Sports United , the company behind Internetstores, Probikeshop , Tennis Point , Outfitter and Stylefile , has reinforced its management team with the appointment of a chief strategy officer (CSO) and a chief technology officer (CTO), as a means to pursue what it describes as “aggressive growth.” Signa ...
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News briefs
Vuarnet has opened a store in New York. Located at...
Vuarnet has opened a store in New York. Located at 35 Spring Street, close to the Supreme shop in the heart of Little Italy, the 100-square-meter store features its new lifestyle apparel collection, in addition to its traditional line of sunglasses. The apparel line has been developed in collaboration with ...
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News briefs
Spanish retailers specializing in paddle tennis are targeting the Italian...
Spanish retailers specializing in paddle tennis are targeting the Italian market, where the sport is growing strongly. Time2Padel is opening its first foreign store in Milan this month, working through a franchisee. Another specialist, Padel Nuestro, opened a store in Rome in 2016.
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Article
XXL's strong growth puts pressure on margins
Thanks to new store openings and a sunny spring in the Nordic countries, XXL ASA recorded strong growth in the second quarter. However, the higher expenses needed to support its growth and foreign exchange rates negatively impacted margins. The company indicated that its main markets responded well when spring ...
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Article
Outdoor synergies in the Rossignol Group
Raidlight-Vertical, the French outdoor company that the Rossignol Group bought in 2016, launched a highly technical trail running shoe for the spring/summer 2019 season based on a cooperation with the Italian R D office of Lange in Montebelluna, one of the ski boot brands of the group. The new shoe, ...
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News briefs
Macron is going to replace Nike as the technical sponsor...
Macron is going to replace Nike as the technical sponsor of Lech Poznan for the next five years, starting with the 2018/19 season. Locally known as the “holejarze,” the football team's club has been the property of the Polish Railways for many years.
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Article
Nike secures football triumph with France
Just a few minutes after France won the football World Cup earlier this month, several players were cavorting around the pitch wearing a Nike jersey with two stars. It marked France's second victory in the tournament – and by most measures it was a marketing win for Nike, which outfitted ...
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Short stops
Fischer is taking the place of Madshus as a sponsor...
Fischer is taking the place of Madshus as a sponsor of Ingvild Flugstad Østberg, the Norwegian Nordic ski champion who won the relay in the Winter Olympic Games in PyeongChang, supplying her with its branded skis, bindings and boots
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News briefs
Figures presented at the recent Ispo Shanghai show indicate that...
Figures presented at the recent Ispo Shanghai show indicate that five million pairs of running shoes are now been sold in China every year and that the total running market grew in 2017 by 25 percent to an estimated $6.32 billion. Around 700 million people, or half of the Chinese ...
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) and...
The World Federation of the Sporting Goods Industry (WFSGI) and the Sports & Fitness Industry Association are working together on the launch of an online database that will provide subscribers with global information on product labelling requirements for the sports and fitness industry. The database, which should be operational this ...
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Short stops
Falke has opened its first sports-only store worldwide in the...
Falke has opened its first sports-only store worldwide in the IFC Mall of Hong Kong
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Article
JD invests in German expansion
JD Sports Fashion is reportedly investing in its resources for development in Germany, to rapidly spread its stores across the country as well as Austria and Switzerland. The British sports fashion retailer moved into Germany in 2013 with the acquisition of a majority stake in Isico , a sneaker ...
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Article
Mizuno rejigs European structure and widens sneaker range
Mizuno is rejigging its European management amid adjustments in strategic plans for the brand in Europe, which will be marketed more forcefully as a multi-sport brand and expanded in the sneaker market. As previously reported, Mizuno reported sales of 14.3 billion yen (€110.1m-$128.6m) in Europe, the Middle East ...
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News briefs
Thomas Lange, who started Keen Europe together with Richard Litzel...
Thomas Lange, who started Keen Europe together with Richard Litzel and two other managers 13 years ago, is leaving the company in mid-October to become the new general manager of GEB, a German voluntary group of shoe retailers specializing in higher-end footwear. The members include big names like Prange and ...
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Article
Sneakers and the internet drive the German shoe market
According to a study conducted by the Institute for Retail Research (IFH) in Cologne together with the BBE, the German consultancy for the retail industry, athletic footwear and canvas lifestyle shoes still represent the best-selling segment of the shoe industry. The study also confirms that the online retail business keeps ...
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News briefs
An entity fully owned by Sports Direct International (SDI), Lovell...
An entity fully owned by Sports Direct International (SDI), Lovell Sports, has invested in the British field hockey and cricket market by buying a specialist retailer out of bankruptcy proceedings. It purchased Barrington Sports, which is described on its website as a retail partner for Lord's Cricket Ground, England Cricket, ...
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News briefs
Just as Sports Direct International (SDI) publicized a sharp decline...
Just as Sports Direct International (SDI) publicized a sharp decline in profits caused primarily by its investment in Debenhams (see full coverage in this issue), the company's chief executive and majority shareholder lashed out at the department store group in The Telegraph, saying that he would be “smashing into [Debenhams]” ...
