All Sporting Goods Intelligence articles in Volume 29, Issue 23-24 – Page 2
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Short stops
Karen Reuther, who worked as global vice president of creative...
Karen Reuther, who worked as global vice president of creative at VF Corporation for 18 months up to last October, has been assigned to the position of global creative director at Reebok, replacing Thomas Steinbrück, who has left the company after less than 18 months
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Short stops
Moody's has raised the corporate rating of Wolverine Worldwide from...
Moody's has raised the corporate rating of Wolverine Worldwide from Ba2 to Ba1
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News briefs
Dwyane Wade has signed a lifetime contract with Li-Ning, the...
Dwyane Wade has signed a lifetime contract with Li-Ning, the Chinese brand which he has represented since 2012. The finalization of the deal coincided with the launch of his latest shoe, the “Way of Wade 7,” at an event in Beijing on July 18. Prior to Li-Ning, the three-time NBA ...
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News briefs
Helly Hansen has sued Off-White, the lifestyle fashion company headed...
Helly Hansen has sued Off-White, the lifestyle fashion company headed up by Virgil Abloh, in a federal court of Illinois, claiming that it intentionally stole its black and white striped logo, using it since 2013. The suit calls for the cancellation of Off-White's registration of its logo.
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Article
Columbia keeps OutDry to itself
Columbia Sportswear, which acquired OutDry Technologies eight years ago, quietly decided to take no more orders for the waterproof-breathable membrane placed by any of its 50-plus external clients after May 15. The company will continue to use the special lamination technology only for the products of its own brands, including ...
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News briefs
Lacoste has just launched a premium Olympic Heritage collection of...
Lacoste has just launched a premium Olympic Heritage collection of polo shirts, hats and other lifestyle garments and accessories in a dozen countries under an exclusive, three-year licensing deal with the Lausanne-based International Olympic Committee. The line features prominently the Olympic rings and other proprietary elements of the Olympic Games' ...
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News briefs
In collaboration with Polartec, Kjus launched a cooling polo shirt...
In collaboration with Polartec, Kjus launched a cooling polo shirt for golf this month. The Kjus Sami Polo is made with Polartec Delta, a fabric that incorporates recycled fibers and a sun protection screen. The four-way-stretch fabric combines recycled polyester, Tencel and elastane fibers. Kjus is part of LK International, a ...
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Article
Mixed preliminary reports by Chinese companies
361 Degrees, which grew less in China than in the rest of the world last year, said in a preliminary statement that its global retail sales increased at a high single-digit rate during the second quarter of 2018. Revenues from the kids' division advanced by a low-teen percentage rate, compared ...
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Short stops
Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou,...
Pegasus, a Chinese shoe manufacturer with a factory in Guangzhou, says it is looking for new customers as it will no longer do business as of September with a client that accounted for 87% of its business in the past year
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News briefs
Changing their minds, the organizers of the Eurobike show in...
Changing their minds, the organizers of the Eurobike show in Friedrichshafen have decided to take it back to its older end-of-season schedule. Messe Friedrichshafen had proposed to stage the show next year from July 31 to Aug. 3, but it gave in to the requests for later dates by Shimano ...
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Article
CEO change at Odlo
Knut Are Høgberg has been appointed to take over as chief executive at Odlo, the Swiss outdoor brand, after nearly three years as chief operating officer and deputy CEO. He has formally taken over this month from Christophe Bézu, who has driven far-reaching adjustments in the Swiss outdoor brand's distribution ...
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News briefs
DW Fitness First has launched a summer campaign to promote...
DW Fitness First has launched a summer campaign to promote family fitness in the U.K., called The School Run. The initiative is to encourage parents to get active with their kids. The company has also launched a new family fitness guide, with exercise routines specifically designed to keep children entertained ...
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News briefs
Calvin McDonald, who has spent the last five years as...
Calvin McDonald, who has spent the last five years as president and chief executive of Sephora in the Americas, has been appointed as Lululemon Athletica's chief executive from Aug. 20. Lululemon said that Sephora, the perfume and cosmetics retailer in the LVMH Moët Hennessy Louis Vuitton group, delivered double-digit growth ...
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News briefs
Keller Sports launched a new online shop, called Keller X,...
Keller Sports launched a new online shop, called Keller X, earlier this month. The German high-end online retailer aims to sell selected lifestyle products and accessories by brands like Nike, Adidas, Puma, New Balance and Asics on its new web store. The number of brands will be expanded in the ...
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Article
The Luhta Group buys into Dachstein
The L-Fashion Group is acquiring a stake of 49 percent in Dachstein, the venerable Austrian brand of outdoor shoes, through Luhta Sportswear Company. The Finnish group's chief executive, Vesa Luhtanen, described the move to us as a strategic investment intended to turn it into a key partner for its clients ...
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Article
Vans fuels buoyant quarter for VF
Another sales rise of 35 percent for the Vans brand in the three months to the end of June fueled a turnover jump of 23 percent to $2,788.1 million for VF Corporation in the first quarter of its new fiscal year.The group reported a sales increase of 12 percent from ...
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News briefs
Wiggle, the British online retailer specializing in cycling, running and...
Wiggle, the British online retailer specializing in cycling, running and swimming products, has launched a range of outdoor products on its website in the U.K. The brands featured on the site include The North Face, Berghaus, Jack Wolfskin, Craghoppers, Marmot, Mountain Hardwear, Icebreaker and Columbia. The initiative is steered by ...
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News briefs
Colmar is planning to open a store on Brewer Street...
Colmar is planning to open a store on Brewer Street in London in October. Other openings are in the pipeline in Lille, France and Kitzbühel, Austria. The Italian sports apparel brand, which has renovated its headquarters in Monza, is also looking at re-entering the U.S. market by opening a sales ...
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News briefs
The share of branded shoes with a sports sole in...
The share of branded shoes with a sports sole in the Russian footwear market reached 70 per cent in 2017, as compared to only 45 per cent several years ago, according to the Fashion Consulting Group. This trend is clear evidence that the women shoes with heels are rapidly losing ...
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News briefs
Munich, the Spanish brand of sports and lifestyle footwear, reportedly...
Munich, the Spanish brand of sports and lifestyle footwear, reportedly raised its revenues by 17 percent to €35 million in 2017. Its own retail operations delivered a 26 percent increase to more than €10 million, thanks in part to the opening of three new stores and a growth of more ...
