All Sporting Goods Intelligence articles in Volume 29, Issue 25-26 – Page 3
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An American investment company, Charlesbank Capital Partners, has been allowed...
An American investment company, Charlesbank Capital Partners, has been allowed by a bankruptcy court to take over the Rockport Group through an affiliate, including the Aravon and Dunham brands that previously belonged to New Balance. The deal was made possible after the settlement of claims made by the Adidas Group, ...
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Deckers posts record sales, aided by Hoka
Led by a strong performance by Hoka One One, Ugg and Teva, Deckers Brands posted a strong first fiscal quarter, with revenues reaching a record high of $250.6 million, up by 19.5 percent from the same quarter last year. On a constant currency basis, sales increased by 17.6 percent.Revenues from ...
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Adidas and Ikea have initiated a strategic collaboration to learn...
Adidas and Ikea have initiated a strategic collaboration to learn more about people's interests in terms of active lifestyles and training, in order to possibly connect them with different housing solutions. In a press release, Ikea says that the two companies want to encourage people to choose good living patterns ...
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Adidas took six of the top ten spots in a...
Adidas took six of the top ten spots in a recent ranking of world's most Instagrammed sneakers. Meanwhile, the survey found that 53 percent of the world's most Instagrammed sneakers were Nike models. The Adidas NMD, which took the top spot, was mentioned in 5.7 million posts, followed by the ...
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Adelis buys Didriksons
Didriksons has been taken over by Adelis Equity Partners, an investment fund that acquired a majority stake in the Swedish rain and functional apparel brand from another fund managed by Herkules Capital.The price was not disclosed. Based in Norway, Herkules bought its majority stake in Didriksons four years ago and ...
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Chris Adamek, who has been a management consultant more than...
Chris Adamek, who has been a management consultant more than 20 years for Columbia Sportswear and other companies, has been named vice president and chief of staff for the Columbia brand, reporting to Joe Boyle, executive vice president and brand president of Columbia
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Adam Chamberlain has been appointed as U.S. sales manager at...
Adam Chamberlain has been appointed as U.S. sales manager at Norrøna, making him the Norwegian outdoor brand's first hire in the country. In more than two decades in the American outdoor industry, Chamberlain previously spent more than six years as vice president of marketing at Black Diamond Equipment, after another ...
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Article
Irons and wedges boosts Acushnet’s revenues
Supported by increased sales of Titleist golf clubs - with higher sales volumes for irons and wedges - Acushnet's sales reached a total of $478.1 million in the second quarter, up by 11.7 percent from the year-ago quarter and by 9.0 percent in constant currencies. Titleist golf balls also performed ...
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The Accell Group has launched a German entity, Accell Bike...
The Accell Group has launched a German entity, Accell Bike Parts, which will drive the international expansion of the XLC brand of parts and accessories, Bike Europe reports. Accell Bike Parts will be part of the Winora Group, which is a German subsidiary of the Dutch-based group. Accell has formed ...
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Abom is partnering with Essilor Prescription Safety Eyewear to provide...
Abom is partnering with Essilor Prescription Safety Eyewear to provide an anti-fog goggle with an RX solution for the user. Based in Portland, Oregon, Abom claims to be the first company in the world to have developed a heated anti-fogging goggle with integrated rechargeable batteries. It is now proposing to ...
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Cab9 Eyewear, a French company formed by a team of...
Cab9 Eyewear, a French company formed by a team of snowboard instructors, has raised a total of €10,649 from 167 contributors through Kickstarter to fund the production of its new action sports sunglass, called the Edge. Based in the French alpine ski resort of Méribel, Cab9 has been turning out ...
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BasicNet’s net profit jumps by 87%
BasicNet, the parent company of Kappa, Robe di Kappa, K-Way, Superga and other brands, reported aggregate sales of their products by its global network of licensees of €398.8 million for the first half of 2018, up by 7 percent at current exchange rates and by 10.1 percent in constant currencies ...
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News briefs
Groupe Go Sport's sales moved up by 8.6 percent to...
Groupe Go Sport's sales moved up by 8.6 percent to €406 million for the first half of this year, as reported by its majority shareholder, the Rallye group. On a same-store basis and in constant currencies, its sales were up by 4.2 percent for the six months. The entire retail ...
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Short stops
The Signa Sports Group is moving its 5,500-square meter Karstadt...
The Signa Sports Group is moving its 5,500-square meter Karstadt Sports store in Stuttgart to a smaller 3,650-sqm. building previously occupied by a Karstadt department store in the German city
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Article
Brunswick sees fitness margins shrink to 5.7%
Brunswick Corporation continued to focus on stabilizing the operating performance of its fitness segment, which it wants to divest. It is also developing new initiatives in the digital space that are receiving growing acceptance, such as its recently announced technology-enhanced partnerships with Apple, Retro Fitness and Orangetheory Fitness.Mentioning steady market ...
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News briefs
JD Sports is launching a 24-hour music and entertainment platform,...
JD Sports is launching a 24-hour music and entertainment platform, called JD-X. The platform, which is being developed in partnership with Immedia, will be offered in-store and in JD's mobile app as a way to blend retail with entertainment. The platform is currently being rolled out to all JD stores ...
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Michael Zeuch replaces Dennis Aubermann as manager of Sport 2000...
Michael Zeuch replaces Dennis Aubermann as manager of Sport 2000 Germany's team sports division, taking care of affiliated retailers that specialize in team sports under the voluntary group's new Absolute Teamsports banner. Zeuch reports directly to Hans-Hermann Deters, overall manager of the group's specialist retail formats. From 1998 to 2005, Zeuch ...
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Article
Rift around a proposed takeover of Sport 2000 France
A rift has erupted between retail members of Sport 2000 France and the majority shareholder of the buying group, Activa Capital, after the collapse of discussions for a takeover of Activa's stake by the sports retailing group's members.Activa Capital became a minority shareholder at the French retail cooperative in 2008 ...
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Article
The mass channel boosts Nautilus’ retail sales in Q2
Driven by double-digit expansion in the mass retail channel, Nautilus' sales in the retail segment improved by 5.7 percent from the year-ago quarter to $39.2 million. The growth in the retail channel helped offset weakness in the direct commercial and specialty channels, and led the fitness equipment company to raise ...
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News briefs
Marker has issued a voluntary recall on certain 2017/18 models...
Marker has issued a voluntary recall on certain 2017/18 models of its Kingpin 10 and 13 ski bindings, after extensive testing and quality control procedures. They have shown that, in rare circumstances, the steel pins in the toe pieces may break, possibly leading to lower release forces and causing a ...
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