All Sporting Goods Intelligence articles in Volume 29, Issue 27-28 – Page 2
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Article
Iconix under pressure, SDI on board
A partnership started in February between the Umbro brand and Target stores is working out well for the Iconix Brand Group, but the whole company suffered sagging sales and profits in the second quarter.The U.S. group that holds rights to sports and fashion brands such as Umbro, Ocean Pacific (OP), ...
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Short stops
Eddie Miyoshi, a veteran of Volcom, has been made CEO...
Eddie Miyoshi, a veteran of Volcom, has been made CEO of HUF Worldwide, an American skate brand
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News briefs
Clemens Tinzl will become the new chief executive at Kästle,...
Clemens Tinzl will become the new chief executive at Kästle, the Austrian ski company, in mid-September. He succeeds Bernd Knünz, who joined Kästle as CEO four years ago and is now leaving, citing personal reasons. Knünz started to work for Kästle in Salzburg before the company moved back to its ...
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News briefs
Bata is launching a new limited edition of a legendary...
Bata is launching a new limited edition of a legendary sneaker that it had developed in 1977 for John Wooden, the only person who has ever been inducted into the Hall of Fame for the game of basketball in the U.S. as both a player and a coach. Named after ...
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News briefs
Women's sports attract more and more people in the U.K....
Women's sports attract more and more people in the U.K. According to new research by Nielsen Sports for the Women's Sport Trust and England Hockey, more than half of the U.K. population (59 percent) declares an interest in women's sports. Data show the growth of women's sport as a sponsor ...
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News briefs
Sinn, a German fashion retailer, has assigned consultants to study...
Sinn, a German fashion retailer, has assigned consultants to study the competitive situation in some German cities in relation with the potential tie-up between Karstadt Warenhaus and Kaufhof, Textilwirtschaft reports. It emerged last month that the owners of the two German department store chains had started talks about such a ...
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Short stops
Onitsuka Tiger, the lifestyle shoe label of Asics, has opened...
Onitsuka Tiger, the lifestyle shoe label of Asics, has opened a store in New Dehli's Select City Walk, joining another one in Dehli and one in Mumbai
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News briefs
Asics Europe made headway with the Onitsuka Tiger brand, which...
Asics Europe made headway with the Onitsuka Tiger brand, which raised its sales by 41 percent for the six months. Asics organized a partnership with Foot Patrol and an event at the Paris Fashion Week to celebrate the popular Gel Saga shoe, along with projects with Kiko Kostadinov, the fashion ...
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Article
Vulcabras recovers in women’s shoes, works with Under Armour
Vulcabras Azaleia, which derives most of its revenues from the affordable Olympikus brand of sports shoes, has announced the start of negotiations for the acquisition of Under Armour's five-year-old Brazilian sales subsidiary. Under a joint licensing and operating agreement, Vulcabras will become the exclusive distributor and licensee of the American ...
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Article
Soaring sales and profit for Anta
While investing to upgrade its flagship brand, Anta Sports Products has accelerated its expansion with a sales growth of 44.1 percent to 10,553.5 million yuan renminbi (€1,341.9m-$1,521.8m) for the first half of this year, which led to an unprecedented profit for the Chinese group.The company's gross profit margin firmed up by ...
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News briefs
Vans has partnered with the Van Gogh Museum in Amsterdam...
Vans has partnered with the Van Gogh Museum in Amsterdam on a capsule collection that incorporates elements from Van Gogh's paintings. These elements are integrated into Vans products including the Classic Slip-On, Old Skool, and Authentic shoes, as well as hoodies, tees, backpacks, bombers and hats. Each footwear model features ...
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News briefs
Non-performance sneakers, also known as “athleisure” footwear, is now driving...
Non-performance sneakers, also known as “athleisure” footwear, is now driving growth in the sports leisure category in the U.S., according to NPD's Footwear Insights report for the second quarter of the year. Leisure sneakers - which include sport lifestyle and boots — saw sales increase by 7 percent to $2.9 ...
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Article
Sports Direct buys ailing House of Fraser
After much speculation in recent months, Sports Direct International (SDI) has finalized its acquisition of House of Fraser for £90 million (€100.9m-$114.0m) in cash, which may yield synergies for both its sports and fashion retail business.A well-known and relatively upmarket feature on British shopping streets, the chain comprises of 59 department ...
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Article
Yue Yuen wants to become more agile
Citing intense competition and changing ordering patterns in the industry, the world's largest shoe manufacturer, Yue Yuen Industrial (Holdings) said it will continue to increase automation levels, investing in new technology and process re-engineering to enhance the efficiency of its operations.It said it would leverage its core strengths and competitive ...
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Article
Alpargatas conducts a review after a good quarter
The parent company of Havaianas has hired an international consultancy to review the brand's strategic plan in order to accelerate its internationalization and to capture new opportunities for growth in the domestic Brazilian market. Alpargatas is also planning to appoint an executive digital director in the coming months to drive ...
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News briefs
Reebok has released a technologically advanced sports bra that is...
Reebok has released a technologically advanced sports bra that is said to respond and adapt to the wearer's movement. According to the brand, the PureMove Bra is the first of its kind in offering this characteristic. The new bra, which is the result of a three-year development process, features Reebok's ...
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Article
Adidas Group raises profit margins
Sharp sales increases in China and North America bolstered the Adidas Group's turnover and profits in the second quarter, but it was affected by a faster than projected slowdown in Europe and declining sales for the Reebok brand.The group reported a 4.4 percent sales increase to €5,261 million for the ...
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Article
Adidas appoints new European leader after a slowdown in the region
The Adidas Group has replaced its management in Western Europe, due to unspecified distribution issues that apparently caused it to slow down more rapidly than anticipated in the company's second-largest regional market in the second quarter.Arthur Hoeld, who previously helped to build up Originals for the Adidas brand, was appointed ...
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News briefs
Adidas its set to take over the sponsorship of the...
Adidas its set to take over the sponsorship of the English Arsenal team from Puma, which has just signed to sponsor Manchester City, the current champion in the Premier League, for £50 million (€56m-$64m) annually after its contract with Nike expires in June 2019. The Big a is said to ...
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Article
Canada Goose scores 58% revenue growth
Led by the direct-to-consumer channel, Canada Goose's revenues soared by 58.5 percent to 44.7 million Canadian dollars (€29.9m-$34.0m) for its fiscal first quarter ended June 30. The management mentioned “exceptional” levels of performance in its own stores for this off-peak period of the year.The wholesale revenues of the Canadian maker ...
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