All Sporting Goods Intelligence articles in Volume 29, Issue 29-30
View all stories from this issue.
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Article
New hires at Pentland
Pentland Brands has appointed an experienced manager, Simon Breckon, as brand director of Ellesse to help sustain its strong momentum, particularly with its strong expansion in North America and Greater China. Pentland noted that Breckon has a proven track record in building brands with strong emotional connections to consumers such ...
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Article
New Wave grows nicely in the sports sector
The sports and leisure division of the New Wave Group, encompassing Craft, Cutter Buck, Seger, Clique and several other brands, raised its turnover by 7 percent to 585.1 million Swedish kronor (€55.5m-$64.3m) for the second quarter, with increases of 4 percent in retail sales and 16 percent in ...
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Article
The Iberian Sports Retail Group pursues its integration
The strategic integration of the Iberian Sports Retail Group (ISRG) is taking shape with an optimization of the JD, Sprinter and Sport Zone retail brands, as well as continued store openings across Iberia. ISRG was formed in January through a joint venture between JD Sprinter and Sport Zone in Iberia, ...
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News briefs
Macron has replaced Jako as the sponsor of a German...
Macron has replaced Jako as the sponsor of a German football club, Hannover 96, through a six-year contract. In its domestic market, the Italian company is currently sponsoring a total of five first-division football teams, more than any other sports brand, although the big properties are taken by the majors. ...
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Short stops
Joma will be the new sponsor of a major French...
Joma will be the new sponsor of a major French handball team near Paris, the US Ivry Handball
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Article
Footasylum’s sales firm up, shares plunge
Footasylum saw its shares take another plunge after its second profit warning in three months, due to an underwhelming performance for the British sports fashion retailer over the summer as well as delays in store openings and enlargements. The retailer saw its share price shrink by more than 50 percent ...
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News briefs
Skechers USA and three of its top executives including the...
Skechers USA and three of its top executives including the company's founder, Robert Greenberg, are the targets of a class action suit by shareholders who claim that they were not told the whole story about certain foreseeable logistic costs in China. They also allege that Greenberg sold a considerable number ...
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Article
Foot Locker has temporary problems in Europe
Foot Locker's share price declined by more than 9 percent after Foot Locker reported a lower-than-expected 0.5 percent increase in comparable store sales worldwide for the second quarter ended on Aug. 4. Low single-digit declines in Europe and Asia were offset by an improved performance generally in North America. Traffic ...
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News briefs
Snipes, the German-based sneaker retailer, has picked e-sports as a...
Snipes, the German-based sneaker retailer, has picked e-sports as a marketing vehicle, leading to multiple investments over the summer. In July it became the official fashion retail supplier for the ESL, the global e-sports organization. They will jointly create a co-branded apparel range and Snipes will supply clothing for some ...
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News briefs
The Eklöf family is strengthening its grip on Stadium, one...
The Eklöf family is strengthening its grip on Stadium, one of the leading Swedish sports retailers, by buying back the 26.8 percent stake that has been held since April 2005 by Ikano. This is a group of companies owned by the family of the late founder of Ikea, Ingvar Kamprad. ...
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News briefs
Due to a shift in sales toward the second half...
Due to a shift in sales toward the second half of the year, the turnover of Le Coq Sportif declined to €56.8 million for the first six months of this year, down from €57.6 million in the prior-year period, but the French brand substantially raised its profit margins. A sharper ...
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Article
Vista Outdoor will put down its guns
Vista Outdoor saw its stock market price surge by 15 percent as it indicated that it plans to sell its much-contested and loss-making Savage firearms operations, likely before the planned disposal of its sports protection brands - Bell , Giro and Blackburn . Some major North American ...
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News briefs
Peter Kuhl, former joint managing director of Uhlsport, left the...
Peter Kuhl, former joint managing director of Uhlsport, left the company at his own request at the end of July to take up new challenges. Since 2008, Kuhl worked for the German team sports company in various departments, among others in finance, purchasing, logistics, IT and quality assurance. He was ...
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News briefs
Vans is partnering with Wrangler for a pair of denim...
Vans is partnering with Wrangler for a pair of denim jeans, a jacket, a skirt and a backpack, which is now available on Wrangler's e-commerce site. Both brands belong to VF Corporation, which recently announced its decision to create a separate structure for its denim brands.
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News briefs
The Swiss sporting goods market suffered an estimated decline of...
The Swiss sporting goods market suffered an estimated decline of 2 percent at retail during the first six months of 2018, according to joint research conducted by GfK and Asmas, the Swiss sporting goods retailers' association, with online sales growing at a double-digit rate. Poor weather conditions at the beginning ...
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News briefs
Decathlon made a successful test of a new logistic system...
Decathlon made a successful test of a new logistic system using a river boat in July, complementing its tests on a railroad link with its production sites in China, which began last November. A train carried 36 Decathlon containers from the Chinese province of Wuhan to Duisburg in Germany, where ...
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News briefs
Sport Master, the Danish sports retail group, is searching for...
Sport Master, the Danish sports retail group, is searching for a new managing director. Jens Høgsted, who held the job for about five years, has left the company. Formerly a buying group, Sport Master was acquired in 2012 by Nordic Capital, and it has about 100 stores around the country. ...
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News briefs
Go Sport has started to offer a new customer service...
Go Sport has started to offer a new customer service on the internet. It has become possible for customers to book appointments with a personal shopper to advise them about their purchases or to get their bicycles repaired or to string their racquets. The French sporting goods retail chain is ...
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News briefs
Crossfit has settled a lawsuit with its primary sponsor, Reebok,...
Crossfit has settled a lawsuit with its primary sponsor, Reebok, over disputed royalty payments. The terms have been kept confidential, but they did include a unspecified payment for back royalties. The two parties entered a licensing and sponsorship agreement in 2010 that made Crossfit the title sponsor of the Crossfit ...
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News briefs
Puma has teamed up with Karl Lagerfeld to create an...
Puma has teamed up with Karl Lagerfeld to create an exclusive capsule collection featuring items for both men and women. The focus of the collection is Puma's Suede 50 sneaker, which celebrates its 50th anniversary this year. The collaboration on the shoe has resulted in two different unisex styles inspired ...
