All Sporting Goods Intelligence articles in Volume 29, Issue 29-30 – Page 4
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Short stops
After operating a temporary store at Dover Street Market since...
After operating a temporary store at Dover Street Market since January, Stüssy has opened a full-fledged, permanent store in the Soho district of the British capital, adding to its other European locations in Madrid, Milan and Amsterdam
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News briefs
Adidas placed a series of equity-neutral convertible bonds worth a...
Adidas placed a series of equity-neutral convertible bonds worth a total of €500 million on Sept. 5. The transaction was 2.7 times oversubscribed. The convertible bonds mature in five years with a coupon of 0.05 percent. The issue price was set at 104 percent of the nominal value of €200,000 ...
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News briefs
The change in European leadership reported at the Adidas Group...
The change in European leadership reported at the Adidas Group last month has revealed several other changes, particularly the appointment of Markus Baumann as senior vice president in charge of global product operations for Adidas. Baumann has already been with the Adidas group for eleven years, the last three of ...
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News briefs
The Adidas Group has appointed Mediacom, which is part of...
The Adidas Group has appointed Mediacom, which is part of the WPP group, for its global media business from September. The two hubs for the global business will be London for Adidas and New York City for Reebok, with Mediacom staff also positioned around key focus locations for the brands ...
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News briefs
Adidas has announced the early renewal of its long-standing partnership...
Adidas has announced the early renewal of its long-standing partnership with the German Football Association (DFB) to 2026. The move was described as a demonstration of trust in the German football team, despite its defeat in the recent World Cup, and as a sign of support for the promotion of ...
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News briefs
Adidas has launched the Tango app for the football community,...
Adidas has launched the Tango app for the football community, and as a rallying point for participants in the Tango League, a grassroots football competition. The group said that the app became available on Sept. 3 in the U.S., the U.K., Germany, France and Spain, to help football enthusiasts ...
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Article
Nike stands firm in Kaepernick ad
Nike unleashed virulent reactions last week with an advertisement featuring Colin Kaepernick, the quarterback who sparked a movement two years ago by kneeling down during the singing of the U.S. national anthem to protest against racial injustice and police brutality. The reactions were mixed, including a presidential rebuff and a ...
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News briefs
Under Armour's collaboration with Dwayne Johnson, the American actor also...
Under Armour's collaboration with Dwayne Johnson, the American actor also known by his wrestling ring name of “The Rock,” has achieved top ranking among best-matched celebrity-brand endorsements in the fashion and retail sectors, according to a study from Spotted. The collaboration had the highest-scoring endorsement deal among all the Fashion ...
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News briefs
Zumiez, the American action sports retailer whose holdings include Blue...
Zumiez, the American action sports retailer whose holdings include Blue Tomato in Europe, continued to improve its results in the second quarter ended Aug. 4. Total revenues went up by 13.9 percent to $219.0 million, with a 6.3 percent increase on a comparable basis. Sales grew by 14 percent to ...
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Equistone Partners Europe is negotiating the possible acquisition of the...
Equistone Partners Europe is negotiating the possible acquisition of the Courir chain of athletic footwear stores from the French Go Sport Group, according to a French magazine, Challenges
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Article
Decathlon accelerates in Germany and the U.S.
In a successful reaction to the former complaints of many traditional German sports retailers, Decathlon is accelerating its expansion in their market with a plan to open no less than 13 new stores in Germany before the end of this year, building up on its current strong portfolio of 53 ...
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Article
Globe’s earnings jump by 66%
Globe International's profitability improved significantly during its financial year ended June 30, with Ebitda rising by 57 percent from the previous year to $9.6 million Australian dollars (€6.0m-$7.0) and net income going up by 66 percent to A$ 8.4 million (€5.3m-$6.2).The management said this reflects a strategy implemented to diversify ...
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News briefs
Hermann Broekhof, 66, has decided to retire after working for...
Hermann Broekhof, 66, has decided to retire after working for 40 years as a journalist in the sporting goods sector for two Dutch trade publications, first for Tendens and then for Sport Partner. He will continue as a freelance writer in the sports and outdoor sectors. Admitting that its printed ...
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Article
361 Degrees is buoyed by kid’s apparel and online sales
The potential further relaxation of Chinese rules regarding the number of children per family could be most beneficial for 361 Degrees International, as children's apparel has been a key growth driver for the Chinese brand's sales in the first half of this year, along with online sales.The group's turnover was ...
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Robert Lazzaroni, a 25-year veteran of the industry, has been...
Robert Lazzaroni, a 25-year veteran of the industry, has been appointed by Salomon as Nordic regional commercial manager for the Americas
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Article
Analysis: Sports apparel market 2017
The global market for branded sports clothing rose by 2.8 percent to $80.4 billion in terms of the vendors’ invoiced sales in 2017, according to an annual survey by Sporting Goods Intelligence, with a relatively flat performance in the U.S. offset by solid gains in Europe and the Asia-Pacific region.
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Article
Sport 2000 International adopts category management
Sport 2000 International has resuffled its product management team in alignment with strategic changes that call for the buying group to transform into a more customer-oriented retail organization, focusing on sports categories instead of product categories like Nike, Adidas and other generalist brands.The direct rival of the German-based organization, Intersport ...
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Article
Sport 2000’s French cooperative prepares a lower takeover bid
Frédéric Poux has been appointed as board chairman of Sport 2000 France, it was announced last month by Activa Capital, after a dispute between the cooperative for the members of Sport 2000 France and the French investment firm that owns a majority stake in the buying group.Poux was the chairman ...
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Article
Lululemon’s comparable sales jump by 20%
Lululemon Athletica posted another stellar quarter, which sent the company's share up by 8 percent after the release of its results. Comparable store sales jumped by a mighty 20 percent, or by 19 percent in constant currencies, including a 10 percent increase in its physical stores. E-commerce grew by 48 ...
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Short stops
K2 Sports has appointed Black Peak Trading, an agency run...
K2 Sports has appointed Black Peak Trading, an agency run by Andy Collin, to handle sales and marketing of all its brands in the U.K.
