All Sporting Goods Intelligence articles in Volume 29, Issue 31-32 – Page 4
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News briefs
New Era has secured a multi-year agreement with the Tottenham...
New Era has secured a multi-year agreement with the Tottenham Hotspur football club to become its official headwear licensee. The dual-branded headwear has already become available through Tottenham's and New Era's online and offline retail channels.
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News briefs
Started in Detroit just two years ago as a marketplace...
Started in Detroit just two years ago as a marketplace for second-hand sneakers, Stockx has secured $44 million from GV and Battery Ventures, with the stated purpose of expanding its business in international markets. Tech Crunch reports that the company has grown to more than $2 million in daily transactions ...
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News briefs
Zalando has once again reduced its guidance for the current...
Zalando has once again reduced its guidance for the current financial year, indicating that a very hot and long summer affected its sales, resulting in heavy discounting, and delayed the switch to autumn/winter season. The big e-tailer is now expecting its revenues to grow at the low end of its ...
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News briefs
L-Gam Advisors, a company based in Luxembourg, has struck an...
L-Gam Advisors, a company based in Luxembourg, has struck an agreement to buy a majority stake in Woolrich International. The sellers are the Rich family, which owned the Woolrich brand, and WP Lavori in Corso, the brand's long-time licensee and distributor based in Italy that became the majority shareholder in ...
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News briefs
Puma has announced a long-term partnership with Adriana Lima, who...
Puma has announced a long-term partnership with Adriana Lima, who will be the new ambassador for the women's training business. She will represent Puma in marketing campaigns globally. Lima, 37, has been in the fashion industry since the 1990s. She boasts 11.7 million followers on Instagram, where she shows that ...
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News briefs
VF Corporation is making a further adjustment to its brand...
VF Corporation is making a further adjustment to its brand portfolio with a definitive agreement to sell its Reef brand of beach lifestyle products to the Rockport Group, which also holds the Aravon and Dunham brands Rockport, which is now run by Gregg Ribatt, was recently taken over by ...
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News briefs
Adidas tops the Textiles, Apparel and Luxury Goods sector in...
Adidas tops the Textiles, Apparel and Luxury Goods sector in the latest Dow Jones Sustainability Index (DJSI), an annual evaluation of companies' sustainability practices. The German sportswear brand has been included in the DJSI for the 19th consecutive year. The annual DJSI review assesses the sustainability performance of the largest ...
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Short stops
Adidas has extended its sponsorship agreement with the Scottish Football...
Adidas has extended its sponsorship agreement with the Scottish Football Association through 2022
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Article
Spin Capital adds Pyua to its portfolio
Spin Capital, the investment company that last year took over ABS Protection, a major supplier of anti-avalanche airbags, has acquired a controlling interest of 90 percent in Pyua, the German brand of sustainable outdoor and ski clothing.Further acquisitions in the sports sector are not excluded, says Spin Capital, a Munich-based ...
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Article
Bold Nike ad pays off
A bold advertising campaignlaunched by Nike unleashed strong reactions last month, leading to “record engagement” by consumers with the brand, said Mark Parker, the Nike group's chief executive, in a conference call with analysts last week.The “Just Do It” campaign featured Nike endorsees including Colin Kaepernick, the football player who ...
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News briefs
Decathlon is under pressure from activists to eliminate the sale...
Decathlon is under pressure from activists to eliminate the sale of hunting products in its French stores. More than 38,000 people signed a petition to this effect after the French government backed the requests of the French Hunters' Federation (FNC), which boasts 1.2 million members. Its support was said to ...
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News briefs
JD Sprinter intends to absorb Sport Zone España, based on...
JD Sprinter intends to absorb Sport Zone España, based on a filing in the commercial register reported by Moda.es. The entity that manages the Sprinter and JD stores in Spain has started integrating Sport Zone's operations in the country, after the owners of Sport Zone and JD Sprinter formed the ...
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News briefs
While working on a new Absolute Run store format for...
While working on a new Absolute Run store format for specialty retailers, Sport 2000 International is offering the Absolute brand to sports retailers in all the countries in which it has retail members. The Absolute concept has been developed by a strategic working group comprising five national organizations, called Sport ...
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News briefs
There is still no word about the position of Amer...
There is still no word about the position of Amer Sports' board of directors on the proposed all-cash bid for the group by Anta Sports Products and FountainVest Partners (see our previous issue). Amer reported on Sept. 17 that one of its major shareholders, the AXA insurance group, reduced its ...
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News briefs
Media reports have been suggesting that Adidas is about to...
Media reports have been suggesting that Adidas is about to ink a 10-year clothing deal worth £6.5 million (€7.3m-$8.6m) per year with Naomi Osaka, the tennis player who recently won the US Open in New York. The news was initially reported by The Times of London on Sept. 10, and ...
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News briefs
The FC Barcelona club reported record revenues of €914 million...
The FC Barcelona club reported record revenues of €914 million for the 2017/18 season, up from €708 million in the previous year. Ebitda went up to €177 million from €124 million. Higher sponsorship revenues, including those obtained through a new shirt deal with Japan's Rakuten, were only one of the ...
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News briefs
The Willy Bogner group raised its sales by about 5...
The Willy Bogner group raised its sales by about 5 percent to €71.9 million for the first half of the current fiscal year, which will be ending this month, aided by strategic changes launched in 2016 and implemented since last November under the new leadership of Andreas Baumgärtner. This marks ...
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News briefs
Ispo started to accept applications for the 2019 Ispo Awards...
Ispo started to accept applications for the 2019 Ispo Awards on Oct. 1, establishing Dec. 7 as the deadline for receiving them. In the previous contest, the deadline had been set much later, on Jan. 10, leaving little time for the jury to make its selections.
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News briefs
The general assembly of the retail members of Sport 2000...
The general assembly of the retail members of Sport 2000 France held on Sept. 27 reportedly validated the new potential offer issued by the cooperative to take over a share of 52 percent in the buying group . This stake is currently held by Activa Capital, a French-based investment firm. ...
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News briefs
K2 Sports has signed up a new agency, Black Peak...
K2 Sports has signed up a new agency, Black Peak Trading, to cover the U.K. and Ireland for the K2, Ride, Line and Full Tilt brands. The respective lines were previously distributed by K2 UK, which was part of Pure Fishing and remained with its new parent company, Newell Brands. ...