All Sporting Goods Intelligence articles in Volume 29, Issue 33-34 – Page 5
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Short stops
Babolat has announced the continuation of its sponsorship deal with...
Babolat has announced the continuation of its sponsorship deal with Dominic Thiem, the 25-year-old Austrian tennis champion
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News briefs
Ortovox has announced the launch of its own wool standard,...
Ortovox has announced the launch of its own wool standard, called the Ortovox Wool Promise (OWP). The outdoor clothing brand said the OWP is the result of two years of preparation, in which the company held talks with wool farmers, suppliers and producers. The OWP is based on the global ...
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News briefs
VF Corp. has announced that Steve Rendle, the company's chairman,...
VF Corp. has announced that Steve Rendle, the company's chairman, president and chief executive, has been recognized by Corporate Responsibility (CR) Magazine as a Responsible CEO of the Year, in the public company category. Rendle was one of six chief executives honored by the magazine at the awards gala that ...
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News briefs
Snowleader, the French omni-channel retailer based in Annecy, has partnered...
Snowleader, the French omni-channel retailer based in Annecy, has partnered with a publisher, Nivéales, to produce a magazine on mountaineering. The 52-page magazine will be packed in with all the information of Snowleader's offerings online and be available free of charge at its brick-and-mortar stores. The initiative aims to inspire ...
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News briefs
Andrés Iniesta, the Spanish football star, will be the new...
Andrés Iniesta, the Spanish football star, will be the new brand ambassador for Asics. The contract was signed in Tokyo at the beginning of this October. In May, Iniesta signed a contract with Vissel, the Japanese football club, for which he started to play this summer. Iniesta works together with ...
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Article
American Golf is rescued by Endless
Endless, a mid-market private equity investor, has completed the acquisition of American Golf, immediately after the specialist golf retailer had fallen into administration, a procedure under the British legislation which is similar to bankruptcy in the U.S. American Golf had appointed Deloitte to find a buyer in early October. The ...
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News briefs
Cherokee, the American licensing firm whose brands include the eponymous...
Cherokee, the American licensing firm whose brands include the eponymous Cherokee, Tony Hawk and Hi-Tec, has filed a registration statement to offer unspecified units of stock, warrants, debt securities and preferred stock and to sell some 2.8 million shares valued at $1.7 million. Short of cash, the firm hopes to ...
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News briefs
Vibram North America has announced that Michael Gionfriddo will retire...
Vibram North America has announced that Michael Gionfriddo will retire as the company's president and chief executive effective Dec. 31, and that Fabrizio Gamberini has been hired as the new president of the U.S. operation. Also, the company has announced that Richard Riegel, currently a member of U.S. company's board ...
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Article
Winter starts off favorably for Amer Sports
The acquisition of Peak Performance and robust sales of winter sports equipment have driven another sales rise for the Amer Sports group in the third quarter, but the Finnish company has set in motion the sale of its cycling business and declined last week to provide any updates on a ...
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News briefs
Rossignol has signed Martin Fourcade as a brand ambassador. The...
Rossignol has signed Martin Fourcade as a brand ambassador. The contract with the French biathlon star will continue for three years after he retires from the sport, Rossignol said. He will be the brand's face for Rossignol skiing, cycling, and urban apparel and footwear collections. Fourcade, who is 30 years ...
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News briefs
Altra has also released an ultrarunning documentary on its Altra...
Altra has also released an ultrarunning documentary on its Altra Running YouTube channel. The 22-minute video, called “Balance,” profiles Nicole Kalogeropoulos Bitter, Kyle Pietari and Cory Reese as they train for and compete in the grueling Western States 100-Mile Endurance Run. While striving to cross the same finish line, the ...
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News briefs
Austria is the first country to cover all its regions...
Austria is the first country to cover all its regions with the Recco SAR helicopter detector for the search and rescue of missing people in the outdoors. The detectors are now available at four bases of the Austrian Air Traffic Police. Every year, between 500 and 600 people are reported ...
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News briefs
A U.S. federal court jury found all three defendants in...
A U.S. federal court jury found all three defendants in a college corruption scandal guilty of conspiring to pay promising basketball players and their families to have them attend colleges sponsored by Adidas. They are scheduled to be formally sentenced next March 5 in the case, which has been amply ...
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News briefs
Albert Habsburg was recently appointed to the position of commercial...
Albert Habsburg was recently appointed to the position of commercial director at Schöffel, responsible for controlling, finances, legal issues and all financial matters linked to the company's operative business. For the past 17 years, Habsburg had been working for Kunert, the sock specialist based in Germany. Schöffel has restructured its ...
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News briefs
Aiming for a major expansion in the U.K., Decathlon has...
Aiming for a major expansion in the U.K., Decathlon has embarked on its second automation project with Omnia Retail, a Dutch-based company whose software provides dynamic pricing and helps execute online marketing. Dating back to 2016, the initial project developed with Omnia had reportedly increased conversion rates by 80 percent ...
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Article
XXL names Bjerknes as CEO after a poor quarter
XXL ASA announced a major change of leadership after publishing relatively weak results for the third quarter. As of Dec. 1st, Ulf Bjerknes will become the new chief executive of the leading Nordic sporting goods retailer, replacing Hans Fredrik Steenbuch.Bjerknes was the CEO of the Swix Sport group between 2008 ...
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Article
Callaway raises guidance after record results
Callaway Golf Company posted stellar results for the third quarter, after a very strong first half. In particular, revenues soared by 8 percent from the year-ago quarter to a record of $263 million. The company also significantly improved its profitability, with adjusted Ebitda soaring by 30.7 percent to $17million.The good ...
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News briefs
Adidas has opened a new event center and staff restaurant...
Adidas has opened a new event center and staff restaurant at its headquarters in Herzogenaurach. The new building, encompassing 14,000 square meters, is called Halftime. By April 2019, Adidas will also open a new building with workplaces for 2,000 employees, a new car park, meeting spaces and areas for sports ...
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News briefs
Adidas has appointed a new general counsel, Jan Heinemann, who...
Adidas has appointed a new general counsel, Jan Heinemann, who will report to Kasper Rorsted, the company's chief executive. The previous general counsel, Frank Dassler, left the company earlier this year, and Paul Ehrlich had stepped in on an interim basis. Ehrlich will resume his post as general counsel for ...
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News briefs
Adidas has announced a voluntary recall of kids' swimwear products...
Adidas has announced a voluntary recall of kids' swimwear products of the Infinitex 3-Stripe range. The recalled swimwear products were sold as part of the 2017 and 2018 collections in both youth and adult sizes through adidas.com, Adidas retail stores and at authorized Adidas dealers globally. The Adidas 3-stripes trademark ...