All Sporting Goods Intelligence articles in Volume 29, Issue 33-34 – Page 6
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News briefs
Reports indicate that Adidas is going to again become the...
Reports indicate that Adidas is going to again become the sponsor of the Arsenal football club in the U.K. for the next five years, taking the place of Puma at the end of the current five-year contract. Adidas had been Arsenal's sponsors until 1993. As for Puma, the brand is ...
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Short stops
Adidas has extended its eight-year-old sponsorship contract with the French...
Adidas has extended its eight-year-old sponsorship contract with the French Olympique Lyonnais football club until 2025
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Short stops
Adidas has a signed a sponsorship deal with the Real...
Adidas has a signed a sponsorship deal with the Real Kashmir football club, which plays in India's first division
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Article
Fesi and Fedas work more closely, more actively
The Federation of the European Sporting Goods Industry (Fesi) and the European Federation of Sporting Goods Retail Associations (Fedas) have announced a new cooperation agreement that is meant to further reinforce their ongoing collaboration. The document creates a long-term framework agreement focused on a restricted number of policy areas: digital, ...
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Article
VF benefits from acquisitions
VF Corporation reported a 15 percent sales increase to $3,907.4 million in its continuing operations for the third quarter ended Sept. 29, with a 16 percent increase in constant currencies. On an adjusted basis, excluding the acquisition of Williamson Dickie, Icebreaker and Altra, which contributed sales of $324 million during ...
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News briefs
Altra, the American brand of running shoes recently acquired by...
Altra, the American brand of running shoes recently acquired by VF Corp., has signed a sponsorship deal with a 40-year-old distance runner, Kara Goucher, who was formerly sponsored by Skechers. Goucher competed for the U.S. in the Beijing and London Olympics in 2008 and 2012. She was the silver medalist ...
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News briefs
Vans has achieved nearly half the “mindshare” value of Nike...
Vans has achieved nearly half the “mindshare” value of Nike in the U.S. for the current season, according to Piper Jaffray's latest Taking Stock With Teens survey. Besides Vans, Adidas, Lululemon and Crocs showed progress. Surprisingly, Crocs tripled its mindshare as compared to the spring of 2017, reaching the 12th ...
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News briefs
Ogio, the golf bag and accessories brand owned by Callaway,...
Ogio, the golf bag and accessories brand owned by Callaway, is redesigning its logo, website, and brand messaging while also expanding its product line. In addition, there are plans to launch the brand in Japan in 2019. Ogio posted sales of over $45 million last year. According to Callaway, Ogio's ...
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News briefs
Accell Group, the parent company of bicycle brands including Raleigh,...
Accell Group, the parent company of bicycle brands including Raleigh, Sparta, Atala, Haibike and others, has announced the appointment of Ruben Baldew as the new chief financial officer and a member of the board of directors, effective Nov. 1. Baldew, who currently serves as financial director at Unilever Thailand, will ...
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News briefs
CORRECTION: The Korean sporting goods market is about ten times...
CORRECTION: The Korean sporting goods market is about ten times bigger than indicated in our last issue, based on an article in Le Figaro about Decathlon's entry into the country. According to NPD, it was worth around €15 billion in 2017.
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News briefs
Himaraya has reported a 66 percent increase in comprehensive net...
Himaraya has reported a 66 percent increase in comprehensive net income to 837 million yen (€6.57m-$7.47m) for the financial year ended on Aug. 31. Net earnings spiked as well, up 70 percent to ¥728 million (€5.71m-$6.50m). The Japanese sporting goods retailer's revenues were nevertheless down by 7 percent to ¥67.97 ...
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News briefs
Brian Small, who is now 62 years old, is retiring...
Brian Small, who is now 62 years old, is retiring as chief financial officer of JD Sports Fashion on Oct. 31 after 15 years with the company, which has made many important acquisitions lately, including those of Go Outdoors in the U.K. and The Finish Line in the U.S. Under ...
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News briefs
Sensil, the Nylon 6.6 brand created by Nilit, is sponsoring...
Sensil, the Nylon 6.6 brand created by Nilit, is sponsoring Donna Moderna Negev Adventure, a running event organized by the Italian lifestyle magazine Donna Moderna in Israel's Negev desert, designed to inspire women to get moving. The 80-kilometer, four-day race will take place at the end of October. The five ...
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News briefs
Alpen reported a 58 percent dip in comprehensive net income...
Alpen reported a 58 percent dip in comprehensive net income to 1,620 million yen (€12.7m-$14.4m) on 3 percent higher revenues of ¥227.6 billion (€1.8bn-$2.0bn) for the financial year ended on June 30. On an adjusted basis, the Japanese retailer's net income declined by 28 percent to ¥1,979 million (€15.5m-$17.5m). The ...
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Article
Shimano’s profits jump by more than 40%
After a difficult financial year in 2017, Shimano turned things around in the first nine months of 2018, with profits soaring. The company said that it benefited from continued moderate economic expansion in Europe, with higher personal consumption trends backed by improvements in employment and income. Sales were also boosted ...
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News briefs
In December Sneakersnstuff is opening a 3,450-square-foot store in Los...
In December Sneakersnstuff is opening a 3,450-square-foot store in Los Angeles, in close proximity to Venice Beach. The store will be designed by Jenny Askenfors of Bofink Design Studio, Sneakersnstuff's official design partner. According to reports by Footwear News, the company's co-founder, Erik Fagerlind, has said the next cities in ...
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News briefs
The Thule Group reported a 12.7 percent sales increase for...
The Thule Group reported a 12.7 percent sales increase for the third quarter to 1.56 billion Swedish kronor (€150.6m-$170.4m). The growth in local currencies amounted to only 3.8 percent, with a drop of 4.4 percent in the Americas compensated for by a 7.8 percent increase in Europe and the rest ...
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News briefs
100%, a brand of motorcross eyewear based in California that...
100%, a brand of motorcross eyewear based in California that is branching out into cycling, has hired Mike Wilson as marketing manager, a newly-created position. Wilson has more than 20 years of experience in go-to-market strategies and brand management. Most recently, he served as a marketing and public relations agent ...
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News briefs
Marker has issued a product recall for its Kingpin 10...
Marker has issued a product recall for its Kingpin 10 and Kingpin 13 alpine touring ski bindings. There is a risk of breakage in the steel pins of the toe unit. Made in the Czech Republic, the bindings were sold in stores and online from March 2017 to April 2018. ...
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News briefs
As previously reported, Performance Days, the 10-year-old trade show for...
As previously reported, Performance Days, the 10-year-old trade show for functional fabrics, will be moving from the MOC to the main fairgrounds of Messe München for its next session, scheduled for Nov. 28-29. Taking advantage of the larger floorspace in Hall C1, it will host a total of 296 exhibitors ...
