All Sporting Goods Intelligence articles in Volume 29, Issue 35-36 – Page 2
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Article
Crocs makes a surprising profit
After reporting better-than-expected earnings for the third quarter, led by strong demand for its clogs and sandals, Crocs has raised its guidance for the full year. The company's shares boomed after the announcement, rising by more than 9 percent.Net income rocketed from $1.6 million in the third quarter of 2017 ...
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News briefs
Converse has signed an endorsement deal with Kelly Oubre Jr.,...
Converse has signed an endorsement deal with Kelly Oubre Jr., a basketball forward for the Washington Wizards. This is Oubre's second such endorsement. He is to wear Nike sneakers on-court and Converse sneakers and apparel off-court. Nike acquired Converse out of its bankruptcy in 2003, the same year when Converse ...
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Short stops
Speedo has signed a three-year endorsement contract with Mykhailo Romanchuk,...
Speedo has signed a three-year endorsement contract with Mykhailo Romanchuk, the Ukrainian distance freestyle swimmer who is the current European champion in the 400-meter and 800-meter freestyle categories
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News briefs
Wintex Italia, the company that took over the global management...
Wintex Italia, the company that took over the global management of the Sergio Tacchini brand in 2013, has signed a new licensing deal with Ubc-United Brands Company, which will now be in charge of the production of Sergio Tacchini apparel as well as its distribution in Germany, Switzerland and Austria. ...
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News briefs
Myant, a start-up company from Toronto, has launched on Kickstarter...
Myant, a start-up company from Toronto, has launched on Kickstarter a crowdfunding campaign to bring to market a product called Skiincore, a new smart, self-heating and wire-free base layer concept comprising separate top and leggings. Skiincore features a conductive yarn that holds 18 watts of heating power from a battery, ...
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News briefs
Troy Sicotte will be Columbia Sportswear's vice president of North...
Troy Sicotte will be Columbia Sportswear's vice president of North American sales for the Mountain Hardware brand as of Oct. 22, 2018. He will report to Joe Vernachio, the brand's president. Sicotte has spent well over a decade in the footwear and outdoor industries, first at Birkenstock USA and then ...
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News briefs
While golf club memberships have stabilized in Europe, full-course golfing...
While golf club memberships have stabilized in Europe, full-course golfing has declined by 30 percent over the past decade. According to John Bushell, managing director of Sports Marketing Surveys SMS, the drop does not signal a decline in golfing overall. Instead, it signals a broadening of the ways in which ...
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Article
Clarus diversifies into natural skincare
Clarus Corp. has announced the acquisition of the assets of Skinourishment, the parent company of ClimbOn and other skincare brands. The financial terms of the deal have not been disclosed. Clarus is the parent company of Black Diamond and Pieps, and it recently bought another company, Sierra Bullets.The acquisition of ...
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Article
Record results for Clarus
Clarus Corporation had a record third quarter, led by a strong performance from Sierra Bullets and continued strong growth across the Black Diamond brand. Continuing a favorable streak, the results led the company to enjoy a significant spurt on the stock exchange.Clarus' total revenues rose by 22 percent to $55.7 ...
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News briefs
Nike has inaugurated its flagship store in New York City,...
Nike has inaugurated its flagship store in New York City, dubbed as “House of Innovation 000.” The six-level space, including a below-street-level floor, covers around 68,000 square feet on the corner of Fifth Avenue and 52nd Street. The store has been designed to offer services that are highly customizable and effortlessly ...
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News briefs
Chris Pawlus is the new vice president of product design...
Chris Pawlus is the new vice president of product design and innovation at Keen, the Portland-based maker of outdoor shoes. He will oversee the Outdoor, Lifestyle and Kids departments. Pawlus joins Keen from Timberland, where he spent 21 years, most recently as creative director and vice president of global product ...
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Article
A new European chief for TNF
VF Corp. has appointed Jan van Leeuwen as the new European chief of The North Face. He is taking the place of Kate Smith, who left in July after 16 successful months working in European sales for the brand. Most recently, Van Leeuwen held a similar position at Vans, which ...
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News briefs
Deportes Sevilla, an important regional sporting goods retail chain, has...
Deportes Sevilla, an important regional sporting goods retail chain, has joined Base Detall Sport, the Spanish buying group that recently joined Sport 2000 International. As CMD Sport reports, the deal bolsters Base's presence in Andalusia and establishes it for the first time in the autonomous community's capital, Seville. Founded in ...
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Article
Gresvig has a new CEO
After XXL ASA (see our latest issue), another big sporting goods retailer is changing management in Norway. Lars Kristian Lindberg has taken over as chief executive of Gresvig, the Norwegian retail group that owns the G-Sport and G-Max franchises and is the national licensee of Intersport.Lindberg replaces Pål Heldrup Rasmussen, ...
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Short stops
Remo Ruffini, the major shareholder and CEO of Moncler, has...
Remo Ruffini, the major shareholder and CEO of Moncler, has been enthroned as “Cavaliere del Lavoro,” the highest award given to entrepreneurs by the president of Italy, Sergio Mattarella
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News briefs
Keen has opened a new product distribution center in Sheperdsville,...
Keen has opened a new product distribution center in Sheperdsville, Kentucky. The 300,000-square-foot “Fan Engagement Center,” as the company has called the facility, is said to have the capacity to process 30 percent to 50 percent more daily volume than the company's previous distribution facility. The center, which was inaugurated ...
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News briefs
In reporting its results for the third quarter, Canadian Tire...
In reporting its results for the third quarter, Canadian Tire said that Helly Hansen, the company that it recently acquired, had sales of 181.7 million Canadian dollars (€120.3m-$137.8m) during the period, of which C$ 25.2 million (€16.7m-$19.1m) were generated in Canada and C$ 156.5 million (€103.7m-$118.7m) in the rest of ...
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Article
Canada Goose steps into footwear
The fast-growing Canadian brand of outerwear announced earlier this month a definitive agreement for the acquisition of another Canadian company, Baffin Footwear & Apparel, indicating that this will “ultimately” help it to develop its own line of Canada Goose cold-weather footwear.In addressing financial analysts to comment on its spectacular results ...
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News briefs
UYN has launched a global marketing campaign on Eurosport, featuring...
UYN has launched a global marketing campaign on Eurosport, featuring the biathlon star Dorothea Wierer. It is sponsoring the ski teams of Germany, Austria, France, Italy, Norway, Russia and Slovenia as well as the Slovak biathlon team. UYN, which stands for Unleash Your Nature, is the new brand of functional ...
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Article
New calls for an end to discrimination in the U.S.
Taking their cues from their peers at Nike, who led to the dismissal of Trevor Edwards and other high-ranking executives earlier this year, some employees of Adidas and Under Armour in the U.S. have called for better treatment of women, ethnic minorities and people of color in the last few ...
