All Sporting Goods Intelligence articles in Volume 29, Issue 37-38 – Page 4
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Article
Mixed quarterly results for Alpargatas
Alpargatas' consolidated net earnings jumped by 71.3 percent to 119.8 million reais (€27.6m-$31.3m) in the third quarter ended on Sept. 30, but this was partly due to non-recurring items. Excluding them, the Brazilian group's Ebitda margin fell by 1.3 percentage points to 12.3 percent on 2.2 percent lower revenues of R$ ...
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News briefs
The Aligro Group, the Swedish company that took over Henri...
The Aligro Group, the Swedish company that took over Henri Lloyd earlier this year (SGI Europe Vol. 29 N° 21+22 of July 3), had appointed new managers with experience at companies like Musto and Peak Performance. One of them is Tomas Frydebo, who previously worked for Trendmark, the Swedish distributor ...
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News briefs
Lowa has announced that Alexander Nicolai will join the top...
Lowa has announced that Alexander Nicolai will join the top management on Jan. 1 as joint managing director alongside Werner Riethmann, the German company's longtime chief executive, and Rudolf Limmer and Matthias Wanner, the commercial director and international sales manager. Nicolai has been heading up design and product development at ...
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News briefs
Polartec is introducing Power Air, a fabric said to reduce...
Polartec is introducing Power Air, a fabric said to reduce fiber shedding. Even the most resilient fiber is susceptible to shedding through normal wear. The construction of Polartec Power Air is said to mitigate this by encasing the insulating lofted fibers during the knitting. As the first fabric construction to ...
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News briefs
Crocs has agreed to repurchase the preferred convertible shares of...
Crocs has agreed to repurchase the preferred convertible shares of Blackstone Capital Partners, which had acquired them in 2014 as part of a $200 million investment in the company. Crocs will buy back half of the preferred shares at $26.64 each for a total of $183.7 million. The other half ...
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News briefs
Guillaume de Monplanet has become again the general manager of...
Guillaume de Monplanet has become again the general manager of Adidas France, according to sport-guide.com. He had already held the post between 2012 and last year, when he moved to Herzogenaurach to serve as senior vice president of the Adidas brand in Europe. Nicolas Favre, who ran France in the ...
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Article
TAF’s CEO quits after turning it around
Intersport International Corp. (IIC), which acquired The Athlete's Foot (TAF) at the end of 2012, has announced the planned departure in April 2019 of Ingmar Kraak, crediting the Swiss manager for the “resurgence” of a previously ailing banner of franchised stores for lifestyle sports-inspired footwear. Based at TAF's new head ...
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Short stops
Vans has signed up a South African pro surfer, Michael...
Vans has signed up a South African pro surfer, Michael February
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Article
Fesi calls for more concrete actions to promote sports within the EU
The Federation of the European Sporting Goods Industry (Fesi) is calling EU Member States to include sport and physical activities as a priority in sectors that are not principally defined as sport but where the contribution of sport has nevertheless been widely demonstrated. These areas include, for example, health, education, ...
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News briefs
According to Lanxiong Sports, a Chinese media site covering the...
According to Lanxiong Sports, a Chinese media site covering the sports business, Nike is negotiating a five-year deal, worth up to $144 million, with China's Pro League for the videogame League of Legends. Nike would provide shoes, apparel and other items to all the players on China's 16 teams. Gaming ...
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News briefs
Zalando booked a net loss of €41.7 million in the...
Zalando booked a net loss of €41.7 million in the third quarter, up sharply from €11.1 million in the year-ago period, while sales growth slowed down to 11.7 percent from 28.7 percent. The adjusted operating profit (Ebit) sank to a negative level of €38.9 million on total turnover of €1.2 ...
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News briefs
Replay is launching a sports-inspired collection of 25 styles of...
Replay is launching a sports-inspired collection of 25 styles of garments, called Sport Lab, with technical features. The Italian brand of denim jeans and casual apparel and footwear will offer it at selected department stores, starting with a pop-up shop in Selfridges in London.
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News briefs
In December, with a soft launch scheduled for the 21st,...
In December, with a soft launch scheduled for the 21st, Rossignol is set to open its first American pop-up store at the Benton building in Aspen, Colorado. It will be a seasonal concept store with a decor recalling both Rossignol's 110-year history in winter sports and its rooster logo. The ...
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Article
The European sports market slowed down in 2017
The European sporting goods market performed worse in 2017 than it did in 2016. According to our estimates, the market grew by only 1.7 percent last year in local currencies in the 15 major countries of Western Europe, compared with a growth of 3.0 percent in 2016. Translated into euros, ...
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News briefs
As expected, the retailers affiliated with Sport 2000 in France...
As expected, the retailers affiliated with Sport 2000 in France approved their acquisition of the 52 percent stake held by Activa Capital in their company at an extraordinary shareholders' meeting on Nov. 22. Supported by bank loans, the retailers will finance the acquisition in different ways, changing the status of ...
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News briefs
Sport 2000 Germany launched a contest for influencers, called Game...
Sport 2000 Germany launched a contest for influencers, called Game of Champions, on Nov. 17 at the Commerzbank-Arena, the big sports stadium in Frankfurt. 21-year-old David Rau won the contest. The idea is that football-loving young consumers are more accessible via social media campaigns than via traditional marketing campaigns. The ...
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Short stops
Vans came out on Nov. 2 with a collection of...
Vans came out on Nov. 2 with a collection of space-inspired NASA shoes, clothing and bags
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News briefs
VF Corporation has announced the signing of a 10-year lease...
VF Corporation has announced the signing of a 10-year lease for the remodeled Axtell Soho building in central London, stating that it will become an important business hub for VF and its brands. Located in a vibrant section of the city, close to some of VF's stores in Regent Street, ...
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News briefs
On Dec. 9-10, for the 45th anniversary of its famous...
On Dec. 9-10, for the 45th anniversary of its famous Yellow Boot, Timberland will be hosting an exhibition at the Vinyl Factory in London. On display will be collaborative designs with Stüssy, Supreme, Off-White, Opening Ceremony, OVO and Pharrell Williams as well as a 45th-anniversary limited-edition boot, which will go ...
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Short stops
Decathlon has opened its ninth store in Mexico, covering 3,000...
Decathlon has opened its ninth store in Mexico, covering 3,000 square meters in the Magnocentro de Interlomas in Mexico City
