All Sporting Goods Intelligence articles in Volume 30, Issue 23-24
View all stories from this issue.
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News briefs
Joma will be the new technical sponsor of Spain's national...
Joma will be the new technical sponsor of Spain's national futsal league, the Liga Nacional de Fútbol Sala (LNFS). For five seasons as of 2019/2020, the Spanish sports footwear and apparel brand will be supplying official game balls for all LNFS matches for the Primera División – regular league play, ...
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News briefs
Patagonia is launching a mail-in option for its Worn Wear...
Patagonia is launching a mail-in option for its Worn Wear sustainability program in the U.S. Customers will have the opportunity to mail-in used Patagonia clothing, in exchange for credit to buy items in the brand's retail stores. The initiative is intended to make sustainable practices more accessible to customers and ...
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Article
Pentland keeps growing and growing
The stellar performance of JD Sports Fashion, whose revenues grew by 49.2 percent to £4.72 billion (€5.25bn-$5.88bn) in the financial year ended last Feb. 2, helped its controlling shareholder, Pentland Group, to record an overall increase in revenues of 38.9 percent to £5.1 billion (€5.7bn-$6.4bn) for its financial year ended ...
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Short stops
The Wassermann Media Group, which represents numerous sports properties including...
The Wassermann Media Group, which represents numerous sports properties including the victorious U.S. women's football team, is reportedly discussing the acquisition of a similar French-based group, Lagardère Sports and Entertainment, for a purchase price in the range of $250 million to $300 million
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Article
Governance is questioned
Peter Cowgill, the group's executive chairman, gave the sales update just before the company's annual general meeting, held on July 3, where all the resolutions on the agenda were passed. However, the board of directors said the time was appropriate now for a review of the company's corporate governance practices, ...
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News briefs
Just as we are going to press, we hear that...
Just as we are going to press, we hear that Kjus, the premium Swiss brand of ski and golf clothing, is being acquired by Acushnet Holdings, the golf equipment group controlled by Fila Korea. Kjus' founder, Didi Serena, and his son Nico are expected to continue to be involved in ...
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Article
The future looks good
The outlook for the current financial year calls for a slightly higher increase in the high single digits than in the last one on a reported basis. Sales should also continue to go up on a currency-neutral basis, but no indication was given about the growth rate. The gross margin ...
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News briefs
Helge Mankowski, a former professional football player and up-to-date managing...
Helge Mankowski, a former professional football player and up-to-date managing director at Intersport Voswinkel, has left the executive board of the sports retail chain, which filed for insolvency protection proceedings under its own administration on April 24 and is currently up for sale. In January 2017, Intersport Germany appointed Mankowski as ...
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News briefs
Go Sport has sold Tool Fitness to Netquattro, a French...
Go Sport has sold Tool Fitness to Netquattro, a French company specializing in the design and marketing of fitness equipment, training apparel and food supplements. Tool Fitness is a B2B and B2C online retailer of fitness equipment. Go Sport had acquired it in 2015.
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News briefs
The North Face has teamed up with National Geographic on...
The North Face has teamed up with National Geographic on the launch of a limited-edition addition to its “Bottle Source” collection, which is described as turning plastic into clothing. The pieces are made from 384,000 pounds of plastic bottles that were pulled from waste streams in various outdoor areas across ...
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Article
Further expansion internationally
Nike claims to be leading the market in the EMEA region, where its sales grew by 9 percent in constant currencies in the fourth quarter as compared to the period a year ago, when they were boosted by the men's version of the Fifa World Cup. It continues to boast ...
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Article
JD Sports expands further
JD Sports Fashion's momentum keeps going. In an update, the big U.K.-based international sports retailer said it continued its strong performance after the record fiscal year that ended on Feb. 2, with encouraging growth on a same-store basis in its core s ports fashion chains both in the ...
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News briefs
Puma will be supporting the Museum of European and Mediterranean...
Puma will be supporting the Museum of European and Mediterranean Civilizations (Mucem) in Marseille until 2021. The brand is the technical sponsor of the Olympic de Marseille, also known as OM, the French football club in Marseille that plays in Ligue 1, and the partnership is said to be a ...
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Short stops
Life Fitness is the official fitness equipment partner for the...
Life Fitness is the official fitness equipment partner for the Wimbledon tennis tournament, which will come to an end on July 14
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News briefs
Lululemon is entering the French market in a more serious...
Lululemon is entering the French market in a more serious way by launching its own country-specific website this month, followed by the opening of a physical store of 194 square meters in Paris, at 47 rue Bonaparte. The brand already has a shop-in-shop in the Bon Marché department store and ...
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Article
Eurosima elects Rodrigues as president
Eurosima, the European association of boardsports companies, held its two-year meeting on June 17 to review its activities, approve project proposals and elect a new president and board of administrators. The association's presidency had been in Rip Curl's hands since 2003. This year, however, Wilco Prins – the third consecutive ...
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Short stops
The latest edition of Norspo, the Norwegian sporting goods fair...
The latest edition of Norspo, the Norwegian sporting goods fair in Oslo, hosted a total of 65 exhibitors, and the organizers said the visitor tally was on par with last year's
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Article
Product diversification pays off
Innovations like Max 270, VaporMax, the Max 720 and many others were responsible for 100 percent of the incremental growth in the past financial year, the management said, adding that the number of new products launched was twice has high as two years before. Brand extensions in sportswear (read: lifestyle), ...
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Article
Détente on the international trade front
Three moves on the international trade front that have taken place in the last few days have given the sporting goods industry and the world economy positive signals in the direction of free trade. While the U.S. decided not to go ahead with a new set of punitive tariffs on ...
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News briefs
Rip Curl has signed a five-year global licensing deal for...
Rip Curl has signed a five-year global licensing deal for eyewear with ADCL, the French designer and distributor of optical frames and sunglasses. The two companies have been working together in the European eyewear market since 2008, and over that period Rip Curl has achieved annual eyewear sales of 300,000 ...
