All Sporting Goods Intelligence articles in Volume 30, Issue 27-28 – Page 2
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News briefs
Chang Shin, a South Korean footwear manufacturer that works for...
Chang Shin, a South Korean footwear manufacturer that works for Nike, has invested $100 million in the Vietnamese province of Dong Nai. The company handles design and product development at its headquarters in Korea and manufactures about 90 million pairs of shoes annually in China, Indonesia and Vietnam.
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Article
Champion flies high
Exceeding expectations, the Champion brand's sales grew by more than 50 percent globally in the second quarter ended on June 29 excluding the mass market channel in the U.S., according to its parent company, HanesBrands. Orders remained strong for Champion, with additional product innovations in the pipeline. The brand is ...
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News briefs
Decathlon is certainly going strong in Germany, where the number...
Decathlon is certainly going strong in Germany, where the number of its stores had reached a total of 70 prior to the opening of its third and biggest one in Munich on Aug. 8, the sixth one to have been opened in the country since the beginning of this year. ...
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News briefs
Macron is the new kit sponsor for Unione Rugby Capitolina,...
Macron is the new kit sponsor for Unione Rugby Capitolina, a Roman club that belongs to the Italian Rugby Union. The partnership agreement will run for three years, starting in the 2019/20 season.
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Article
GoPro is getting closer to breakeven
GoPro's aggressive cost cutting efforts, disciplined expense and inventory management are starting to bear fruits. While the gross margin expanded by 5.5 percentage points to 34.9 percent, the American brand of action cameras managed to narrow its net loss in the second quarter to $11.3 million, down from $37.3 million ...
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Article
Callaway’s sales soar, boosted by Jack Wolfskin
After two consecutive quarters of mixed results, the latest quarter was an improvement for Callaway Golf. The group's net profit for the three months ended June 30 sank by 53 percent from the year-ago period, down to $28.9 million, but this was mainly due to currency headwinds and the impact ...
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News briefs
Messe München, which organizes the Ispo Beijing and Ispo Shanghai...
Messe München, which organizes the Ispo Beijing and Ispo Shanghai fairs in China, has announced the appointment of a new leadership team for its Chinese subsidiary, Messe München Shanghai. Xu Jia, who has been its chief operating officer since 2013, has been promoted to the role of chief executive, replacing ...
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Short stops
Davide Grasso, former CEO of Converse, has become chief operating...
Davide Grasso, former CEO of Converse, has become chief operating officer at Maserati
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News briefs
Nike and the Jordan Brand have become the official outfitters...
Nike and the Jordan Brand have become the official outfitters of the Basketball Africa League (BAL), the new professional league of 12 African teams. The brands will be supplying uniforms, warm-up apparel, socks and practice gear. Nike will supply six teams and the Jordan Brand the other six. Play is ...
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News briefs
SportScheck is going for new partnerships in different ways, based...
SportScheck is going for new partnerships in different ways, based on a declared mission to bring together sports-minded people, particularly online. After its acquisition of Fitfox, the fitness community platform, the big German sports retailer has partnered with Fanatics to be its exclusive supplier of licensed products in its domestic ...
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Short stops
Opro will be the official mouthguard partner for the Barbarians...
Opro will be the official mouthguard partner for the Barbarians vs. Fiji rugby match, which is taking place at London's Twickenham Stadium on Nov. 16
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News briefs
Bally is launching a special edition of its classic Bally...
Bally is launching a special edition of its classic Bally Champion sneaker in August. The new interpretation will be available in a limited edition of 1,851 pairs to celebrate the brand's founding year. The Champion sneaker was first launched in 1990 and was a favorite with the tennis stars Jakob ...
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Article
Asics’revenues decline in Europe
The Japanese giant had lower revenues in the second quarter, especially in the Europe, the Middle East and Africa (EMEA) region. Sales there contracted by 10.7 percent to 46,651 million yen (€390.3m-$441.5m), mainly due to weak sales in the performance running category and the effect of foreign exchange rates. In ...
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News briefs
Mike Ashley likes to go for struggling retail operations, despite...
Mike Ashley likes to go for struggling retail operations, despite his fiasco with his investments in Debenhams and House of Fraser. His company, Sports Direct International, has acquired the brand and other assets of Jack Wills, a British chain of upscale fashion stores catering to young people, for £12.75 million ...
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News briefs
Arc'teryx has opened a new store in Sapporo, the capital...
Arc'teryx has opened a new store in Sapporo, the capital of Japan's Hokkaido prefecture. The 425-square-meter floor surface of the store makes it the brand's largest in Japan.
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Short stops
Ping has collaborated with Arccos Golf to offer smart grip...
Ping has collaborated with Arccos Golf to offer smart grip sensor technology on all its golf clubs
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News briefs
VF Corp. has announced the appointment of Jan Van Mossevelde...
VF Corp. has announced the appointment of Jan Van Mossevelde as vice-president and general manager of Icebreaker for the EMEA region, effective with this coming autumn. He will replace Peter Ottervanger, who has decided to leave the brand to pursue new opportunities. Van Mossevelde joined VF in 2015, and since ...
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News briefs
Asics has announced the first four start-ups that will take...
Asics has announced the first four start-ups that will take part in its accelerator program. They are: Elyza, which proposes the development of a sales/demand forecasting system based on artificial intelligence; No New Fold Studio, which plans to create smart running shoes that can measure foot movement while running; Biima, ...
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News briefs
Lew's Holdings Corporation, an American supplier of fishing and hunting...
Lew's Holdings Corporation, an American supplier of fishing and hunting gear, is acquiring Fox International, Europe's largest privately owned fishing tackle company, with headquarters in Brentwood, Essex. The deal is subject to regulatory approvals and closing conditions, and the financial terms remain undisclosed. The two companies will be retaining their ...
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News briefs
The Australian golfer Greg Norman has become a brand ambassador...
The Australian golfer Greg Norman has become a brand ambassador for Garmin International, the Swiss-based company that brings GPS navigation and wearable technology to the automotive, aviation, marine, outdoor and fitness markets. Norman, also known as the “The (Great White) Shark,” is a two-time winner of the British Open and ...
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