All Sporting Goods Intelligence articles in Volume 30, Issue 29-30
View all stories from this issue.
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Article
Intersport moves into Taiwan
A fter many months of discussion , Intersport International Corp. (IIC) is scoring another big coup by entering the market of Taiwan through an agreement with Momentum Sports, the biggest sporting goods retailer in a country where the rate of sports participation is said to be among the ...
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News briefs
Macron is the new technical sponsor of United Volleys Frankfurt,...
Macron is the new technical sponsor of United Volleys Frankfurt, a young German volleyball club, founded in 2015, which competes in the Volleyball Bundesliga. The contract will run for four seasons, from 2019/20 to 2022/23. Macron is also expanding in the rugby segment through a three-year contract as the new ...
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News briefs
Fitbit, the San Francisco-based purveyor of fitness trackers, says it...
Fitbit, the San Francisco-based purveyor of fitness trackers, says it has struck a deal with the Health Promotion Board (HPB) of Singapore to use its products to realize the national health agency's aspirations for public health. The project, Live Healthy SG, fits within the government's Smart Nation initiative. Although Singapore's ...
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Article
Good first-half results for Yue Yuen
Yue Yuen Industrial Holdings reported a 6.3 percent increase in sales to $5,070.7 million for the first half of the year, driven by a double-digit increase in retail revenues , with footwear manufacturing performing better than before. The Chinese company's net income jumped by 10.5 percent from the year-ago ...
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News briefs
JD Sports will be opening next year its first store...
JD Sports will be opening next year its first store in downtown Paris, following several openings in France, including in the Parisian suburbs. According to reports by sport-guide.com, the new store will be in the 2,200-square-meter space formerly occupied by H M at 118-120 rue de Rivoli, right across from ...
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News briefs
Salomon plans to open its first full-fledged mono-brand store in...
Salomon plans to open its first full-fledged mono-brand store in Germany, measuring 200 square meters, on Nov. 8. It will be located in the very central Sendlinger Strasse of Munich, very close to the local store of The North Face. Salomon will offer apparel and shoes for men and women ...
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Short stops
Millet is supporting Nahia Quincoces on her expedition to the...
Millet is supporting Nahia Quincoces on her expedition to the Lenin Peak, a 7,134-meter summit in Gorno-Badakhshan, on the border of Tajikistan and Kyrgyzstan
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Short stops
Fjallraven is expanding its partnership with Keswick Mountain Festival in...
Fjallraven is expanding its partnership with Keswick Mountain Festival in 2020, to sponsor The Keswick 3 Peak Challenge, Keswick Mountain Festival's newest hillwalking event
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News briefs
Young Europeans are ready to pay more for products that...
Young Europeans are ready to pay more for products that are made in a sustainable manner. According to a survey by Spinnova, a Finnish bio-yarn producer, 61 percent of respondents among Europeans aged 18-30 said that they would pay more for a sustainable piece of clothing, while 41 percent would ...
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Article
Puma enters into an e-sports partnership
Catering to the growing popularity of e-sports and other electronic games, Puma has contributed some of its research on ergonomics and materials, including its breathable fabrics, to a new product developed in cooperation with a Dutch brand of gaming seats called Playseat. The fruit of this union, the Playseat | ...
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News briefs
StockX, the e-commerce platform focusing on the sneaker resale market,...
StockX, the e-commerce platform focusing on the sneaker resale market, is launching an Italian version of its app and website. StockX was founded in Detroit in 2016, and made its European debut in October 2018.
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Article
Li-Ning sees earnings surge
Chinese sports brands seem to have found a comfortable niche in a growing domestic market. It is giving no signs of slowing down for them or for the international brands, which are positioned in a higher segment. Some of the Chinese companies' gains are coming from higher average prices. The ...
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Article
Globe sells Dwindle
Although Globe International had a strong first half that saw profits soar, this was not enough to offset the negative impact of the stronger U.S. dollar in the second half through June 30. The group ended the financial year with lower profits, with the net income declining by 3 percent ...
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Article
Moncler posts double-digit sales and profit growth
In the first half of 2019, Moncler recorded revenues of €570.2 million, an increase of 13 percent at constant exchange rates and of 16 percent at current exchange rates as compared to the corresponding period of 2018. The growth rate accelerated in the second quarter. The net income of ...
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News briefs
Hestra, the Swedish maker of sports gloves, has doubled its...
Hestra, the Swedish maker of sports gloves, has doubled its headquarters in the U.S. by relocating to a new building in Arvada, Colorado. The premises measure 32,000 square feet and host the company's corporate offices, warehouse and U.S. showroom, which can display more than 400 models of gloves. The building ...
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Short stops
The Scott Sports Group has opened the fourth Dolomite store...
The Scott Sports Group has opened the fourth Dolomite store in Italy, located in the Franciacorta Outlet Village near Brescia
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News briefs
Norrøna will open a flagship store in the SoHo district...
Norrøna will open a flagship store in the SoHo district of New York City this autumn. It will be its second store in the U.S., following the inauguration of its concept store in Boulder, Colorado, in May. The new store will feature the Norwegian brand's full assortment of technical outerwear, ...
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News briefs
The Swimming division of Head Sport is developing a new...
The Swimming division of Head Sport is developing a new line of open-water neoprene suits. This expansion of the current line of suits is at the testing stage and will form part of Head's product introductions for 2020. The company will have a booth at the forthcoming International Triathlon Union ...
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News briefs
Toray has developed the Summer Shield, a new fabric that...
Toray has developed the Summer Shield, a new fabric that is said to block 100 percent of light and more than 99 percent of harmful ultraviolet rays. According to the company, the temperature under canopy shelters incorporating the new fabric is 4°C to 7°C lower than with conventional fabrics. The ...
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Article
New Wave increases revenues, profits decline
The New Wave Group, the company behind Craft and Cutter Buck, saw sales jump in the second quarter by 11 percent to 1,689 million Swedish kronor (€157.5m-$174.7m), or by 6 percent in constant currencies. However, earnings were affected by investments in growth initiatives. The Swedish group recorded sales ...
