All Sporting Goods Intelligence articles in Volume 30, Issue 29-30 – Page 2
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News briefs
Vista Outdoor, which has decided to divest its Savage firearms...
Vista Outdoor, which has decided to divest its Savage firearms business, reported an organic sales decline of 7 percent in its first quarter ended on June 30. Sales of outdoor products fell by 19 percent to $222.0 million, and they were also down by 7 percent excluding the divested eyewear ...
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News briefs
Nike has signed a two-year licensing deal to use some...
Nike has signed a two-year licensing deal to use some of New York City's logos on its merchandise. The logos in question include the New York Police Department's badge, the Fire Department's insignia, the taxi “T”, the Staten Island Ferry's logo, the leaf of the Parks Department and the bomb ...
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News briefs
Very good sales of Kari Traa and Dæhlie products have...
Very good sales of Kari Traa and Dæhlie products have been helping Active Brands of Norway to boost sales significantly and earnings in the past few years. Sales continued to grow in the last two years, but profits have declined. In 2018, Active Brands had revenues of 967 million Norwegian ...
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News briefs
With the family of Ispo shows continuing to grow with...
With the family of Ispo shows continuing to grow with the addition of OutDoor by Ispo, and probably in view of other projects, Messe München has appointed Jeanette Loos to the newly created position of global head of the Ispo Group. The 36-year-old manager earned a doctorate in communications and ...
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News briefs
Mammut has opened its first concept store in cooperation with...
Mammut has opened its first concept store in cooperation with a franchisee in the Swiss town of Andermatt. It is described as a “Point of Experience” rather than a point of sale. Together with bike and ski rental services offered by the franchisee, Imholz Sport, it hosts the first example ...
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News briefs
LIR, the family holding company that controls Geox and Diadora...
LIR, the family holding company that controls Geox and Diadora as well real estate assets through Domicapital, has confirmed a report that it is now open to targeted acquisitions. In an interview with the Italian daily Il Gazzettino, Mario Moretti Polegato, chairman and founder of Geox, said that LIR, which ...
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Article
Norrøna’s growth comes to a halt
Arktis Holding, the group that controls all of Norrøna's operations, suffered a 24 percent decline in profits for 2018, after many years of steady growth. Net income landed last year at 61.6 million Norwegian kroner (€6.18m-$6.84m), while the turnover decreased from NOK 635 million in 2017 to NOK 630 million ...
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News briefs
Columbia Sportswear has introduced in the U.S. a footwear line...
Columbia Sportswear has introduced in the U.S. a footwear line designed for both the city and the trail. The SH/FT Collection takes inspiration from the growing tendency among city dwellers to seek balance in their lives by heading to the outdoors. The idea, as Columbia puts it, is to allow ...
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News briefs
Nike has launched a special collection of sneakers developed together...
Nike has launched a special collection of sneakers developed together with Levi's. Nike's Air Force 1 Low and Air Force 1 High sneaker models have special design elements, such as laser-engraved double logos, including Levi's logo and Nike's Swoosh logo. The limited edition became available online and in selected Levi's stores ...
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News briefs
Reebok launched a limited collection of sneakers together with three...
Reebok launched a limited collection of sneakers together with three well-known sneaker stores in Germany on July 27. The collection's theme is “international food.” The prints on the shoe models show new interpretations of typical advertising for restaurants. Next to T-shirts, socks, caps and bags, Reebok is offering three limited ...
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Short stops
Sports Direct plans to close at least eight of the...
Sports Direct plans to close at least eight of the Jack Willis stores that it recently bought in pre-packaged bankruptcy proceedings
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Article
Havaianas goes direct in Greece and China
Alpargatas, the Brazilian-based parent company of Havaianas, has pulled off a very strong quarter, lifted by both domestic and international sales. Its net income rocketed by 73.0 percent to 31.6 million reais (€7.0m-$7.8m) for the second quarter of 2019. The management said this expansion reflects efforts to widen the focus to ...
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News briefs
Lennart Mauritzson will be stepping down as chief financial officer...
Lennart Mauritzson will be stepping down as chief financial officer of the Thule Group, giving six months' notice from August. He has accepted the post of chief executive at Backahill, a privately owned family company in Ängelholm, Sweden. Mauritzson, who will soon have been with the company for eight years, ...
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News briefs
Emma Stjernlöf will be taking charge of Röhnisch Sportswear as...
Emma Stjernlöf will be taking charge of Röhnisch Sportswear as chief executive in 2020. She will be replacing Fredrik Röhnisch, who is relinquishing his operational duties after 19 years with the Swedish sports apparel company, nine of them as CEO. He will remain a partner and board member. Stjernlöf has ...
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News briefs
The Norwegian sports retail market is changing rapidly, as illustrated...
The Norwegian sports retail market is changing rapidly, as illustrated by Gresvig's momentum decision to drop the G-Sport and G-Max banners, concentrating on Intersport (see the story in this issue). Mobo Sportsholding, the owner of the high-end Anton Sport chain, is buying Milsluker'n, an Oslo-based retailer specializing in skiing, cycling and ...
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News briefs
Daka has opened a megastore in a shopping center located...
Daka has opened a megastore in a shopping center located near a highway in the Leidsche Rijn district of Utrecht, called The Wall. It's the 15th store operated by the retailer in the Netherlands. Daka will be in direct competition with Decathlon, which has had a store in the mall ...
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News briefs
The Outdoor Retailer show cancels Winter Market
Emerald Expositions, the organizer of the Outdoor Retailer show, has decided to cancel the Winter Market that was scheduled to take place for the second time on Nov. 5-7 and to concentrate all the product offerings for the next autumn/winter season at the Outdoor + Snow Show on Jan. 19-31. ...
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Article
Wintersteiger builds up a counter-seasonal sports business
Wintersteiger, the global leader in ski maintenance and rental systems, has intensified its efforts to diversify into the bike sector. It will participate for the first time in the Eurobike show taking place in Friedrichshafen on Sept. 4-7, offering a wider range of bike-related products and services.Its Easystore module for ...
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News briefs
Columbia Sportswear has purchased three buildings from Electro Scientific Industries...
Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...
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Article
Xtep grows briskly while developing a multi-brand model
Before publishing very good results for the first half of this year, Xtep International Holdings of China announced the completion on Aug. 1 of its acquisition of K-Swiss and its various footwear labels, including Palladium and Supra, for $260 million from E-Land of South Korea. The entire business had a ...
