All Sporting Goods Intelligence articles in Volume 30, Issue 31-32 – Page 4
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News briefs
Mascot Bidco Oy, the investment consortium led by Anta Sports...
Mascot Bidco Oy, the investment consortium led by Anta Sports Products, reports that it has gained title to all the shares in Amer Sports through the redemption of those that had not been tendered already. The stock was de-listed from the Nasdaq Helsinki exchange on Aug. 23.
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News briefs
Dennis James “Chip” Wilson's investment in China's Anta Sports Products...
Dennis James “Chip” Wilson's investment in China's Anta Sports Products has paid off handsomely. The billionaire founder of Lululemon had paid $100 million to buy a 0.59 percent stake in the big and fast-growing Chinese company in May 2018. Shares in the Chinese company have risen strongly since then, along ...
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News briefs
Nike has announced that it will name the newest building...
Nike has announced that it will name the newest building in the expansion of its world headquarters in Beaverton after LeBron James, the NBA legend, two-time Olympic gold medalist and a Nike athlete since 2003. It is the sixth new building at the company's world campus since it started an ...
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News briefs
Targeting international expansion, Pentland Brands announced a new executive team...
Targeting international expansion, Pentland Brands announced a new executive team structure today. Richard Newcombe, who is now in charge of the group's footwear division, will add the responsibility of president for Europe, the Middle East and Africa (EMEA) across the whole brand portfolio, which includes Berghaus, Ellesse and Speedo, among ...
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News briefs
The Hohenstein Group has announced Lutz Lehmann as chief executive...
The Hohenstein Group has announced Lutz Lehmann as chief executive of global strategies. In his new role, he will directly oversee Hohenstein's sales, marketing and business-development teams. For the past eight years, Lehmann served as chief executive of Hermes Hansecontrol Group. Prior to Hansecontrol, he held various roles at TÜV ...
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News briefs
VF Corp. has announced that it will stop directly sourcing...
VF Corp. has announced that it will stop directly sourcing leather and hides from Brazil, mentioning concerns over the environmental impact made by cattle ranchers clearing land to raise cattle or source timber. This practice is believed to be causing the vast majority of the fires that are currently destroying ...
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News briefs
Nike and the United States Olympic & Paralympic Committee have...
Nike and the United States Olympic & Paralympic Committee have released the “Coaching Girls” modules, as part of the “How to Coach Kids” offering for volunteer youth coaches. Contents in the new Coaching Girls course include: Creating a Girl-Inclusive Culture ; Getting to Know Girls – Stages of Development; Giving ...
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News briefs
Cole Haan, the American footwear brand sold by the Nike...
Cole Haan, the American footwear brand sold by the Nike group to Apax Partners in 2013, is readying a public offering on the stock exchange, according to Bloomberg. The news agency reported that the company's revenues rose by 14 percent to €687 million in the financial year ended in June ...
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News briefs
Wilson, a subsidiary of Amer Sports, has introduced the Triniti,...
Wilson, a subsidiary of Amer Sports, has introduced the Triniti, a new tennis ball that is said to both last longer and not require packaging in pressurized plastic containers. The core of the ball is made from a plastomer material, which weighs less than the traditional core of a tennis ...
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News briefs
Arena has signed Mark Spitz as a global ambassador. The...
Arena has signed Mark Spitz as a global ambassador. The American swimming legend first collaborated with the brand 46 years ago, in a pioneering era for sports sponsorships. Spitz, who has just turned 69, won seven gold medals at the 1972 Summer Olympics in Munich, all in world record times.
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Article
Ongoing momentum for Lululemon, also in Europe
The Canadian-based brand posted another stellar quarter, and its momentum still shows no signs of slowing. Net income for its first fiscal quarter ended Aug. 4 jumped by 30.6 percent to US$125.0 million, while revenues surged by 22 percent to $883.3 million. On a constant-dollar basis, sales were up by ...
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News briefs
Wintersteiger is launching a new mobile alpine ski service station...
Wintersteiger is launching a new mobile alpine ski service station on the slopes of Norway this winter. The Alpine Mobile Center (AMC) is a purpose-fitted truck which holds the Austrian machine engineering group's latest professional racing-ski servicing system, a shop and a boot-fitting station. Wintersteiger has partnered with Norsk Aplineservice, ...
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News briefs
The Alibaba Group's charismatic founder and chairman, Jack Ma, has...
The Alibaba Group's charismatic founder and chairman, Jack Ma, has retired at the age of 55. Ma, who founded the Chinese online giant 20 years ago, plans to spend more time on philanthropy and education, and with his family. Daniel Zhang, the company's chief executive, will take over the chairman's ...
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News briefs
Marie Ahlstrand has been made sales manager of Daily Sports....
Marie Ahlstrand has been made sales manager of Daily Sports. She previously served as a business export manager at another Swedish golfwear brand, Röhnisch. Daily Sports had annual turnover of around 80 million Swedish kronor (€7.5m-$8.2m), a quarter of that from Sweden.
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News briefs
Canterbury is launching the “Be Part Of It” campaign, ahead...
Canterbury is launching the “Be Part Of It” campaign, ahead of the Rugby World Cup, which will be held in Japan from Sept. 20 to Nov. 2, 2019. The campaign, designed to represent the coming together of players on the pitch and fans off the pitch, features more than 40 ...
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News briefs
VF Corp. is once again holding its “Purpose Days” program....
VF Corp. is once again holding its “Purpose Days” program. During the week of Sept. 9, some 500 employees in Europe, the Middle East and Africa (EMEA) have been volunteering their time for various activities to support their communities. Working with non-profit organizations, the American lifestyle company, which owns many ...
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News briefs
Afydad, Spain's association of sporting-goods suppliers, has signed its first...
Afydad, Spain's association of sporting-goods suppliers, has signed its first collaboration agreement with a retail association by joining forces with Atebi, which specializes in the cycling market. The agreement was signed at Festbike – the international cycling fair in Madrid, held this year on Sept. 13-15 – where Atebi was ...
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News briefs
Afydad, the Spanish sporting goods industry association, is organizing an...
Afydad, the Spanish sporting goods industry association, is organizing an event about “Marketplaces 4sport” in Barcelona on Sept. 26, at the facilities of the Barcelona Moda Centre (BMC). The timing will coincide with that of the European Week of Sports (EWoS), the initiative of the European Commission to promote sport ...
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News briefs
Lululemon's U.K. arm saw its profit after tax jump by...
Lululemon's U.K. arm saw its profit after tax jump by 42 percent to £1.2 million (€1.3m-$1.5m) for the year to Jan. 31, 2019, as compared to 2018. Sales increased by 38 percent to £40.8 million (€45.8m-$50.7m). During the year, the verticalized brand opened two new U.K. stores, in Guilford and ...
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News briefs
Frank van Ven has returned to Life Fitness, after a...
Frank van Ven has returned to Life Fitness, after a brief stint at Asics, to become vice president of international sales. He had been with Life Fitness for 23 years, running its international business. Tim McCarthy has also come back to Life Fitness, which was recently spun off by Brunswick ...
