All Sporting Goods Intelligence articles in Volume 30, Issue 37-38
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PDF NewsletterSGI Europe Newsletter: Vol 30 - 37+38
XXL maps new strategies | Adidas speeds up | Puma posts record results | New top brass at Nike, Adidas, UA | EMEA shines at UA, not Asics | VF misses expectations | Columbia thrives, loses founder | Callaway is synergizing | Glenmuir buys Sunderland | Google is buying Fitbit | Champion eyes $3bn in sales | Hong Kong row continues
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News briefs
Nike has unveiled the Nike Vapor, an innovative performance swim...
Nike has unveiled the Nike Vapor, an innovative performance swim goggle. The new goggle, approved by the International Swimming Federation (FINA), is designed to minimize drag and maximize field of view, for optimal performance. It features curved, oversized, drag resistant lenses, maximizing the horizontal and vertical field of view and ...
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Article
Zalando improves results
For the first time in its history, Zalando received more than a billion visits to its web stores in a single quarter, or a total of 1,000.3 million, up by 37.3 percent year-on-year from 728,700. The share of mobile visits was 84.8 percent. The number of active customers reached 29.5 ...
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Short stops
Gap is supporting the Hong Kong Research Institute of Textiles...
Gap is supporting the Hong Kong Research Institute of Textiles and Apparel (HKRITA) on two projects, respectively to find ways to remove spandex from fabrics and to decolor denim ahead of recycling
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News briefs
Tom Wilson-North, former owner of the freeride snowboard shop Zero...
Tom Wilson-North, former owner of the freeride snowboard shop Zero G in Chamonix, France, is joining the Nidecker Group in the new role of digital transformation manager. Wilson-North has been senior snowboard writer at Boardsport Source, key advisor to Protect Our Winters Europe and a member of the snow sports ...
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News briefs
Werner Marzin, the former president of Messe München who helped...
Werner Marzin, the former president of Messe München who helped turn Ispo into a global trade show, died on Oct. 14 at the age of 89. He spent 30 years with the company, which is owned by the state of Bavaria, after joining it at its very start in 1964. ...
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Article
Shimano improves its forecast
While releasing its results for the first nine months of the year, Shimano announced that it expects to generate extraordinary income this year from the depreciation of currencies and the return of public land occupied by one of its Chinese plants for bike components, located in Kunshan. Amending a previous ...
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Short stops
UYN has opened a pop-up store inside SportScheck's Munich flagship...
UYN has opened a pop-up store inside SportScheck 's Munich flagship
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Article
Outdoor and Fitness lift Garmin’s results
Garmin's revenues for the quarter ended on Sept. 30 reached a record level of $934 million, an increase of 15 percent over the quarter a year ago. The company has raised its outlook for the full-year as a result. In the fitness division, Garmin's sales climbed by 28 percent to ...
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News briefs
Puma India has inaugurated an interactive, experiential flagship store in...
Puma India has inaugurated an interactive, experiential flagship store in Bengaluru that includes a customization studio for prints and embroidery. There are 360 Puma stores in 130 cities in India, in addition to an e-commerce platform and wholesale operations.
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News briefs
“Exchange and Inform” will be the motto at First Impression...
“Exchange and Inform” will be the motto at First Impression Day on Nov. 27 at the MOC, Messe München's order center in Munich. The semi-annual event provides retailers with a first glimpse of the new collections, shapes, cuts, colors, materials and manufacturing of the more than 100 participating sports and ...
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News briefs
Keller Sports, the German e-tailer of premium sporting goods, expects...
Keller Sports, the German e-tailer of premium sporting goods, expects its sales for 2019 to increase by 70 percent from the previous year. It plans to reach total sales of more than €100 million by the end of 2020. This is the first time that Keller Sports has announced its ...
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Article
VF reshuffles EMEA functions
In a reshuffle of roles at VF Corporation's Swiss headquarters for Europe, the Middle East, and Africa (EMEA), the group has installed Mariano Alonso as the new managing director of Timberland for the region, effective from Nov. 1. He succeeds T imo Schmidt-Eisenhart , who will become the president of ...
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News briefs
The second edition of “Innovations in Sports Materials,” which will...
The second edition of “Innovations in Sports Materials,” which will take place in Ghent on Nov. 19-20, will feature presentations on textile innovations in sports materials at the Tokyo 2020 Olympics. According to Centexbel, which organizes the conference, the Tokyo Olympics will also serve as a “catwalk for innovative materials” ...
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Article
The North Face and Vans drive VF’s results
Despite strong earnings and robust sales, VF Corp. posted results in the latest quarter that missed Wall Street’s expectations. Total sales improved by 5 percent to $3,393 million for the company’s second fiscal quarter ended on Sept. 30, or by 7 percent in constant currencies. Adjusted to exclude the spin-off ...
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Article
Deckers raises guidance on Hoka’s strength
Deckers Brands, the parent of Ugg and other footwear brands, saw its net income progress by 5.0 percent to $77.8 million in its second fiscal quarter, ended on Sept. 30. Revenues rose by 8.0 percent to $542.2 million, or by 9.5 percent constant currencies, driven by gains at Ugg and ...
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Article
Crocs posts a stellar quarter
Thanks to a strong performance in America and globally from the wholesale channel, e-commerce and comparable store sales, Crocs' revenues for the third quarter jumped by 19.8 percent to $312.8 million, or by 21.0 percent on a constant-currency basis. This came despite the negative impact of store closures, which reduced ...
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News briefs
The district court in Dortmund has terminated the insolvency proceeding...
The district court in Dortmund has terminated the insolvency proceeding of Sport Voswinkel, following the creditors' unanimous vote in favor of a recovery plan. The German sports retailer can start to operate again as an independent firm. The court opened the proceeding in July. The recovery plan includes the closure ...
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News briefs
Nike has extended its “Nike Live” store concept to Long...
Nike has extended its “Nike Live” store concept to Long Beach, California, and the Shibuya ward of Tokyo. The company opened an “experimental digital-meets-physical retail pilot,” called Nike by Melrose, in West Los Angeles in July of last year. To stock the store, Nike extrapolated from 18 months of consumer ...
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Article
New top executives for three major sports companies
Almost simultaneously, Nike, Adidas and Under Armour announced changes in their top management shortly after we published our last issue, underlining the rapid transformation that the highly concentrated athletic footwear market is undergoing.
