All Sporting Goods Intelligence articles in Volume 30, Issue 37-38 – Page 3
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News briefs
Clarus Corp., the parent company of Black Diamond and other...
Clarus Corp., the parent company of Black Diamond and other brands, had mixed results in the third quarter, with net income dropping by 14.3 percent to $3.5 million on 8.0 percent higher sales of $60.2 million. The gross margin was down by 1.6 percentage points to 34.1 percent, due to ...
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News briefs
Billabong has gone in for some headbanging. Through its Billabong...
Billabong has gone in for some headbanging. Through its Billabong Lab – a platform for collaborations with artists, musicians, designers and photographers – the boardsports-apparel company will be releasing five lines in its Billabong x Metallica 2019-2020 Collection from this past October to March of next year. Each line incorporates ...
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News briefs
Trek Bicycle has promoted Harald Schmiedel from sales director for...
Trek Bicycle has promoted Harald Schmiedel from sales director for Europe to vice president for Europe. He is replacing Malcolm Davies, who is due to retire at the end of this year and will in the meantime oversee the retail department. Schmiedel has been with Trek since 2003, when he ...
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News briefs
Craghoppers, best known for its Kiwi walking gear range, has...
Craghoppers, best known for its Kiwi walking gear range, has announced that 70 percent of its autumn/winter 2020 products will be made from recycled materials. This is a significant increase for the British outdoor clothing manufacturer, up from 12 percent for autumn/winter 2019. The autumn/winter 2020 range will be featured ...
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News briefs
Zalando, the Berlin-based online retailer, is currently testing same-day delivery...
Zalando, the Berlin-based online retailer, is currently testing same-day delivery with electric cars. The online retailer recently started a pilot project in Hamburg with 24 electric cars, which are operated on 100 percent green electricity. Zalando works with various logistics partners. Hamburg's urban area has 600 charging stations for electric ...
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News briefs
Decathlon is expanding its presence in Berlin. The sporting goods...
Decathlon is expanding its presence in Berlin. The sporting goods retailer will be opening an eighth store this month, having opened two others earlier this year. The new branch will have a sales floor of 1,400 square meters. With the Mydecathlon membership card, customers will receive a bonus of €10 ...
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News briefs
Goldwin, which has been offering its highly technical skiwear mainly...
Goldwin, which has been offering its highly technical skiwear mainly outside Japan, has recently expanded the product range of its C3fit brand of functional apparel. Goldwin will launch an autumn/winter and spring/summer collection for the brand and cover various sports. The logo with the C3's remains, as it is well ...
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Short stops
Hoka One One has been named the presenting sponsor of...
Hoka One One has been named the presenting sponsor of the Western States 100-Mile Endurance Run, the world's oldest 100-mile trail race
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News briefs
Esprit has become the third official partner for the women's...
Esprit has become the third official partner for the women's side of the Union of European Football Associations (Uefa). Last year, Uefa boldly broke down the traditional sports sponsorship model by unbundling the sponsorship rights from the men's game. The first sponsors to join were Nike and Visa, with Nike ...
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Article
The row continues in China over Hong Kong and basketball
The tweet heard around the world continues to echo. On Oct. 4, as we have previously reported, Daryl Morey, general manager of the Houston Rockets, tweeted an image that read “Fight for freedom, stand with Hong Kong,” in reference to the anti-government protests that have been going on in the ...
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News briefs
BASF has developed a high-performance polyurethane for the midsole of...
BASF has developed a high-performance polyurethane for the midsole of Mizuno's new TC-01 and TC-02 athletic shoes that is said to help improve the wearer's performance and balance. The Elastopan polyurethane that has been introduced in Mizuno's new footwear has high hydrolysis resistance and good bonding strength, according to BASF's ...
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Article
Bankrupt Kettler lays off most of its employees
The well-known German brand of home-fitness equipment announced “the greatest comeback ever” at Ispo Munich last February. But now, after 70 years, one of the last producers in the sector to rely on “Made in Germany,” Kettler Freizeit, together with Kettler Plastics, has begun to shake down its workforce after ...
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Article
Columbia’s “tough mother” has passed away
Gertrude “Gert” Boyle died on Nov. 3 at the age of 95. This iconic figure of the international outdoor industry, who has been often referred to, in effective advertising and elsewhere, as “one tough mother,” was the chairwoman of Columbia Sportswear.With her death, the company's chairmanship will pass temporarily to ...
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Article
Smith wins a Silmo d’Or Award
Safilo's house brand of sports eyewear won the Silmo d'Or in the sports category at the recent Silmo Paris trade show for eyewear with its Attack MTB sunglasses, which retail in Europe at a recommended price of €229. The model can be fitted with two different proprietary ChromaPop lenses, “Black ...
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News briefs
Hervis Sport, one of the major Austrian sporting goods chains,...
Hervis Sport, one of the major Austrian sporting goods chains, with operations in various East European countries, appointed Werner Weber as its new chief executive on Nov. 1. Until June, Weber was chief executive of Leder & Schuh, the Austrian parent company of the Humanic and Shoe4You retail chains, with ...
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News briefs
Intersport Austria will open three new stores in Austria by...
Intersport Austria will open three new stores in Austria by the end of this year. They will be located in Graz, Salzburg-Bergheim and Linz. The existing Intersport stores in Ottensheim and Weiz will be renovated. Intersport is investing about €15 million in its retail network and creating about 160 new ...
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Article
Weak results at Asics
Sales and profits declined at Asics Corp. in the third quarter, dragged down by a weak yen and a drop of around 8 percent in performance running to 43.2 billion yen (€356.9m-$395.7m), a category that represents nearly half of its global sales. Nevertheless, the company confirmed its forecast for the ...
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Article
Asics wants to rebound, particularly in Europe
Asics is taking new initiatives to regain the brand's former momentum – particularly in the EMEA region, where its sales declined by 12.4 percent to ¥71.5 billion yen (€590.9m-$655.1m) in the first nine months of this year, leading to a drop in operating income of 57.2 percent to ¥2,069 million ...
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Article
Asics invests more in digital
Asics Corp. continues to make new investments in start-ups and adjacent segments. Late last month, the Japanese group acquired Race Roster, a Canadian-based platform with a suite of services for the organizers of foot races that will complement its Runkeeper platform, based in Boston, and other digital operations. The purchase ...
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Article
EMEA shines in Under Armour’s results
Under Armour’s profits and revenues for the third quarter exceeded Wall Street’s estimates, although the company has lowered its full-year revenue forecast, citing lower than planned excess inventory to service the off-price channel, ongoing traffic and conversion challenges in the direct-to-consumer channel, as well as currency headwinds. Revenues are now ...
