All Sporting Goods Intelligence articles in Volume 30, Issue 41-42 – Page 2
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Article
Conzzeta is divesting Mammut
The board of directors of the Swiss Conzzeta group has decided to evaluate proposals for the takeover of its Mammut business unit and some other non-core operations, and to focus on its bigger Bystronic business unit, which deals with the automation and integration of the material and data flow in ...
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News briefs
Zalando has launched its Zalando Lounge concept in the Czech...
Zalando has launched its Zalando Lounge concept in the Czech Republic, a market that the e-tailer entered in the summer of 2018. Zalando Lounge, which has more than 25 million members in 14 European countries already, offers discounts of up to 75 percent on a selection of shoes, clothing and ...
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News briefs
Rallye, the parent company of Go Sport and other retail...
Rallye, the parent company of Go Sport and other retail operations in France, indicates that it has finalized proposals for a settlement with its creditors that would reschedule the repayment of its debt of around €3.3 billion. The group's high debt led Go Sport to divest its Courir chain of ...
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News briefs
Umbro has collaborated with Coral Studios – a “space” in...
Umbro has collaborated with Coral Studios – a “space” in New York City for the “uncensored expression” of “self-initiated artists” – on a capsule collection for Art Basel in Miami. Part of the proceeds will be going to the Great Barrier Reef Foundation. Included in the collection are a reversible ...
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News briefs
Ziener will be for the first time the official clothing...
Ziener will be for the first time the official clothing partner of the Nordic World Ski Championships. They will be staged by the International Ski Federation (FIS) in Oberstdorf from Feb. 23 to March 7, 2021. Under the deal, which was brokered by Infront, the German brand will dress more ...
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Short stops
Time magazine has chosen Greta Thunberg, the Swedish teenager who...
Time magazine has chosen Greta Thunberg, the Swedish teenager who has been marshaling the “Fridays for Future” protests for climate change throughout Europe, as “Person of the Year”
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Article
Strong growth for China Dongxiang
Thanks to structural reforms such as the introduction of a direct-franchise model to ensure a sufficient supply of products in the stores, the Chinese sports company's revenues were up by 14.2 percent in the first half ended on Sept. 30, reaching 899.3 million yuan renmimbi (€115.1m-$128.1m).China Dongxiang owns the rights ...
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News briefs
Hannes Rumer, chief financial officer at Intersport Germany, will leave...
Hannes Rumer, chief financial officer at Intersport Germany, will leave the company at the end of March 2020. He will be taking on new professional challenges. Rumer joined Intersport in November 2015 and was responsible for finances, IT, supply chain and participation management. He played an important part in the ...
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News briefs
On its inaugural Checkerboard Day, which took place on Nov....
On its inaugural Checkerboard Day, which took place on Nov. 21, Vans put its headquarters on pause, donated about $1 million to Imagination.org and announced the Vans Checkerboard Fund, which will support charities worldwide that “enable creative expression through Vans' core pillars of action sports, art, music and street culture.” ...
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Article
Iconix’ founder is charged with fraud
The Iconix Brand Group's founder and former chief executive, Neil Cole, 62, has been charged by U.S. federal prosecutors with being involved in an accounting fraud scheme. Cole is charged with ten counts of accounting fraud including securities fraud, making false filings with the U.S. Securities & Exchange Commission and ...
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News briefs
Sprinter, the Spanish sports retail chain partly owned by JD...
Sprinter, the Spanish sports retail chain partly owned by JD Sports Fashion, has expanded its e-tail page into an e-commerce marketplace, adding some 500 brands and 50,000 products to the catalog. Sprinter will now be hosting the sale of hoverboards and electric skates, for instance. Existing categories, such as cycling, ...
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News briefs
The MOC Order Center in Munich has welcomed On Running...
The MOC Order Center in Munich has welcomed On Running shoes, Komperdell/Camaro, Paul Lange and 4F as new tenants. Four other tenants have expanded their permanent showrooms, including Equip Outdoor, the parent of Rab and Lowe Alpine, and Osprey Packs, which are using the space for their local subsidiaries. The ...
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News briefs
Pelican International, the maker of stand-up paddleboards, canoes, kayaks, pedal...
Pelican International, the maker of stand-up paddleboards, canoes, kayaks, pedal boats and fishing boats, based in Quebec, has appointed Danick Lavoie as its new chief executive. Lavoie brings 20 years of broad management experience in the U.S. and Canada. During his career, he has held senior roles in the areas ...
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News briefs
Canada Goose has just opened a new and sophisticated experimental...
Canada Goose has just opened a new and sophisticated experimental store at CF Sherway Gardens, a mall near Toronto. Called “The Journey,” it has no products in its inventory, and it will treat customers to daily synthetic snowstorms. The store uses OLED TV displays, 4K laser applications, rock walls and ...
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Article
Fishing and camping lift Johnson Outdoors’ results
Boosted by solid gains from fishing and camping, Johnson Outdoors returned to profit in its fourth fiscal quarter, ended on Sept. 27. The group's net income reached $3.9 million, against a net loss of $4.9 million for the corresponding period in 2018. The management said this was largely due to ...
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Article
Signa buys SportScheck, indirectly
The Signa Retail Group is boosting its position as the largest integrated sports retailer in Germany and one of the biggest ones in Europe with the acquisition of SportScheck, a chain with a strong omni-channel presence in the country. No precise numbers are available about the group’s total annual sales ...
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News briefs
JD Sports Fashion has received an official request from Britain's...
JD Sports Fashion has received an official request from Britain's Competition & Markets Authority (CMA) to stop any further moves for its planned takeover of the Footasylum chain, pending an ongoing investigation by the anti-trust body. JD's main rival, Sports Direct International, has warned the CMA against making inaccurate estimates ...
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Article
A “Hands-Free” ski boot by Nordica
Nordica has released a new “Hands-Free” ski boot that is primarily aimed at skiers – typically elderly – who have trouble bending down. The brand's new HF series will be available globally for the autumn/winter 2020/21 season. The first model of the series, the HF110, became available this month at ...
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News briefs
A notable boost in production is on the cards for...
A notable boost in production is on the cards for the ZQ natural fiber produced by the New Zealand Merino Company. Through a collaboration with VF Corporation, its affiliated ZQ farmers will receive long-lasting supply commitments from VF subsidiaries such as Icebreaker and Smartwool. The farmers will get more than ...
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Article
Rapala restructures and issues a bond
Rapala VMC, the big Finnish-based fishing-tackle company, has announced a group-wide plan to save €10 million in costs by generating efficiencies and internal synergies, lowering operating expenses and reducing net working capital.It will also be centralizing its distribution in Europe. To this end, Rapala has appointed Jean-Philippe Nicolle to the ...
