All Sporting Goods Intelligence articles in Volume 31, Issue 13+14 – Page 3
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News briefs
Hoka One One Frodo
Hoka One One, a division of Deckers Brands, has announced a multi-year sponsorship deal with Jan Frodeno, the triathlon legend known as “Frodo.” The German athlete will wear the brand’s high-performance footwear for the next three seasons. Frodeno, who is 38 years old, won the gold medal in men’s triathlon ...
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Article
OR and other shows are cancelled or postponed
Outdoor Retailer (OR) announced in a “letter to the community” that the OR Summer Market, initially scheduled for June 23-25 in Denver, Colorado, had to be cancelled. Marisa Nicholson, senior vice president and show director of OR, wrote that the difficult decision to cancel the 2020 summer show was made ...
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News briefs
Mizuno appoints new country manager for Germany and Austria
Mizuno, the Japanese sporting goods manufacturer, has recently appointed Christian Wiesender as country manager for Germany and Austria. In this function, he will not only support existing customers, but also promote the company’s sales strategy and brand communication in both markets. Wiesender will work closely with Jean-Paul von der Linden, ...
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Article
Kathmandu’s sales jump by 52% on Rip Curl’s acquisition
Kathmandu Holdings had record sales and profit for the first half of its financial year, ended on Jan. 31 2020, boosted by the acquisition of Rip Curl during the period. Revenues were also driven by a good performance by its New Zealand business and robust sales at Oboz, the American ...
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News briefs
Milliken scales up U.S. production of BioSmart fabric
Milliken & Company, the new owner of Polartec, has increased U.S. production of its BioSmart fabric, a patented bleach-activated technology that uses the power of readily available chlorine bleach to kill 99.9 percent of bacteria and viruses. With the increased need for medical protective clothing during the ongoing corona crisis, ...
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News briefsNew anti-virus treatment from Polygiene
Polygiene announced the launch of a new product called ViralOff. According to the Swedish specialist in freshness and odor control technologies, over 99 percent of the viruses on a garment treated with ViralOff are killed within two hours. All viruses so far tested according to the ISO18184:2019 standard - from ...
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Article
Yue Yuen posts mixed results
Yue Yuen Industrial Holdings, the world’s largest footwear producer, reported a 4.2 percent increase in sales to $10,105 million in 2019, driven by a double-digit increase in retail revenues. However, the Chinese company’s gross margin lost 0.3 percentage points, going down to 24.9 percent. and its net income fell by ...
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News briefs
Snowleader is Capital magazine’s best outdoor buying experience
Snowleader appears for the third year in a row in Capital magazine’s third annual ranking of France’s 600 best buying experiences online. Scoring 8/10, the French e-tailer came in first in the outdoor category, ahead of Hardloop and Campz . To establish the list, Capital called ...
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News briefs
Umbro opens e-commerce shop in Italy
In keeping with its overall digitalization, Umbro has just expanded its e-commerce operations to Italy. According to its social media manager, Marina Amoruso , Italy is a key market for Umbro. To launch this e-tail shop, the British sportswear brand established a partnership with an enterprise cloud commerce platform ...
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News briefs
Base Detall Sport parts ways with its general director
According to the Spanish trade magazine CMDsport, Base Detall Sport will be “doing without” its general director of five years, Alex Cucurull, so as to “follow through on” and even expedite the strategic plan developed by its board of directors in consultation with the company’s management and commissions as well ...
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Article
Li Ning’s profits soar
Even though it faced a difficult comparison base due to a stellar year in 2018, Li Ning managed to more than double its net income in 2019 to 1,499 million yuan renminbi (€192.2m-$211.4m). The Chinese sports company’s annual sales jumped by 32 percent from the previous year to 13,870 million ...
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Article
Fila performs well in Europe
The Italian heritage sports brand’s momentum remained particularly strong in Europe during the fourth quarter of 2019, as Fila Korea’s licensing royalties from the region surged by 47 percent from the year-ago quarter to 39,200 million Korean won (€29.2m-$32.0m).
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News briefs
Rossignol and Julbo / Fourcade
Rossignol and Julbo will continue to partner with Martin Fourcade, despite his surprise retirement announcement in mid-March. According to reports in sport-guide.com, the French biathlete and five-time Olympic champion has signed a three-year extension of his contract with Rossignol. Julbo also told sport-guide.com that it will further extend its long-standing ...
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Article
Zalando expects less revenues and profit due to corona pandemic
As we had previously indicated, the shutdown of many brick-and-mortar stores because of the coronavirus epidemic doesn’t necessarily imply a boost in the sales of pure online retailers. As Zalando announced on March 30, it is now projecting significantly less revenues, a smaller gross merchandise volume (GMV) and a lower ...
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Article
Wolverine wants to save $500 million
As reported in a separate article, Wolverine Worldwide was one of the companies operating in our industry that got the biggest hit on the stock exchange between Jan. 24 and March 31. On March 26, Wolverine released a detailed statement about the proactive and precautionary measures that it is taking ...
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Article
A stellar year for Lululemon
Lululemon Athletica ended the year the same way it started, with sales and profits soaring. This was expected, since the company raised its guidance in January to reflect a better-than-expected holiday period.
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