All Sporting Goods Intelligence articles in Volume 31, Issue 45+46 – Page 4
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News briefsSequential undergoes strategic review
The Sequential Brands Group’s board of directors has re-launched a “broad exploration of strategic alternatives,” which may include the sale of the company or the disposal of one or more of its brands. The company’s vast portfolio includes sports brands such as And1, Avia and Heelys, among others. “The company ...
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News briefs
Obituary: Pat Doran
Patricia Doran, a well-known and respected American fashion designer and fashion journalist, has passed away. John Horan, former editor of Sportstyle and current editor of the American edition of Sporting Goods Intelligence, calls her “the first lady of sports fashion.” She began her career in fashion journalism at Ski Magazine ...
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News briefs
Foot Locker’s CFO is due to retire in April
Foot Locker expects Lauren B. Peters to step down as executive vice president and chief financial officer and retire in April 2021. The sports retailer has engaged the headhunting firm Crist | Kolder to find a successor from in- or outside its ranks. Peters has been with Foot Locker for ...
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News briefs
Two Italian teams wear special jerseys to honor Maradona
SSC Napoli honored the late Diego Armando Maradona by wearing a special fourth kit during the Serie A match between Naples’ football team and AS Roma on Nov. 29. The Kombat kit was designed with Kappa last year, and was indeed expected to be unveiled during the match against Roma, ...
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Article
China Dongxiang sees profits surge due to Japan sale
The sale of the Japanese Kappa trademark lifted China Dongxiang’s profits for the six-month period ended in Sept. 2020, which rose to 1,116 million yuan renminbi (€140.6m-$170.0m), up from RMB 188 million for the year-ago period. On the other hand, the company’s gross margin contracted by 5.3 percentage points to ...
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News briefs
Sergio Ramos leaves Nike, probably for Adidas
The captain of the Real Madrid football club and the Spanish national football team, Sergio Ramos, has decided not to extend his 10-year deal with Nike. He has now posted a photo on Instagram of him wearing Adidas boots, leading to press speculations that he has signed up with the ...
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News briefs
Kathmandu’s group CEO is unexpectedly leaving
Xavier Simonet has given notice that he will leave Kathmandu Holdings within the next six months. He has held the role of chief executive of the group for the last five-and-a-half years. The company said that Simonet’s departure was unexpected. During his tenure, Simonet has repositioned the group and overseen ...
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News briefs
Next World Cycling Forum takes place during IAA Motor Show in Munich
The World Federation of the Sporting Goods Industry (WFSGI) announced that the next edition of its World Cycling Forum (WCF) will take place on Sep. 9-10, 2021 during IAA Mobility (Sep. 7-12) at Messe München’s International Congress Center (ICM). Following the relocation of the IAA automotive show from Frankfurt to ...
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News briefs
Stefan Rosenkranz will be BSI’s new managing director
Source: BSI Stefan Rosenkranz The board of the Federal Association of the German Sporting Goods Industry (BSI) has appointed Stefan Rosenkranz as its new managing director. Rosenkranz will take up his new position on Feb. 1, 2021, taking the place of NIcole Espey, who left at the ...
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Article
Debenhams may collapse as JD terminates rescue talks
Department store chains are having a hard time these days, as shown for example by the recent reorganization of the Karstadt and Galeria Kaufhof chains in Germany after their phased takeover by Signa Retail. Debenhams, the oldest one in the U.K., is now winding up operations and closing all its ...
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Article
ANWR and GKK support a German buy-local campaign
While physical stores are still open in Germany, with some restrictions imposed by the Covid-19 pandemic, statistics show that customer traffic has declined dramatically in city centers, threatening the survival of many retailers. As in the U.K. and other countries, many customers are preferring to order products online for the ...
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News briefsVF opens its first multi-brand store
VF Corporation has opened its first multi-brand store on a surface of 2,000 square meters on three levels in a landmark building near Milan’s cathedral. Named after its address, Orefici11 carries three brands – Timberland, The North Face and Napapijri – with dedicated show windows for each brand and dedicated ...
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News briefs
Burton re-sells a surf brand
In 2006, Burton Snowboards bought Channel Islands, a brand of surfboards, from Al Merrick, a shaper who founded it 51 years ago in Santa Barbara, California. Burton has now agreed to sell CI Surfboards to the founder’s son, Britt Merrick, along with members of its management and athletes. According to ...
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ArticleRevo partners with Bode Miller
Bode Miller, the most decorated American skier in history, has agreed to a long-term partnership with Revo, the 35-year-old brand of high-performance sunglasses, which has just come out with a new co-branded capsule collection of high-performance snow goggles. Miller, who previously wore various brands of ski goggles without endorsing any ...
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News briefsFormer Zappos head Tony Hsieh dies
Tony Hsieh, who co-founded Zappos.com, the pioneering American footwear and clothing online retailer, and ran it for about two decades, died at the age of 46 due to complications from injuries sustained in a house fire in New London, Connecticut. Known for his kindness, generosity and a relentless focus on ...
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News briefsUnder Armour launches the Curry brand
Imitating what Nike has done so successfully with Michael Jordan and the Jordan brand, Under Armour has launched the Curry sub-brand and logo in a new line of apparel and footwear products for a variety of sports. It is named after Stephen Curry, the 31-year-old NBA star whom it has ...
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News briefs
Löbe leaves Puma to run Absolute Teamsport
Sport 2000 GmbH, the joint buying group for Sport 2000 retail members in Germany, Switzerland and the Benelux countries, has created a dedicated legal entity, Absolute Teamsport GmbH, for retailers specializing in team sports, similar to those that it already has in operation for running and outdoor specialists. The new ...
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News briefs
European Tour and PGA Tour unite
The European Tour and the PGA Tour have announced a “Strategic Alliance” for golf competitions, covering tournament scheduling, prize funding, media rights and commercial matters. The PGA Tour will be acquiring a minority stake in the European Tour’s media production company, European Tour Productions, and the PGA Tour’s commissioner, Jay ...
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News briefsSuperfeet introduces custom-insole system to Europe
The insole and footwear manufacturer Superfeet brought its Fitstation – which it describes as a “personaliszd” insole- and footwear-fitting system – to Europe in November. Already rolled out in the U.S., the system pairs elements from both the Swedish footwear-tech company Volumental and the American computer company HP. Volumental’s Engage ...
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News briefs
New Balance changes distributor for Romania and Bulgaria
Startline, the Greek distributor of New Balance, will also be responsible for Romania and Bulgaria from Jan. 1, taking over the role from the brand’s Turkish distributor, NBI Giyim. The company says that Startline has done a good job for the brand by creating a strong omni-channel business, including nine ...
