All Sporting Goods Intelligence articles in Volume 31, Issue 9-10 – Page 2
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ArticlePolartec starts to make some more noise
Polartec wants to raise its brand awareness with a bigger marketing budget under the ownership of Milliken & Company, the big American textile group that took over the fleece fabric producer a few months ago (Compass Vol. 12 N° 11+12 of June 28, 2019). It has already changed its logo, ...
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Article
Bogner’s CEO resigns
Andreas Baumgärtner, who has been the chief executive of Bogner since November 2017, will be leaving the company at the end of March. According to the company, Baumgärtner is leaving at his own request and for personal reasons. He will resign on March 31 but continue to serve in an ...
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News briefs
Woolpower to expand production capacity
(OIC) Woolpower, the Swedish specialist in wool bodywear and accessories, says it intends to further expand the production capacity in its own factory because of its good long-term order situation and is investing in new employees and machines. Up to 30 knitting machine operators, converters and seamstresses are to be ...
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News briefs
Snowlife seeks to expand distribution abroad
(OIC) Snowlife, the Swiss family business specializing in ski gloves, wants to further strengthen its international distribution, which is now largely limited to agents in Italy, Austria and France, plus distributors in Spain, Russia and Eastern Europe. For this purpose, the company has appointed an industry veteran, Robert Demetz, to ...
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News briefs
Nike appoints new president for Iberian subsidiary
American Nike, Nike’s Iberian subsidiary, has named Marco Deotto president. For the past five years, Deotto has been Nike’s senior finance director for southern Europe. He also spent more than a year as finance director for Italy. Before joining Nike, he held various finance-related positions with Heinz Italy and rose ...
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News briefs
New Balance renews The Runaway
New Balance is reinstituting The Runaway, the pub where customers can purchase their pints with running miles logged on Strava, the fitness tracking app. The company has changed the decor since the inaugural year of 2019 and introduced four new “challenges” through the app, hoping to draw runners of all ...
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Article
Russian government postpones shoe tagging
Russia’s Prime Minister, Alexey Mishustin, has postponed the compulsory tagging of footwear in the domestic market from March 1 to July 1, according to a decree posted on the Russian government’s website on March 3.
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Article
Sports brands celebrate women
A number of sports brands celebrated International Women’s Day on March 8.
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Article
Clarus buys a case maker, after making further progress
(OIC) Clarus Corporation, the parent company of Black Diamond, Sierra Bullets and SKINourishment, continues to make acqusitions in adjacent sectors. It has announced the takeover of SKB Corporation, a leading U.S. producer of protective cases. The purchase price of around $96 million will consist of $85 million in cash and ...
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Article
Accell’s new focus on Europe bears fruits
Accell Group, the Dutch-based company behind Haibike, Lapierre, Batavus, Raleigh and many other bicycle brands, said that its turnover accelerated across the board in 2019 outside North America, where it is no longer operating directly. Excluding divestitures, the group’s revenues increased by 7.5 percent last year to €1,111 million, with ...
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ArticleJoint management for SportScheck and Karstadt Sports
(updated March 12 2020) Thomas Wanke has been appointed to the newly created position of chief executive of both Karstadt Sports and SportScheck. The former CEO of SportScheck, Markus Rech, is no longer in charge. Furthermore, Stefan Weiss, chief sales officer at Karstadt Sports, will from now on serve as ...
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Article
Maus Frères creates a new group around Lacoste
Maus Frères Holding, the Swiss retail and wholesale conglomerate, has created a new entity, the MF Brands Group, or MF Group, to put together Lacoste, Tecnifibre, Aigle and its other sports and fashion brands under common management for greater “coherence, integration and internationalization.” The company, which was previously called Maus ...
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ArticleAdidas posts strong results, but warns about coronavirus impact
The year 2019 was a pretty good one for the Adidas Group. On March 11, the company reported revenue gains in all the regions, with Europe returning to growth, and strong increases in direct-to-consumer sales, while profit margins improved. However, the share price tumbled by about 10 percent as the ...
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ArticleForced labor in China for some sports brands?
Several Chinese factories under foreign contract appear to be resorting to forced labor from ethnic minorities. The suspicion stems from a report on the plight of China’s Uyghurs and other minorities recently released by the Australian Strategic Policy Institute (ASPI) – a self-described non-partisan think tank founded in 2001 to ...
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News briefsSchöffel offers ski clothes for rent
(OIC) In conjunction with local retail partners, Schöffel started renting out ski clothing in Austria and Switzerland this winter. The German brand of functional outdoor and ski apparel says the offer is intended not only to appeal to skiers who seldom or only occasionally hit the slopes, but also to ...
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News briefs
Timberland rewards patience with new trees
(OIC) According to Reuters, Timberland has since August been encouraging customers to choose four- to eight-day delivery, rather than standard three-day service. In exchange for every such exercise in patience, the outdoor brand will plant a tree. As a rule, of course, the slower the delivery, the less it costs ...
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News briefs
Afydad pitches a pádel lobby
On Feb 25, at Madrid’s Instituto de Comercio Exterior, the Spanish Association of Sporting Goods Manufacturers and Distributors (Afydad) pitched what it called the International Pádel Cluster (CIP) to a gathering of about 60 professionals with ties to the sport. The CIP’s objective would be to federate the various companies ...
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News briefs
Skechers is using soles by Goodyear
Skechers has begun to source some of its soles from The Goodyear Rubber & Tire Company. For now, Goodyear Performance Outsoles are available only on three models in the Skechers GoRun line of running shoes, but their application will expand throughout this year – first to other running models and ...
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Article
New dates for Fibo and IWA, no fair in France
March 9, 2020 - We have already reported about the cancellation of Ispo Beijing. Three other big international fairs, Fibo in Cologne, IWA Outdoor Classics in Nuremberg and Prowinter in Bolzano, announced a few days ago the postponement of their events. Two of them have now communicated their new dates. ...
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ArticleChemicals and coronavirus weigh on Wolverine’s results
(OIC) The group’s two biggest footwear brands, Merrell and Sperry, helped Wolverine Worldwide finish the last year on a high in terms of revenues, with both of them scoring growth in the mid-teens for the fourth quarter ended on Dec. 28. The company also benefited from an acceleration in direct-to-consumer ...
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