All Sporting Goods Intelligence articles in Volume 35, Issue 32+33+34 – Page 3
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News briefs361 Degrees’ operating profit jumps by 7 percent in H1
The Chinese group’s operating income for the six months ended June 30 increased 6.8 percent to RMB1.06 billion (€135.4m).
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News briefsJapan’s Alpen Co. sees annual operating profit tumble
The Japanese sporting goods retailer experienced a 34% decline in annual operating profit over the 12-month period ending June 30.
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ArticleYonex Q1 operating profit swings 20 percent higher
The Japanese sporting goods company’s group sales rose 11 percent to ¥31,067 million from ¥27,992 million.
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ArticleSaucony making progress amid parent’s turnaround
Total sales for the brand under the Wolverine Worldwide umbrella fell by 28% in Q2 compared to the same period last year.
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ArticleMizuno’s Q1 operating income rises by 22 percent
The Japanese group reaffirmed its fiscal year outlook after reporting a 22% increase in operating income for the first quarter.
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News briefsWilson and Roger Federer unveil the RF Collection
The brand celebrates Federer with a new ”groundbreaking tennis racket line.”
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ArticleAmazon losing country chief for India
Manish Tiwary is seeking a new opportunity outside the company, but will remain in his position until October. A successor has not yet been appointed.
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ArticleUnder Armour begins rebuilding its ‘House’ amid Q1 loss
With former, longtime Adidas senior executive Eric Liedtke in the fold as EVP of Brand Strategy and the beginnings of $70 to $90 million restructuring underway, Under Armour reported a net loss of $305 million against a profit of $10 million in Q1 ended June 30. Some $274 million in ...
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News briefsAvoli is announcing the completion of a $2.1 million seed round
The volleyball shoe brand, which officially launched last year, has secured new funding from a number of investors.
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News briefsKappa and Primark team up on collaborative collection
A new 30-piece fashion capsule with apparel and accessories.
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News briefsAsics takes action in Cambodian factory incident
A recent accusation from an international human rights organization has highlighted potential violations of workers’ rights to unionize at a footwear factory in Cambodia. The factory in question is utilized by the Japanese sportswear company Asics.
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ArticleAlpargatas turns Q2 profit but sales in Europe sag
The Havaianas parent reported Ebitda of R$69.2 million (€11.3m) versus $6.8 million for the period ended June 30.
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ArticleHanesbrands taking a new direction sans Champion
Hanesbrands, which reached an agreement to divest its global Champion business and exited its U.S. outlet store network in July, is moving forward with a more focused, simplified business structure focused on the remaining brands in its portfolio. In H2, the company will pay down approximately $1 billion in ...
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News briefsNew Era´s acquisition of ’47 complete
New Era Cap, LLC, announced today, August 8, the completion of its acquisition of ’47, the privately held sports lifestyle brand.
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News briefsVulcabras faces multiple challenges in Q2
Despite economic challenges and a devastating flood in Rio Grande do Sul, the Brazilian group remains resilient.
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News briefsJapans biggest fitness chain is expanding rapidly
Rizap Group is expanding its gym chain Chocozap to China, Hong Kong and Taiwan.
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ArticleTopgolf Callaway explores strategic options and lowers FY outlook
The golf group Topgolf Callaway´s Q2 revenues slipped by 1.9 percent to $1.16 billion from $1.18 billion, negatively impacted by a reported 8.2 percent drop in Golf Equipment sales.
