Latest Headlines – Page 188
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The future is digital
Digitalization is creating a new dynamic in the industry, said Klaus Dittrich, president of Messe München. He appointed a new digital officer a year ago for all its fairs, reporting directly to him. Stating that a change of culture is needed to take advantage of the new opportunities offered by ...
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The OutDoor show will move to Munich from 2019, but...
Messe München, the organizer of the Ispo shows in Munich, Beijing and Shanghai, won a clear majority of more than 65 percent of the votes cast by the members of the European Outdoor Group (EOG) in the contest for the future venue of the OutDoor show, starting in the summer ...
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Good progress for Intersport internationally
A big increase in the winter sports business at the end of the year helped Intersport International Corporation (IIC) to report a 3.3 percent increase in the retail sales of its affiliated retailers in 2017, or 3.8 percent up in local currencies, reaching a level of €11.5 billion including sales ...
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Sport 2000 works on new European projects
Sport 2000 International is planning to gradually create a pan-European organization for category management and logistics. The project is a joint initiative by Sport 2000's national buying groups in Germany, France, Austria, Belgium, the Netherlands and Switzerland. It is coordinated by Sport 2000 International.Category management has already been adopted by the ...
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Intersport Deutschland claims higher market shares
Intersport Deutschland estimates that it gained market share last year as its members reported retail sales of €2.94 billion in Germany. That was a comparable sales increase of just 1 percent, but it compares with a market estimate from GfK that the German retail market moved up no more than ...
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Sport 2000 works harder in Germany
Sport 2000 reported on the first day of the Ispo Munich fair that its affiliated retailers in Germany raised their retail sales by 1 percent to an estimated level of €1.89 billion in 2017. It expects growth of more than 3 percent in 2018. On the other hand, the voluntary group has ...
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Decathlon readies Irish store opening
Decathlon is reportedly preparing to plant its blue flag in yet another country with the projected opening of a store in Dublin next year, and plans to open up to eight more in cities including Cork and Galway.Publicized earlier this week, the plans come after the opening of an office ...
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Boardriders appoints Tanner as CEO
Following the disappearance last week of its long-time chief executive, Pierre Agnès, Boardriders announced that Dave Tanner, the current chief turnaround officer of the group, will assume the role and responsibilities of chief executive immediately. He had already been scheduled to become CEO upon closing of the company's acquisition of ...
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The last Dassler leaves the Adidas Group
Frank Dassler, general counsel and chief compliance officer at the Adidas Group, left the company at the end of January, although he will continue to advise the group and to represent it in international organizations.Dassler's appointment at the Adidas Group in 2004 raised some eyebrows since he is the grandson ...
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Lululemon’s CEO resigns over misconduct
Lululemon Athletica announced on Feb. 5 that its chief executive, Laurent Potdevin, had resigned because of unspecified behavior issues.The Canadian company did not explain the nature of the conduct that led to his sudden resignation, but said in a statement that it “expects all employees to exemplify the highest levels of integrity and respect ...
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X-Technology parts ways with its European licensee
X-Technology is terminating its 20-year production, licensing and European distribution agreement with Trerè Innovation, the Italian company that has been manufacturing its X-Socks and its X-Bionic lines of knitted garments. The license has already expired, but X-Technology has agreed to extend it to service deliveries of the winter 2018/19 collections ...
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Strong quarter for Amer in winter sports and fitness
Amer Sports ended the year with a strong quarter for its winter sports, outdoor and fitness products, which made up for weakness in the ball sports business and enabled the Finnish group to report gains in sales for the full year.The group's turnover for the quarter moved up by 4 ...
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Good year for Callaway
Callaway Golf's expansion drive helped the company achieve strong results for the past year, driven by strength in its Epic line of woods, continued growth in golf balls and the successful integration of its new business ventures.Early in 2017, the group bought Ogio International, a brand of golf bags and ...
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Mizuno raises profit margins
Mizuno Corp. saw its sales dip by 1.6 percent to 134.3 billion yen (€1.0bn-$1.2bn) for the nine months to the end of December, but it continued to deploy a more profit-driven strategy that helped to raise its profit for the period.The Japanese company explained that the dip in sales was due ...
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Skechers passes the $4 billion mark
Skechers USA again posted record revenues for the full financial year ended last Dec. 31, surpassing the threshold of $4 billion, due in part to strong double-digit growth in its business outside the U.S.The management attributed the performance to its continued focus on efficiencies and infrastructure, as well as innovation. ...
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Columbia Sportswear gains traction in Europe
Columbia Sportswear raised its sales by 19 percent in Europe, the Middle East and Africa (EMEA) to $83.5 million for the fourth quarter of 2017, up by 14 percent in constant currencies. It was the strongest regional increase in a better-than-expected quarter for the U.S. outdoor company, which ended the ...
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Peak Performance raises profit margins
Peak Performance is continuing to reap the benefits of the changes implemented in the last three years, with a sales jump of 17.2 percent to 313 million Danish kroner (€42.1m-$51.6m) for the three months until the end of December, and a 24.5 percent rise in operating profit to DKK 61 ...
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Canada Goose flies high
Canada Goose has reported a revenue increase of 27.2 percent on an annualized basis for the third quarter ended Dec. 31, 2017, with revenues reaching 265.8 million Canadian dollars (€171.6m-$2105m) in the quarter. Adjusted net income of C$64.6 million (€41.8m-$51.2m) compares to an adjusted net income of C$44.9 million in the ...
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GoPro ends the year on a low note
After a strong third quarter that led the company to say it had finally turned the corner, GoPro reported fourth-quarter results that came in below expectations, even though it had already significantly lowered its guidance last month. On Jan. 8, the company had issued a warning saying that it expected ...
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Wintersteiger starts up a new ski rental system
Wintersteiger intends to drag the ski rental industry into the 21st century through the introduction of an automated 3D scanning service. Instead of getting customers to go through the laborious process of trying on boots and then, when finally finding a pair that fits, taking them off again to have ...
