Latest Headlines – Page 286
-
Article
Centauro has a new store format
The largest Brazilian chain of sporting goods stores, which belongs to Grupo SBF, launched a new store concept, Centauro Full Size, in the Barra da Tijuca section of Rio de Janeiro last June. Measuring 3,000 square meters, it features various interactive applications and product customization options to engage visitors. It ...
-
Article
Shimano grows because of the yen
The devaluation of the Japanese yen helped Shimano to post a 12.2 percent increase in total sales to 66.4 billion yen (€491m-$661m) during its third quarter, which ended on Sept. 30. The bicycle segment recorded a sales increase of 10.1 percent to ¥52.1 billion (€387m-$521m), while fishing tackle went up ...
-
Article
Dorel sees a turnaround in the bike market
Dorel Industries sees the global bicycle market tending toward stabilization after a decrease so far this year due to poor weather conditions in the spring. While bike dealers are playing a cautious hand in replenishing their pre-season inventory, sales rebounded slightly during the third quarter ended Sept. 30 in the ...
-
Article
Easton-Bell sees declines in cycling and hockey
The acquisition of new international distributors led to a 34 percent increase in sales of Bell Powersports helmets at Easton-Bell Sports and pre-season orders for Bell, Giro and Blackburn helmets went up by 41 percent in the third quarter ended Sept. 28. Giro's snow products benefitted from a rebound in ...
-
Article
Currencies affect Rapala’s turnover
The North American market was the only bright spot in Rapala VMC Corporation's report for the third quarter ended Sept. 30. Strong pre-sales of ice-fishing products and a positive sales development for Rapala lures and VMC hooks boosted the Finnish group's sales in the North American market by 20 percent ...
-
Article
Jarden buys another fishing brand
Jarden Corporation has reported a 2.0 percent decline to $670.6 million for its sales in the Outdoor Solutions segment during the third quarter ended Sept. 30, but on organic basis they grew by 4.1 percent. . In the U.S., total segment sales were stronger in specialty channels and among independent ...
-
Article
Head seems to be gaining market shares
Head estimates that winter sports orders are up by only around 5 percent for the new winter season across the ski industry, although the wholesale volume of alpine skis sold to the trade for the 2012/13 season declined to about three million pairs.It also estimates, based on external data, that ...
-
Article
Wintersteiger warms cold feet with Hotronic
Wintersteiger, the Austrian manufacturer of ski maintenance and service machinery and storing solutions, has agreed to acquire the assets of Hotronic International, a U.S. company specializing in heating technologies for ski boots and gloves. Besides the Hotronic FootWarmer line of products, the deal includes also Snapdry, a sub-brand that offers ...
-
Article
Ski professional gets 5% of Kästle
Chris Davenport, a two-time free ski world champion, has become a shareholder of Kästle, the Austrian ski manufacturer. At the same time, the American athlete has joined the company's board of directors. Davenport has been with the brand since 2007, when Kästle set up its “Pro Team'' of top athletes. Since ...
-
Article
Billabong sells its Canadian chain
Billabong International acquired the Canadian West 49 chain of 138 surf and skate shops three years ago for about 86 million Canadian dollars (€61.0m-$82.2m). After at least six months of speculation that it was seeking to divest it, it has now agreed to sell it for an amount between C$9 ...
-
Article
Sports Direct may buy Bench
Sports Direct International is in serious talks to take over Bench, the successful British brand of sports-inspired young fashion clothing and accessories, according to the usually well-informed Drapers magazine. The report indicates that Sports Direct is most interested in the Bench brand, which is one of the assets of a ...
-
Article
Ping buys out its European apparel licensee
Meanwhile, Ping, the American golf company, has announced that it has bought the Ping apparel business that has been built up by Peter McGuigan, for an undisclosed price. Through a company in the Manchester area called PMG International, which shut down a few weeks ago, McGuigan had been the licensee ...
-
Article
Minimum wages rise in the Far East
The minimum monthly wage for the four million workers in the garment industry of Bangladesh is now set to go up by 77 percent to the current equivalent of U$68.17 on Dec. 1. The new wage rate, which remains one of the lowest in the world, is a compromise between ...
-
Article
Lafuma continues its downward movement
The board of director of Lafuma Group and the representatives of its personnel have unanimously approved the proposals of Calida, the Swiss company that is offering to refinance it and to obtain its control in two stages.An extraordinary shareholders' meeting will soon vote on the proposals and the nomination of ...
-
Article
Major management changes at Amer and Arc’teryx
Credited for delivering strong business results and for leading the strategic business transformation of Amer Sports' Europe, Middle East and Africa region, Michael White, who has been the general manager of Amer Sports EMEA since 2010, has been promoted to the position of chief sales officer and general manager for ...
-
Article
Crocs weighs strategic options
Crocs is reportedly considering new strategic options, including the sale of the company to new investors, after its failure to take the company out of the stock exchange with the help of a private equity fund.With its earnings projected to fall by more than 50 percent this year to ...
-
Article
Jack Wolfskin expands in Eastern Europe
Jack Wolfskin is continuing to explore partnerships in Eastern Europe, teaming up with three retailers who will open Jack Wolfskin shop-in-shops in their stores: Mountex in Hungary, Sport Depot in Bulgaria and Sport Virus in Romania.Separately, a Jack Wolfskin franchised store was opened in August in Kiev, the capital of ...
-
Article
Black Diamond takes action to diversify
Black Diamond Inc. has hired a leading consulting firm to conduct a global profitability study across all its product categories and geographies in order to refine its future development strategies. It has also mandated an executive search firm to look for a senior executive with experience in the management of ...
-
Article
Deckers expands Teva’s lifestyle range
Jeff Bua, the new president of Teva, is repositioning this brand of sports sandals in the Originals category to capitalize on its heritage and better penetrate the casual footwear segment all year ‘round. It plans to introduce a new line of Teva canvas shoes next year that will stay warm ...
-
Article
Garmin and TomTom look beyond PND
The personal navigation device (PND) market fell by 15 percent to 2.3 million units in Europe and 28 percent to 1.1 million units in North America during the third quarter, according to information supplied by TomTom. The Dutch company said that this led to steep discounting of GPS-enabled devices for ...
