Latest Headlines – Page 304
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Franz Koch will leave Puma
Puma will undergo a radical management change in the coming weeks as Franz Koch, the company's chief executive, and three out of its four other managing directors are preparing to exit. Koch will leave the shaken German sports group at the end of March, after less than two years at ...
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Sports Direct moves eastward and into ski
Sports Direct International (SDI), the big British sports retailer and wholesaler, is apparently moving into the ski market with the acquisition of Ski Warehouse, a specialist retailer with four stores in the U.K. and an online store at skiwear4less.com. Store staff confirmed that the takeover took place earlier this month ...
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Ongoing strong results at Sports Direct
The London Olympic Games contributed to an impressive sales increase at Sports Direct International (SDI), which saw its turnover jump by 22.5 percent to nearly £1,089 million (€1,337m-$1,765m) for the 26 weeks until Oct. 28. Aided by the outstanding performance of British athletes at the Olympics, as well as the ...
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A more comprehensive retail panel by Sports Tracking Europe
The Sports Tracking Europe joint venture between NPD Group and GfK has launched a new point-of-sale market research service in France and Germany to monitor sales of many different categories of sports apparel and equipment in the stores. The data are being supplied to clients on a monthly basis, along ...
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SportScheck moves into smaller cities
After developing a network of large stores in the country's bigger cities, SportScheck, Germany's leading integrated sporting goods retailer is now determined to make it into smaller towns as well. With smaller stores with a selling surface of some 1,000 square meters, Scheck is targeting urban areas with between 100,000 ...
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Décathlon enters Bulgaria
The Oxylane group will enter the Bulgarian market next year with its first Décathlon store in the country. It is due to open in the country's capital, Sofia, on a surface of 3,000 square meters in September 2013. Reportedly, Décathlon has been looking for a suitable location in Bulgaria for ...
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Intersport is moving ahead in China
Leases have been confirmed for the first three Intersport stores in China: They will be opened from July to September 2013 in Fuzhou, Quanzhou and Xiamen in the south of China. All three of them will have a surface of about 1,000 square meters and are close to hypermarkets and ...
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Korea adopts and adapts multi-brand sports retailing
Several international sports retailers are investing to develop the multi-brand retail business in Korea, where the market remains largely driven by mono-brand stores and department stores.Among the latest investors in the Korean market is Xebio, the Japanese sports retailer. It had 458 stores in its own country by the end ...
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Goldwin sets its sights on Central Europe
Goldwin will have a completely new stand, with a different look and concept stressing its Japanese identity, at next February's Ispo show in Munich. The Japanese company, known for its very technical garments, is going to launch a completely redesigned skiwear line for the winter 2013-14 season at Ispo to gain ...
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Reebok streamlines
Reebok International is streamlining operations worldwide after the Adidas Group admitted a few days ago that the brand would not be able to reach its previously set goals and reduced its forecast for 2015 sales by one-third, deciding that it should get out of team sports and specialize in fitness ...
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Lotto works with Pan in Thailand
After changing the distribution of its products in Australia, Lotto Sport Italia has made a switch in Thailand, where it was previously working through Paragon Vest. It has signed a five-year licensing agreement with Bangkok Athletic Company, a subsidiary of the big Pan Holdings group. The goal is to become one ...
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Champion enters Turkey
Champion Europe has decided to enter the Turkish market by the big door. It has set up a sales office and opened its first store in the country, while at the same time striking a sponsorship deal with a major local sports club. Though it is already very strong in ...
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Blue Tomato weighs down on Zumiez
Zumiez, the big American action sports retailer that took over Blue Tomato last July, continues to believe in the long-term potential for the expansion of the Austrian-based online retailer. In the short term, however, it is suffering from its sudden lack of dynamism, due no doubt in part to the ...
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Jet Set hires Chiemsee’s founder for its skiwear
Jet Set has announced its return to the skiwear category. The Swiss apparel brand was iconic for its snow wear in the 1980s, but put later on its focus on pure fashion. To set a momentum in the newly rediscovered sports category, Jet Set has hired Martin Imdahl, the well-known founder of ...
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Zoggs takes new initiatives to expand
After growing by more than 50 percent since Mark Hammersley, a former president of Speedo, took the helm of the company five years ago, Zoggs, the Australian brand of high-end swim goggles, has hired two other seasoned industry veterans in the last few months and taken other initiatives to expand further internationally and ...
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Solé Bicycles moves into Europe
Solé Bicycles, a trendy American brand of fixed-gear bicycles, has started exploring several European markets following the opening of a regional head office in Finland earlier this year. The company has begun by setting up distribution in the Nordic countries and holding talks with potential partners in Germany, the Netherlands, ...
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Skins' challenge against the UCI gets little industry backing
In an interesting case of a sponsor boldly asserting its influence, Skins, the Australian brand of compression garments, has brought together a pressure group, called Change Cycling Now, which grabbed headlines last week by demanding urgent changes in the management of cycling competitions, in the wake of the Lance Armstrong doping ...
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Aldila merges with Mitsubishi
Aldila, a major U.S.-based supplier of carbon fiber shafts and other composite products and materials for golf clubs, archery and other uses, has agreed in principle to merge with Mitsubishi Rayon America (MRA), a leading supplier of carbon fiber and advanced composite materials. The company's directors, senior officers and shareholders who ...
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Johnson Watercraft hires rival's designer
Johnson Outdoors Watercraft has hired an industry veteran, Bob McDonough, as its director of research and development. He joins the American company from Confluence Watersports, where he led the development of numerous market-leading products as vice president of design and senior designer. In his new role, he will be responsible ...
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Yue Yuen posts small sales growth for athletic shoes
Yue Yuen Industrial Holdings reported consolidated revenues of about US$7.30 billion for the 12 months ended Sept. 30, up by 3.6 percent from the previous comparable period. The company, which trades on the Hong Kong stock exchange, decided a few months ago to change the final date of its financial ...
