Latest Headlines – Page 335
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Analysis: The global athletic shoe market 2010
We published the results of our annual survey of the branded rugged outdoor shoe market in The Outdoor Industry Compass on Friday, showing a strong increase of 12.8 percent for 2010 in U.S. dollars at the wholesale level. Well, the data that we and our American colleagues have collected for ...
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International success has Sports Direct wanting more
Sports Direct International (SDI), the leading British sports retailer and wholesaler, raised its stake in Blacks Leisure Group to 21.3 percent in the past few days. The rapidly expanding company, which has made other questionable strategic and portfolio investments recently, had seen its stake in the struggling British outdoor retailer ...
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Go Sport has plans to get back in the black
Groupe Go Sport continues to lose money, but the management of the French sporting goods retailer is convinced that it has found the recipe for its financial turnaround. Briefly stated, it will consist of a closer partnership with the brands, to differentiate from Décathlon, combined with more targeted product ranges ...
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Sport 2000 wants to do more marketing
The mood was buoyant at the general assembly of Sport 2000 International held in Sofia a few weeks ago, as the international buying group enjoyed robust sales last year and is preparing to step up its marketing investments in the Sport 2000 banner. The estimated retail sales of the buying ...
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Fila makes new moves in Europe
Marzio Coizzi, a 59-year-old Italian manager who worked for the brand for 23 years until 2004, is coming back in the role of commercial director of Fila for Europe, the Middle East and Africa. Based at a new office near Biella, where the brand was born 100 years ago, he ...
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Another fund buys Jack Wolfskin; Hell quits
Jack Wolfskin has changed ownership after a couple of months of negotiations with various bidders. Blackstone, the private American equity firm, is taking over the “Paw.” The sellers, Quadriga Capital and Barclays Private Equity, which had reportedly paid about €93 million for the German outdoor brand, plus assumption of debt.The ...
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VF is optimistic after a good quarter
VF Corporation, the owner of The North Face, Vans and many other outdoor, sports and fashion brands, has upgraded its guidance for sales and profits for the full year, after all of its units continued to blaze ahead in the second quarter and it managed to limit the impact of ...
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Accell’s sales rose by 9% in first half
Accell Group increased its turnover by 9 percent to €373.0 million in the first half of 2011 as the Dutch group continued to benefit from both organic growth and acquisitions. Organic growth contributed 3 percentage points to the rise and the remaining 6 points were attributable to the acquisition of ...
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Puma becomes an SE
Puma's registration as a “Societas Europaea” became effective yesterday, triggering a number of expected management changes prior to the publication of the company's quarterly results on Wednesday and those of its parent company, PPR, on Friday. As a European Corporation (SE), which will ease cooperation across borders, Puma will have ...
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Amer pushes e-commerce, own retail
Amer Sports plans to increase sales from e-commerce and corporate single-brand stores to 10 percent of the group's net sales. The group has already started pilot e-commerce operations in France for Salomon and Suunto, and now plans to launch new online shops in other parts of Europe and North America.Victor ...
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Adidas invests in Latin America
As shown by the figures from Vulcabras and Alpargatas in our athletic footwear chart, Latin America is currently the fastest-growing market for sports shoes in the world. The importance of the region for the Adidas Group was underlined by its chief executive, Herbert Hainer, at a press conference in Buenos ...
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Brazil’s leading sports retailer readies an IPO
Grupo SBF, the fast-growing company that runs the Centauro and By Tennis chains of sporting goods retail stores in Brazil, is preparing to go public in 2013, if the market conditions at the time are favorable on the eve of an explosion of the market that will no doubt coincide ...
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India may become more attractive for foreign retailers
The Committee of Secretaries, an advisory body grouping representatives all the relevant ministries of the Indian government, issued a much-awaited recommendation last Friday that foreign companies should be allowed to acquire a controlling stake of 51 percent in multi-brand retail in the country.To help protect the numerous small, traditional retailers ...
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Major South African retailer goes public
Holdsport, a company formerly known as Moresport that runs 33 Sportmans Warehouse and 18 Outdoor Warehouse stores in South Africa, went public on the Johannesburg Stock Exchange. The transaction gave the company a valuation of about 1.33 billion rand (€136.3m-$196.4m), resulting in a small capital gain for its major shareholder, ...
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Vibram takes over FiveFingers’ distribution in Europe
Vibram has amicably parted ways with Aicad, the Italian producer of Lizard sandals, by not renewing a contract that had given it the right to distribute its own line of FiveFingers shoes in Europe for the past five years. Aicad will have until the end of this year to clear ...
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Vibram attacks Fila over FiveFingers patents
Vibram USA and its parent company in Italy, Vibram SpA, filed a complaint last July 6 in a U.S. District Court in Massachusetts, alleging that the “Skele-Toes” range introduced by Fila USA last February infringes on three U.S. patents. The main patent, issued last Oct. 5, covers “footwear having independently ...
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Double-digit growth for Bike Expo
Messe München is coming into a closer competition with the Eurobike show organized by Messe Friedrichshafen as the schedule of its own bicycle trade show is going to move forward from July to an Aug. 16-19 date next year, when it will be rebranded as Ispo Bike.Still called Bike Expo ...
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Companies excel at a good Efttex show
EFTTA, the European fishing tackle industry association, reports a total of 1,630 daily visits at its 30th annual European fishing tackle exhibition, Efttex, which took place in Amsterdam last month. It was the second-highest attendance figure, and the organizers pointed out that it was attained in spite of the introduction ...
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Friedrichshafen’s numbers are up again
A total of 890 exhibitors – up by 3 percent compared with the previous year – welcomed 21,520 trade visitors at the OutDoor show held in Friedrichshafen a few days ago. The attendance figure, which accounts for visits per day, was up by 5 percent compared with 2010.The share of ...
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B&B puts out a « Supershow. »
Reminding the sports professional of a similarly named fair in Atlanta, the Bread & Butter trade show for selected brands, which took place on July 6-8 on the historic grounds of Berlin's-Tempelhof airport, celebrated its tenth anniversary under the motto 'The Bread & Butter Supershow'.About 580 exhibitors presented their new ...
