Latest Headlines – Page 353
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Vf Shuffles Its Execs; Eyes New Outdoor Acquisitions
VF Corporation has done some shuffling in its executive ranks. Karl Heinz Salzburger, vice president of VF and president of VF International as well as a member of VF's operating committee, has the new title of vice president of VF and group president, international. Steve Rendle, the ...
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New European And International Management For Under Armour
Peter Mahrer, the former Adidas and Puma executive who headed up the European operations of Under Armour in Europe, the Middle East and Africa in the last years, has relinquished this job from the start of 2011. The EMEA unit is to be supervised from Baltimore, with leading functions for ...
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New Distribution Partners For Freddy
The Italian brand of dance and fitness clothing and footwear has signed up new agents and distributors in several markets since the appointment of a new international director, Mike Thompson. Based at Freddy's sales office in London, he joined the company in April 2008 from Timberland, where he acted as ...
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Lowa Takes Off Its Ski Boots
Effective with the next winter season, Lowa will stop marketing ski boots under its own name. The Tecnica Group has decided to focus on its core brands in this category, Tecnica and Nordica. Werner Riethmann, managing partner of Lowa, told this publication that recently the company sold only some 40,000 ...
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Sms' Founder Buys Back His Market Research Company
The management team made up of Stephen Proctor and John Bushell has bought back the European sporting goods equipment and sports participation business of IFM Sports Marketing Surveys. Going back to its roots, it will operate under the name of Sports Marketing Surveys Inc., to be consistent with the U.S. ...
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Fibo Will Move To Cologne To Accommodate Growth
Fibo, the world's largest fitness, wellness and health trade show, is moving to Cologne starting in 2013. The last two events in Essen will be this year and next. The new agreement for a Cologne show is good for 10 years. The organizers, Reed Exhibitions Deutschland, felt the ...
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Li Ning Outlines New Policies To Cope With A Soft Chinese Market
Same-store sales for the Li-Ning brand rose by 3.6 percent in the fourth quarter and by 3.9 percent for the whole of 2010. The brand's performance is estimated by the Li Ning group to be roughly in line with the trend of the Chinese sporting goods industry. The number of ...
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Europe Will Put An End To Shoe Duties At Last, But Sourcing Is Still A Problem
European importers are welcoming the lifting of the current anti-dumping duties of 16.5 percent on leather shoes imported into the European Union from China and Macao, and 10.0 percent on those imported from Vietnam, starting next April 1. Performance athletic shoes have been exempted from these duties, which were imposed ...
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Big Growth And New Sourcing Plans For Intersport
Preliminary sell-out data indicate that the retailers affiliated with Intersport International Corporation enjoyed an overall sales increase of more than 5 percent in 2010, mainly driven a strong double-digit increase for IIC's expanding private label program. Major progress was recorded in Germany, Austria, Canada, France, Slovenia, Croatia and the Scandinavian ...
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Industry Stocks Rise By 36.2%
Recovering from the 39.5 dip it suffered in 2008, the global sporting goods industry performed better than the overall economy on the stock exchanges of this world in 2010. In terms of local currencies, the stock market capitalization of the publicly listed sporting vendors and retailers rose at an average ...
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Jjb Plans Refinancing, Change At The Top To Ease Conditions
JJB Sports is going to try to help resolve its liquidity problems by raising at least £31.5 million (€36.7m-$49.0m) in equity financing, with one of the new investors being the Bill and Melinda Gates Foundation Trust. The company is also seeing some management changes, with John Clare stepping down as ...
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Ronnie Wants To Go Back Into Sports Retail - But Not With Dw Sports
Several British newspapers have reported in the last few days that Chris Ronnie, who abruptly left as chief executive of JJB Sports nearly two years ago amid allegations of misconduct, is preparing to return to retailing. He has teamed up with Andrew Duckworth, a partner at Winterhill Asset Management, to ...
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Blacks Elevates Its Outdoor Sales
While reporting continued discussions on the possible sale of part or all of the British retail company to potential investors, Blacks Leisure put out encouraging figures showing that a strong performance enjoyed during the winter period offset a decline experienced over the past summer. The company expressed confidence that full-year ...
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Migros Focuses On Running With Ryffel's Acquisition
Migros, the big Swiss food retail cooperative, is showing that it's serious about building a distinct profile in specialty sporting goods retailing by taking over Ryffel, the Swiss specialist in running and walking gear. This move comes after setting up the dedicated SportXX sports retail chain and opening a couple ...
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More Movement In French Sports Retailing
We have already reported on A/S Adventure and Cabela's entering the French market, albeit more extensively in our Outdoor Industry Compass than in SGI Europe. We have also recently reported that Activa Capital investment fund is taking over control of Sport 2000 France. A series of more recent articles in ...
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Italian Retailer Sells Exclusive Puma Collections
In December, the OVS variety stores of Oviesse started selling shoes exclusively designed by Puma for children aged 0-14 years old. In the coming weeks, Puma will also supply the Italian retailer with a collection of T-shirts, shorts and sportswear for the 2011 spring/summer season that will be available in ...
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Jarden To Split Chairman And Ceo Positions
Jarden Corporation is making some significant changes in its top management. After its annual meeting in May, Martin E. Franklin, the company's chairman and chief executive, will become executive chairman. As such, he will oversee all aspects of corporate strategy, including growth initiatives, and corporate culture and philosophy. At the ...
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Pele Sports Plans Expansion In Brazil
Pelé Sports, the football apparel and footwear brand launched last year under the name of the famous Brazilian football star, is preparing to open a subsidiary in Brazil. It should start delivering its functional and lifestyle ranges in July, with a target of reaching about 200 Brazilian retailers by the ...
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Russian Sports Apparel Firm Can't Find Skilled Staff
One of the biggest Russian sports apparel producers, Mustang-2, is expecting to continue to grow substantially this year, but the growth may be stifled by a shortage of qualified personnel. It has many orders from Adidas, the Russian Forward group and other important clients for the next months, but the ...
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Brit Surf Starts Anew
As of Jan. 1, the new national governing body for surfing in the U.K. is Surfing GB. The new board, led by Chris Thomson, wants it to start with a clean slate after allegations of poor management and various legal issues. Surfing GB replaces the British Surfing Association, which announced ...
