Latest Headlines – Page 367
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As A Group, Nike Has Overtaken Adidas’ Football Lead
The research firm Sport+Markt has taken a look at what the major brands are doing around the World Cup in South Africa, and found that the Nike group is spending more to outfit teams than its big rival (and the official sponsor of the event) Adidas. Nike and its specialized ...
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Annecy Will Host The First European Outdoor Forum
Sporting Goods Intelligence Europe and its new sister, The Outdoor Industry Compass, have agreed to be among the sponsors of the first European Outdoor Forum. Scheduled to be held Oct. 11-13 in Annecy, home to Salomon, Millet, Patagonia Europe and many other outdoor-related companies, this convention aims to put together ...
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Record Of Exhibitors And Improved Infrastructure At Outdoor Show
Messe Friedrichshafen, the organizer of the OutDoor show due to be held from July 15 through 18, reports a record attendance of 860 exhibitors, which corresponds to an increase of 6 percent from a year ago. They come from 39 countries and represent more than 1,000 brands. The trade ...
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Interesting Business Model At The New Sports Unlimited Trade Show
The organizers of Sports Unlimited were pleased with its results in the second year of the event, which were better than expected, considering the economic situation and the fact that the country has remained without a traditional sporting goods fair for many years, creating new habits in relations between vendors ...
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Two French Industry Veterans Attack The Sports Medical Field
The two industry veterans, Serge Darcy and Stéphane Janssoone, worked together at Compex, the supplier of electronic muscle stimulation equipment. Darcy, a 57-year-old executive with a longer experience, has set up his own distribution company, called MedAtletic, while 38-year-old Janssoone, who worked at Cefar-Compex until last year, is now running ...
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Mueller Sports Medice And Mcdavid Work Differently In Europe
Both of these American specialists in protective baselayers and other injury protection equipment for various sports do a lot of business in the U.S., especially with the larger sporting goods stores. This is not only because of the toughness of American sports such as hockey and American football, but also ...
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The Big Football Brands Get Ready For The World Cup
The latest round of disclosures by the leading brands in the football market again has Adidas and Nike boasting that they are the largest players in the sport, ahead of the final round of the football World Cup to start in South Africa next month. At its investor conference ...
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Intersport Warns About Football Hype
When it comes to retailers, Intersport is expecting its football sales to reach at least €850 million including VAT this year, compared with about €810 million in 2008 and €710 million four years ago. This amounts to a projected increase of about 5 percent this year compared with two years ...
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Sport 2000 Has A New Leader, William Monti, And New Structures
The board meeting of Sport 2000 International held in Munich earlier this month led to the election of William Monti, president of Sport 2000 France, as the international group’s chairman. He replaces the Dutchman Marius Rovers, who had to step down due to the fact that he will soon be ...
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Dutch Buying Groups Withstand Tough Market Conditions
Euretco Sport, the second-largest buying group for Dutch sports stores, comprising Sport 2000, Runnersworld and the Sport Point partnership, is rebuilding its management after a tough year. Bertil van der Sluis, who specializes in retailing and franchising, with stints at such companies as Phone House and Mexx International, was appointed ...
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Blacks’ Fund-raising Vote Passes And Pentland Picks A Small Share
Blacks Leisure, the leading British outdoor retailer, has overcome an attempted block by its largest shareholder, Sports Direct International (SDI), to raise funds for its turnaround plan. At a general meeting held last week, Blacks’ managers obtained approval from the company’s shareholders to raise £19.7 million (€23.0m-$28.2m) through a share ...
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Gresvig Launches Superstores In The Fastest-growing Scandinavian Market
Gresvig, the leading player in the Norwegian sporting goods market trading under the G-Sport and Intersport banners, will launch a new format of superstores next year, called G-Max, in major urban areas. The move is evidently a reaction to the strong expansion of XXL, which ranked as the fastest-growing major ...
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Athlete’S Foot Is Changing Ownership Again
NexCen Brands has announced that it will sell all of its franchise businesses, including The Athlete’s Foot, and then propose to dissolve and distribute any remaining proceeds to its shareholders. An investment firm, Levine Leichtman Capital Partners, is buying the whole business for $112.5 million through a subsidiary, Global Franchise ...
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Sales Gains Boost Foot Locker’S Income
A 5 percent increase put Foot Locker’s global sales at $1,281 million for the first quarter ended May 1. Net income jumped by 74 percent to $53 million, and easily beat the consensus forecast of $44 million. Comparable store sales went up by 4.8 percent. Excluding the impact of currencies, ...
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China Gets The Wto To Review The European Anti-dumping Duties
China and the European Union have been unable to resolve their differences over the anti-dumping duties levied by the EU on imports of Chinese-made non-athletic leather footwear in the mandatory negotiating period that followed China’s request last Feb. 4 for consultation on the issue within the World Trade Organization. The ...
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Nike Will Sell Converse Directly In The U.K. And China
Nike plans to take over the distribution of Converse in the U.K. and China after the end of this year from its current licensees, after the expiration of present contracts: a company in Hartfordshire, RPQ Supplies, for the U.K.; and GM Asia Pacific in Hong Kong for China.RPQ Supplies, a ...
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Callaway Reshuffles Its European Sales Structure
Timo Regier, who has been handling Callaway Golf’s sales in Central Europe, is widening the scope of his sales responsibilities to include the Southern European region previously supervised by Jocelyn Diot, who has left the company. Regier, who first joined the company in 1997 in London as an inside ...
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Sunice Is Ready To Expand In Europe
Sunice, the Canadian brand of golf outerwear, is teaming up with an established British distributor to launch Sunice Europe, which will sell the brand in the U.K. and Ireland. This unit is a joint venture between The Golf Business, the distributor that established Galvin Green in the U.K., and the ...
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Good Start For Head In The New Year
Head N.V. had a successful first quarter, with sales climbing by 6.7 percent to €61.0 million for the period ended March 31. The gross profit margin rose by 4.8 percentage points to 42.9 percent on higher sales, improved product mix, and lower manufacturing and sourcing costs. There was still an ...
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Strong Growth For Babolat
Babolat is celebrating its 135th birthday with a stunning increase of 20 percent in its consolidated sales for the eight months ended last April, although this was partly due to the fact that it decided to launch some important new products at the beginning of this year instead of September. ...
