Latest Headlines – Page 456
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There Is Still A Big Question Mark On The Anti-dumping Duties
The suspense about the European Union’s anti-dumping duties on Chinese and Vietnamese leather shoes will likely last until the Council of Ministers of Oct. 5, the day before the present provisional duties are set to expire. Athletic footwear (STAF) should still be exempted, but the lifestyle shoes of many sports ...
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Brown Shoes Grew By 10.0% Last Year
A closer analysis of the three charts published in the Sept. 7 issue of SGI Europe, showing the variations in the sales and market shares of 71 brands of comfort, fashion and outdoor casual shoes in 2005, indicates that the total “brown shoe market” grew last year by 10.0 percent ...
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Mixed Performance For Brown Shoes In 2005 As The Athletic Mega-brands Respond
The “rugged outdoor footwear” market grew by 12.5 percent in 2005 to $2.46 billion at wholesale, according to our annual research into the branded brown shoe market, made in cooperation with SGI America and with our sister publication, Shoe Intelligence. While Timberland continued to lead the category, the growth was ...
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Street Shoes And Clothing Save Montebelluna’S Sports Industry
The production of sports apparel and footwear by the companies located in the Montebelluna region of Italy increased last year by 1 percent in value and by 4.9 percent in volume, according to the annual OSEM report released a few weeks ago. The data include the production outsourced abroad by ...
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Eu Threatens Legal Challenges If Antidumping Proposal Is Not Accepted
The governments of the 25 member countries of the European Union were given last week one last chance to support the same proposal on anti-dumping measures against Chinese and Vietnamese leather shoes that they had rejected by a thin majority at the beginning of August. If there is no simple ...
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Go Sport Cuts Down Its Losses And Outperforms The French Market
In reporting its results for the 1st half of 2006, ended June 30, the French sporting goods retailing group pointed out that its net losses have been narrowed to €8.5 million, as compared to €9.3 million in the 2005 period. After a brilliant month of July in its stores and ...
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Stiga Widens The Scope Of Its Business
Sweden Table Tennis AB, the Swedish company behind the Stiga table tennis brand, has changed its name after acquiring the Stiga games business and the rights to the brand for the entire sports category. Under the new name of Stiga Sports, the enlarged company will have an annual turnover of ...
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Adidas Takes Full Control In Korea
Adidas has taken over full control of its operations in South Korea by buying out the 49 percent stake owned by its partner Hyun Woo Kim in their joint venture, which was already controlled at 51 percent by Adidas. Finalized last week, the move enables Adidas to tighten its grip ...
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Adidas Settles With German Players
Adidas has caved in to the demands of German football players who threatened to revolt unless they were given the right to choose their own footwear when playing for the national side. In exchange, Adidas has obtained an extension of its deal with the German football federation (DFB) until 2014. ...
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England Team Jerseys Boost Umbro’S Revenues, But Not Its Gross Margin
The World Cup drove Umbro’s revenues to an increase of 42.2 percent to £249.3 million (€366.6m-$468.9m) in its 1st half, ended July 2. However the gross margin dropped by 130 basis points to 54.4 percent due to retail consolidation in the UK and because the company’s England team jerseys, which ...
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Vf Promotes Salzburger, Forms Joint Venture In India
VF Corp. has expanded the responsibilities of Karl Heinz Salzburger, the Italian executive who has been in charge of its growing Outdoor Coalition outside the Americas since 2001, to include responsibility in the same territories for its large jeanswear business, consisting of important brands such as Lee, Wrangler or HIS. ...
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Improving Fenix Outdoor Gets Out Of The Norwegian Retail Market
Combining its wholesale and retail sales, the Swedish outdoor company raised its total net revenues by 15 percent to 368.6 million kroner (€39.5m-$50.5m) in the 1st half ended June 30, generating a 14 percent better net profit of 28.8 million SEK (€3.1m-$4.0m), as compared to the same period a year ...
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Fjällräven Banks On Fabrics And Trousers
Martin Axelhed, the 30-year-old executive who took over the helm for the Fjällräven brand from Ake Nordin last January, has mapped out investments in a number of areas for the next years. Stretching until 2010, the plan will be unveiled over the next few weeks to the staff of the ...
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Bergans Is Challenging Helly Hansen’S Leadership In Norway’S Outdoor Market
Bergans Fritid, the Norwegian firm which claims to have invented the rucksack back in 1908, saw its sales grow by 33 percent in 2005 to a record level of 211 million Norwegian kroner (€26.7m-$32.3m), not including a licensing contract in the USA, and after an exceptionally good first half of ...
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Li-ning Is Eager To Grow Outside Of China
There is evidently a potential for a stronger role by this Chinese brand outside its big home country, considering especially its success on the Norwegian market through a recently new distributor, Fair Deal. By backing the Li-Ning brand with TV and radio advertising and by offering goods margins, it managed ...
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Asian Outdoor Fair Had Mixed Results
A total of 6,743 registered trade visitors attended Asia OutDoor, the new Chinese trade show organized by Messe Friedrichshafen in Nanjing on Aug. 23-26. The show started off with an ominous thunderstorm, and the attendance level was lower than the 10,000 visitors anticipated by the organizers, with 86 percent of ...
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The Athlete’S Foot Is Sold Again
The international U.S.-based franchisor of athletic footwear stores is being acquired by Aether Holdings, which will change its name to NexCen Brands Inc. to mark a switch in focus from mortgage-based securities to the acquisition of intellectual properties. The purchase marks the third time that The Athlete’s Foot (TAF) has ...
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Foot Locker Boosts “Fusion” Product Mix To Remedy Europe, Revises Guidance
Fusion footwear – a phrase commonly used now to define low-profile sports-inspired lifestyle footwear - has come to represent 40 percent of the total product mix in Foot Locker’s European outlets, as compared to 15 percent last year. The American retail chain wants to push the European ratio further up ...
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Twinner Will Purchase Together With Intersport In France
SED, the battered French buying group whose retail members trade under the Twinner, Techniciens du Sport and Véloland banners, has signed an agreement in principle to pool its purchasing operations with those of Intersport France. It is not yet sure who is going to handle the group’s centralized invoicing and ...
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New Problems Beset Karstadt
Karstadt-Quelle has fired managers of four of its 32 Karstadt Sport superstores, charging that they had arranged excess prices and bribes with certain suppliers for products not sourced through the central buying apparatus of Karstadt Sport for the sporting goods sections of their stores. The managers, who work at the ...
