Archive for the ‘Sporting goods’ Category

18 Feb 2021
News

Rossignol Group divests Time Sport frame and bicycle business

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After its failed deal to sell Time Sport last year, Rossignol Group has finalised the divestment of the brand’s frame and bicycle business to Cardinal Cycling Group, a U.S. entity run by seasoned specialists. The partners in Cardinal include...

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4 Feb 2021
News

Arne Arens taking over as Boardriders chief

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Arne Arens, who has played an instrumental part in The North Face’s expansion in the last years, has been appointed to take over as chief executive at Boardriders. The U.S. company behind the Quiksilver, Billabong and DC brands, among others,...

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JD Sports buying another U.S. sneaker retailer, raising funds

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JD Sports Fashion moved ahead with a share placing that raised £464.2 million this week, after the British sports fashion retailer struck a conditional agreement to pay $495 million in cash for DTLR Vila, a U.S. sneaker retailer with 247...

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31 Jan 2021
News

ISPO Munich online capitalises on investments in digital tools

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About 10,000 business visitors are anticipated to take part in the inaugural all-digital ISPO Munich this week, capitalising on investment in digital tools. More than 500 exhibitors have registered for the event, from Monday, February 1 to...

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20 Jan 2021
News

Padelmania grips more European markets

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If you want to play a game of padel in Stockholm, it could take a couple of weeks to get a slot. Sweden is one of the European markets that have driven the sudden expansion of padel, a convivial and accessible racquet sport played in two pairs....

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20 Jan 2021
News

White leaving Salomon, Pambet returns for interim leadership

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Jean-Marc Pambet has agreed to return to Salomon’s leadership on an interim basis, due to the somewhat abrupt departure of Michael White, after just one year at the helm of the French outdoor and winter sports brand. After more than three...

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20 Jan 2021
News

VF shifts Asian operations to Shanghai and Singapore

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VF Corporation is transferring its Asia Pacific operations from Hong Kong to Shanghai and Singapore, to take stronger advantage of growing markets in China and South-East Asia. VF said that it was launching a “transformation plan” for its...

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7 Jan 2021

Reebok draws diverse interest, ABG confirms attraction

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From Percy Miller to Shaquille O’Neal, the Adidas Group’s move to evaluate a Reebok sale has drawn interest from a diverse cast of potential buyers. The Adidas Group confirmed last month that it was considering options for Reebok, including a...

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6 Jan 2021
News

Mizuno reshaping European business

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Mizuno is targeting sales of 27 billion yen ($261.6m) in Europe by 2025, as it should benefit from the setting-up of a more centralised European organisation. The target compares with a turnover of ¥15.2 billion for Mizuno in Europe, the Middle...

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Sporting goods and outdoor stocks outperform

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A sharp rise in Nike’s share price has driven the outperformance of sporting goods and outdoor stocks last year, along with the surging value of several fitness and outdoor companies. Analysis of 50 leading stocks in the global sports, outdoor...

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