Performance apparel markets: business update, 2nd quarter 2009
ANTI-COUNTERFEITING
Authorities in Thailand have seized more than 4,700 counterfeit Columbia Sportswear products
COMPANY REORGANISATION AND RESTRUCTURING
Adidas will speed up the implementation of its restructuring programme following a 97% decline in net income during the first quarter of 2009
Nike has announced plans to reorganise its brand into a new model consisting of six geographical regions
Nike is planning to reduce its workforce by about 5%
EVENTS
The Industrial Fabrics Association International (IFAI) Advanced Textiles 2009 conference provided a successful networking platform for 100 attendees
FINANCIAL RESULTS
Adidas
Outlook
Columbia Sportswear
Nike
Fourth quarter 2008/09
2008/09
Future orders
Perry Ellis International
Outlook
Puma
Quiksilver
Outlook
Timberland
Under Armour
Unifi
VF Corporation
INVESTMENT
Invista has invested US$500 mn in correcting environmental violations at 12 of its facilities which were formerly owned by DuPont
JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION AGREEMENTS
Adidas is planning to increase its share of the football market in 2010
Asics and Advansa have entered into a partnership to develop a new high performance apparel collection for running
Firestop Chemicals and BR Impex have entered into an agreement relating to the distribution of
Firestop's flame retardant textile products in India
Lee Cooper and Sports Direct have signed a licensing agreement covering the Lee Cooper Sport collection
NanoHorizons has entered into an agreement with Widetech concerning the distribution of SmartSilver antimicrobial additives in Taiwan
Rocky Brands and Garlands have signed a distribution agreement in the UK
TenCate Defense & Tactical has received a US$13 mn order from Propper International for its Defender M Fabric
LEGAL ISSUES
Sportsfuzion has filed a lawsuit against Nike and the National Basketball Association (NBA) Naismith
Memorial Basketball Hall of Fame relating to a new line of Michael Jordan products
MARKETS
Global sales of sports equipment, apparel and footwear remained at US$284 bn in 2008
MERGERS AND ACQUISITIONS
Delta Galil has acquired Gibor Sport Activewear
JD Sports Fashion has acquired Chausport
LaCrosse Footwear has completed the acquisition of Environmentally Neutral Design Outdoor (END)
NEW STORES
Adidas has launched its first Originals retail store in Saudi Arabia
Berghaus and Symphony Resources have opened the first Berghaus flagship store in China
RESEARCH AND DEVELOPMENT (R&D) FACILITIES
The Institute of Environmental and Human Health (TIEHH) at Texas Tech University has opened a new laboratory to help researchers to develop protective fabrics
TRADEMARK INFRINGEMENT
Adidas has filed a trademark infringement lawsuit against Payless ShoeSource
Authorities in Thailand have seized more than 4,700 counterfeit Columbia Sportswear products
COMPANY REORGANISATION AND RESTRUCTURING
Adidas will speed up the implementation of its restructuring programme following a 97% decline in net income during the first quarter of 2009
Nike has announced plans to reorganise its brand into a new model consisting of six geographical regions
Nike is planning to reduce its workforce by about 5%
EVENTS
The Industrial Fabrics Association International (IFAI) Advanced Textiles 2009 conference provided a successful networking platform for 100 attendees
FINANCIAL RESULTS
Adidas
Outlook
Columbia Sportswear
Nike
Fourth quarter 2008/09
2008/09
Future orders
Perry Ellis International
Outlook
Puma
Quiksilver
Outlook
Timberland
Under Armour
Unifi
VF Corporation
INVESTMENT
Invista has invested US$500 mn in correcting environmental violations at 12 of its facilities which were formerly owned by DuPont
JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION AGREEMENTS
Adidas is planning to increase its share of the football market in 2010
Asics and Advansa have entered into a partnership to develop a new high performance apparel collection for running
Firestop Chemicals and BR Impex have entered into an agreement relating to the distribution of
Firestop's flame retardant textile products in India
Lee Cooper and Sports Direct have signed a licensing agreement covering the Lee Cooper Sport collection
NanoHorizons has entered into an agreement with Widetech concerning the distribution of SmartSilver antimicrobial additives in Taiwan
Rocky Brands and Garlands have signed a distribution agreement in the UK
TenCate Defense & Tactical has received a US$13 mn order from Propper International for its Defender M Fabric
LEGAL ISSUES
Sportsfuzion has filed a lawsuit against Nike and the National Basketball Association (NBA) Naismith
Memorial Basketball Hall of Fame relating to a new line of Michael Jordan products
MARKETS
Global sales of sports equipment, apparel and footwear remained at US$284 bn in 2008
MERGERS AND ACQUISITIONS
Delta Galil has acquired Gibor Sport Activewear
JD Sports Fashion has acquired Chausport
LaCrosse Footwear has completed the acquisition of Environmentally Neutral Design Outdoor (END)
NEW STORES
Adidas has launched its first Originals retail store in Saudi Arabia
Berghaus and Symphony Resources have opened the first Berghaus flagship store in China
RESEARCH AND DEVELOPMENT (R&D) FACILITIES
The Institute of Environmental and Human Health (TIEHH) at Texas Tech University has opened a new laboratory to help researchers to develop protective fabrics
TRADEMARK INFRINGEMENT
Adidas has filed a trademark infringement lawsuit against Payless ShoeSource
LIST OF TABLES
Table 1: Adidas: breakdown of revenues by brand, 1 qtr 2008 and 1 qtr 2009
Table 2: Adidas: breakdown of revenues by region, 1 qtr 2008 and 1 qtr 2009
Table 3: Nike: revenues by geographical region, 4 qtr 2007/08 and 4 qtr 2008/09
Table 4: Nike: revenues by geographical region, 2007/08 and 2008/09
Table 5: Timberland: revenues by product category, 1 qtr 2008 and 1 qtr 2009
Table 6: Timberland: revenues by geographical region, 1 qtr 2008 and 1 qtr 2009
Table 7: Under Armour: revenues by product category, 1 qtr 2008 and 1 qtr 2009
Table 1: Adidas: breakdown of revenues by brand, 1 qtr 2008 and 1 qtr 2009
Table 2: Adidas: breakdown of revenues by region, 1 qtr 2008 and 1 qtr 2009
Table 3: Nike: revenues by geographical region, 4 qtr 2007/08 and 4 qtr 2008/09
Table 4: Nike: revenues by geographical region, 2007/08 and 2008/09
Table 5: Timberland: revenues by product category, 1 qtr 2008 and 1 qtr 2009
Table 6: Timberland: revenues by geographical region, 1 qtr 2008 and 1 qtr 2009
Table 7: Under Armour: revenues by product category, 1 qtr 2008 and 1 qtr 2009
