21/06/2013 1 21/06/2013 2 Company 21/06/2013 3 Caerano San Marco, 21 giugno 2013 Contents Company Structure Product Mission 21/06/2013 4 Company 1) The history • Gitex S.r.l. was born in 1992 and in 2001 had made a merger with Green Point Ltd and therefore Gitexpoint Srl was born. These two companies have a long experience in the sporting goods market. • The passion for the world of sport has always characterized the company that has grown to gain leadership in the distribution of major sports brands, where quality, image, specialization, technology and price are combined to be within the reach of all. • Known for the great quality and timeliness of the service, thanks to the solid knowledge of the market and the daily commitment and professionalism of staff and specialist retailers, the most demanding sports have always been satisfied with the offer of a wide range of articles for those who practice sport, winter or summer, indoor or outdoor. 21/06/2013 5 Company • The company philosophy is to offer a brand for every need, where the sport is understood as outdoor life, not necessarily competition, but free time to devote to themselves and to recharge the energy spent. • The company's success is closely related to footwear and sports district of Montebelluna that can, with good reason, be considered one of the largest districts in the world of sportswear to high-tech. • In the years have changed certain products (bicycle industry, footwear), while others still continue to accompany the activity of Gitexpoint Srl (golf, basketball, skiing). • The company has its headquarters in Caerano San Marco (TV), with offices and showrooms covering an area of about 800 square meters and a warehouse of over 3,000 square meters, on which has been recently installed a photovoltaic system of 99 kW for meet its 21/06/2013 6 electricity needs. PRODUCTS GitexPoint S.r.l. has got 4 commercial souls: 1 3 New ownership: “SPYKE” Motorbike Clothing production and distribution GITEXPOINT SRL Own Brand “TRILOXY” Technica Clothing production and distribution PRODUCTS: 2 Own Brand “HYRA” Skiwear production and distribution 21/06/2013 4 Sport Brands exclusive distribution for Italy 7 A ) “SPYKE” product Spyke is the latest brand joined the Gitexpoint Srl. It is currently run business rental. The brand is well known in the world market for the production of specialized clothing for motorcycling, because the distribution is, in fact, in all countries where competitions are held motorcycling. Throughout the design, development, construction of prototypes, samples and fitting are made in Italy, while, for obvious economic necessity, are produced in the Far East. The catalog highlights the variety of products, for a motorcyclist very demanding and quality-conscious, dressing it in a quality way , including the technical underwear, and always with an excellent value for money. 21/06/2013 8 b) “HYRA” product "Hyra" is the trademark which Gitexpoint Srl acquired in 2010, styling and design are maintained and followed directly by the company (both internally and externally, but always in Italy), while production - carefully monitored and controlled by Italian staff of confidence - is concentrated in the Far East. The brand is linked ski clothing of quality, but aimed at a segment of the market average, is a product aimed primarily at the specialist shop and not to the large-scale distribution The catalog on the one hand is limited in the type of product (almost exclusively jackets and ski pants), but on the other hand the variety of patterns and colors is particularly marked. 21/06/2013 9 c) “Triloxy” product "Triloxy" is another trademark of Gitexpoint Srl. 100% Made in Italy. It is a range of products that keeps the body temperature constant and sensibly reduces the effects of thermic changes. The special mix of Skin Fusion, Skin life, Silver fiber and hollow fiber grants the following features: high comfort and well-being, odour control and antibacterial effect, radiating and reflecting, anty-humidity effect, durable, easy to clean. All products: shirts, pants, socks are studied to be worn in different situation: sport activities, free time, normal life and in every occasion. You can combine special exclusive Triloxy active treatments with Triloxy garments to improve your performance. 21/06/2013 10 d) Distribution for Italy The company currently distributes an exclusive license for Italy as many as 9 sports brands of international importance. Among the major brands, both in terms of turnover, both in terms of reputation, include: 21/06/2013 11 Spyder Nike golf Zamst Everlast (fitness/boxing equipment) 21/06/2013 12 3 – Distribution Structure Employees : 20 Sales Force : network of 12 agents throughout the Italian territory. Customers : nr 600 indipendent customers of medium / High level On line sales No GDO (Intersport , Cisalfa, Sport Alliance, Decathlon, Auchan) Distribution : we have about 40 distributors in several european countries, as well as Usa, Canada, Libano, Australia, ecc. 21/06/2013 13 Potential geographical coverage Our distribution covers 100% of the Italian territory. For Trademarks property (HYRA, TRILOXY and SPYKE) the potential is very broad and ambitious We hope to have, within the next 2 years 40 distributors for the Hyra brand as well as for SPYKE, thanks to the presence in major trade fairs. For the brand SPYKE our commitment is primarily aimed towards the good growth markets (Russia and Brazil), Emerging countries (Australia) and to the large U.S. market. 21/06/2013 14 1 New ownership: “SPYKE” Motorbike Clothing production and distribution GITEXPOINT SRL PRODUCTS: 21/06/2013 15 BACKGROUND AND FUTURE 21/06/2013 16 - Starting business in 1979 with Fulvio Bizzotto, producing labelled and OEM cross and off-road apparel - Starting to engeneer leather racing suits to support top riders in 1988 - In 1996 Spyke becomes one of the major manufacturers of leather suits and jackets 21/06/2013 17 -Since 1997 top-riders wearing Spyke leathers achieve top positions and win world championships in the major categories -Year 2000: Spyke is recognized as one of the leading Italian brands for motorcycle technical apparel 21/06/2013 18 -October 2012: the company changes to a new OWNERSHIP and enters into the Group of Companies of GITEXPOINT Srl -Since January 2013: The company undergoes a deep restructuring by creating a new team in Product-Design, Logistics and Sales. Phase “2” of the NEW Spyke beginns. 21/06/2013 19 NEW ERA – NEW LOGO OLD LOGO 21/06/2013 NEW LOGO 20 WHAT IS SPYKE? SPYKE is an ITALIAN BRAND specialized in the production of garments for bikers SPYKE is the BRAND that conveys passion to design and create technical clothing that can enhance the look and performance of the bikers! SPYKE’S MISSION is to be constantly evolving each collection by creating technical and innovative products at the best possible price. SPYKE has a PHILOSOPHY of brand to create a sort of “motorscene” where there are no worries but just fun and safe riding! 21/06/2013 21 MOTORCYCLE APPAREL MARKET: MARKET POSITIONING There are 3 big areas concerning the motorcycle apparel market: RACING TOURING/OFF ROAD URBAN RACING: TOURING /OFF ROAD: URBAN: ALPINESTARS DAINESE AXO SPIDI IXON DAINESE REV’IT BMW IXS SPIDI CLOVER HELD SPYKE OJ SCOTT MACNA TUCANO OJ SPIDI DAINESE BLAUER 21/06/2013 SPYKE 22 RACING PHILOSOPHY 21/06/2013 23 21/06/2013 24 21/06/2013 25 RACING WORLD • Professional riders • Supersport & Sport riders closely bounded to their passion and looking to quality, design, safety, comfort • Keywords: Performance, Protection, Competition 21/06/2013 26 21/06/2013 27 21/06/2013 28 21/06/2013 29 TOURING/ON-OFF WORLD • travellers, tourists, free spirits, seeking an ‘on the road’ life-style • Ride in couple, alone, in groups • Driven by passion, by desire of moving on 2wheels • Keywords: Comfort, Waterproofness, Breathability, Safety, Product Technology (real features) 21/06/2013 30 21/06/2013 31 21/06/2013 32 URBAN WORLD • Men and women • 18 to 65 years old • Frequent or daily use of the motorcycle • Modern, on the go, up-to-date • Keywords: Fashion, Weather resistent, Safety, Fit, Brand Values 21/06/2013 33 NEW LINE SPYKE THE ORIGINAL BIKERS JEANS ALL MADE IN ITALY 21/06/2013 34 Market positioning? 21/06/2013 35 MARKET POSITIONING As far as concern the prices, we have 3 big areas: HIGH SEGMENT MEDIUM SEGMENT LOW SEGMENT DAINESE; BMW HIGH CLOVER; SPIDI ALPINESTARS; IXS; SCOTT MEDIUM MACNA; HELD; SPYKE REV’IT; AXO OJ; LOW SMOOK; A-PRO 21/06/2013 VERTICAL DIVISION 36 POSITIONING VS COMPETITORS WHERE WE ARE! MARKET POSITIONING High Price SPIDI ALPINESTARST BMW DAINESE CLOVER SCOTT Technical Poor product IXON SMOOK HELD AXO SPYKE REV’IT OJ A-PRO Low Price 21/06/2013 37 POSITIONING VS COMPETITORS WHERE WE WANT TO GO! MARKET POSITIONING High Price SPIDI ALPINESTARST BMW DAINESE CLOVER SCOTT SPYKE Poor product IXON SMOOK HELD AXO SPYKE Technical REV’IT OJ A-PRO Low Price Note: Aggressive in terms of price but with an high segment product. 21/06/2013 38 POSITIONING Technical and quality product Our bet!!! Medium range price 21/06/2013 39 Luca Bono Since 2006 I have been the person in charge of: 1. Sport’s management 2. Marketing and communication 3. Clothing development and testing 21/06/2013 40 1. Spyke sport’s management 1. 2. 3. 4. 21/06/2013 Budget review (adv, events, riders) Riders’ selection Legal agreements with Team & Riders Moto GP and WSBK racing service on track 41 1. Moto Gp & WSBK Racing Service We are developing new technical solutions with our Moto gp riders 21/06/2013 42 Spyke Riders 2013 Michel Fabrizio (WSBK) Fabien Foret (WSS) Michele Pirro (Moto Gp) Ayrton Badovini (WSBK) 21/06/2013 43 2. Marketing and communication 1. Italian press PR and agreements 2. Advertising agreements and campaign 3. Providing the testers with technical material 21/06/2013 44 2. Marketing and communication Magazines 21/06/2013 45 2. Marketing and communication Testers 21/06/2013 46 2. Marketing and communication Tester of Motociclismo (2006-2013) Moto gp 21/06/2013 SBK-SS Naked Off-Road 47 3. Development and testing of Spyke clothing 1. 2. 3. 4. Racing material (leather suits, gloves, protection) Touring material (jacket,gloves, pants..) Urban material (jacket,gloves, pants..) Off-road material (jacket,gloves, pants..) 21/06/2013 48 3. Development and testing of Spyke clothing We test all our materials hard (on track) 21/06/2013 49 3. Development and testing of Spyke clothing We test all our materials hard (urban and touring) 21/06/2013 50 3. Development and testing of Spyke clothing We test all our materials hard (off road with F. Picco, Dakar 2013 21/06/2013 51 3. Development and testing of Spyke clothing Motorbike Tour Leader (2000-2010) Tours and experience with more than 500 people Nord Kapp (cold) 21/06/2013 USA (hot) Off-road (wet) 52