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ArticlePeloton posts strongest quarter in year, but work remains
Peloton Interactive continues to make progress in its turnaround under CEO Barry McCarthy but must achieve numerous objectives in the year ahead if it wants to stay the course.
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Red soles and a red light for Amazon in European Court of Justice proceedings
A new ECJ judgment has made it easier for brands to protect their IP rights on ecommerce platforms. Experts are calling it a “landmark” case
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Italy’s sporting goods industry is worth €13 billion
According to a recent study by Assosport, Italy’s sporting goods industry is worth €13 billion, a 15 percent increase from 2020. Growth has been driven by the resuming of activities after Covid-19, combined with the pandemic itself, which has, in fact, pushed many consumers to outdoor as well as at-home ...
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A Dive into the unknown. The metaverse, NFTs and legal perspectives
The technology may be new, but it’s never too early to start thinking about protecting your brand in the metaverse. Our expert weighs in.
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The twin forces of pro pádel meet
The two professional circuits in the sport of pádel, Premier Padel and the World Padel Tour (WPT), are discussing joint operations in the future.
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Intersport Germany pursues growth plans after record year
Intersport Germany has posted record sales of €3.31 billion for the fiscal year 2021/2022, the highest figure in the company’s history. Sounds familiar? Precisely the same result was reported a few days ago by competitor Sport 2000. Intersport Germany emerged from the 2021/2022 fiscal year, which ended on Sept. 30, ...
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Foot Locker plans to wind down Sidestep retail brand
Nine-and-a-half years after acquiring the sports fashion footwear chain as part of its deal for the Recklinghausen, Germany-based Runners Point Group, Foot Locker has decided to shutter Sidestep’s operation that currently consists of several dozen stores across Germany, Austria, the Netherlands, and Switzerland. In February 2019, Foot Locker operated 80 ...
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Swedish sports retail down 7.5 percent in Q4, index now with racquet sports
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
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TaylorMade invests in Tiger Woods’ golf experience concept
TaylorMade Golf Company has made a “material investment” in PopStroke, an innovative U.S.-based putting and casual dining concept that combines a technologically advanced, competitive golf environment with food and beverage. With the recently announced partnership, TaylorMade joins an ownership team that includes Tiger Woods in addition to PopStroke Entertainment Group. ...
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Int'l Cricket Council tops social media ranking among sports federations
BCW Sports has released its “2022 International Sports Federations Social Media Ranking,” published annually since 2016.
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SIA and SIMA announce new partnership for sustainability and climate action
Snowsports Industries America (SIA), the trade association for the U.S. winter outdoor industry, and the Surf Industry Members Association (SIMA), the official trade association for the surf industry, have announced a partnership on sustainability and climate action in the action sports industry. The upcoming Snow and Surf Industry Sustainability Sessions ...
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Sport 2000 reports another record year
Sport 2000 reports it has continued its growth trajectory of recent years, ending 2022 with earnings that surpass the historic 2021 record.
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CEOs fear a global decline in short and medium term, survey says
Nearly 75 percent of global CEOs believe they will witness declining growth during the year ahead, while 39 percent think that their company will no longer be economically viable a decade from now if it continues on its current path, according to the “PwC 26th Annual Global CEO Survey: Winning ...
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Nike’s former partner in Russia opens new sporting goods chain
Inventive Retail Group (IRG) has opened the first five stores of its new Hiker outdoor and sporting goods retail chain in Russia. IRG is the country’s largest retail group, specializing in developing stores of leading Western companies in Russia, including Apple, Samsung, Lego and Nike. Hiker’s assortment consists of several ...
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Todd Klein named president of Fila USA
Former Adidas and Reebok executive Todd Klein is the new president of Fila USA, replacing Jennifer Estabrook, who took the job in 2019 following the sudden death of Jon Epstein.
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“Clouds are gathering on the horizon” – WFSGI and McKinsey release 2023 report
“Clouds are gathering on the horizon for the global sporting goods industry,” says the Sporting Goods 2023 report released on Jan. 23, 2023.
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Can fashion weeks replace trade shows?
Fashion Weeks are just around the corner. Could they replace trade shows as the most important dates in the industry? We take a closer look.
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StockX broke records in 2022, reveals most traded and fastest growing brands
In a new report, Detroit-based resale platform StockX details the top-traded and fastest-growing brands on its platform over the last year. StockX’s annual report – Big Facts: Current Culture Index 2023 – notes that the company surpassed 1.5 million lifetime sellers, 12 million lifetime buyers and 40 ...
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Gorpcore: The trend that could be bigger than athleisure
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
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Anta Sports shuffles roles and responsibilities, Ding Shizhong hands over CEO role
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
