All Article articles – Page 101
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ArticleWorld Athletics publishes study of online abuse
World Athletics, the worldwide governing body for track and field, has published a second Online Abuse Study. The first was conducted during the Tokyo Olympics (in 2020), focused on Twitter, and inspired World Athletics to adopt what it calls a safeguarding policy in November 2021. The body revised the policy ...
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ArticleThe crisis is shaping supply on the Russian sporting goods market
Western brands are increasingly withdrawing from the Russian market, while local brands are reportedly expanding their presence. Helly Hansen joins a long list of Western companies that have severed ties with the Russian market by selling its business to top local managers. Russian newspaper Vedomosti believes the value of the ...
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ArticleSportmaster unfolds plans to expand the range of Chinese sporting brands
Russia’s largest sporting goods retailer is looking for alternative suppliers to replace Western brands that have withdrawn from the Russian market. Urban Vibes, a chain owned by Sportmaster, plans to start importing a number of Chinese brands, including Li-Ning and 361, Russian newspaper Kommersant reported, citing sources close to the ...
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ArticleThe latest figures of Italian football
The Italian Football Federation (FIGC) has released its Integrated Report 2021, which provides the main figures of the sport in terms of social, economic and fiscal impact. Around 4.6 million people play football in the country, of which 1.4 are also FIGC-registered players. The game is extremely popular among adolescents, ...
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ArticleRendle steps down as CEO, VF revises FY23 outlook
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
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ArticleCurrency, inflation weigh on Zumiez results
Zumiez, the global specialty retailer, which sees Europe, Australia, and Canada as its biggest growth areas, suffered a 74 percent drop in operating income to $10.4 million from $39.8 million for the second quarter that ended Oct. 29. Ebit was $9.6 million versus $41.2 million in the year-ago period as ...
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ArticleFoot Locker continues to restructure its management
With Mary Dillion recently having taken over as CEO, Foot Locker, Inc. has appointed a new EVP/CCO from within its ranks and hired a new COO to help grow the company and improve operational efficiencies. The New York-based sports retailer also announced, among a few other executive changes, that their ...
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ArticleISPO Munich 2022: Here to stay – and to learn as well
With so much to be said about ISPO and the industry, we’ve gathered some of the comments which capture the mood of ISPO Munich 2022.
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ArticleWoolmark announces winners of the Performance Challenge Award 2022
At ISPO Munich 2022, The Woolmark Company and Salomon announced the winners, as well as the ten most innovative finalist concepts, for the 2022 Woolmark Performance Challenge, a well-known innovation and ideas program for the sports and performance market. This year’s theme was long-distance mountain running. Students were asked ...
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ArticleWSFGI elects new board of directors
The World Federation of the Sporting Goods Industry (WFSGI) has elected a new Board of Directors for a three-year term at its General Assembly on Nov. 29, 2022, at ISPO Munich. Andy Rubin, deputy chair Pentland Group Ltd., has been elected the new chair of the board of the WFSGI. ...
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ArticleConsumer sentiment in Europe improves
Consumer sentiment improved slightly in Germany, France and Italy, the three main economies of the European Union, but consumers remain cautious in a challenging economic environment. In December, German consumer sentiment is expected to rise by 1.7 points to -40.2 points from -41.9 points in November, according to the market ...
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ArticleOur comprehensive guide to circular business is out now
The circular economy: One of our industry’s most pressing economic, legal, and ethical issues. Our special edition is your in-depth guide.
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ArticleTextile waste handling: the invisible part of global circular supply chains
It’s no secret that waste represents a huge problem in the apparel industry, but what if we think of this instead as an untapped resource?
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ArticleCircular economy in the textile industry in pictures
The principles of the circular economy in textile production are counter to the current linear “take-make-waste” process in the textile industry; exploiting resources for manufacture, finite product life, and one which ends with disposal. The circular economy differentiates between two types of circular loops: Biological and technical. In the textile ...
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ArticleEDM Expert Talk at ISPO Munich 2022
Join us for our expert talk at this year’s ISPO, where we’ll be discussing the future of the circular economy, along with some special guests.
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ArticleWorld Cup 2022: FIFA expects $6.4bn record revenues
During the month-long 2022 World Cup, the eight kit sponsors want the game to take center stage. FIFA’s decisions could derail that plan.
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ArticleFoot Locker raises FY outlook, decides to exit some geographies
Citing better-than-expected third-quarter results, plans to further realign its brand portfolio and a strategy to move to 300 non-mall locations by 2024, Foot Locker today raised its full-year outlook. The retailer, which has decided to abandon a fourth quarter entry into Japan and exit joint ventures in Benelux and Eastern ...
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ArticleAlibaba’s operating income increases 68%
Alibaba experienced a 3 percent jump in revenues to 207.2 billion yuan renminbi (€28.1bn) from RMB 200.7 billion for the period ended Sept. 30. The increase occurred despite the Covid-19 resurgence in China that depressed consumer demand, currency volatility, higher logistics costs and slowing cross-border commerce. China sales fell by ...
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ArticleRossignol Group plans significantly more revenue, new ESG commitments, novel four-season approach
Source: Rossignol Group Vincent Wauters Under the leadership of Vincent Wauters, president and CEO, who took over the reins of the group in February 2021, the Rossignol Group has announced a new strategic plan called Ascension 2026, according to which the group aims to achieve sales of ...