All Article articles – Page 18
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ArticleIntersport Voswinkel invests in growth, opens 50th store
German retailer Intersport Voswinkel is celebrating its 50th location with the opening of its new 1,100-sqm sports store in Hanau, underlining its growth course, with more Voswinkel stores to follow. Source: Intersport Intersport Voswinkel Hanau Source: Intersport Marcus Neul “We want to continue to ...
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ArticleUYN opens AREAS research center in Italy
The Italian technical sportswear brand UYN (Unleash Your Nature) unveiled its new research and development lab on Oct. 5 in Asola, Italy. AREAS is a 3,500-sqm, two-story building immediately adjacent to the headquarters of Trerè Innovation, the company behind the UYN brand. The modern building houses the new research and ...
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ArticlePentland Brands restructures product and marketing management
Pentland Brands announced that within its product & marketing management, Simon Breckon has been named Senior Vice President for Speedo, Jack Richardson Senior Vice President for Ellesse, Kickers and Mitre, and Luke Doddrell Senior Vice President for Canterbury. Source: Pentland Brands Simon Breckon, Jack Richardson and Mitre, and ...
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ArticleMVC Group acquires 70% of Zoot
MVC, the Italian group behind the cycling and outdoor brands Sportful, Castelli and Karpos, has acquired 70 percent of the U.S.-based triathlon specialist Zoot. Zoot was founded in 1983 in Kona, Hawaii, and has been headquartered in San Diego, California, since 2003, with a factory in the Philippines. It is ...
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ArticleThe new EU GPSR: Be on guard and proactive
Our legal expert answers some of the questions brands, retailers, and distributors may have about the GPSR and how you as a business can prepare.
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ArticleSports sunglasses market to grow at a CAGR of 7.3% by 2027
The sports sunglasses market is projected to grow at a compound annual growth rate (CAGR) of 7.3 percent from 2022 to 2027 and to post a 6.8 percent year-over-year growth rate in 2023, according to a recent 156-page report by research firm Technavio. Market growth is driven by the rising ...
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ArticleOn announces ambitious 3-year outlook
At its investor day at On Labs in Zurich, Swiss sportswear brand On announced its financial targets for the next three years (FY 2026) and outlined the strategic building blocks to support its next phase of growth. Following On’s track record of strong growth and increasing profitability, the company intends ...
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ArticleCarbios inaugurates textile recycling facility in France
Green biotech company Carbios inaugurated its new textile preparation plant, a major innovation in polyester recycling, at the company’s demonstration facility in Clermont-Ferrand, France, on Oct. 2, 2023, in the presence of French Industry Minister Roland Lescure. To optimize the preparation of textiles for recycling, Carbios has developed a fully ...
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ArticlePuma ambassadors celebrate 75 years of sports history
Puma and some of its world-class ambassadors gathered at the company’s headquarters in Herzogenaurach, Germany, to share some of their most memorable moments in sports history over the past 75 years and celebrate the company’s anniversary. “I think along all these 75 years, one thing which has not changed at ...
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ArticleSigna Sports to delist from NYSE, new CEO in Q1/2024
After assuming in June that the worst of the market disruptions were over, Signa Sports United N.V. (SSU), the Berlin-based sports e-commerce specialist, has now announced an acceleration of its strategic realignment and performance improvement program. Ahead of putting its Q3 numbers on the table, the company is talking ...
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ArticleHoudini expands circularity platform, launches “Houdini Circle”
Swedish sportswear company and sustainability pioneer Houdini has expanded its circularity platform and opened “Houdini Circle,” the first retail concept of its kind, in Stockholm.
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ArticleWFSGI / McKinsey
Sporting Goods Industry SurveySGI Europe would like to invite you to participate in this year’s WFSGI / McKinsey Sporting Goods Industry Survey.
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ArticleNew report on labor rights in Pakistan exposes exploitation of garment workers
A new report released by garment worker solidarity group and non-profit Labour Behind the Label, has exposed the increasing exploitation of garment workers in Pakistan. The document reveals details of how factories used by some of the world’s biggest fashion and sporting goods brands are routinely violating minimum wage requirements, ...
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ArticleNike says it’s “turning the corner” toward greater profitability
Market chatter about Nike’s 9 percent stock price decline over the last month, recent high inventory levels, and 23 percent drop in market value this year had the bears out in force ahead of the company’s Q1 results yesterday. But Nike reported earnings results ahead of expectations and its senior ...
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ArticleLululemon and Peloton strike fitness content and apparel deal
Lululemon and Peloton have announced a five-year strategic global partnership which will see Peloton become the exclusive digital fitness content provider for Lululemon, and Lululemon the primary athletic apparel partner to Peloton. With the aim of “engaging their respective global community of members in the United States, Canada, the United ...
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ArticleE-commerce sales continue to grow in Europe, but at a slower pace
In 2022, B2C European e-commerce grew to €899 billion, representing a 6 percent growth from 2021, according to the 2023 European E-commerce Report. The growth rate decreased from a 12 percent growth in 2021. The deceleration was attributed to saturation in e-commerce markets after the fading of the Covid-19 pandemic ...
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ArticleRecap of the Ski Industry Climate Summit 2023
The recently concluded Ski Industry Climate Summit, hosted by Atomic, can be considered a significant milestone in the ski industry’s commitment to addressing climate challenges. The international congress, held Sept. 13-14, 2023, in Salzburg, Austria, gathered key stakeholders and witnessed remarkable progress towards a more sustainable future for winter sports. ...
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ArticleSkier Eileen Gu presents Bosideng's weightless down innovations in Milan
Chinese down jacket manufacturer Bosideng showcased its latest “Weightless Down Jacket” technology at a runway show during Milan Fashion Week at La Vigna di Leonardo. While Bosideng drew inspiration from the Italian Renaissance and the architecture of La Vigna di Leonardo, the featured collection was focused on ...
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ArticleIntersport Germany invests in climate neutrality at its HQ
An important milestone in Intersport Germany’s holistic sustainability strategy is the expansion of renewable energies at HQ in Heilbronn. To ensure a self-sufficient energy supply and reduce CO2 emissions, the company is investing a total of up to €10 million in the renovation of approximately 20,000 square meters of roof ...
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ArticleReport says sports brands leave Cambodian laborers languishing in poverty
Source: ActionAid Cambodia Workers Report The Covid-19 pandemic had a catastrophic impact on the workers employed in garment factories across Cambodia. In early 2020, workers already earned below the living wage and relied on overtime pay to cover their basic needs. By the end of the year, ...
