All Article articles – Page 40
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ArticleISPO Munich 2024 in a nutshell
SGI Europe’s editorial team gathers the news and trends of ISPO Munich 2024 and gives their own impressions.
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ArticleHigh cost of borrowed funds hurts Russian sporting goods industry
The Russian Central Bank having jacking up the key interest rate on loans to a historic high, Russian sporting goods manufacturers and retailers may be forced to revise their development plans in 2025.
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ArticlePOC presents third Hedvig Wessel signature collection
The new line celebrates the roots and creativity of the Norwegian freeride champion.
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ArticleRental business is a driving force with double-digit growth at Intersport Austria
Winter sports accessibility is increasing as expanded rental services, sustainability initiatives and family-friendly offers at Intersport Austria lead to solid growth.
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ArticleRussian sporting goods market is flooded with fakes
The share of counterfeit fake products on the Russian market has expanded since 2022. This is SGI Europes staff member Vlad Vorotnikov reporting.
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ArticleFrasers Group to acquire South African Holdsport
Global retail group Frasers Group has announced the conclusion of an agreement to acquire Holdsport Group, one of South Africa’s leading sporting, outdoor and recreation goods companies, from Old Mutual Private Equity (“OMPE”) and Holdsport’s management. Holdsport is a diversified sports business in South Africa and Namibia. It is home ...
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ArticleMeet SGI Europe and the EDM publications team at ISPO Munich
We look forward to seeing you at our booth and at our panel discussions at ISPO Munich.
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ArticleKlarna made profit for second time in a row in Q3
Klarna, the AI-powered global payments network and shopping assistant, has announced its nine-month financial results. The company’s net profit in the third quarter was SEK 216 million, up 57 percent year-on-year.
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ArticleRottefella has reached an agreement with Amer Sports and signs license deal
The agreement focuses on innovation in ski bindings and ensures global compliance.
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ArticleRecycling partnership targets French textile circular economy
Nouvelles Fibres Textiles and Reju want to tackle the problem of textile waste by creating sustainable recycling systems for producing Reju PET, a polyester with a 50 percent lower carbon footprint than virgin material.
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ArticleClassic French brand enters receivership
Le Coq Sportif will be looking for fresh investments for the next six months.
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ArticleThe Gap ‘increasingly confident’ in Athleta’s trajectory
Third quarter net sales at Athleta rose by 4 percent year-over-year to $290 million as comparable sales increased by 5 percent for the period ended Nov. 2. As expected by parent Gap Inc., the segment’s return to positive comparable sales was attributed to new products and marketing resonating with customers. ...
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ArticleGreen claims: How you get EU regulations and the eco-conscious consumer on board
How can sports and outdoor brands effectively communicate their sustainability efforts without falling into the greenwashing trap? In this expert guide, Dr. Diana Born presents a four-step approach to crafting impactful, data-driven green claims that not only build consumer trust but also align with science-based EU regulations.
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ArticleExploring the intersection of sport, health, and innovation at ISPO Munich
Health is no longer just a personal goal, it’s a global conversation. At ISPO Munich, this conversation is front and center, uniting leaders across sports, wellness, and technology.
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ArticleJD Sports warns profit will be at lower end of range after ‘volatile’ October
The retailer warns of lower profits as October sales slip amid discounting and consumer caution, but expansion plans fuel long-term growth hopes.
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ArticleUN resolution acknowledges sport as an enabler of sustainable development
The UN General Assembly unanimously ratified the resolution.
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ArticleDecathlon to expand heavily in Germany – 60 new store openings by 2027
60 new store openings and €100 million invested in new locations and modernizations. Decathlon Germany’s expansion plans until 2027 are, to say the least, massive.
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ArticleFueled by technical apparel segment, Amer Sports reports strong Q3
The parent company of Salomon, Armada, Atomic and many more brands reports strong growth, led by its premium outdoor and ski brands, and outlines strategic leadership changes and future plans.
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ArticleGuillaume Meyzenq to be Salomon’s new President and CEO
An experienced executive and company veteran is taking charge at Salomon.