Latest Headlines – Page 17
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ArticlePuma appoints A$AP Rocky as Creative Director for F1 partnership
Source: Ryo Sato A$AP Rocky, Puma x F1 Creative Director Earlier this year, Puma announced a long-term partnership with Formula 1 (F1), becoming the exclusive licensee and on-track retailer at all races. Now, Puma and music artist, creative and designer A$AP Rocky officially announced a long-term creative ...
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AnalysisAnalysis: The latest inventory levels in the Sporting Goods Industry, Q2 2023
Our latest analysis dives into inventory, covering levels at 27 leading sporting goods companies for the period ended closest to June 30.
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ArticleFirst SSU subsidiary files for insolvency
Rumors are swirling: While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed ...
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ArticleRental and second-hand markets contribute nearly £7bn to UK economy
A study by Barclaycard Payments has found that UK retailers are benefiting from the growing recommerce economy. 76 percent of retailers now offer more sustainable shopping formats that include rental, reuse and resale offerings. Barclaycard Payments partnered with Development Economics to combine thousands of responses from UK consumers with demographic, ...
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ArticlePeloton appoints new Australian GM
Source: Peloton Kathryn Carter, new General Manager for Australia Peloton has appointed Kathryn Carter as General Manager for Australia. Carter will be responsible for growing and managing Peloton’s business in the country, overseeing various functions, including retail, operations, marketing and communications, and business partnerships. Carter replaces former ...
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AnalysisMarket Analysis: The sports apparel market 2022
Our annual summary of the sports apparel market brings you global revenue and market-share development, and a regional breakdown of 29 companies.
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ArticleVF Corp. investor pushes for turnaround plan
In a presentation, California-based activist investor Engaged Capital outlined that the parent company of Vans, The North Face (TNF), Timberland, Supreme and others is suffering from bloated overhead that is driving down shareholder value and called for a more detailed turnaround plan for VF Corp. It said that the overhead ...
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ArticlePuma celebrates Tommie Smith’s legendary gesture at 1968 Olympics
In 1968, at the Olympic Games in Mexico City, American sprinter Tommie Smith made history with his “Silent Gesture,” now also known as the Black Power Salute. On Oct. 16, 1968, he had run to gold in the 200 meters in world record time. After receiving his gold medal, he ...
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ArticleJones introduces Re-Up Tech snowboard recycling program
California-based winter apparel and backcountry gear brand Jones Snowboards announced a snowboard production technology called Re-Up Tech that allows snowboards to be recycled and the collected materials to be used to make new snowboards. The Re-Up Tech process was designed in partnership with SWS Board Technology, Jones’ snowboard factory partner ...
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ArticleGerman retail chain SportScheck to be acquired by Frasers
Frasers Group announced that it has reached a binding agreement with Signa Retail Department Store Holding GmbH to acquire German sports retailer SportScheck. Signa had once acquired SportScheck from the Otto Group. The most recent news surrounding Signa already suggested that some of its brands might be divested from the ...
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ArticleGolf, walking and Nordic walking may enhance cognitive function in older adults
A recent study published in BMJ Open Sport & Exercise Medicine found out that playing a single 18-hole round of golf or completing 6 km of either Nordic walking or regular walking may significantly improve immediate cognitive function in older individuals. An international team of researchers from the University of ...
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ArticleRe:Thinking Business –
Small steps for a big changeWe proudly present Re:Thinking Business. A special with all the latest developments from the circular economy in our industry.
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ArticleSport England plans to fund sports based on their action to fight climate crisis
Sport England wants sports to do more to tackle the climate crisis and plans to require action in this area as a condition of grant funding, the Guardian reported in an exclusive, based on a statement from Sport England chairman Chris Boardman. Speaking at the Blue Earth Summit in Bristol ...
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ArticleThe home fitness equipment market will grow at a CAGR of 9% through 2027
The home fitness equipment market is posting a year-over-year growth of 8.55 percent in 2022-2023 and is expected to grow by US$3.1 billion from 2022 to 2027, according to a new report by research firm Technavio.The market will progress at a compound annual growth rate (CAGR) of 9 percent during ...
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ArticleStereo Skis partners with Aamodt, adds FIS-certified comp skis
Source: Stereo Skis Kjetil André Aamodt and Jens-Martin Johnsrud Norwegian ski brand Stereo Skis is partnering with Norwegian ski racing legend Kjetil André Aamodt, who will serve as an ambassador and collaborator in the development of the brand’s first FIS-certified ski collection. Aamodt – the world’s most ...
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ArticleFrance’s Ligue 1 eyeing the US
Ligue 1, the top football league in France, could be mulling over regular-season matches in the US, according to Front Office Sports. The league receives an annual $85 million for the foreign broadcast rights of its matches, but that contract (with BeIN Sports) is coming to an end. The league ...
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ArticleReebok Basketball puts star power in its C-suite
Source: Reebok Shaquille “Shaq” O’Neal Former star NBA center Shaquille O’Neal has become the first ”President Reebok Basketball.” Another NBA star, Allen Iverson, will be serving as Vice President Reebok Basketball. O’Neal will be focused on player recruitment and business development, Iverson on player recruitment and such ...
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ArticleFour brands present ski boots with Boa Fit System
Source: Tom Klocker / Boa Boa® Technology, inventor of the Boa® Fit System, has joined forces with Salomon, Atomic, Fischer and K2 to launch the first Boa-powered ski boots. One of Austria’s most successful ski racers, Benjamin Raich, was instrumental in developing the system as a test ...
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ArticlePádel has a “courts” problem in the US
Eric Loftus discovered pádel as a business proposition when, in 2021, he traveled to Cologne and paid a visit to FSB, the self-described international trade show for public space, sports and leisure facilities. As he has now explained to The Padel Paper, “every single booth at that trade show was ...
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ArticleFitFlop targets pan-European expansion with new logistics partner
The London-based footwear company FitFlop has selected Bleckmann as its partner to provide omnichannel logistics for its clients in the UK and the EU. The five-year agreement is designed to support FitFlop’s “rapid growth in its home market while providing scope for streamlined expansion across the EU,” according to a ...
