All articles by SGI Europe Editorial Team – Page 48
-
ArticleAlibaba’s president steps down from Farfetch board
J. Michael Evans, President and board member at Alibaba, has resigned from the board of directors at Farfetch, according to a company filing with the US Securities and Exchange Commission (SEC). Farfetch qualifies the resignation as being “in furtherance of the arm’s length commercial relationship” it has maintained with Alibaba ...
-
ArticleDutch business of JD Sports declared bankrupt
Sports Unlimited Retail, the parent group of Perry Sport, Aktiesport and Sprinter Netherlands, was declared bankrupt according to a notice that appeared on the Sprinter Netherlands retail site on Dec. 6, 2023. The Netherlands-based Sports Unlimited Retail is owned by the British JD Sports group. JD Sports acquired Perry Sport ...
-
ArticleEU bans destruction of unsold textiles, footwear
The European Commission, Parliament and Council agreed on Dec. 4 on a new framework to make products sustainable by design.
-
ArticleProwinter presents program of upcoming trade show in Bolzano
All the new features of the twenty-fourth edition of Prowinter, which will take place in Bolzano, Italy, from Jan. 10 to 12, 2024, were presented at a digital press conference this week. “At the request of the companies, the 2024 edition has been extended for an additional day,” said Geraldine ...
-
ArticleSports eyewear market to post 7.3% CAGR by 2027, says new report
The global sports eyewear market was valued at $5.7 billion in 2019 and is projected to reach $8.9 billion by 2027, representing a compound annual growth rate (CAGR) of 7.3 percent from 2021 to 2027, according to a new report by Allied Market Research. Key growth drivers will include a ...
-
Infographics & DataEstimated 2026 circular market size by circular solution
According to a McKinsey analysis, the European sports circular market is expected to grow 20–25 percent a year, reaching €30–50 billion by 2030. But which sectors offer the most immediate potential for growth? Resale? Repair? Recycling? Or something else?
-
ArticleWFSGI to tackle physical inactivity with new strategic plan for the sporting goods industry
The World Federation of Sporting Goods Industry (WFSGI) unveiled a strategic plan at ISPO Munich 2023. The aim is to take on the historically high rate of physical inactivity.
-
ArticleISPO Munich 2023: Alive and kicking
Our editors sum up the biggest themes, most important numbers, trends and pinch points on show at ISPO Munich 2023.
-
ArticleFESI welcomes EU Council’s latest steps towards gender equality in sports
The Federation of the European Sporting Goods Industry (FESI) has welcomed the steps taken by the European Council in recognizing the importance of gender equality in sport, calling it a “significant stride” towards the implementation of the recommendations set forth in FESI’s StrongHer manifesto. FESI commended the Council for its ...
-
News briefsPolygiene introduces new plant-based StayFreshBIO
The Polygiene Group will launch a plant-based antimicrobial technology for the textile market at ISPO Munich 2023. The technology is based on a 100 percent bio-based active ingredient derived from plant substances. It complements Polygiene’s current silver-based solution and is in line with the movement in certain regions looking for ...
-
ArticleHow Sport 2000’s "One Sport" strategy is evolving
Ahead of ISPO Munich 2023, Sport 2000 International has released an update of its One Sport 2000 strategy and progress. In a statement, Margit Gosau, CEO of Sport 2000 International and Sport 2000 GmbH, discusses a three-pronged approach which includes expanding specialization and progressively implementing this in brick-and-mortar retail formats, ...
-
ArticleDigitalization is key for 85% of European SMEs, but gaps in tech adoption
Digitalization is a powerful growth lever in today’s economy, but companies are not always up to speed with technological developments, especially small and medium-sized enterprises (SMEs). According to new research from Sage, 85 percent of European SMEs consider digital tech as a key element to their growth ...
-
News briefsBSI voice support for sustainable EU supply chain laws
The German Sporting Goods Association (BSI) has voiced its support for the ambitious EU supply chain law, the EU Corporate Sustainability Due Diligence Directive (CSDDD), advocating for more impact-oriented sustainability legislation. “As an industry, we are open to appropriate, ambitious and impact-oriented sustainability legislation and advocate binding sustainability standards at ...
-
News briefsMeet the EDM team at ISPO Munich and join our panel with FESI and Adidas
Join our panel with FESI and Adidas on the information requirements for EU sustainable policies at ISPO Munich.
-
WebinarWatch now: Becoming a super winner in sports – driving profitable online growth
Discover what McKinsey’s extensive meta-analysis has found to be the most important factors for a successful business. In part three of our EDM Expert Talks with McKinsey & Co. it’s all about digital growth.
-
ArticleThree new independent directors for HanesBrands
HanesBrands has appointed three new independent directors to its Board of Directors. Colin Browne, Natasha Chand and John Mehas will take on the new roles, effective immediately. With these appointments, the company’s board will temporarily expand to 13 directors before returning to 10 directors effective at the 2024 annual meeting ...
-
ArticleLatest StockX report gives an insight into what sneakerheads want
Sneaker resale platform StockX has unveiled its latest annual Big Facts: 2023 Trends report, giving an insight into what’s popular in the sneaker market this year. Retro Adidas styles and character-inspired Crocs are among the best-performing trends.
-
ArticleWorld’s top pádel retailer optimistic despite glut
360° Padel Group has reduced its current year revenue forecast to €62 million, according to CMDsport, as the industry-wide inventory glut has sparked a margin-narrowing price war. However, by the end of 2023, it hopes to be operating more than 500 physical stores between its Pádel Nuestro and Pádel Nuestro ...
-
ArticleFootway Group presents reorganization plan
After the Swedish Footway Group AB filed for voluntary company reorganization in July, the company submitted a preliminary reorganization plan to its creditors at the beginning of November. The plan includes a proposal for debt relief of approximately 70 million Swedish kroner (€6.02m) and a new share issue of the ...
-
Infographics & DataSporting goods industry trade shows in numbers
With ISPO Munich just weeks away, we take a look at the numbers behind some of the sporting goods industry’s key trade shows.
