Consumer

News about consumer within the Sporting Goods industry supply chain

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PE firm to acquire NPD Group

2021-10-20T17:14:00+01:00

The private equity firm Hellman & Friedman (H&F) will soon be entering into a binding and exclusive agreement to purchase the NPD Group, once the latter’s employee-works council has been lawfully notified and consulted.

  • ​U.K. competition watchdog sets out “green claims” principles for businesses

    2021-05-27T14:51:00+01:00

    In 2020, the U.K. Competition and Markets Authority (CMA) announced that it was investigating the impact of “green” marketing on consumers. A recent analysis of websites, conducted alongside other global authorities, has shown that 40 percent of green claims made online could be misleading, the CMA said. The CMA is ...

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    Mips launches a redesigned, consumer-centric virtual guide

    2021-04-20T10:26:00+01:00

    Mips, the Swedish provider of the eponymous helmet safety technology, has unveiled a completely redesigned website aimed at making “helmet safety more transparent and easily understandable to everyday people.” The brand’s latest evolution goes beyond simple cosmetic changes, using language and design focused on maximizing consumer benefits. The website offers ...

  • Frankfurt - Jan Philipp Thiele - Unsplash

    Consumers are ready to spend more, despite the lockdowns

    2021-04-08T17:16:00+01:00

    German consumers are known to be keen on saving money when there is an economic crisis. Faced with what they call the “Corona crisis,” they have saved an estimated €230 billion since March 2020, when the crisis began, but they are said to be eager to spend more again once ...

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    Consumer Sentiment Germany

    2021-04-08T13:50:00+01:00

    This infographic shows the consumer sentiment development in Germany until April 2021 - surveyed by the HDE (Handelsverband Deutschland)

  • Reebok launches consumer-inspired apparel collection with This Memento

    2021-04-02T17:14:00+01:00

    Reebok has introduced Meet You There (MYT) x Memento, the latest installation of Reebok’s Meet You There franchise. The new apparel collection comprises a selection of lifestyle pieces in men’s, women’s and unisex sizes ranging from XXS to XXXL. The collection was brought to life through Reebok’s partnership with This ...

  • AliExpress rewards consumers for Le Club Paris 2024 challenges

    2021-03-19T18:02:00+00:00

    Until the Paris 2024 Olympic and Paralympic Games, Le Club Paris 2024 is offering its own members the opportunity to participate in fun challenges and to earn points that enable them to enter prize draws and enjoy exclusive rewards - such as participating in special experiences with Olympic and Paralympic ...

  • GfK: Contrasting consumer sentiment across Europe

    2020-10-19T16:46:00+01:00

    The second wave of the Covid-19 is beginning to stifle the previously expected recovery of the European economy, particularly for the consumption of non-essential products and services. Fortunately, it has not yet led to the retail lockdowns of the first wave in the spring – except in Wales and the ...

  • Smith moves its consumer & dealer services division to Portland

    2020-09-28T08:37:00+01:00

    Smith Optics has transferred its consumer & dealer services division to its headquarters in Portland, where it will join the product, marketing and sales departments. The division was previously located at Smith’s Utah-based manufacturing facility. The Portland team will include account managers coming from Utah and new hires such as ...

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    Arc’teryx launches virtual product advisor for consumers

    2020-09-08T09:40:00+01:00

    If consumers can’t make it to a store, but have questions about Arc’teryx’ new product line for the autumn, they can now make an appointment online with the new Virtual Advisor. The Canadian brand claims that the 30-minute appointments, which are available worldwide but currently only in English, will help ...

  • Wolverine adopts First Insight's consumer analytics

    2020-08-18T19:34:00+01:00

    Wolverine Worldwide has announced a strategic partnership with First Insight under which it will deploy its Voice of the Customer predictive analytics solution across its portfolio of 12 brands, including Merrell, Sperry, Saucony, Hush Puppies and Keds. The deal follows a successful test conducted by Hush Puppies in different regions ...

  • A virtual Fibo show for professionals and consumers

    2020-07-28T14:29:00+01:00

    This year’s Fibo will be an entirely virtual-event, staged on Oct. 1-3 on two different websites for professionals and consumers. Professionals are being invited to the world’s largest fitness and wellness trade show on FIBO@business, including an online edition of the European Health & Fitness Forum and other international conventions ...

  • Conference Board: Big drop in global consumer confidence

    2020-07-27T06:54:00+01:00

    Global consumer confidence fell at a record pace between April and June because of the Covid-19 pandemic according to the Conference Board. Its consumer attitudes index plunged from a solid optimistic 106 at the beginning of the year to a pessimistic 92 (anything above 100 is considered positive). The market ...

  • On partners with consumer electronics company on running kit

    2020-07-20T16:27:00+01:00

    On Running and the Danish consumer electronics company Bang & Olufsen have jointly released a running kit, combining the Swiss sporting goods company’s Cloudboom shoe with a limited edition of Bang & Olufsen’s first wireless earphones, the Beoplay E8 Sport On Edition. The Beoplay earphones are made of rubber, textured ...

  • Decathlon Germany passes on VAT cuts directly to consumers

    2020-06-19T09:20:00+01:00

    In view of the decision by the German government to reduce the value-added tax from 19 to 16 percent for certain products and from 7 to 5 percent for others from July 1, the sporting goods retailer and manufacturer Decathlon Germany declared that it will pass on the tax benefits ...

  • WGSN Future Consumer 2022

    WGSN sees three major consumer groups emerging from the crisis

    2020-06-07T21:14:00+01:00

    The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption, and WGSN has set out to predict what consumers will be looking for in the next couple of years.

  • UA reassessing its wholesale and direct-to-consumer strategy in Russia

    2020-01-25T10:19:00+00:00

    Under Armour is reassessing its wholesale and direct-to-consumer strategy in Russia, where it intends to be an active player, following the liquidation of Vostokinvest, with which it signed a non-exclusive distribution and franchising agreement in 2017. By the end of 2018, the company had opened 16 Under Armour stores in ...

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    Ispo Group activates end consumers

    2020-01-11T00:00:00+00:00

    With the third Sports Week scheduled to take place from Saturday, Jan 25, to Saturday, Feb 1, 2020, the Ispo Group is again organizing a series of activities and events in Munich and the surrounding area in connection with this year’s Ispo Munich trade show. In keeping with the motto ...

  • Swiss import duties on various consumer goods could be abolished...

    2019-12-24T00:00:00+00:00

    Swiss import duties on various consumer goods could be abolished in the future. If Parliament gives its approval, the plan will come into force in 2022. The abolition of tariffs on a number of industrial products, including bicycles, clothing and health products as well as some raw materials and semi-finished ...

  • With an eye to both its direct-to-consumer and retail channels,...

    2019-11-08T00:00:00+00:00

    With an eye to both its direct-to-consumer and retail channels, Rossignol Group North America has overhauled its management for apparel and retail operations in the U.S. and Canada. Devon Cruickshank, general manager and vice president of apparel, has relocated to the group's North American headquarters in Park City, Utah. He ...

  • Nike has made another acquisition to boost its consumer-direct initiative....

    2019-08-13T00:00:00+01:00

    Nike has made another acquisition to boost its consumer-direct initiative. After taking over a data analytics firm, Zodiac, and a developer of body-scanning technology, Invertex, it has acquired Celect, an American company that uses artificial intelligence to analyze retail data and predict future consumer purchases and the related allocations of ...

  • Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has...

    2019-06-20T00:00:00+01:00

    Jeff Wilke, Amazon's chief executive of consumer operations worldwide, has announced that his company should be delivering packages with drones “within months.” Speaking at Re:Mars – the e-tail behemoth's conference on machine learning, automation, robotics and space, held on June 4-7 in Las Vegas – Wilke said that Amazon's latest ...

  • Shimano has opened a sort of testing ground for consumers...

    2019-04-27T00:00:00+01:00

    Shimano has opened a sort of testing ground for consumers in Valkenburg, in the Limburg province of the Netherlands. The so-called Shimano Experience Centre offers a fishing lake, a 100-room hotel, a fitness center, a product showcase, conference rooms and a food court. It is open to the public seven ...

  • Dorel Sports’ results impacted by slower than expected holiday consumer demand

    2019-03-22T00:00:00+00:00

    Dorel Industries reported that fourth quarter revenues in its Dorel Sports segment were down by 1.7 percent to US$232.7 million, but grew by around 2.6 percent after excluding the negative impact of varying foreign exchange rates and the divestments of the Sugoi and Sombrio brands in the second quarter of ...

  • Adidas and Foot Locker call on consumers to design shoes

    2019-01-28T00:00:00+00:00

    Adidas and Foot Locker are collaborating on a go-to-market plan that allows consumers to help create footwear with a local flavor. The plan takes inspiration from three themes: speed, cities and the open-source ideal of the computing world, where the raw code is public, free and open to changes by ...

  • VF Corp. is making available to consumers the « sourcing maps »...

    2018-10-31T00:00:00+00:00

    VF Corp. is making available to consumers the « sourcing maps » for ten of its brands' most iconic products. The sourcing maps, which can be viewed on VF's sustainability website, are meant to ensure transparency about every step in the production of VF's apparel and footwear. The interactive maps show the ...

  • Scott Sports is warning consumers of the proliferation of fraudulent...

    2018-05-04T00:00:00+01:00

    Scott Sports is warning consumers of the proliferation of fraudulent online stores, which typically offer promising discounts of up to 80 percent and more on Scott bikes. Consumers are often led to these sites by sponsored ads. The company is reminding buyers of the risk of making payments on these ...

  • Nike buys into consumer analytics, Edwards quits

    2018-03-28T00:00:00+01:00

    While reporting its quarter results last Friday (see the next story in this issue), Nike announced that it has taken over Zodiac, a consumer data analytics firm operating out of New York and Philadelphia. The acquisition is meant to add to Nike's resources in terms of consumer data and analytics, ...

  • Moncler’s new strategy targets fickle consumers

    2018-02-28T00:00:00+00:00

    Moncler has announced a new and speedier strategy, dubbed Moncler Genius, which will see the brand's collections follow the pace of younger and more fickle consumers. The brand will now collaborate with eight new guest designers on monthly collections, for men and women, of its jackets, knitwear and accessories. Instead ...

  • More than 30,000 visitors - mostly consumers - attended the...

    2017-09-04T00:00:00+01:00

    More than 30,000 visitors - mostly consumers - attended the Bread & Butter fashion festival in Berlin on Sept. 1-3. Sport and streetwear were a big theme with brands such as Adidas, Asics, Fila, Nike, Puma, Reebok and Converse. Many gave presents to the visitors. High-intensity workouts with celebrities were ...

  • Consumer demand for the new Louis Vuitton collection co-branded with...

    2017-07-31T00:00:00+01:00

    Consumer demand for the new Louis Vuitton collection co-branded with Supreme was so hot that the brand decided to stop selling it at pop-up shops in Paris and Tokyo. A pop-up shop in New York never opened due to the opposition of the local community. The collection was eventually offered ...

  • U.S. consumers prefer to buy Nike on Amazon than Foot Locker

    2017-07-31T00:00:00+01:00

    Surprisingly, U.S. consumers preferred to buy Nike products on Amazon than at Foot Locker stores in the first half of this year. According to a new survey conducted by UBS among 1,000 American consumers, their preference for Amazon rose to 13 percent of the sample during the period from 10 ...

  • Bread & Butter, the three-day consumer-oriented style and culture festival...

    2017-06-26T00:00:00+01:00

    Bread & Butter, the three-day consumer-oriented style and culture festival held in Berlin, Germany, will expand this year to feature more than 40 brands, up from 25 at its first new-style session last year. Adidas, Converse, Fila, Nike, Puma, Reebok and Vans will be among the brands displaying their products ...

  • Canada Goose told investors at the recent Baird Global Consumer,...

    2017-06-26T00:00:00+01:00

    Canada Goose told investors at the recent Baird Global Consumer, Technology & Services Conference that it is planning to have no more than 20 physical stores in place by 2020 because its business is still largely seasonal, but as previously reported, it is investing heavily in e-commerce, particularly now in ...

  • Nike launches a new consumer-direct strategy, staff cuts

    2017-06-26T00:00:00+01:00

    Nike says it will reduce its staff by about 2 percent, as part of a reorganization aiming to accelerate its business and to target urban consumers more directly. Since Nike reported more than 70,000 employees at the end of its last full fiscal year, the cuts would affect about 1,400 ...

  • Nike doubles down on product innovation and consumer connections

    2017-03-31T00:00:00+01:00

    The Nike group wants to double the speed of its supply chain and innovation while doubling its direct connections with consumers, the company told investors on a call about its results for the three months until the end of February.

  • The Norwegian Consumer Ombudsman has ordered Anton Sport, the Norwegian...

    2016-10-13T00:00:00+01:00

    The Norwegian Consumer Ombudsman has ordered Anton Sport, the Norwegian high-end sporting goods retailer, to pay a fine of 800,000 Norwegian krone (€88,482.8-$97,763.4) for breach of marketing laws. According to a local newspaper, Dagens Næringsliv (DN), the reason for the penalty was that the chain announced a 20 percent discount ...

  • Noting that consumer confidence is improving in Japan, Himaraya is...

    2015-09-30T00:00:00+01:00

    Noting that consumer confidence is improving in Japan, Himaraya is predicting increases in its current financial year of 5 percent in sales, 9 percent in operating income and 13 percent in net profit. For the financial year ended Aug. 31, the Japanese sporting goods retailer has reported a 44 percent ...

  • Zalando cancels B&B consumer festival

    2015-09-21T00:00:00+01:00

    As we previously reported, the big Berlin-based e-tailer bought the bankrupt Bread & Butter trade show in the former Tempelhof airport of the German capital a few months ago, saying that it was planning to turn the event into a big consumer-oriented fashion festival. It has now announced the cancellation ...

  • Eurobike to add one more consumer day

    2015-09-21T00:00:00+01:00

    Eurobike will add a second day open to the public in 2016, in view of the European consumers' growing interest in bicycles. Messe Friedrichshafen, which organizes the trade show, made the announcement on Aug. 29, at the closing of this year's edition. In 2016 the event will be held from ...

  • European consumers spent 4% more on sporting goods in 2014

    2015-08-10T00:00:00+01:00

    The Western European sporting goods market recovered in 2014, rising by 3.8 percent in local currencies after declining by 0.9 percent in the previous year, based on our annual, exclusive analysis of the evolution of sports retailing in 15 major countries. In euros, consumption rose by 4.0 percent to €56.1 ...

  • Compex has won the European Consumers Award 2015 for Fit...

    2015-05-05T00:00:00+01:00

    Compex has won the European Consumers Award 2015 for Fit 5.0 electric muscle stimulator. Released by the Swiss company last November, it is the first wireless fitness device of the kind that uses a unique “muscle intelligence” technology to adapt to each muscle. It is easy to carry around.

  • Trocathlon, a bi-annual event that allows French consumers to sell...

    2015-03-31T00:00:00+01:00

    Trocathlon, a bi-annual event that allows French consumers to sell old sports products to other customers at Décathlon stores, has turned into a permanent market. The French sports retailer has set up an online platform at trocathlon.fr this month that will enable consumers to do the same all year around. ...

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