All Sporting Goods Intelligence articles in Volume 30, Issue 23-24 – Page 6
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News briefs
Prana has announced that its entire spring/summer 2020 swimwear collection...
Prana has announced that its entire spring/summer 2020 swimwear collection features 100 percent sustainable products. For the women's swimsuit line, Prana has partnered with a company specializing in sustainable fiber regeneration to offer products that feature a fabric blend using Econyl Recycled Nylon combined with Lycra Xtra Life Elastane. The ...
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Article
Sport 2000 grows and expands its Absolute format
Sport 2000 Deutschland has reported an increase in centralized settlements of 10.8 percent for the first five months of this year, as compared to the same period of the previous year. Affiliated retailers have reported an increase in their own sales of 2.5 percent for the same period. At the ...
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News briefs
Diadora, which posted a 6.5 percent sales increase to €168...
Diadora, which posted a 6.5 percent sales increase to €168 million in 2018, is still doing well in 2019, according to a report by fashionmagazine.it and the statements of the brand's president, Enrico Moretti Polegato. The e-commerce share jumped by 65 percent last year and accounted for 6 percent of ...
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Article
Innovation and digitalization fuel Nike’s 11% growth
Surpassing the management's expectations, Nike reported a broad-based sales increase of 11 percent on a currency-neutral basis for the financial year ended on May 31, driven by innovations, the group's “consumer direct offense” initiative and other aspects of its strategic transformation.In reported dollars, this meant an increase of 7 percent ...
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News briefs
Asos is reportedly planning to cut around 100 jobs at...
Asos is reportedly planning to cut around 100 jobs at its London head office in Camden, many of them in the marketing department. The last set of interim results, which the online retailer released in March, showed a drop of 87 percent in its pre-tax profits. The company has been ...
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Short stops
Decathlon is planning to open shortly a mega-store of 5,100...
Decathlon is planning to open shortly a mega-store of 5,100 m² in the Olympia shopping center of Munich, the third one and the biggest in the German city
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Article
StockX achieves a valuation of $1 billion
The sneaker resale market is hot. StockX, the self-described “stock market of things,” has secured a new round of funding and named a new chief executive. The investment firms of DST Global, General Atlantic and GGV Capital – along with investors from the previous round, such as GV and Battery ...
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News briefs
The European outdoor market fell by 1 percent in value...
The European outdoor market fell by 1 percent in value and by 0.5 percent in volume at the wholesale level in 2018, according to the European Outdoor Group, which gave a figure of €5.81 billion for the region. Sales declined in value by 0.9 percent in Germany but increased by ...
