All Sporting Goods Intelligence articles in Volume 30, Issue 33-34
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Next year, Puma will be reintroducing swimwear into its product...
Next year, Puma will be reintroducing swimwear into its product range in both the sports and leisure categories. The new products will include swimsuits, rash guards, bikinis, boardshorts and trunks, all at “an attractive price point.” The shorts will be made with Repreve, a brand of polyester fibers made entirely ...
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Nike is gearing up to open its third House of...
Nike is gearing up to open its third House of Innovation in Paris in the next few weeks, after those it already has in NewYork and Shanghai. Taking the place of a former Toyota concession and extra office space, the new flagship store will be located at 79, avenue des ...
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Fitbit is said to be looking for a new investor,...
Fitbit is said to be looking for a new investor, and one of the potential candidates is said to be Google
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VF unveils new strategic plan and financial outlook
VF Corporation held a meeting on Sept. 25 with investors and analysts in Beaver Creek, Colorado, to provide an update to the company's strategic growth plan. It used the opportunity to introduce a new corporate logo for the fir st time in 21 years, accompanied by a telling new ...
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Still lots of fake sneakers in Russia
Every third pair of sneakers sold on the Russian market is counterfeit, according to a new marketing study conducted by the consulting agency Brandmonitor. Overall sales of fake sneakers in Russia were close to 77 billion rubles (€1.08bn-$1.19bn) in 2018 . A bout 70 percent of the fakes were sold ...
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Marty Pomfry, a former executive of Nike and Fossil, has...
Marty Pomfry, a former executive of Nike and Fossil, has been appointed by Patagonia as general manager of its Japanese subsidiary
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Young Europeans are ready to pay more for products that...
Young Europeans are ready to pay more for products that are made in a sustainable manner. According to a survey by Spinnova, a Finnish bio-yarn producer, 61 percent of respondents among Europeans aged 18-30 said that they would pay more for a sustainable piece of clothing, while 41 percent would ...
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Standard and Poor's has downgraded the rating outlook for Wolverine...
Standard and Poor's has downgraded the rating outlook for Wolverine Worldwide from stable to BB+ because its financial leverage has risen to three times due to spending on share buybacks. The leverage may grow beyond three times if the Ebitda margin doesn't improve from its current level of 5 percent ...
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Sport Voswinkel will slim down
After the District Court of Dortmund ordered the opening of insolvency proceedings for Sport Voswinkel and the continuation of its self-administration on July 25, Sport Voswinkel's creditors have now agreed to a restructuring plan, which has already approved by the court. The insolvency proceedings will be terminated in the near ...
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A doping scandal mars Nike’s image
Nike and its chief executive, Mike Parker, have become involved in a highly publicized case of athletic doping. The U.S. Anti-Doping Agency (USADA) has decreed four-year “sanctions” on Alberto Salazar, head coach of the Nike Oregon Project, and Jeffrey Brown, the project's endocrinologist. Salazar has been barred from participating in ...
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Moncler has entered the Dow Jones Sustainability Indices (DJSI) World...
Moncler has entered the Dow Jones Sustainability Indices (DJSI) World and Europe for the first time and has been recognized as the Industry Leader in the “Textiles, Apparel & Luxury Goods” sector. The DJSI, created jointly by S&P Dow Jones Indices and RobecoSAM in 1999, are a family of sustainability ...
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Directa Plus has developed a new waterproof textile membrane featuring...
Directa Plus has developed a new waterproof textile membrane featuring the company's G+ graphene nanoplatelets, contained in a polyurethane film. The new membrane will be marketed under the names Grafytherm and Grafyshield. The company has already secured an Italian patent, and is in the process of extending it internationally. According ...
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Decathlon is launching an inclusive ski platform
Decathlon is planning to launch on No v. 15 a new platform for skiers, Decathlon.ski , that will enable customers to make reservations for both gear and ski passes through a single system, both for the Alps and the Pyrenees. The new facility will go live with customers in ...
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A former professional snowboarder, David Pitschi, has joined the Nidecker...
A former professional snowboarder, David Pitschi, has joined the Nidecker Group as brand manager for its Yes snowboards subsidiary. He will be working with one of the brand's ambassadors, Alex Warburton, and with its owners, David Carrier-Porcheron, Romain de Marchi and Jan Petter Solberg. Warburton will be retaining the post ...
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Kathmandu takes over Rip Curl
Nearly doubling in size, Kathmandu Holdings of New Zealand announced a binding agreement for the acquisition of Rip Curl. Contributing to the consolidation of the action sports market, which took a big step in the spring of last year with the merger between Billabong's and Quiksilver's brands into Boardriders, the ...
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Jens Werner is stepping down as creative director of J....
Jens Werner is stepping down as creative director of J. Lindeberg after not quite two years. The post was created for him in December 2017 and included oversight of the Swedish brand's fashion and sports sections. At the time, Werner was a director of design at the company, working on ...
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Pursuing its expansion policy in Europe, Courir has returned to...
Pursuing its expansion policy in Europe, Courir has returned to the Belgian market by opening a store in Brussels. The store takes up 400 square meters on the ground floor of the City2 shopping mall on rue Neuve. On Oct. 4, two other Courir stores will follow on the outskirts ...
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Elan has signed a new contract with one of its...
Elan has signed a new contract with one of its brand ambassadors, Kelsey Serwa. The Canadian Olympic medalist has just retired from freestyle skiing and will become a “main member” of W Studio, a program begun 15 years ago to develop ski gear for the women's side of the market. ...
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While sharpening its focus on luxury goods, Kering has continued...
While sharpening its focus on luxury goods, Kering has continued to reduce its stake in Puma, which it bought over a decade ago. The owner of fashion brands Gucci and Yves Saint-Laurent has issued a €500 million bond that holders can exchange for Kering's shares in Puma at maturity, allowing ...
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Head International has started construction of its new ski plant...
Head International has started construction of its new ski plant in the Vinnitsia Oblast of Ukraine, the regional administration said in a statement on its website on Sept. 13. The new plant is slated to begin operation in 2021. Head said last year that it had chosen Ukraine over other ...
