All Sporting Goods Intelligence articles in Volume 30, Issue 35-36
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SGI Europe Newsletter: Vol 30 - 35+36
European market rises by 2.7% | XXL refinances itself | Topsports’ IPO raises $1 billion | SDI lashes out at major brands | New moves at Sport 2000 Austria | Humanic’s parent hires an expert | Leaseback for Boardriders HQ | VF’s business plan for Europe | Good and bad news for Nike | A tweet rocks the NBA in China | Intersport Russia sold fakes | Nike, Lululemon appeal to teens
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Short stops
Poc, the Swedish producer of sports helmets, will be working...
Poc, the Swedish producer of sports helmets, will be working more closely with MIPS, the Swedish safety technology company
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News briefs
GoPro has warned investors that its results for this year...
GoPro has warned investors that its results for this year will not be as good as expected because unspecified production delays for the Hero8 Black action camera, leading the share price to plunge below $4. The delays will cause about $30 million in sales to be shifted from the third ...
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News briefs
Tradebyte, the German internet marketplace specialist owned by Zalando since...
Tradebyte, the German internet marketplace specialist owned by Zalando since 2016, has elevated Kathrin Hösl to the position of chief operating officer. She will be a member of the management board along with the chief executive, Matthias Schulte, and the chief financial officer, Thorsten Barth. Hösl, who previously worked for ...
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Article
Nike and Lululemon top a frugal teen market
Piper Jaffray, the American investment bank and institutional securities firm, has released the latest edition of its semi-annual “Taking Stock With Teens” survey, which follows trends in the spending and brand preferences of teenagers. This 38th edition, which surveyed 9,500 teenagers in 42 U.S. states, may be indicative of trends ...
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News briefs
Fitbit is moving the manufacturing of its trackers and smartwatches...
Fitbit is moving the manufacturing of its trackers and smartwatches out of China. As of January 2020, they will be manufactured elsewhere and no longer be subject to the new tariffs imposed by the U.S. government.
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News briefs
Macron is the new technical sponsor of the Italian Federation...
Macron is the new technical sponsor of the Italian Federation of Equestrian Tourism (FITENTREC-ANTE). The federation is part of the Italian Olympic Committee (Coni) as the representative of competitive equestrian sports including workhorse, western riding (with the exception of reining), cross country, derby and horseback archery, while also being the ...
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Article
Intersport Russia is found selling fake items
While the current Russian licensee of Intersport is winding down its loss-making operations, the court of arbitration of the Russian republic of Buryatia has found an Intersport store in the city of Ulan-Ude guilty of selling counterfeit sporting goods under the brands of Adidas, Reebok and Nike.
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News briefs
Silhouette International, known for its high-end eyeglasses, is introducing a...
Silhouette International, known for its high-end eyeglasses, is introducing a new highly functional line of sports eyewear this autumn, simultaneously with the end of its long-standing licensing deal with Adidas, which has moved to the Marcolin Group. Developed and produced internally by the Austrian family-run company, each Evil Eye-branded model ...
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Article
Humanic’s parent hires a sports expert
Leder Schuh is strengthening its executive board by bringing in a sports-retail specialist. The big Austrian shoe retailing group is looking to expand its banners while digitalizing and focusing more on the sports-lifestyle consumer segment. The company has hired Michael Rumerstorfer, who has a long history of leadership ...
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Short stops
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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News briefs
The Federation of the European Sporting Goods Industry (Fesi) is...
The Federation of the European Sporting Goods Industry (Fesi) is backing the European #BeActive campaign, which promotes sport and exercise for healthier living. As part of the campaign, the European Week of Sport (EWoS), which ran from Sept. 23 to 30, saw the organization of thousands of events across Europe, ...
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News briefs
The organizers of the European Outdoor Summit felt that its...
The organizers of the European Outdoor Summit felt that its seventh edition in Interlaken was “a resounding success,” although the number of delegates declined to just over 200 from 300 a year ago, when the highly dynamic Scandinavian Outdoor Group (SOG) played host. There is no similar industry association in ...
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Analysis
The European sports market remains flattish
As in 2017, the Western European sporting goods market was almost flat overall in 2018, going up in some countries and declining in others, with some retailers outperforming it, according to an annual exclusive study of 15 markets by SGI Europe. In terms of currencies, the market rose by 2.7 ...
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News briefs
The Ironman Group has hired Ellen Newberg to be its...
The Ironman Group has hired Ellen Newberg to be its chief marketing officer, in charge of what is purportedly the world's largest mass-participation sports platform, home of the Ironman, Ironman 70.3, Rock ‘n' Roll Marathon Series and Epic Series. She will also oversee event marketing, athlete development programs, other digital ...
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News briefs
Eastpak has joined forces with Neighborhood, the Japanese streetwear label,...
Eastpak has joined forces with Neighborhood, the Japanese streetwear label, founded by Shinsuke Takizawa in 1994, on a range of padded bags. The collaboration has resulted in four items made of nylon and satin, inspired by Neighborhood's military/biker streetwear style. Each item features co-branded graphics as well as Neighborhood's slogan, ...
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News briefs
Nikolai Klausen is the new secretary general of DSF, the...
Nikolai Klausen is the new secretary general of DSF, the Danish sporting goods retailers' federation, taking the place of Poul-Eric Pedersen, who is retiring after a long tenure in the position. Klausen spent the last four years with other trade associations affiliated with the Danish Chamber of Commerce. He previously ...
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News briefs
Shimano Europe's Nordic division will be handling the sale and...
Shimano Europe's Nordic division will be handling the sale and distribution of its fishing tackle products for the region as of October 2020. Its team, headquartered in Uppsala, Sweden, will thus be expanded. The Nordic region is the third to receive a plan for the overhaul of Shimano's distribution. The ...
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News briefs
Skechers says it has won a protracted trademark dispute with...
Skechers says it has won a protracted trademark dispute with Converse. An International Trade Commission judge found that Skechers' Twinkle Toes and its BOBS designs did not violate the trademark rights of Converse's Chuck Taylor midsole. According to Skechers, the judge also ruled that Converse's trademark had not acquired any ...
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News briefs
Steve Furniss is stepping down as team management director at...
Steve Furniss is stepping down as team management director at Tyr Sport, the company he co-founded in 1985 and has worked for ever since. Furniss was an Olympic swimmer and set two world records before he embarked on a business career. Horst Dassler, then the owner of Adidas, hired him ...