All Sporting Goods Intelligence articles in Volume 30, Issue 39-40
View all stories from this issue.
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PDF NewsletterSGI Europe Newsletter: Vol 30 - 41+42
Signa buys SportScheck | Fesi has a new president | Worries over idle adolescents | Decathlon buys Dita | Conzzeta is selling Mammut | Kering might buy Moncler | Safilo buys Blenders | Culture wars rage at Nike | Rapala restructures | Nordica goes hands-free
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News briefs
Oberalp has reported a record in the number of participants...
Oberalp has reported a record in the number of participants in its semi-annual sales meeting, which was held on Nov. 6 and 7 at Alpbach, in Austria, to present the new products under its Dynafit, Pomoca, Salewa and Wild Country brands for the autumn/winter 2020/21 season. They came from more ...
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Article
Nautilus tries to recover
Just as in the first half of this year, Nautilus ended the third quarter with a loss, as revenues tumbled by 32.2 percent to $61.7 million, weighed down by the Direct segment. The lower revenues and an unfavorable product mix impacted the gross margin, which dropped by 11.4 percentage points ...
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Article
Mizuno posts mixed results
Sluggish sales of sporting goods in Japan weighed on Mizuno’s sales for the first half of its fiscal year through September. They fell by 1.7 percent from the year-ago period to 85.5 billion yen (€708.8m-$784.2m), but they recorded increases in constant currencies in North America, the EMEA region and Australia, ...
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News briefs
McKinsey has issued a report on sustainability for purchasing officials...
McKinsey has issued a report on sustainability for purchasing officials in the fashion industry, entitled “Fashion's New Must-have: Sustainable Sourcing at Scale.” The report, which is the fifth in the series since 2011, highlights that social and environmental sustainability has grown as a major priority for apparel companies, and not ...
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Article
Lululemon invests in a smart mirror start-up
Lululemon has joined in a just completed $34 million Series B funding round for a New York-based high-tech fitness start-up, Mirror, which launched a smart full-length LCD mirror in September of last year. The display can be used as an interactive home gym, with live and on-demand fitness classes. Taking ...
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News briefs
Way Running is introducing a sustainable running shoe, the Way...
Way Running is introducing a sustainable running shoe, the Way Sustainable Runner. The shoe's uppers are made from merino wool and Tencel, a material obtained from trees, while midsoles are made from recyclable foam. The Way Sustainable Runner can be bought online through a Kickstarter contribution. Users can return the ...
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Article
Intersport’s internet platform widens its reach
After doing its own thing in the area of e-commerce, as the Intersport organizations in France and some other countries are still doing, Intersport Germany has decided to take part in the international development of Intersport 2.0, the omni-channel digitalization strategy of Intersport International Corporation (IIC).
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Short stops
J. Lindeberg has opened a new store in the Illum...
J. Lindeberg has opened a new store in the Illum shopping center of Copenhagen
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News briefs
The Uvex Group has reported an increase in total sales...
The Uvex Group has reported an increase in total sales of 5 percent to €475 million in the last financial year, ended last July. The winter-sports segment, which includes ski helmets and ski goggles under the Uvex and Alpina brands, suffered a year-on-year decline for the 2018/19 financial year. Uvex ...
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News briefs
The Signa Retail Group signs letter of intent with the Otto Group to take over SportScheck
The Signa Retail Group, which already owns Karstadt Sports and a group of sports-specific e-tailers called Signa Sports United, has signed a letter of intent with the Otto Group to take over its SportScheck chain of sporting goods stores, according to Germany’s Lebensmittelzeitung. The report could not be confirmed, but ...
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News briefs
Lululemon is going to partner with the World Surf League...
Lululemon is going to partner with the World Surf League (WSL) for the Women's Championship Tour finale at Honolua Bay in Maui. The high-end sports brand will support the final stop of the tour, the Maui Pro. Lululemon will be providing extra athlete preparation services, recovery zones for the surfers ...
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Article
Getting ready for Ispo
The Ispo group of trade shows is expected to announce some exciting new directions and projects in connection with next year’s 50th anniversary of the Ispo trade show. Meanwhile, it is gearing up for interesting new editions of its Ispo Munich and Ispo Beijing shows early next year.
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News briefs
Lowa is the sponsor and official footwear supplier of the...
Lowa is the sponsor and official footwear supplier of the volunteers involved in the organization of the Biathlon World Championship, which will be held in Rasen-Antholz, in Italy's South Tyrol, on Feb. 12-23, 2020. The footwear model that the volunteers will be wearing is called Antholz GTX MID, named after ...
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ArticleGood sales momentum for Foot Locker
Foot Locker reported a 5.7 percent increase in comparable store sales for the third quarter ended on Nov. 2, indicating an improvement from the previous quarters as the increase for the first nine months of the year was only 3.8 percent. However, the management predicts that the increase on a ...
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News briefs
The producers of the Gi Fly, the “one-second full-size folding...
The producers of the Gi Fly, the “one-second full-size folding e-bike,” are seeking an industrial partner to scale up in Europe and elsewhere in the world. The bike is a “project” at a company called Bignay, a consultancy and product developer whose method is to “combine software and hardware to ...
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News briefs
Florent Manaudou, who gave up swimming for the game of...
Florent Manaudou, who gave up swimming for the game of handball in 2016, is back in the water this year with plans to compete in the 2020 Tokyo Olympic Games. Along the way he has secured a new deal with Arena, the swimwear brand that is already the sponsor of ...
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Article
Russian football flips out over a flipped flag
The Russian Football Union (RFU) is criticizing Adidas for supplying poor-quality football clothing, according to a Russian newspaper, Sport Express, which says that the Russian national football team refused to play against Belgium and San Marino in November in the new kit designed and supplied by the company. Most players ...
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Article
Golfino files for insolvency
Golfino, the leading German golfwear specialist based in Hamburg, filed for insolvency at the local court of Hamburg earlier this month. The company continues to operate nonetheless. Jens-Sören Schröder, a lawyer with Johlke, Niethammer & Partner in Hamburg, has been appointed as provisional insolvency administrator. The company’s financial problems are ...
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Article
Zalando is raising standards and fees
Zalando has taken a series of measures to make its delivery services more efficient, to increase revenues and profitability, and to reduce the environmental impact of its operations. One such measure is to terminate home pick-up for premium German customers who wish to return items. This service, which was part ...
