All Sporting Goods Intelligence articles in Volume 30, Issue 43-44
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SGI Europe Newsletter: Vol 30 - 43+44
Lower sales, higher margins for SDI | Pentland reduces its stake in JD | Decathlon works with TMall in Russia | Nike gains market share in Europe | Amer changes its sale structure | Babolat targets Asia | Pelican acquires Confluence | Truce in U.S.-China relations | China’s Stella goes abroad | Fashion meets function in Annecy | International Calendar of Events
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News briefs
The New York Times has reported that Nike's Zoom Vaporfly...
The New York Times has reported that Nike's Zoom Vaporfly 4% and ZoomX Vaporfly Next% make their wearer 4 to 5 percent faster than the wearer of an average running shoe and 2 to 3 percent faster than the wearer of the next-fastest shoe. The newspaper has used new data ...
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Article
Margins rise on lower sales in SDI’s sports stores
Sports Direct International decided at its general meeting in London on Dec. 16 to change its name to Frasers Group, as its £90 million (€105.1m-$116.5m) acquisition in August 2018 of House of Fraser, the embattled British department store chain, is adding a new dimension to the company that Mike Ashley ...
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News briefs
Micam Milano launches Micam X
Micam Milano will launch the teaser of a new format, called Micam X, at the next edition of the trade show on Feb. 16-19. Located in Hall 1, where its fashion shows and conferences have been held lately, Micam X is described as a new space where visitors can discover ...
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News briefs
On Running is said to be planning to open its...
On Running is said to be planning to open its first store worldwide in New York sometime next year. Servicing more than 6,000 points of sale in over 50 countries, the fast-growing, nine-year-old Swiss brand of running shoes already has subsidiaries in the U.S., Japan, Australia and Brazil.
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Short stops
Seasport is the new importer of Vision surfboards in Norway...
Seasport is the new importer of Vision surfboards in Norway
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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
Snowleader, the French online retailer for ski and outdoor products,...
Snowleader, the French online retailer for ski and outdoor products, is expanding into the Italian market, with a dedicated web store in the Italian language offering more than 18,000 products, including local brands like Montura. It's the eighth market for the Annecy-based company, after France, the U.K., Belgium, Switzerland, Germany, ...
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News briefs
JD Sports is working on the opening a flagship store...
JD Sports is working on the opening a flagship store in Paris. Located on the central rue de Rivoli, occupying nearly 2,000 square meters on the premises of a former H M store. The current work on the site is said to be schedule for completion by next May. France ...
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News briefs
Fischer Sports has reopened its Fischer Grants Program to promote...
Fischer Sports has reopened its Fischer Grants Program to promote skiing in the U.S., with a focus on youth, underserved ski populations, snowmaking and education. Applications for funding and equipment will be accepted on a rolling basis throughout winter 2020. The first Fischer grants went to Duluth Cross Country for ...
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News briefs
Fusalp is opening a new shop in Paris, not far...
Fusalp is opening a new shop in Paris, not far from the Eiffel Tower. The new shop follows another Parisian store on boulevard Beaumarchais, between Bastille and République, opened in mid-October. Fusalp posted revenues of €16.6 million for the financial year ended on May 31, representing a 49 percent increase, ...
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News briefs
The North Face will open the first mono-brand store in...
The North Face will open the first mono-brand store in Russia in cooperation with a local retail partner, Inventive Retail Group, occupying 160 square meters in the Galereya Mall in St. Petersburg next March, the company told the local press. The group plans to open a total of 10 TNF ...
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News briefs
Ulrik Schultz will resign at the end of this year...
Ulrik Schultz will resign at the end of this year as chief executive of Bonvita, the Danish distributor, which also owns the growing Bundgaard label of children's shoes. The group's chief commercial officer and main owner, Herik Hammer, will become the new CEO. He will also take over the management ...
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News briefs
Stephan Drake, who founded DPS Skis together with Peter Turner...
Stephan Drake, who founded DPS Skis together with Peter Turner in 2005, left the company this fall. Now serving as president and chief executive is Alex Adema, who has been the chief operating officer of the Utah-based ski company since 2015. The reasons for Drake's departure from the company have ...
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Short stops
DPS Skis is partnering with Madison Rose Ostergren, a ski...
DPS Skis is partnering with Madison Rose Ostergren, a ski racer from Northern Michegan ho began to compete in alpine ski races at the age of six
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News briefs
The Fastening Products division of YKK – a network of...
The Fastening Products division of YKK – a network of 108 companies in 72 countries – has established a partnership with Browzwear, which produces a software suite for 3D apparel design and display. Parts of YKK's catalog of zippers, hook-and-loop fasteners, webbing tapes, snaps and buttons will be available for ...
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News briefs
Nike might be giving a whole new meaning to digitalization....
Nike might be giving a whole new meaning to digitalization. The American sportswear giant has received a patent in the U.S. for CryptoKicks, a wide-ranging concept founded on the blockchain – the same sort of computer ledger that underlies cryptocurrencies. In one of its iterations, it serves as a sneaker-tracking ...
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Article
Digital-driven Nike gains market shares in Europe
As in the previous quarter, Nike grew more slowly in North America in the second quarter than in the rest of world, where it still has more opportunities to expand. It even picked up steam in the Europe, Middle East and Africa (EMEA) region during the period, in spite of ...
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News briefs
Kang, the producer of ski poles in Sweden, has developed...
Kang, the producer of ski poles in Sweden, has developed a telescopic rod in recyclable aluminum. According to the Swedish magazine Sportfack, the two-piece rod comes in six different colors, can be adjusted between 87 and 137 centimeters and weighs 550 grams. Just like the brand's bamboo poles and linen ...
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News briefs
Descente opened a new showroom at the MTC World of...
Descente opened a new showroom at the MTC World of Fashion in Munich, Germany. The Japanese brand, outfitter of the Canadian and Swiss Ski World Cup teams, returned to the German marketplace for the first time in years at Ispo Munich 2019. The country manager is Lothar Heinisch, who previously ...