All Sporting Goods Intelligence articles in Volume 31, Issue 15+16 – Page 3
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News briefsKlättermusen processes new type of organic cotton
With the Ansur Windproof series, Klättermusen, the Swedish outdoor brand well known for its sustainable products, is introducing a new windproof alpine and trekking outerwear line made of Katla Cotton, a new variety of organic cotton certified by the Global Organic Textile Standard. Klättermusen describes the material as an organic ...
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News briefs
Anta took some market share in Q1
Anta Sports Products was apparently less affected by the coronavirus outbreak during the first quarter in its home market than the big international brands, which previously reported declines of up to 80 percent in the country. In a preliminary statement, Anta, which operates mainly in China, indicated that retail sales ...
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News briefs
Sanitized combats viruses
Sanitized, the Swiss-based specialist in antibacterial finishings, has said that treating polyester with its additives can reduce viral load by up to 99 percent. The Sanitized T99-19 and T11-15 have been tested by independent laboratories, which have found them “verifiably effective” against viruses in accordance with the ISO18184:2019 standard. This ...
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News briefs
Footway’s bid for Sportamore has succeeded
The tender offer launched by Footway for Sportamore has been accepted by 95.9 percent of the Swedish sports e-tailer’s shareholders. Footway, a more international-oriented online shoe retailer, is paying a total of 439 million Swedish kronor (€40.4m-$43.9m) for Sportamore. Because of its de-listing from the Nasdaq Stockholm exchange, the publication ...
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News briefs
April 22 webinar on activewear colors and trends
A webinar on activewear color and fashion trends for the autumn/winter 2021/22 and spring/summer 2022 seasons is being offered at 10:45 a.m. on Wednesday, April 22, by Nora Kühner, a former member of the Ideas group of independent activewear designers. The German expert on the subject normally gives her speech ...
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Article
Columbia provides a detailed Covid-19 update
Columbia Sportswear has suspended its quarterly dividend, its stock repurchase program and the guidance that it had given on Feb. 6 for its results in the first half of 2020 and the whole financial year. The company will give a new update when it comes out with its first-quarter ...
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News briefs
Wolverine holding virtual-only AGM
Wolverine Worldwide announced on April 17 that its annual general meeting of shareholders will be held in a virtual-only format on April 30, due to pubic health consideration related to the Covid-19 pandemic. Shareholders who were registered as such on March 18 will be invited to visit a dedicated website ...
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News briefs
Remote voting for Thule’s AGM
Thule Group is encouraging shareholders to exercise their voting rights remotely in advance of the Swedish company’s annual general meeting, scheduled for April 28, in order to minimize the number of people gathered at its location. They have to fill out and send a registration form by April 22 to ...
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News briefsBenQ and Stotz win Performance Days awards (digitally)
Performance Days, the trade show devoted to functional fabrics, was scheduled to take place in Munich on April 22-30, and was cancelled with no alternative event date due to the Covid-19 crisis. However, a digital fair has been put in place to allow the industry to keep informed about the ...
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ArticleCan wearables help predict viral infections?
Fitbit and Garmin are collaborating with research institutes in the U.S. and Germany to help detect or predict coronavirus contamination. Similar efforts are reportedly underway in other countries as well. Fitbit, the Scripps Research Institute and Stanford Medicine have formed a research consortium to detect, track and contain infectious diseases ...
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News briefs
Nike launches new sandal
Nike has released the Air Max Koko, a new unconventional sandal for women. The Air Max Koko is derived from the Max Air sneaker concept, which has been turned into an atypical summer sandal.
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News briefs
EBay CEO
EBay has appointed Jamie Iannone, most recently chief operating officer of Walmart’s e-commerce division, as its new chief executive officer, effective April 27. He will succeed to Devin Wenig, who left eBay in September 2019.
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News briefs
Big layoffs at Stadium
Just after the announcement of Intersport Sweden’s court-backed reorganization plan, the country’s biggest sporting goods retailer, Stadium, indicated that it was laying off many of its employees because of a big drop in sales, especially in the Stockholm area. Sweden is one of the few countries where retailers that sell ...
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News briefs
Decathlon sells fitness gear in supermarkets
Sporting goods stores are locked down in France and other countries, but supermarkets are not. While keeping warehouses open to service online orders in France and other countries, Decathlon has joined forces with Franprix, a French grocery store chain, in a test that can help people stay fit at home ...
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News briefs
Apparel brands may lose 20% of their value
The brand value of the world’s 500 biggest companies might lose up to an estimated $1 trillion as a result of the coronavirus crisis, according the “Brand Finance Global 500 2020” survey. Brand Finance, whose surveys aim at creating a link between marketing and finance, also conducted a Covid-19 impact ...
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Article
Fesi surveys the effect of Covid-19 on the industry
The Federation of the European Sporting Goods Industry (Fesi) has surveyed its members to determine the extent of the Covid-19 pandemic’s effects on them and the sporting goods industry. In short, it has found that the pandemic has cut revenues considerably and that e-commerce, while more important than ever, has ...
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News briefsMammut falls by 26.2% in Q1
The Outdoor segment of the Conzzeta Group, which basically consists of the Mammut Sports Group, suffered a drop of 26.2 percent in revenues on a currency-neutral basis in the first quarter. They were down by 28.2 percent on a reported basis to 50.8 million Swiss francs (€48.3m-$52.3m). The group noted ...
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News briefs
Bike Europe has a new senior editor
Bike Europe, the Dutch trade magazine, hired Rosie Burgin as senior editor last month. Burgin – who has also worked for Rosegarden Studios and 3 Circles Media – was formerly an editor at Reed Business Information and, most recently, at the agricultural publisher Misset. At Bike Europe she is succeeding ...
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News briefsFjällräven has a new global marketing director
Fjällräven announced that Alexander Matt has been appointed as the new global marketing director for the brand effective April 15. He succeeds Leif Öhlund, who left in 2019 to pursue other opportunities. For the last four years, Matt held the position of chief marketing officer at the Fiskars Group, where ...
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News briefs
Amazon’s VP for the EU steps down
Roy Perticucci has stepped down as vice president of Amazon’s European operations, responsible for 12 member countries of the European Union. Based in Luxembourg, he was hired for the job in 2013, having held executive posts at Unieuro, Dixons Stores Group, Ground Control, Dixon Stores, Unieuro and Ahold. The reasons ...
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