All Sporting Goods Intelligence articles in Volume 31, Issue 21+22 – Page 4
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News briefs
Decathlon steps up commitment to biodiversity
Decathlon has signed up to the ten principles of the Act4nature France initiative and has joined the Orée network, as part of an ongoing commitment to preserve biodiversity. Act4nature France (“Entreprises Engagées pour la Nature” in the original French version) was launched last December by the French government to help ...
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Article
Europe lifts Fila’s results
South Korea’s Fila Holdings Corp, the parent company and co-owner of Acushnet, grew fast in 2019, especially in Europe, where momentum remained strong. For the 12 months ended on Dec. 19, Fila Korea’s licensing royalties from the region surged by 46.5 percent from the previous year to 39,186 million Korean ...
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Article
Asics exceeds sustainability targets
In 2019, Asics achieved a 27.9 percent reduction in CO² emissions per pair of shoes during the manufacturing process as compared to 2015 baseline levels, exceeding the 10 percent target that the company had set for itself by 2020. This is the headline result in Asics’ 2019 Sustainability Report, which ...
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ArticleMore than 6,000 visitors at Oberalp's virtual convention
The first virtual sales conventions organized by Schöffel and Oberalp went better than expected, as we have already reported. We have also learnt in the meantime at at least two other outdoor sporting goods companies, Mammut and Vaude, have also held their own digital sales meetings. Organizing three different “studios” ...
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News briefs
Alibaba anticipates a slowdown in sales this year
Alibaba, the Chinese e-commerce giant, expects revenues to rise by about 27.5 percent to over 650,000 million yuan renminbi (€83,725.8m-$91,168.5m) in the current fiscal year after its top line rose by 35 percent to RMB 509,711 million (€65,647.3m-$71,487.9m) in the fiscal year ended on March 31. The company achieved its ...
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ArticleTecnica Group performs better than expected
Tecnica Group reported better-than-expected results for 2019, adding that e-commerce and sales of outdoor products and inline skates were positive in the first quarter of 2020, despite the Covid-19 pandemic. The net turnover of the group went up by 6.4 percent to a record €424 million in 2019, which was ...
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ArticleFoot Locker will convert about 35 Runners Point stores
As we had imagined in reporting the phaseout of its Runners Point banner in Germany, Austria and Switzerland, the management of Foot Locker told investors on May 22 that only about 40 stores would be closed, while the others would be converted to the Foot Locker or Sidestep format. Between ...
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News briefs
ZDHC releases the Chemical Management System (CMS) framework
The Zero Discharge of Hazardous Chemicals (ZDHC) Foundation has released the ZDHC CMS (Chemical Management System) framework, which provides the textile, apparel and footwear industries with a united base to work from. The ZDHC Foundation helps companies in these industries reduce their chemical footprint. The CMS Framework is part one ...
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News briefs
Macron announces a virtual version of the Bologna Marathon
Macron, the Italian sportswear company based in Bologna, has announced a virtual replacement for the annual Bologna Marathon, which was supposed to take place on March 1. The brand is the official technical sponsor of the event. The first Bologna Virtual Marathon is scheduled to take place on June 5-6-7. ...
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ArticleAsics is back in the red
Asics ended the first quarter with a loss of 243 million yen (€2.0m-$2.2m), versus a profit of ¥4,365 million for the same quarter last year, weighed down by store closures. The management said that recent efforts to restructure the business helped sales in Europe and the U.S. until March, when ...
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ArticleIspo measures the pandemic’s effects on sports retail
Ispo has released the results of a survey it launched on April 9 to determine the effects of the pandemic on European sports and outdoor retailers. Among other interesting points, the survey indicated that Covid-19 began to strike their businesses early, that many resorted to home deliveries and the internet ...
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News briefs
Good first “virtual” sales meetings from Europe
The first virtual sales conventions organized by Schöffel and Oberalp went well, according to the two companies. Schöffel’s 100-percent digital sales meeting was held on May 19 and 20, involving roughly 130 participants from about 15 different countries in all the major markets, more than originally expected. A total of ...
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