All Sporting Goods Intelligence articles in Volume 31, Issue 23+24
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SGI Europe Executive Edition: Vol 31 - 23+24
Fesi calls for green recovery | Sport 2000 aids retailers | Covid-19 still an issue in May | Decathlon enters Ireland, partners in Switzerland | Footway seeks a streetwear buy | Reebok breaks with CrossFit | The pandemic stimulates running | Masks for athletes and public | EU, Vietnam sign trade deal | Mandatory shoe tags in Russia
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News briefs
Kinnevik sells shares in improving Zalando
Kinnevik, which is Zalando’s biggest shareholder, has sold 10.6 million shares in Zalando to institutional investors, reducing its stake from 26 percent stake to 21.3 percent and taking advantage of a recent increase in the e-tailer’s share price. The announcement came just before Zalando said that it will post significantly ...
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News briefs
Three more markets for Zalando’s Connect Retail program
From July, Zalando will be extending its offer to waive commissions on its Connected Retail program to Poland, Sweden and Spain. The initiative, which was originally aimed at supporting brick-and-mortar stores during the coronavirus crisis, was introduced in Germany and the Netherlands on April 1. The offer will run until ...
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Short stops
Retail short stops
+++ Mizuno has opened a 200-square-meter shop in Turin, its first flagship store in Europe +++
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Short stops
Product short stops
+++ Tag Heuer has launched a golf edition of its Connected watch – featuring 3D mapping, shot tracking, golf GPS, scorecards and data tracking similar to that of a fitness monitoring device – to be used in conjunction with the brand’s Golf App +++ Adidas has released vegan versions of ...
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Short stops
Corporate short stops
+++ Lagardère Sports and Entertainment, the global sports marketing firm, has been rebranded as Sportfive, with an underlined “v” +++ Frasers Group, the parent company of Sports Direct, has made a portfolio investment, acquiring a 5.1% stake in Hugo Boss in the form of shares and derivatives +++ VF Corp. ...
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Short stops
Marketing short stops
+++ Phil Knight will be receiving an honorary doctorate from his Alma Mater, the University of Oregon, which he has gratified over the years with generous donations +++ Nike and Stade Toulousain, the French rugby union club and reigning Top 14 champion based in Toulouse, have agreed to a five-year ...
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Short stops
CSR & Sustainability short stops
+++ Mizuno Korea has donated sneakers worth 10 million South Korean won (€7,300-$8,300) to ReHoPe, a non-profit organization, to be given to refugees who have escaped from the Syrian civil war to Lebanon +++
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Short stops
Executive Changes short stops
+++ Eurosport has hired Amar Melwani from the Walt Disney Company to be vice-president of distribution, partnerships and rights, a newly created post meant to accelerate the broadcaster’s direct-to-consumer strategy +++
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News briefs
A new sustainable textile project by Puma
Puma has developed a new sustainable lifestyle and performance collection of garments based on a bio-design project called ”Design to Fade.” The non-commercial project served to research sustainable alternatives for textile production and textile dyeing. The result: Some of the products are dyed using bacteria, “while others are made of ...
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News briefs
A boost for Fila’s management in Europe
Petra Stürenberg, managing director of Medico Sports Fashion, Fila’s licensee of the brand for Continental Europe, has appointed new managers to sustain the brand’s strong momentum in the region with a goal to turn it into one of the top five sports brands in the market. Since June, Hansjörg Scharner ...
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News briefs
Head is about to buy Zoggs
Head is in advanced discussions for a takeover of Zoggs International, the leading U.K.-based brand of swim goggles, says an insider, commenting on a report in Sky News, stressing that the transaction is not yet completed. Mark Hammersley, the former president of Speedo International who has been running the brand ...
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News briefs
Standard launches sustainable snow sock
Standard, the Australian sock company, has launched a sustainable technical sock for skiing and snowboarding. These socks use a yarn that is produced in Spain by Hilaturas Ferre, specialized in the production of colored yarns and threads from recycled cotton fibers. The socks are made in Portugal. The ”Woods” sock ...
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News briefs
Specialized will have a new French head office
Construction of a new 2,250-square-meter facility for Specialized France has been launched in Valence, in southeast France, in the Parc d’Activité de la Lautagne. According to reports in sport-guide.com, the facility is scheduled for inauguration in January 2021. The historic headquarters of Specialized France at Charmes-sur-Rhône, near Valence, was destroyed ...
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News briefs
Sqairz partners with Nick Faldo
Sqairz, the young specialist in golf footwear from New England, has announced a long-term partnership with Sir Nick Faldo, the iconic English golfer. Faldo is also investing in the company, which was founded last January by Bob Winskowicz, an industry veteran who previously worked with MacGregor Golf and The Arnold ...
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Article
Fesi joins the call for a Green Recovery Plan for the shoe and apparel industry
The Policy Hub, a joint effort of the Federation of the European Sporting Goods Industry (Fesi), the Sustainable Apparel Coalition (SAC), and the Global Fashion Agenda (GFA), has published a proposal for a ”Green Recovery Plan for Europe,” which is meant to support the economic recovery of the region while ...
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Article
Kappa lifts China Dongxiang’s sales, despite the pandemic
The recent introduction of a direct-franchise model, designed to ensure a sufficient supply of products in the stores through bulk orders of merchandise, lifted the Chinese sports company’s revenues, which were up by 12.6 percent on a comparable basis in the new financial year ended on March 31, reaching 1,841 ...
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News briefs
Lumos to receive Kickstarter funding for new helmet
As of June 17, the Ultra, a smart LED helmet from Lumos, had drawn 11,666 backers and raised $1,372,710 on Kickstarter. The Ultra project will be launched, as its funding has passed its goal of $60,000 and still has until July 20 to collect more. Among the helmet’s features are ...
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News briefs
Converse signs its first WNBA star
Converse – a former brand of basketball shoes that has been under Nike’s ownership since 2003 – has signed its first endorsement deal with a female basketball player: Natasha Cloud, guard for the Washington Mystics. Converse returned to basketball in April of last year, signing in the interim the NBA ...
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News briefs
Cole Haan has a new VP of North American wholesale
Cole Haan has appointed Andrew Rudolph as senior vice president of North American wholesale sales, preparing the American casual footwear brand for its entry into the sporting goods retail channel. Rudolph spent the past five years as vice president of sales at Adidas, his home since at least 2007, generating ...