All Sporting Goods Intelligence articles in Volume 31, Issue 23+24 – Page 2
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News briefs
Smith introduces new commissions and rebates in N. America
To give its retailers a shot in the arm after the economic slowdown of the Covid-19 pandemic, Smith Optics is investing $300,000 into sales incentive program in North America called “Committed to Retail.” From June 9 to Sept. 7, the helmet and eyewear brand owned by the Safilo Group will ...
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News briefsFitbit introduces suite to detect asymptomatic Covid-19 infection
Fitbit is introducing a new package of products, called Ready for Work, that combines the tracking of vital signs with a number of other services. According to a press release, the purpose is to help employees check their state of health to determine whether they should go to work or ...
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ArticleSport 2000 helps retail members through the corona crisis
The coronavirus crisis has shown that buying groups can perform some useful services for their members besides handling relations between retailers and their suppliers. While continuing to work on new store concepts, Sport 2000 International has been helping many of its retail members, who run 3,950 stores in 23 countries, ...
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News briefs
More insulation options from Thermore
Thermore has expanded its line of blow-in Ecodown fibers, offering five different options in terms of weights and thicknesses with its heat-regulating technology. That includes a new Ecodown Fibers Light version, which provides a soft, ultra-light and packable insulation that is said to be 20 percent warmer than comparable products. ...
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News briefs
Mike Ashley makes new investments in fashion
Frasers Group, the parent company of Sports Direct, continues with its portfolio investments in the fashion sector, acquiring a 5.1 percent stake in Hugo Boss in the form of shares and derivative put options. If the options are fully exercised, the total exposure would be worth a maximum of around ...
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News briefs
Vans opens its first store in Japan
Vans has inaugurated its first retail location in Japan, a three-story building in the Harajuku district of Tokyo. The first two floors are for footwear, apparel and accessories; and the third one for its skate collection. Three Japanese artists – Shigeki Matsuyama , Yutaka and Hirotton – ...
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News briefs
Vivobarefoot develops an amphibian shoe with Michelin
Vivobarefoot has launched a new “swim run” shoe, created in collaboration with Michelin. The Vivobarefoot Tempest is the first style in Vivobarefoot’s Extreme Survival collection. The shoe has been designed to enable an easy transition from trails to water. The pattern of the outsole, developed in collaboration with Michelin, mimics ...
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News briefsNew mid-December timing for Expo Riva Schuh
Expo Riva Schuh, the leading international shoe fair for the low and medium segments of the footwear market, where many low-priced sneakers and other types of footwear are exhibited twice a year, is bringing forward the winter edition of its trade show, making it happen along with the Garda Bags ...
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ArticleDecathlon strikes a new B2B collaboration in Switzerland
Decathlon is open for new partnerships with other retailers anywhere, says a spokesman for the company, pointing out that such initiatives are taken by its managers at the national level. After working with some mass market retaiers in France, Belgium and the U.S., it has announced that it will start ...
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News briefsXXL expects a sales rebound of 25-30%
Mentioning a “strong” spring/summer season for sports retail in the Nordic markets following the Covid-19 situation, XXL ASA said it now expects an increase in its revenues of 25 to 30 percent for the second quarter ending on June 30, as compared to the year-ago period, which could generate an ...
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ArticleFace masks for athletes and the public
We have already talked about the numerous initiatives that sports brands have taken to help health workers in the fight against the coronavirus outbreak. Some of them, including Under Armour and Buff, are now focusing on high-tech face masks for athletes or the general public.
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News briefs
WBIA joins new WHO’S task force
The World Bicycle Industry Association (WBIA) has been invited to participate in a new task force to develop “Principles of Green and Healthy Sustainable Transport.” The task force is part of THE PEP (Transport, Health and Environment Pan-European Programme), a joint body of the World Health Organization (WHO) and the ...
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News briefsMerrell names new chief marketing officer
Merrell has announced the appointment of Janice Tennant to the position of chief marketing officer, reporting directly to the brand’s global brand president, Chris Hufnagel, and joining its senior leadership team. Tennant has more than 18 years of global brand-building experience, most recently serving as chief marketing officer for Cat ...
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News briefs
Boardriders sees it credit rating lowered
Standard & Poor’s has downgraded Boardriders’ debt rating to CCC+ from B- after the company reported that it recorded “severely negative” Ebitda on 40 percent lower revenues for the second quarter ended on April 30, indicating that it may need additional liquidity to meet its obligations. Ebitda is expected to ...
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ArticleAccell benefits from a strong bike market
The post-Covid bike market is going strong in Europe, as indicated by a business updated released by Accell Group, although it seems that the boom is mostly affecting bicycles used for transportation rather than sport, as indicated also by a recent report by the NPD Group on the bike market ...
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ArticlePrimaloft dismisses European managers to adjust to the crisis
Primaloft has confirmed rumors about its separation from its long-time managing director for Europe and its recently appointed president of licensing, Jochen Lagemann, as of May 31. A spokesman for the ingredient brand said that Lagemann’s departure was triggered by the economic impact of the coronavirus pandemic, which has forced ...
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News briefs
Sport 2000 organizes virtual order show for its running segment
Due to the current market situation and uncertainty about future legal restrictions associated with the coronavirus epidemic, the German retail organization of Sport 2000 has replaced its Order Show 4 / Running Special (June 14-16) with a virtual event. It is still uncertain whether the Outdoor Professionals Show (July 5-7), ...
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News briefs
Paris Surf & Skate Film Fest is open for submissions
The fifth edition of the Paris Surf and Skate Film Festival (Sept. 24-27) is open for submissions until July 14. This year, the organizers have announced a new category for music videos with a predominant surf or skate theme. Details and registration are available at pssff.fr.
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News briefs
Intersport’s head of marketing moves to Hervis
David Tews, marketing director of Intersport Deutschland since 2014, changed companies in June and is now responsible for international marketing at one of the biggest Austrian sports retailers, Hervis Sport. Tews a further addition to the growing management team of the international retail chain. In May, the company, which belongs ...
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News briefs
Tokyo to cut costs on postponed Olympics
(updated) Two-thirds of the japanese companies that were planned to be a sponsor of the Tokyo 2020 Olympic Games are having second thoughts about maintaining their commitment until next year, according to the Japanese TV channel NHK. The survey was aired after members of the organizing committee of the Games ...
