All Sporting Goods Intelligence articles in Volume 31, Issue 25+26
View all stories from this issue.
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Article
New Balance to be in control of all of Western Europe
New Balance will control the distribution of its products all over Western Europe from next year. It has just announced the termination by next Jan. 1 of an important agreement with Groupe Royer , which has been covering its domestic French market as well as Germany and the Benelux ...
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Article
Facebook boycott gains ground in the sports sector
Big sports brands like Adidas, Arc’teryx, Lululemon, Puma and Reebok have joined many others in the last few days in boycotting Facebook in response to a call by six civil rights group to stop advertising on the leading social network in order to prompt it to ban fake news and ...
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News briefs
JD boosts its Iberian store count
According to CMDsport , JD Sports has managed to open three new stores on the Iberian Peninsula – in or around Malaga, Ceuta and Oporto – amid all the re-openings of the post-pandemic. The highlight of the British retail chain’s new stores was the one that opened on June ...
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News briefs
Saucony opens a store in Shanghai
Saucony has inaugurated a store in Shanghai, at Super Brand Mall, in collaboration with its local partner Xtep . The 122-year-old running shoe brand plans to open brick-and-mortar stores in other Chinese cities.
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News briefs
Two more Salomon stores in Germany
Salomon is opening new stores in Frankfurt and Cologne, indicating that they are based on an “epicenter strategy” to raise brand awareness and help local retail partners create synergies and increase sales. The stores will focus on road running, trail running, hiking and backpacking as well as general sportswear, skiwear ...
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News briefs
FISE Montpellier goes digital
FISE has announced the first web-only version of FISE Montpellier, its international action sports festival. The decision follows the cancelation of the 24th edition of the current event in France over health and safety measures related to the coronavirus. The e-Fise Montpellier by Honor webseries will be held from July ...
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News briefs
Decathlon and Sprinter grow in Spain
Decathlon has reported sales growth of 2.9 percent in Spain to €1,952 million, including VAT, for 2019. Sales over the internet went up by 17 percent to €136 million in the country. The number of stores increased by six to a total of 171. Meanwhile, after checking the public record, ...
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News briefs
Moody’s downgrades Boardriders’ debt
Moody’s has changed its outlook for Boardriders’ debt from stable to negative, considering the effects of Covid-19 in terms of temporary store closures and declines in discretionary consumer spending. With only $100 million in cash on its balance sheet and $15 million in credit availability as of May 20, the ...
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News briefs
South African trade magazine makes a pause
South Africa’s leading trade publication in the sporting goods sector, Sport Trader, will have to be “paused for the time being,” because of the coronavirus pandemic. Nicol and Trudi du Toit bought the 40-year-old magazine 23 years ago, and they have continued to run it together with their daughter, Carin ...
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News briefs
Under Armour’s athletics segment and supply chain benefit from the crisis
According to its chief executive and chief financial officer, respectively Patrik Frisk and Dave Bergman, Under Armour is emerging from the pandemic with a sharper focus on the athletic-performance segment and an overhauled supply chain. Speaking at the Stifel Cross Sector Insights Conference, they noted that Covid-19 quarantines focused many ...
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News briefs
Hudora appoints new joint chief executive
Hudora appointed Pieter Coelewij as joint chief executive on June 9. He had been a sales director for Hudora since last August. The native Dutchman was previously the CEO of the Royal Jumbo Group, which develops, manufactures and sells games, puzzles and toys. Until 2007, he was the manager for ...
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News briefs
Decathlon expands its product offering in Franprix stores
Decathlon is stepping up its partnership with Franprix, a French grocery store chain, to help French people stay fit. As we have already reported (SGI Europe Vol. 31 N°15+16), the two companies teamed up in April to sell five Decathlon products – training mats, dumbbells, elastics, jumping ropes and abdominal ...
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News briefs
French sport specialist retailers’ sales drop by 21%, but online sales are up 85%
According to a recent panel survey by the French federation of specialist retailers (Procos), specialist retailers across all sectors in the country suffered a 31.8 percent sales decline in the first half of the year as compared with the same period in 2019, but their online sales grew by 50 ...
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News briefs
Polygiene announces ViralOff+ with lifetime washability
Polygiene announced at a press conference that it is developing a new formula for its ViralOff technology that will provide a testable lifetime of virus reduction in garments. Products treated with the new ViralOff+ will continue to reduce more than 99 percent of viruses within two hours, even after 30 ...
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News briefs
Progress in textiles sustainability is steady but slow, Textile Exchange says
Global fiber production attained around 110 million meters in 2019, representing a 30 percent increase over the past 10 years, and is expected to rise by another 30 percent to 146 million meters in 2030 if the current trend continues. According to the latest “Preferred Fiber & Materials Market Report” ...
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Article
Germany’s anti-trust body clears Intersport’s new online business model
The online sales model of Intersport Germany’s shared online platform has been cleared by the German Cartel Office, or Bundeskartellamt. Noting that it is difficult for small retailers to compete on their own against major online retailers like Amazon and the brands’ online shops, the anti-trust body said it sees ...
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PDF NewsletterSGI Europe Executive Edition: Vol 31 - 25+26
Industry stocks rebound | Digital acceleration at Nike | Intersport’s shared platform cleared | Will Karstadt Sports survive? | Lululemon acquires Mirror | Head integrates Zoggs | Marathons are off or online | New Balance in control of W. Europe | Ispo Re.Start Days spread optimism | Facebook boycott spreads | Doubts about Amazon’s marketplace | Frank Dassler has died | Laurent Boix-Vives has died
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News briefs
Eurobike goes hybrid
Eurobike is going for a hybrid offline/online format. It will be a purely B2B event. The physical trade show will take place in Friedrichshafen from Nov. 24 to 26 instead of September. On the other hand, Messe Friedrichshafen will hold a digital conference on Sept. 1, calling it the “Bike ...
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News briefs
Garmin acquires Firstbeat Analytics
According to the business website ZDNet, Garmin has acquired Firstbeat Analytics, a Finnish company whose software uses heart data recorded by wearable devices to measure stress, sleep, maximum rate of oxygen consumption (VO2 max), training status, the effects of training, rate of respiration and calories burned. Garmin intends to incorporate ...
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News briefs
New American boss for Aqua Lung
Aqua Lung has appointed Andrew Gritzbaugh to the new role of general manager for North America. He was previously senior vice president and general manager of Gerber, the supplier of activity-specific knives, multi-tools and problem-serving gear. Gritzbaugh’s nomination comes a few months after Matthieu Bazin became the new president of ...
