All Sporting Goods Intelligence articles in Volume 31, Issue 25+26 – Page 4
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News briefs
Decathlon’s opening in Ireland is described as “hugely successful”
The opening of Decathlon’s first Irish store in Dublin has proved so successful that the company is already planning to create 25 new jobs, while also considering new openings in the cities of Cork and Galway. The Dublin store was inaugurated on June 13 and, according to a report in ...
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ArticleFrank Dassler has passed away
Frank A. Dassler, a member of the family that founded Puma and Adidas in 1948 and 1949, died of a long and severe illness in Hamburg on June 20, six days after his 64th birthday. His passing closes an important chapter in the history of the sporting goods industry, in ...
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News briefs
Artémis trims its stake in Puma
Artémis, the holding company that controls Kering, expects to reduce its stake in Puma from 29 percent to about 25 percent through a new €500 million convertible bond offering. Bondholders will be able to convert their investment into Puma shares in 2025, with a conversion premium of between 35 and ...
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News briefs
Ispo’s organizer goes digital after a record year
Messe München, the organizer of the Ispo trade shows, had record revenues of €474.2 million last year, generating Ebitda of €138.4 million. Its success had a spill-over effect on the economy of Munich and the state of Bavaria, resulting in extra revenues of around €3.3 billion for the hotel industry ...
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News briefs
JD re-acquires Go Outdoors
Just after appointing Deloitte as administrator of Go Outdoors, its struggling British outdoor chain, JD Sports Fashion announced that it has re-acquired the business and substantially all of its assets for £56.5 million (€62.5m-$70.5m) “as partial repayment against its historic indebtedness” in a “pre-pack” administration deal via a newly incorporated ...
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News briefs
Alpina wins German Brand Award 2020
Alpina, the German brand of helmets, goggles and protectors that is part of the Uvex Group, has received the German Brand Award 2020 for “excellent brands – sports and outdoor goods.” The annual award’s organizers, the German Design Council and the German Brand Institute, found that Alpina had successfully linked ...
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News briefs
Fischer Sports releases lightweight rollerski
Fischer Sports has released what it claims is the lightest rollerski on the market, made entirely of carbon to achieve the flexion and torsional resistance of a regular ski. Fischer has sought to give the Speedmax Classic, as it is called, a slim profile so as to balance high ground ...
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News briefs
New CEO for Casall Sport
Nanna Hedlund will take up the post of chief executive of Casall Sport on Aug. 17. She was previously the CEO of Polarn O. Pyret, a Swedish quality kidswear brand with sales all over Europe and also in the U.S. Hedlund has been on Casall’s board since 2108. She takes ...
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News briefsNike enlists Native American Miss Universe
Ashley Callingbull of the Enoch Cree Nation, the first Canadian and first indigenous woman to become Miss Universe, is one of three Native American women figuring in Nike’s new ad campaign for its N7 collection. Callingbull is joined by Chelsey Luger, of both the Turtle Mountain Band of Chippewa and ...
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News briefs
Signa Sports United launches its online stores in Japan
Outfitter, one of the online retail chains of Signa Sports United (SSL), has launched its first online store in Japan in cooperation with Aeon. The two partners plan to add other online stores for two other properties of SSL, Tennis-Point and Probikeshop, in Japan next month. The Austrian-based Signa Retail ...
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ArticleRossignol’s spiritual father has passed away
Laurent Boix-Vives, a great gentleman, a visionary and a relentless entrepreneur who made a major contribution to the development of the snow sports sector, passed away on June 18 at the age of 93. He ran the Rossignol Group for nearly 50 years, building it into the world’s biggest ski ...
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News briefs
On Running launches documentary on the Athlete Refugee team
On Running, the Swiss brand of running shoes, launched a documentary to accompany the Athlete Refugee Team for the postponed 2020 Olympic Games on Saturday June 20, on the occasion of this year’s World Refugee Day. In the film, Tegla Loroupe, the well-known Kenyan runner who won the latest ...
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News briefs
Decathlon Germany passes on VAT cuts directly to consumers
In view of the decision by the German government to reduce the value-added tax from 19 to 16 percent for certain products and from 7 to 5 percent for others from July 1, the sporting goods retailer and manufacturer Decathlon Germany declared that it will pass on the tax benefits ...
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ArticleOpinion: Amazon and other marketplaces may be in for a reckoning over illegal sales
Why the sale of illegal products through online platforms could become a problem for Amazon and other marketplaces – and why the widespread circumvention of EU competition law may soon be over
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