All Sporting Goods Intelligence articles in Volume 31, Issue 27+28
View all stories from this issue.
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PDF NewsletterSGI Europe Executive Edition: Vol 31 - 27+28
NPD measures Covid’s impact | Post-Covid surveys by McKinsey and WFSGI help define the “new normal” | JD reports strong gains | Store rents being renegotiated | EU issues guidelines for platforms | Sportmaster to sell more online | Martes expands abroad | On will not go public | Adidas beats Nike in brand value rise | Macron grows, goes green
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News briefs
New face masks regulations in the U.K. and France
The British government has requested that people wear face masks in stores as of July 24, and the French government is considering making masks mandatory in stores and all other public places by Aug. 1 at the latest. The British Retail Consortium has said that retailers should not be required ...
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News briefs
Wolverine hires its first VP of advanced concepts and innovation
Wolverine Worldwide has hired Barry McGeough to be its first vice president of advanced concepts and innovation, with a purview extending to all 12 of the company’s brands. He will be seeking out new technologies, materials and other advancements – 5G, augmented reality (AR), artificial intelligence (AI), etc. – for ...
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News briefs
Wilson promotes Joe Dudy to president
Wilson Sporting Goods has promoted Joe Dudy to president. Dudy has been acting leader of the brand since autumn 2019, when Michael Dowse left in connection with the closing of Anta Sports Products’ takeover of Wilson’s parent company, Amer Sports. He is taking the helm at Wilson as the brand ...
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News briefs
McDavid develops face masks for athletes
McDavid, a company that specializes in sports medicine, recovery items and personal protection equipment for variety sports, has developed a face mask for athletes. Available in three sizes and various colors, its new re-usable Sport Face Mask is structured in three layers. An antimicrobial lining effectively blocks droplets and particles ...
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News briefs
Garmin partners with Surfline to provide watch-controlled surf video
Garmin has paired the release of two smartwatches – the Fenix 6 Solar and the Surf Edition of the Instinct Solar – with the inauguration of a partnership with Surfline Sessions of Huntington Beach, California. Garmin’s wearable devices measure wave count, top speed, distance surfed and total water time. The ...
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News briefs
Fesi is promoting European School Sport Day
The Federation of the European Sporting Goods Industry (Fesi) and the Moving Schools Alliance are working together to promote the European School Sport Day (ESSD), the main event of the #BeActive European Week of Sport. This year’s ESSD is scheduled for a requisite 120 minutes of activity (in several sessions, ...
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News briefs
Chillos to launch a slide model for Saucony’s Endorphin Collection
Back in April, Saucony introduced the Endorphin Collection, a range of running shoes that comprises the Speed and Shift models as well as the the brand’s “fastest shoe ever,” a carbon-plated racing flat called the Endorphin Pro. Now another brand owned by Wolverine Worldwide, Chaco Footwear, is releasing a limited-edition ...
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News briefs
Apple’s European tax victory may favor Nike’s case
Observers feel that the European Commission’s legal stance against Nike Europe over an alleged under-payment of taxes in the Netherlands has been weakened by a ruling by the General Court of European Court Justice that annulled its previous decision against Apple Corp. and the Irish government. The Commission had charged ...
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News briefs
Germany’s RSG Group to acquire Gold’s Gym
According to SGB Media, RSG Group, Germany’s largest chain of gyms, has submitted a winning bid of $100 million to acquire Gold’s Gym, an American chain founded in 1965 in Venice Beach, California, well known for its role in the rise of bodybuilding. The original Gold’s Gym is a primary ...
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News briefs
Iconix puts itself up for sale
Iconix Brand Group said it will “broaden” the exploration of strategic alternatives for the company to include its possible sale, merger or other business combination. It is also considering a recapitalization. Ducera Parners has been retained as a financial advisor to work with its law firm, Deckert, in seeking new ...
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Article
New P2B regulation for a fair platform business
On July 12, 2020, a new Platform-to-Business Regulation (P2B) came into force in the European Union to ensure more transparency and fair competition from internet marketplaces and online platforms. One of the reasons for the new quidelines is that the business of the affiliated retailers is largely dependent on ...
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News briefs
Vittoria has a new Italian owner
The Vittoria Group, a leading producer of bicycle tires, has presented Wise Equity, a private equity fund based in Milan, as the company’s new owner, which is bring it back to its Italian roots. The group owns the Vittoria brand and markets third-party brands in some countries (Fox in Italy; ...
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News briefs
Napapijri’s Circular Series obtains Cradle to Cradle Gold certification
Napapijri’s Circular Series of fully recyclable jackets has been recognized as Cradle to Cradle Certified Gold, the standard for safe, circular and responsible materials and products. In order to receive certification, products are assessed for environmental and social performance across five sustainability categories: material health, material re-use (achieved via either ...
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News briefs
The Fifa Women’s World Cup may evolve into a biennial event
Interesting news for potential sponsors: Gianni Infantino , the president of Fifa , has suggested that the organization could turn the Women’s World Cup into a biennial event. The tournament is currently held every four years, like men’s equivalent. The announcement was made during the final day of this ...
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Article
On will not go public, but lifestyle
On Running, denies a report that it is contemplating a possible public offering of shares (IPO), which appeared in the Sunday edition of the Neue Zürcher Zeitung newspaper. The IPO would have reportedly taken place in the summer or autumn of 2021, valuing the company at more than $2 billion. ...
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Article
Russia’s Sportmaster wants to trade more online
Russia’s biggest sporting goods retailer, Sportmaster, plans to boost the share of sales online to 30 percent, as compared to 12 percent before the coronavirus pandemic, said Dmitry Strakhov, Sportmaster’s sales and development director. To reach that goal, Sportmaster plans to design and launch a new online store as well ...
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ArticleMartes Sport expands in Poland and abroad
While putting on hold the planned rebranding of its higher-end Martes Sport Premium stores, Poland’s largest sporting goods retailer is continuing to add new stores to its chain and to expand internationally, in spite of the coronavirus epidemic. Martes Sport has opened a total of 16 new ...
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News briefs
Emil Iversen to race with One Way Sport
Fischer Sports has announced that Emil Iversen, the Norwegian cross-country ski champion who won two gold medals at last year’s World Cup in Seefeld, has adopted the new Premio SLG 20 ski racing poles of its One Way Sport subsidiary. The pole features a lighter carbon shaft than before.
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News briefs
Lululemon opens corner in a Munich department store
Lululemon has opened a shop-in-shop of 90 square meters in the urban sports section of Oberpollinger, the high-end department store in downtown Munich. It’s the first of the kind in Germany for Lululemon, which already has a store in Munich and eight others in the rest of the country.
