All Sporting Goods Intelligence articles in Volume 31, Issue 27+28 – Page 2
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News briefs
Google asked to make concessions to acquire Fitbit
Google has been told by the anti-trust authorities of the European Commission that they might endorse its proposed $2.1 billion acquisition of Fitbit, according to an exclusive Reuters report, as long as it pledges not to use the latter’s health and wellness data for its online advertising and search engine ...
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News briefs
Yue Yuen's plants generated 19% less revenues in June
Yue Yuen Industrial reported a 10.6 percent drop to $724.6 in its turnover in June, as compared to the same month a year ago. The company pointed out that its retail segment, represented by Pou Sheng, saw its sales increase by about 3 percent to $314.4 million, which would imply ...
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Article
Macron posts 15.6% sales growth and moves to a new green HQ.
Macron, the Italian specialist in team sports jerseys, posted consolidated revenues of €113.1 million in 2019, which represented a 15.6 percent increase as compared to the previous year and the third consecutive year of double-digit sales growth. Ebitda rose by 16 percent to €15 million. The Italian sportswear company, based ...
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News briefs
Duca del Cosma appoints new global marketing director
Duca del Cosma, the international golf shoe brand owned by Frank van Wezel, has appointed Honorata Nel as its new global marketing director. Nel worked most recently for the New York Runners, the organizers of the annual New York City Marathon, where she served for five years as director of ...
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News briefs
Macron signs new kit deals with FC Nantes and Reggina, and extends deal with Real Sociedad
Macron has announced a new technical sponsorship agreement with FC Nantes, a French football club that competes in Ligue 1, starting with the 2020/21 season. The Italian sportswear brand is also the new technical sponsor of Reggina 1914, an Italian football club commonly referred to as Reggina, based in Reggio ...
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News briefs
North Sails appoints new CEO
North Sails Apparel has hired Marisa Selfa to serve as the Italian company’s new chief executive, taking the place of Vicente Castellano who remains as executive chairman. Most recently, Selfa served as general manager of Ecoalf, a Spanish brand that develops clothing, footwear and accessories made entirely from recycled materials. ...
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News briefs
Venum will replace Reebok as UFC apparel provider
Venum, a French manufacturer of clothing and accessories for combat sports, will replace Reebok as the new outfitting and apparel partner of the Ultimate Fighting Championship’s (UFC) mixed martial arts promotion starting in April 2021. The contract has been brokered by IMG. The financial terms of the deal have not ...
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News briefs
New boss for Deuter
Robert Schieferle has been promoted to the position of managing director for Deuter, the popular German brand of backpacks, starting on July 1. He has been with the brand for more than 30 years, serving as deputy managing director since 2016. Schieferle takes the place of Martin Riebel, who has ...
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ArticleCovid-19 drives rent renegotiations, partnerships
Retailers in Europe and the U.S. have been seeking rent relief while reeling from Covid-19 shutdowns, and now that their stores have reopened, they are facing uncertain sales prospects and higher costs to meet health and safety requirements. Although some landlords have taken a hard line, many others have been ...
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News briefs
Tecnica Group reshuffles distribution in Sweden and Norway
Blizzard and Tecnica will be distributed by J0 Sport in Sweden and by Sport Sensation in Norway, starting from March 2020. Sport Sensation is taking over the distribution in Norway from Ramos, while JO Sports will be taking it over from Scantrade after the delivery of the autumn/winter 2020/21 collections. ...
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Article
Forum Sport posts its first sales decline in eight years
Forum Sport has posted its first decline in annual sales since 2012. The Spanish sporting goods retailer’s revenues amounted to €124.7 million in the financial year ended on Jan. 31, down by 0.9 percent from €125.8 in the previous year. After a record sales increase of 200 percent on Black ...
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News briefs
Rossignol reorganizes functions at its Swiss subsidiary
According to sportbiz.ch , the website of the Association of Swiss Sports Retailers ( Asmas ), Groupe Rossignol is reorganizing its Swiss subsidiary. Switzerland will become part of a larger regional division, which will be managed by Alessio Meda , currently country manager for Italy. Meda has been working ...
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News briefsGarmin introduces new solar watches, making cable charging nearly unnecessary
Garmin is expanding its portfolio of solar-powered products and now offers even more watches with an integrated, transparent solar charging lens that uses solar energy. In addition to a significantly extended battery life, some models also come with new features. The popular fēnix 6 series is now available as a ...
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News briefsGoPro‘s Hero8 Black now works as an HD webcam
GoPro announced that its flagship Hero8 Black camera now functions as a 1080p high-definition, wide-angle webcam. Users can update their Hero8 Black with a beta release of the new firmware and install the new GoPro Webcam desktop utility to use their camera as a webcam. The utility is now available ...
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ArticleMcKinsey looks at the “new normal”
Experts from McKinsey & Co. made some recommendations to sports brands and retailers on how to cope with the “new normal” that is shaping as a result of the Covid-19 pandemic at two webinars hosted by the World Federation of the Sporting Goods Industry (WFSGI) at different times of the ...
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Article
WFSGI’s latest monthly survey shows new corona-related trends
The World Federation of the Sporting Goods Industry (WFSGI) has noted a slight improvement in the supply/demand balance for sporting goods products as the number of sporting goods manufacturers facing a decrease in demand because of the coronavirus pandemic has dropped in all the regions of the world except in ...
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News briefs
Nike introduces a new, reactive store concept
On July 9 Nike introduced a new, reactive store concept at its flagship in the Chinese city of Guangzhou. Called Nike Rise, the system tailors the shopping experience to individual “members” – that is, customers registered with one of its apps – and connects them to a community in the ...
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News briefs
Ellesse will sponsor Paul Jubb
Ellesse has signed up Paul Jubb, the British tennis player and reigning NCAA (National Collegiate Athletic Association) singles champion. Jubb, who is 20 years old, was the first British male to win the men’s single title at the 2019 NCAA Division 1 Men’s Championship, as a member of the South ...
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News briefs
Deporvillage signs deal with Tour de France
Deporvillage and the Tour de France have signed an agreement that will make the Spanish-based e-tailer the official retailer of licensed products for the 2020 edition of the race. Deporvillage has been trading in France since 2013, and is aiming to further increase its visibility in the European ...
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News briefs
Covid-19 cases at a JD Sports warehouse
A local track-and-trace system has identified a few Covid-19 infections among the employees at JD Sports Fashion’s main warehouse at the Kingsway Business Park in Rochdale, near Manchester. These employees are now self-quarantined at home. Working with the U.K.’s National Health Service (NHS), the company has set up a mobile ...
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