All Sporting Goods Intelligence articles in Volume 31, Issue 27+28 – Page 3
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News briefs
Strong recovery and an award for Polygiene
Polygiene is recovering strongly, thanks to its anti-viral technology. In a preliminary statement, the Swedish company indicates that its sales grew by 37 percent in the second quarter, keeping the gross margin at around 70 percent and generating breakeven operating results, compared with a loss of 4.2 million Swedish kronor ...
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News briefs
Real Madrid implements an omni-channel retail plan with Legends
Real Madrid is implementing an omni-channel retail program developed for it by Legends, a company that operates in sports, entertainment and attractions and seeks to provide “holistic solutions for legendary brands.” The football club is opening a new online store, in eight languages, for its official merchandise, but it will ...
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News briefs
Puma to launch the Unity Collection
Puma is releasing the Unity Collection of unisex apparel, footwear and accessories, accompanying the launch with a pledge of $200,000 to the U.N. Covid-19 Solidarity Response Fund, which supports the World Health Organization (WHO). The pack is to celebrate Puma’s sports heritage and the unifying force of sport. The items ...
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News briefs
Under Armour reportedly puts up a fitness app for sale
Under Armour is reportedly looking for an investor to take over MyFitnessPal (MFP), a food consumption and exercising app and website that it bought for $475 million in 2015, at around the same time as Adidas’ $220 million acquisition of Runtastic and Asics’ $85 million buy of Runkeeper. MFP offers ...
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News briefs
Nike and 11teamsports partner with TSV 1860 München
Nike and 11teamsports will be supplying the TSV 1860 München, the third-tier Munich football club known also as ”die Löwen” (the Lions), from this summer until June 2025. Erima of Germany was previously the team’s sponsor and supplier since 2008. 11teamsports, the German multi-channel retailer, will take care of the ...
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News briefs
FC Barcelona seeks damages from Nike for defective jerseys
The Financial Times reports that FC Barcelona will be seeking monetary compensation from Nike, its sponsor since 2018. Apparently, the colors of the jersey in the Swoosh’s kit bleed when they get wet. Both Nike and the football club hope to resolve the problem by August, when Europe’s Champions League ...
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News briefs
Five years of Adidas with Parley for the Oceans
Adidas presented a new limited-edition sneaker for the fifth anniversary of its collaboration with Parley for the Oceans. The company said it would donate €30 to the NGO for each pair of the model sold in the first three days of the promotion. The partnership between Adidas and Parley for ...
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News briefs
Town & Country is returning to Europe
According to Boardsport Source, Town & Country is returning to Europe this summer, in time for next year’s 50th anniversary, with the soft launch of a surf shop in Hossegor, France – not far from the legendary beach at La Gravière. Called “The Salts Only,” the store will strike a ...
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News briefs
Ispo Shanghai attracted 14% more visitors
The Ispo Shanghai show closed on July 5 with a total of 17,776 visitors in three days, 14 percent more than a year ago – a pretty good score considering that it was the first major trade show in our sector to take place offline since the cancellation of Ispo ...
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News briefs
Puma appoints Paul Spencer as regional sales director Europe
Puma has announced that Paul Spencer is taking over the position of regional sales director for Europe with immediate effect. He succeeds Marek Drvota, who has left the company. The briton has been with Puma since 2007, where he started as a lifestyle sales manager. He became general manager for ...
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ArticleOnline sales support Kathmandu and Rip Curl
Kathmandu Holdings told investors that it expects a 30 percent drop in adjusted Ebitda for the current financial year, in spite of strong online sales during the recent corona-related retail lockdowns in Australia and double-digit sales increases overall after its stores reopened. While it is still more than half way ...
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News briefs
Focusing on core brands, Pentland invests on sustainability and digitalization
Having completed a “strategic review,” Pentland Brands will be refocusing on its core brands: Speedo, Berghaus, Endura, Canterbury, Mitre, Ellesse, Kickers and SeaVees. To this end, it will “hibernate” the Boxfresh brand of men’s shoes and lay off about 350 employees from its headquarters in the U.K. According to Pentland ...
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ArticleJD reports strong gains, but wants to pay less rent
While reporting record results for the financial year ended on Feb. 1, JD Sports Fashion indicated that it will slow down the pace of new store openings, making them partly dependent on the “rental realism” of landlords. The increasingly international sports and outdoor retailer based in the U.K. reported a ...
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News briefs
On and Federer unveil “The Roger”
On, the Swiss performance footwear brand specializing in running, has introduced its first collaborative sneaker with Roger Federer, the Swiss tennis champion who joined as an investor and a brand ambassador last November. “The Roger,” inspired by the tennis sneaker of the ‘70s, features an all-white color scheme, with white ...
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News briefs
Titleist and Footjoy extend PGA partnership
Acushnet, the parent company of the Titleist and Footjoy golf brands, has extended its partnership with The Professional Golfers’ Association (PGA) for a further three-years until 2023. Both Titleist and FootJoy are principal partners of the PGA, and will continue to support the organization in several areas, including its Continuing ...
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News briefs
JD Sports is Celtic’s new retail partner
The Celtic football club has named JD Sports as its “official retail partner.” The official kits and training wear products of the Glasgow-based professional football club, which plays in the Scottish Premiership, will be available across the globe in JD’s physical and online stores as well as in the club’s ...
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News briefs
Nautilus to focus on home fitness
Nautilus has hired an investment banker, William Blair, as an adviser to find a buyer for its commercial Octane Fitness business. It bought Octane for $115 million in 2015 to broaden its range of fitness equipment for the clubs, while adding a line of higher-end elliptical machines for the home. ...
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News briefs
A “green” credit agreement for Moncler
Moncler has signed a €400 million “green” credit agreement with Italy’s big Intesa Sanpaolo bank. The revolving credit line is meant to support its initiatives in the areas of environmental protection and corporate and social responsibility. It includes a rewarding mechanism linked to the actual achievement of certain environmental targets. ...
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News briefs
Shimano’s chairman emeritus has died
Yoshizo Shimano, chairman emeritus and former president of his family’s eponymous company, died of chronic heart failure on July 2. He was 85. He was the third son of Shimano’s founder, Shozaburo Shimano, and joined what was then called Shimano Industrial in 1958. Yoshizo Shimano will doubtless be remembered for ...
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News briefs
Pádel now has its own lobby
The Clúster Internacional del Pádel (CIP) is officially established as of this month as a global development platform for the Spanish version of paddle tennis, with its membership now open to any pádel-related raw-materials supplier, manufacturer, distributor, importer/exporter, retailer, service provider or club anywhere in the world. The CIP’s founding ...
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