All Sporting Goods Intelligence articles in Volume 31, Issue 31+32 – Page 2
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News briefsLöffler is climate-neutral
In contrast to many other companies for whom the relocation of many production steps to the Far East has become the norm, the Austrian sports clothing manufacturer Löffler is proud to have responsibly produced in Austria and Europe since the company was founded in 1947. For many years, the company ...
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Article
Two prominent Adidas executives quit
Two prominent U.S.-based Adidas executives are leaving at the same time, but an official of the company says the two events are completely unrelated. Jon Wexler, a 20-year veteran of the company who has been leading its Yeezy business unit since last November as vice president and general manager, left ...
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Article
Xtep’s new acquisitions boost turnover, but profits drop
Last year’s acquisition of K-Swiss and its various footwear labels, including Palladium and Supra, helped Xtep International Holdings of China to show good revenues for the first half of this year. A smaller contribution came from the company’s new joint venture with Wolverine Worldwide, from the Merrell and Saucony brands. ...
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News briefs
The fashion industry will likely miss key climate change goal
According to a new report from the Global Fashion Agenda and McKinsey & Co., entitled Fashion on Climate, the global fashion industry will miss its 2030 emissions reduction targets by 50 percent if it continues on its current path. In 2018, the apparel and footwear industry was responsible for around ...
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ArticleLloyds Fonds acquires 2.4% of Polygiene
As we reported earlier, the Swedish fabric technology brand Polygiene, which was founded in 2006 as a spin-off of the Swedish chemical company Perstorp, was among the winners in the Covid-19 pandemic thanks to its new antiviral treatment, ViralOff®, which was launched in April. This success also aroused the interest ...
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OpinionOpinion: The short- vs long-term perspective of retail recovery
Guest Article by Magnus Ohlsson The pandemic has led consumers to shift interests and behavior for now, but not necessarily forever. This also means that short-term gains and losses should not be translated into an everlasting future. It is important to take into the equation the brand performance of the ...
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ArticleEcco and others donate bicycles in developing countries
As part of the company’s corporate responsibility program, the Danish shoe brand is donating bicycles to children in Vietnam. While this is just one of Ecco's aid projects - others include donating school supplies to schools in Thailand or funding mobile libraries in Indonesia - it is a great example ...
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News briefs
Puma may snatch Neymar away from Nike
A Nike spokesman has confirmed that it is no longer sponsoring Neymar, the famous Brazilian forward player, ending a relationship that has lasted for 15 years. According to press reports, the 28-year-old football star is in discussions with Puma after failing to reach an agreement with the Swoosh on the ...
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ArticleMarket Analysis: The sports apparel market
We show you who are the winners and losers in the market.
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Short stops
TRADE FAIRS AND OTHER EVENTS
+++ The inaugural edition of Next Summer – a new B2B show taking the place of Sport Achat in France, scheduled for Sept. 14-15 in Annecy, has been cancelled because of the coronavirus crisis +++ The organizers of Skipass Modena have confirmed that the 2020 edition of the Italian B2C ...
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News briefs
Outdoor and athletic shoes run at a similar pace
The global market for rugged outdoor footwear grew at about the same rate as the athletic footwear market in 2019. However, it would have risen by only 4.7 percent without the ongoing strong progress of Hoka One One, driven by its diversification from trail running into road running. Double-digit increases ...
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News briefs
Decathlon partners with Captain Wallet for loyalty cards
Decathlon France is partnering with Captain Wallet on a mobile solution that allows customers to access their loyalty card directly via the wallet mobiles on their smartphone. Until now, this was only possible through the customer’s account page on the Decathlon website.
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News briefs
TaylorMade signs up Brendan Lawlor
TaylorMade Golf has added Brendan Lawlor, to its roster of European Tour players. Lawlor, 22, who is currently fourth in the world rankings for golfers with disability (WR4GD), recently made history at the Belfry by becoming the first disabled golfer to compete on the European Tour.
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Short stops
RETAIL
+++ Sports Direct has opened a 51,000-square-foot store in Newry’s Buttercrane Centre, one of its biggest in Northern Ireland +++ Foot Locker has opened a five-story space in Singapore’s Orchard Gateway @Emerald, with retail over three levels, to sell footwear and apparel collections from global brand partners while celebrating basketball ...
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ArticleViralOff helps Polygiene to thrive during pandemic
Polygiene is at the center of media attention since it launched ViralOff, a fabric treatment with antiviral properties, in April. In the context of Covid-19 outbreak, demand for the garment has soared, and the group expanded its scope from initially treating protective clothing, face masks and other hospital products to ...
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ArticleJosef “Pepi” Fischer is dead
Josef Fischer, the son of the company founder and owner of Fischer Sports GmbH, died on Aug. 26 at the age of 90.After the passing of his father, Josef Fischer took over the management of the company together with his sister in 1959, when he was not even 30 years ...
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News briefs
Adidas and Unity release joint collection
Adidas Skateboarding and Unity, a producer of gender-neutral skate apparel and shoes, are releasing a joint collection for autumn/winter 2020. Unity was founded in 2017 by Jeffrey Cheung and Gabriel Ramirez specifically for the LGBTQ+ market. Cheung has used his illustrations to modify Adidas-designed shorts and shirts as well as ...
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News briefsBlue Tomato opens second store in Munich
Omnichannel retailer Blue Tomato from Austria, specialist for boardsports and lifestyle, will open its second store in Munich, Germany, on Sept. 3 at Oberanger in the heart of the city’s old town. The 500 square meter store will be managed by Joachim Lais. Tillmann Ruprecht, director of sales & service ...
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News briefs
Nautilus introduces a leaning stationary bike
Nautilus is introducing a stationary bike that can simulate the side-to-side rocking of regular outdoor bicycles. The Bowflex VeloCore can be ridden in two modes – lean and stationary (meaning fixed) – thanks to a proprietary lock-out device, whose patent is pending. A touch screen links to the JRNY subscription ...
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News briefs
Betterguards has a new CEO
Betterguards Technology – a start-up headquartered in Berlin whose “safety belt for joints” can be incorporated into athletic supports and shoes – has hired Jocelyn Robiot to be its chief executive. The company’s founder, Vinzenz Bichler, is stepping down from the post to become chief technology officer. Robiot has spent ...
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