All Sporting Goods Intelligence articles in Volume 31, Issue 33+34 – Page 3
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News briefs
6th Outdoor & Running Business Days in Riva a success
he sixth edition of the Outdoor & Running Business Days in Riva del Garda demonstrated the vitality of these markets in Itay despite the coronavirus pandemic, with over 80 exhibiting brands and more than 200 retailers participating in the event on Sept. 6 and 7. For the brands. The trade ...
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News briefs
Altexa launches HDry in North America
Matteo and Luca Morlacchi, the Italian brothers who invented OutDry, the technology which Columbia Sportswear acquired 10 years ago, presented a new waterproof and breathable membrane called HDry® at Ispo Munich 2020 with their company Altexa. Now, Altexa and GHS Holdings announced the launch of the HDry® brand in North ...
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News briefsAlpkit receives B Corp certificate
The British outdoor and bike brand Alpkit was able to raise £1.5 million (€1.6m-$1.9m) in an investment campaign launched on the CrowdCube funding platform in July. Part of the news was that Alpkit wanted to achieve B Corporation Certification by 2022. Well, it happened much faster as the company announced ...
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News briefs
PrimaLoft Bio styles available from 16 brands in the autumn
Primaloft is partnering with more than 15 outdoor sports, fashion, lifestyle and home furnishing brands to introduce PrimaLoft® Bio™ to consumers in the autumn. According to the company, PrimaLoft Bio is the first biodegradable synthetic insulation and performance fabric made from 100 percent recycled materials, primarily plastic bottles. Specifically, 93.8 ...
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News briefs
Benko gets 92.5% of Signa Holding
René Benko, the Austrian investor, is raising his indirect stake in Signa Holding to 92.5 percent by financing the bulk of a €485 million equity increase through the holding companies that he controls, according to Bloomberg and various Austrian media. Another shareholder, the Swiss-based investor Ernst Tanner, will see his ...
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News briefs
A new DACH manager at Puma
Puma has appointed a new country manager for Germany, Austria and Switzerland, or the so-called DACH region. Nina Graf-Vlachy will take on the position in October, taking the place of Matthias Bäumer, who left the post in June to become the brand’s general manager for teamports. Born in Slovenia, Graf-Vlachy ...
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News briefs
Glenmuir launches a special online platform
Glenmuir has launched a new online platform that is meant to simplify the buying process for golf professionals and retailers who wish to order club-crested clothing made by Glenmuir and its subsidiary Sunderland of Scotland. Described as being the first of its kind in the golf industry, the platform can ...
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News briefs
WFSGI webinar on product reviews for brand reputation
The World Federation of the Sporting Goods Industry (WFSGI) is organizing a webinar on Oct. 7 about the effect of online reviews on brand reputation. Schwalbe will show how it manages product ratings, reviews and Q&A sessions to learn from the customers’ feedback in order to enhance the brands’ reputation. ...
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ArticleZumiez’ profits surge by triple digits
Zumiez, the American action sports retailer that owns Blue Tomato in Europe and Fast Times in Australia, bounced back in the second fiscal quarter ended on Aug.1, after a difficult start of the year due to retail lockdowns. Its net income soared by 181 percent to $25.4 million, on revenues ...
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News briefs
UA to control its EMEA sales from Amsterdam
Under Armour has announced plans to establish a “futuristic” digital hub at its European headquarters in Amsterdam to centralize sales operations and to improve the brand experience. The hub is to have a “combination of physical and digital attributes,” supporting in-person and remote selling. It will combine an “enhanced digital ...
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News briefs
Hoka signs four-year extension of its deal with NAZ
Hoka One One has signed a four-year deal with the Northern Arizona (NAZ) Elite distance-running team. The deal, which takes effect on Jan. 1, will cover the members of the club and boost its “coaching resources,” enabling it to provide health insurance to the athletes for the first time. It ...
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News briefs
Thule Group is changing its senior management
Thule Group is forming a new senior management team to take a “global approach” to its supply chain and product development, starting on Oct 1. The change comes with the announcement that Fred Clark, business area president for the Americas region, will be retiring in early 2021, as soon as ...
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ArticleWattbike to receive £11.5m in new funding
Piper, an investment firm in London, is planning to pour £11.5 million (€12.5m-$14.9m) into Wattbike, a relatively young British brand of smart stationary bikes. The deal, which may have been spurred on by Gymshark’s recent ultra-successful fund-raising, is awaiting approval from the Financial Conduct Authority (FCA), the U.K.’s financial regulatory ...
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ArticleSports products outperform shoes and leathergoods at ANWR
In the first seven months of this year, the total business volume of the ANWR Group went up by 53 percent to €10.2 billion, driven by a 76 percent increase to €8.6 billion in financial services, but the buying groups of ANWR suffered a 10.7 percent decrease in their own ...
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ArticleIspo Munich: New hybrid concept for 2021
Ispo.com published an interview with exhibition director Markus Hefter giving insights into the next Ispo Munich, which will open its doors from Sunday, Jan. 31, to Wednesday, Feb. 3, 2021. In the interview, Hefter explains the newly developed hybrid concept of physical and digital participation opportunities. Source: Messe ...
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News briefs
Liverpool coach becomes an Adidas ambassador
Just as Nike is starting to outfit the members of victorious Liverpool football team with its jerseys and cleats, Adidas has started a multi-year contract with the English club’s coach, Jürgen Klopp, to be one of its ambassadors, effective immediately. As he did before from 2016 with New Balance, the ...
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ArticleMore action in Sweden’s sports retail landscape
Intersport Sverige, Stadium, Sportamore and Gekås had all something new to announce in the last few days. To start with the Swedish Intersport organization indicated that it should be able to come out of its insolvency status in mid-October or later in the month, limiting the number of store closures ...
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News briefs
Special status for Sport 2000 in Austria
Sport 2000 Österreich has been certified for the second time by PHP Sport Management as “Sport Leading Company” in its domestic market. The Austrian buying group, which reached a retail turnover of €579 million in 2019, claims a market share of 29 percent. It federates 240 retailers with 403 ...
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ArticleTechnogym prioritizes DTC and home fitness
The big Italian-based fitness equipment supplier is shifting its focus from the gyms to the consumer after booking a 50 percent sales increase in its relatively small Home & Consumer segment for the first half of this year, as more and more people performed their workouts at home rather than ...
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News briefs
The Finnish biathlon team will wear Halti
Taking the place of Craft, its former sponsor, Halti has become the sponsor of the Finnish National Biathlon Team and the official supplier of clothing for the members of its men’s, women’s and junior teams under a new two-year contract that is expected to improve the brand’s international visibility because ...
