All Sporting Goods Intelligence articles in Volume 31, Issue 35+36 – Page 2
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News briefsHuski Wear, a new Swedish-based skiwear brand
With the backing of a Chinese firm and a brand of hot chocolate, three veterans of the sports apparel industry, Lena Claesson, Magnus Liljeblad and Jonas Olsson, have launched a digital-only brand of sports apparel in Gothenburg, Sweden, called Huski Wear. Claesson was formerly design and product director at Peak ...
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News briefs
Henri Lloyd will slash prices by going DTC
Henri Lloyd, the British brand of sailing and sailing-inspired clothing, is promising that consumers will pay on average 40 percent less for its products as the company has “cut the middle-men,” according to an Instagram post. It plans to concentrate on its direct-to-consumer business as it severs ties with more ...
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News briefs
Ongoing growth for wearable devices
Despite the Covid-19 pandemic, which created bottlenecks along the supply chain, the global wearables market is expected to grow by 14.5 percent to 396.0 million units in 2020 in terms of deliveries, and to continue to increase at a compound average annual rate (CAGR) of 12.4 percent through 2024, according ...
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News briefsAllbirds is reportedly worth $1.7 bn in a funding round
Allbirds, the Californian brand of sustainable footwear made with wood and wool fiber, has closed a new $100 million Series E funding round led by Franklin Templeton, alongside T. Rowe Price, Baillie Gifford, TDM Growth Partners, Rockefeller Capital Management and other investors. According to The Wall Street Journal, which cites ...
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News briefs
Changes in the sales team at Chris Sports
Chris Sports, a Swiss distributor for numerous sports, bike and outdoor brands such as Giro, Kari Traa, Keen, Elevenate, Evoc and Mountain Hardwear, is reorganizing its business unit for hardgoods and bike products in the same way as its softgoods/shoes department – with only one sales manager – due to ...
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News briefs
Lacoste’s branded face mask for Roland-Garros is sold out
Lacoste is getting strong extra visibility as a “premium sponsor” of the Roland-Garros tennis tournament through the sale of a branded anti-coronavirus face mask. Featuring its famous alligator logo, it is being worn by the tournament’s personnel, including the referees and the ball boys. The re-usable cotton mask has been ...
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News briefs
Royer will have to trim its staff
The loss of a major distribution contract for New Balance in France, the Benelux countries and Germany and the crisis linked to Covid-19 have led Groupe Royer of France to start discussions with its staff about the dismissal of about 200 of its 500 employees. The loss of the contract, ...
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ArticleVulcabras takes over Alpargatas’ Mizuno license
An asset reshuffle involving three of Brazil’s leading footwear manufacturers will result in Vulcabras Azaleia focusing on sports with its Olympikus brand and the distribution of Under Armour in Brazil, while getting out of the women’s sector and taking over a Mizuno license from Alpargatas, which will concentrate on its ...
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News briefs
Clarus raises $11.5m from three top investors
Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, has entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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Early launch of Swix’ next-gen fluoro-free race wax
Swix Soirt has launched its latest gliding wax collection, Swix Pro, comprising three lines called Performance Speed, High Speed and Top Speed, with both solid and liquid waxes available in the stores this autumn. The new line has been in development for over ten years and was originally planned for ...
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News briefs
Dynafit strengthens its sales team
Dynafit , the mountain sports specialist owned by the Oberalp Group, has strengthened its team. The newly created position of strategic account specialist is now filled by Herbert Steinmassl, who has already worked for Dynafit for more than five years and was most recently brand representative responsible for Bavaria. His ...
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News briefs
Smith moves its consumer & dealer services division to Portland
Smith Optics has transferred its consumer & dealer services division to its headquarters in Portland, where it will join the product, marketing and sales departments. The division was previously located at Smith’s Utah-based manufacturing facility. The Portland team will include account managers coming from Utah and new hires such as ...
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ArticleCall for a Covid-19 sports recovery fund in the U.K.
The Outdoor Industries Association (OIA) reports that leaders of more than a hundred sports and exercise institutions in the U.K. have sent a letter to Prime Minister Boris Johnson urging him to reserve funds for the rehabilitation of the sports and physical activity sector - or risk fueling lack of ...
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News briefsNew brand identity and new products for avalanche airbag pioneer ABS
SpinCapital, the Munich-based owner the ABS since 2017, is reinventing the well-known avalanche airbag brand founded in 1985 with a new strategy, a new brand identity, new products, a digital offensive and stronger trade marketing.The founder of SpinCapital and chief executive of ABS, Stefan Mohr, is responsible for the newly ...
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ArticleAnt Group debuts cross-border trade platform
The Ant Group, a Chinese fintech company that belongs to the Alibaba Group, has aunched an international trade and financial services platform powered by its blockchain-based technology solution, the AntChain, to facilitate cross-border sales of products and services by small and medium-sized enterprises (SMEs) and to reduce costs for financial ...
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News briefs
Unify distributes Nixon in the U.K.
Nixon, the California brand of lifestyle watches and other accessories, has announced a distribution contract for the U.K. with Unify Brand Partnerships, effective immediately. The partnership covers Nixon’s full range of products, including its new line of backpacks, convertible duffels, totes and other carry products made with Reprieve Our Ocean ...
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News briefs
Record golf memberships in the U.K.
The number of commercial golf courses and driving ranges affiliated with the UK Golf Federation (UKGF) has reached 936, after breaking the threshold of 900 this summer. The federation offers its members 13 “business support services” free of charge as well as a reservation service for venues and courses through ...
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News briefs
Gucci teams up with The North Face
Gucci has revealed that it is partnering with The North Face for an unspecified collaboration in the coming months “that celebrates the rich heritage of both brands.” For the big Italian luxury brand, it is the first collaboration of this kind since Alessandro Michele became its creative director five years ...
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Reebok to release a plant-based running shoe
In October, Reebok will be releasing the Forever Floatride Grow, a running shoe with uppers derived from eucalyptus trees, midsoles from sustainably cultivated castor beans, sock liners from bloom-algae foam and outsoles from plant rubber. According to Footwear News, the U.S. Department of Agriculture (USDA) has conferred some sort of ...
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Positive rating by Moody’s for Canada Goose
Rating its debt for the first time, Moody’s gave Canada Goose a B1 corporate family rating and a B2 rating to a proposed senior secured loan of 402 million Canadian dollars (€258m-$300m) due in 2027, nearly half of which would be used to add cash to its balance sheet and ...
