All Sporting Goods Intelligence articles in Volume 31, Issue 39+40 – Page 3
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News briefs
Speedo names Cullen Jones as philanthropic sales manager
Speedo has announced the appointment of Cullen Jones, four-time Olympic medalist, to its North America team as the brand’s ”philanthropic sales manager.” He will be responsible for fund-raising initiatives and activities to build relationships with grassroots teams and community support strategies. Most recently, he was a development manager, responsible for ...
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News briefs
Adidas tops ranking of culturally relevant brands in sport
The Fan Intelligence Index, a new global study intended to identify the 40 culturally most relevant brands through sport, has placed Adidas at the top of the ranking, which is ”based around a brand’s ability to influence culture through sport.” The Big a was followed by the Jordan brand, the ...
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News briefs
Vans donates $1 million to tackle mental health concerns through creativity
Vans will donate a total of $1 million to 10 charities from around the world that work on programs focused on creativity as a way of coping with the stress factors that impact mental health and well-being. Each charity will receive $100,000 from The Vans Checkerboard Fund at Tides Foundation ...
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ArticleHoka’s momentum shows no signs of slowing
Once again Hoka One One posted very strong results, helping Deckers Brands grow in its second fiscal quarter ended on June 30. Despite headwinds from Covid-19, the group’s sales progressed by 15.0 percent from the same period last year to reach a new quarterly record of $623.5 million, with ...
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ArticleSequential quarterly improvements for Skechers
While Skechers’ third-quarter sales decreased by 3.9 percent year-on-year and net earnings dropped by 37.6 percent to $64.3 million, it was a significant improvement from the second quarter, when sales where 78.3 percent lower and the company ended with a net loss of $68.1 million. The pandemic significantly impacted Skechers ...
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ArticleShimano’s earnings rise by 10%
Shimano’s sales for the first nine months of the year were down by 2.0 percent from the year-ago period to 264,174 million yen (€2.16bn-$2.53bn), hampered by lockdowns around the world in response to Covid-19. However, sales started to improve during the second quarter due to the soaring popularity of cycling ...
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ArticleTechnogym wants home fitness to generate half of €1 bn in sales
In reporting a 53 percent increase to €98 million in its home fitness segment for the first nine months of this year, Technogym said that its board of directors has approved a new three-year business plan, called Technogym At-Home, that calls for a doubling in the segment’s revenues from a ...
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Article
New Amazon probe by the German Cartel Office
The German Cartel Office has reportedly opened yet another investigation into the practices of Amazon, this time looking into complaints that the giant e-tailer has entered into exclusive agreements with certain suppliers that prevent other retailers from selling certain branded products. As an example of this behavior, the German anti-trust ...
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ArticleMarine, Fitness, Outdoor products drive record Q3 for Garmin
Garmin has reported record third-quarter earnings of $313.4 million, thanks to robust growth in demand for its marine, fitness and outdoor products. The Swiss-based company, which also makes equipment for the aviation and automotive industries, reported net sales of $1.11 billion for the 13 weeks to Sept. 26. This compares ...
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ArticleCallaway to merge with Topgolf
Callaway Golf Co. and the Topgolf Entertainment Group, a major U.S.-based operator of golf driving ranges, have agreed to merge in an all-stock transaction. It’s an interesting way of creating a vertically integrated operation, without offending Callaway’s wholesale partners and it bears some similarities with what Peloton has so successfully ...
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News briefs
Puma signs up Wizkid for new campaign with JD
Puma has named Ayodeji Ibrahim Balogun, best known as Wizkid, as the Puma x JD Ambassador for the relaunch of the Puma Suede Classics range for autumn/winter 2020. The campaign, due to be launched on Nov. 4 at JDSports.co.uk and all major JD Sports retailer stores across Europe, features the ...
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News briefs
Reebok partners with Heelys on shoe collection
Reebok and Heelys, one of the companies owned by Sequential Brands, have announced a collaborative collection of 10 Reebok styles that feature Heelys’ wheel technology. In typical Heelys mode, it will be possible for the wearer to shift from a sneaker to a skate. The sneakers will be available both ...
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News briefs
Garmin introduces a smartwatch designed for e-sports
Garmin has announced the launch of the Instinct Esports Edition, a GPS smartwatch designed for e-sports gamers and enthusiasts. The smartwatch uses a dedicated e-sports activity function to track and analyze heart rate and stress during games while also monitoring the long-term trends. At the end of a gaming session, ...
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News briefs
Umbro partners again with the Iraq Football Association
Umbro has announced a new two-year partnership with the Iraq Football Association. Umbro replaces Givova in the role. The new agreement will see Umbro provide match kit, training kit and off-field wear for various sports teams, including the Iraq National Team, the Under 23, 20 and 17 teams, and the ...
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News briefs
Arena partners with Isko Denim on activewear collection
Arena has collaborated with Isko Denim on Icons, an activewear collection for autumn/winter 2020. The collection uses Arquas 6.0, a patented Isko technology that is said to allow woven fabrics to look and feel like knitted fabrics. Alessandro Miressi, the Italian swimmer and 100m European freestyle champion, has been chosen ...
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News briefs
Decathlon is still most admired in France
According to the 2020 edition of an Ifop survey, Decathlon is once again the company that is most admired by the French across all sectors of the economy. The French-based sporting goods retailer held the top spot also in 2019, in the first edition of the survey. Peugeot, which was ...
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News briefs
Macron makes its debut in Australian rules football
Macron has announced a new technical apparel partnership with Port Adelaide FC, the Australian rules football club based in Alberton, South Australia. The Italian sportswear brand will replace ISC Sports, which has been the club’s apparel technical partner since 2013. Macron’s new four-year deal with Port Adelaide, which will start ...
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ArticlePuma returns to profit and growth
Puma’s revenues for the third quarter rose by 13.3 percent in constant currencies to €1,583, leading to a 13.0 percent rise in net income to €100.5 million. This was in sharp contrast with the second quarter, when the company was hit by a 32.3 percent drop in revenues and ended ...
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News briefs
Former Swix Sport Group centralizes its management
The Brav Group – the Norwegian-based owner of the Swix, Toko, Lundhags, Ulvang, Helsport and Hard Rocx brands – resorted to video conferencing this spring to start implementing a reorganization at the height of the Covid-19 quarantines. Leading the charge was the company’s new chief executive, Espen Falck Engelstad, who ...
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Article
Amazon starts ups in Sweden, with some glitches
Amazon’s dedicated platform for the Swedish market, Amazon.se is now live, but observers pointed to some embarassing bugs including translation mistakes, which resulted in some offensive or embarassing words used in product descriptions (e.g. valdakt instread of rapt for a plant), and picking the Argentinian flag instead of Sweden’s. Many ...
