All Sporting Goods Intelligence articles in Volume 31, Issue 39+40 – Page 4
-
Article
XXL stays on recovery path
After many difficult quarters, XXL ASA bounced back in the second quarter, and the leading Nordic sports retailer confirmed this recovery continues in the third quarter. To turn the business around, the Norwegian company has been taking drastic steps such as cutting costs and clearing inventory. It posted double-digit growth ...
-
ArticleRecord Q3 revenues for Crocs
Thanks to ”exceptional consumer demand and strong sell throughs,” Crocs saw its third-quarter revenues jump by 15.7 percent from the year-ago quarter to a record $361.7 million. In constant currencies they gained 15.9 percent. The company recorded growth in all channels and geographies. It also saw record sales in e-commerce, ...
-
News briefs
Arc’teryx promotes second-hand gear for Black Friday
To shift the focus away from the mass consumption usually associated with Black Friday, Arc’teryx will be rewarding consumers in the U.S. and Canada who trade in their used equipment with a gift card worth 30 percent of an item’s original retail value, a 10 percent increase in the ...
-
News briefs
Many PE firms are reportedly eyeing Canyon Bicycles
Citing anonymous sources, Bloomberg has reported that a number of private equity firms – such as the Carlyle Group, KKR & Co., Advent International, Apax Partners, General Atlantic and Permira – are considering takeover bids for Canyon Bicycles. The German company has been working in this direction with Robert W. ...
-
News briefs
Adidas ranks high in Forbes’ ‘Best Employers’ list
The highest-ranking sports-related company on Forbes’ annual “World’s Best Employers” list this year was Adidas, at number 11, with Nike two slots behind. The next ones down were Puma (47), Decathlon (82), Under Armour (355), Foot Locker (482) and VF Corp. (505). The e-tailers that offer sporting goods for sale ...
-
News briefs
Physical activity helps prevent coronavirus-related hospitalization, new study suggests
Exercise has long been known to boost the immune system. A new study focusing specifically on Covid-19 has now found that maximal aerobic and cardiac capacity helps prevent hospitalization in Covid-19 cases. The study, published in Mayo Clinic Proceedings on Oct. 10, is entitled “Maximal Exercise Capacity is Inversely Related ...
-
News briefs
AS Monaco launches its branded store on Amazon
AS Monaco, the football club that competes in France’s Ligue 1, has announced the launch of its official e-store on Amazon. The club portal will be available to customers in France as well as other European countries, including Italy, Spain, the U.K. and Germany. The agreement makes AS Monaco the ...
-
News briefs
SportScheck launches pop-up space and retail media with EA7
SportScheck, the German multi-channel sports retailer recently acquired by Signa Retail, has opened a pop-up area in its flagship store in Munich with the sports division of Emporio Armani, EA7, as part of its retail media activities. The current autumn/winter collection will be presented for six weeks in a prominent ...
-
ArticleIspo Munich 2021 will be entirely virtual
We have yet not received any official statement, but according to Messe München’s post on ispo.com today, Ispo Munich 2021, originally scheduled for Jan. 31 to Feb. 3, will be held entirely in a digital format on Feb. 1-5. “As a digital edition,” the website says, ”Ispo Munich Online offers ...
-
ArticleDanish Sportmaster wins two prizes
Sportmaster, the Danish sporting goods retailer recently acquired by the Russian-based Sportmaster Group, has won two awards in two contests conducted by PriceRunner, a website that normally advises customers on the best price bargains. The retailer came out as Denmark’s E-Dealer of the Year in the Sport category as well ...
-
AnalysisAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers between 2018 and 2019. This is exclusive data and analysis for Professional Members.
-
News briefs
Havaianas takes its whole operations digital
Havaianas has become the first company in the footwear sector to license the digital showroom software of a Dutch firm called Hatch, whose product stems from developments at PVH Corp. in 2014. The developer calls it a “fully digital-guided wholesale selling experience.” It has enabled Havaianas to do away with ...
-
News briefs
WhatsApp to add in-app purchases, enterprise message hosting
Facebook will soon be adding in-app purchases and enterprise message hosting to WhatsApp. Companies will be able to use Facebook Shops – the e-commerce platform that made its debut in May and feeds into all Facebook apps – to sell products through the messaging app. Companies will also be able ...
-
News briefs
Moncler makes several environmental and social pledges
Moncler has pledged to make its factories carbon neutral by next year and to be using nothing but renewable energy by 2023. The Italian luxury sportswear company will be recycling certified DIST (Down Integrity System and Traceability) down, and thereby cutting its related water needs by 70 percent, as of ...
-
News briefs
Nautilus hires new chief digital officer
Nautilus hired Garry Wiseman on Oct. 26 to be its senior vice president and chief digital officer. He will be overseeing JRNY – the platform that creates tailored home workouts – and the direct-to-consumer e-commerce business while also helping with the company’s digitalization. Wiseman is coming off a nearly four-year ...
-
ArticleMoncler reports a 14% drop in Q3
The decline in Moncler’s revenues slowed down in the third quarter to a rate of 15 percent, or 14 percent in local currencies, falling to a level of €361.8 million. The management reported high and constantly improving growth in China. Without providing the details, the management said that other markets ...
-
ArticleKathmandu benefits from Rip Curl and online sales
It was the acquisition of Rip Curl that helped Kathmandu Holdings to raise its total sales by 48.7 percent to 801.5 million New Zealand dollars in the “transformational” financial year ended on July 30, with the action sports brand contributing sales of NZ$ 315.7 million (€178.2m-$210.6m) in the first nine ...
-
ArticleThule posts strong results
The third quarter was a good one for Thule Group, the Swedish company best known for its roof boxes and bike racks. It saw its net income soar by 148.6 percent from the year-ago quarter to 449 million Swedish kronor (€43.3m-$51.3m), while revenues jumped by 44.9 percent to SEK 2,043 ...
-
News briefsThierry Guibert will run the whole Maus Frères group
Didier Maus, retiring after 28 years with the family-owned company, has arranged with the board of directors of Maus Frères to yield the post of chief executive to Thierry Guibert on Jan. 18, 2021. Maus will retain his non-executive duties as chairman, while Guibert will retain his current duties as ...
-
News briefs
The PGA Show shifts to a virtual format
The international PGA Merchandise Show, usually held in Orlando, Florida, at the end of January, is this year turning into a virtual show like the Outdoor Retailer Winter Market. Running from Jan. 16 to 29, it promises to be a highly interactive online marketplace, facilitating contacts between exhibitors and visitors ...
