All Sporting Goods Intelligence articles in Volume 31, Issue 39+40 – Page 5
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News briefs
Brooks will sponsor a virtual Houston Marathon
Brooks Running has returned to its former role as the official footwear and apparel sponsor of the Houston Marathon, taking the place of Skechers for the next three years. Instead of the traditional in-person Marathon Weekend of Events, the next race will be held as a series of Virtual Houston ...
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News briefs
Decathlon invests €4 million in Cyclofix
Cyclofix, a French on-site bike repair service, has raised €5 million in an investment round including €4 million coming from Decathlon and €1 million from Via ID, a business accelerator that supports innovative start-ups in the field of new and sustainable mobility. Cyclofix, created by Alexis Zerbib in 2016, is ...
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News briefs
Huub launches a crowdfunding campaign
Huub, a British producer of apparel and accessories for endurance sports, has launched a crowdfunding campaign on Crowdcube. It hopes to raise at least £250,000 (€277,000-$327,000) so as to “continue to scale its direct-to-consumer offering, expand the product range in its fast-growing cycling category, cater for the increasing number of ...
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News briefs
Rawlings acquires Easton Diamond Sports
Rawlings Sporting Goods and Easton Diamond Sports have entered into a definitive agreement for Rawlings to acquire Easton, the American baseball and softball brand. The financial terms of the deal have not been disclosed. The existing shareholders of Peak Achievement Athletics, Easton’s parent company, will continue to participate as minority ...
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Article
WTO report examines IP in light of Covid
The Covid-19 pandemic has led national and regional intellectual property (IP) offices to expedite certain procedures relating to the use of patented devices and copyrighted materials. The Secretariat of the World Trade Organization (WTO) has published a paper sketching the background of its fundamental IP deal – the WTO Agreement ...
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News briefs
Garmin releases new smartwatch dive computers
Garmin International has released the next generation of its Descent dive computers and will soon release its Descent T1 transmitter, which connects to computers through the SubWave sonar device. Designed as smartwatches, the Descent Mk2 and Descent Mk2i have displays that are 36 percent larger than those of their predecessors, ...
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News briefs
Union Sport & Cycle announces new board members
The French Union Sport & Cycle has announced Pascale Gozzi of Sport 2000 and Julien Gauthier of Skiset as new vice-presidents of the organization following its recent general assembly on Oct. 13. They succeed Christophe Mostaert and Paul Andrieux, but both of them will remain in the board. Jérôme Valentin ...
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News briefs
Babolat signs deals for the APT Padel Tour 2021
Babolat and the American Padel Tour (APT) have agreed a new deal that makes the French company’s Babolat Court ball and Jet Premura APT shoes the APT’s official balls and footwear. Working with Michelin, Babolat has developed dedicated shoes for the game of paddle tennis, which is becoming more international. ...
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Article
Online sales and Rip Curl help Kathmandu
As expected, the acquisition of Rip Curl 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 months ...
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ArticleAdidas may offload Reebok by March
Naming Anta Sports Products and VF Corp. as potential buyers for the brand, Germany’s usually well-informed Manager Magazin reports that the Adidas Group is planning to sell its Reebok division by next March. A spokesperson for the group said the company has a policy of not commenting on press rumors, ...
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Article
Little harm for Fischer from Ukrainian plant fire
In its first statement since a fire broke out at its Ukrainian joint venture factory in Mukachevo during the night of Oct. 11 to 12, Fischer Sports said it is immediately relocating some of its ski production to its own Austrian plant in Ried. By adding labor shifts at both ...
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ArticleCalls for online marketplaces to proactively prevent the sale of fakes
The European Federation of the Sporting Goods Industry (Fesi) is urging the operators of internet platforms to undertake “due diligence obligations for preventive and proactive measures” to fight against the sale of illegal products online, while expressing strong support for the efforts being made by the European Commission to obtain ...
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News briefs
Uvex squeezes growth from a pandemic-dominated year
The Uvex Group’s total sales for its 2019-20 financial year amounted to about €480 million, up by about 1 percent year-on-year. The pandemic boosted sales in the company’s safety segment – responding to demand for respirators, wide-vision goggles, disposable protective gloves and coveralls – but depressed sales in such recreational ...
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News briefs
Forward wants to open more stores in Russia
Forward, a major Russian supplier of sports apparel, is planning to open new brick-and-mortar stores in its domestic market, focusing on cities with a population of more than one million people, as its offline sales have been recovering during the past few months, going back to pre-lockdown levels. Currently, the ...
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Article
Generally positive results for the Chinese sports brands
Chinese companies don’t publish detailed quarterly results, but all the four major public sporting goods companies except 361 Degrees had something positive to say in their preliminary operational updates for the third quarter of 2000, confirming the Chinese industry’s recovery from the coronavirus pandemic. Li Ning Company reported an improvement ...
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News briefs
Marcolin puts out high-tech Adidas snow goggles
As the new licensee for Adidas eyewear, the Marcolin Group has announced the availability of two Adidas Terrex Snow Goggle models, each with a different lens and both made in Italy. The E-SUNTM VARIATM lens on the SP0039 has a toric shape and adjusts in less than 40 seconds to ...
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News briefs
Zimtstern and the Swiss Bike School start cooperation
Returning to its roots in Switzerland, Zimtstern, the German-based bike clothing specialist, has entered into a long-term cooperation with the Swiss Bike School. The riding instructors from the school will be wearing Zimtstern’s mountain bike clothing with immediate effect. A special Teacher Edition has been designed for this purpose, based ...
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News briefs
Double-digit decline for Mammut
Conzzeta Group, the parent company of Mammut Sports Group, said revenues from the Outdoor segment, which only consists of Mammut, declined in the first nine months of this year by 20.0 percent in reported terms to 149.4 million Swiss francs (€139.3m-$163.2m), or by 17.5 percent in constant currencies and on ...
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News briefs
Ternua and Lorpen to sponsor the FFCAM
Ternua and Lorpen will be sponsoring the French Federation of Alpine and Mountaineering Clubs (FFCAM). The federation’s members – who amount to about 100,000 people, belonging to some 420 clubs – will be enjoying discounts from both brands. The deal takes effect this autumn, with joint initiatives to follow. France ...
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News briefs
ABG to handle Nordic e-tail for Rehband
The Active Brands Group Scandinavia (ABG) of Sweden has been handling the distribution in the Nordic and Baltic countries for a Swedish brand of knee sleeves and other compression gear, Rehband, since June. It is now taking charge of Rehband’s regional e-commerce operations as well, with a website that is ...
