All Sporting Goods Intelligence articles in Volume 31, Issue 41+42

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    SGI Europe Executive Edition: Vol 31 - 41+42

    2020-11-12T22:21:00Z

    VF buys Supreme | Adidas approaches “normalization” | New initiatives by Sport 2000 | EU expands Amazon probe | Big growth for Alibaba, Zalando | Wouters will lead Rossignol | Covid boosts bike makers’ results | Callaway, Acushnet benefit, too | Asics improves only in running | Wolverine better than expected | WFSGI’s monthly Covid survey

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    PRODUCT

    2020-11-12T17:27:00Z

    +++ The winners of this year’s Polartec Apex Design Awards include items by 66 North, Burton, Karpos, K-Way, Prana, Santini, Snow Peak and, well, Supreme (more details in The Outdoor Industry Compass) +++ Specialized uses Polartec Neoshell in a new range of mountain bike clothing for the current season +++ ...

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    LEGAL & INSTITUTIONAL

    2020-11-12T17:20:00Z

    +++ The Rugby League World Cup 2021 will host the first ever Physical Disability Rugby League World Cup as an exhibition event during the main tournament, starting on Nov. 1st, 2021 +++ According to an exclusive report by insidethegames.biz, the International Olympic Committee (IOC) has warned sports federations not to ...

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    MARKETING

    2020-11-12T17:19:00Z

    +++ Ping has announced a “lifetime” contract with Bubba Watson, the American professional golfer who plays on the PGA Tour, who will therefore represent the company also beyond his expected PGA Tour career +++ Bridgestone Golf has signed long-term contract extensions for Tiger Woods and Bryson DeChambeau to continue using ...

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    DISTRIBUTION

    2020-11-12T17:19:00Z

    +++ Duca del Cosma, the Italian brand specializing in golf fashion, will now sell its golf shoes also at the PGA Tour Superstores in the U.S.+++ Avanti will be the Swiss agent for Kabooki’s Lego-Wear collection +++ Emporio will distribute the skateboarding socks of Merge4, a Californian B Corp, in ...

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    RETAIL

    2020-11-12T17:15:00Z

    +++ While expanding into the southern part of Germany, Decathlon is opening its second Austria store at a former Sports Direct location in the Stadlau industrial park north of Vienna, and it will be followed by one in Klagenfurt next year +++ Printemps has announced plans to shut down three ...

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    CORPORATE and M&A

    2020-11-12T17:11:00Z

    +++ The Frasers Group, which owns the Sports Direct chain, has reportedly pulled out of a race for the control of the Debenhams department store, feeling that the auction price of £300 million is too high, but it has double its stake in Mulberry +++ Likely to face a surge ...

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    A glimpse into next year’s Ispo shows

    2020-11-12T16:30:00Z

    The three top executives of Messe München charged with Ispo’s development and digital transformation – Tobias Gröber, Jeanettee Loos and Markus Hefter – gave a few details about the format of the next Ispo Munich and OutDoor by Ispo shows at the end of the virtual general assembly of Assosport, ...

  • News briefs

    K-Swiss partners with Venus Williams

    2020-11-12T12:14:00Z

    K-Swiss has signed an endorsement deal with Venus Williams. The tennis star is appearing in the brand’s “Club K-Swiss” marketing campaign to support a limited-edition collection of apparel with her own apparel brand, EleVen by Venus Williams. Items include the School Pride Varsity Sweater, the Razor Tank, the Racing Stripe ...

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    Alibaba enjoys record Singles Day, but its market cap drops

    2020-11-12T12:14:00Z

    This year’s Singles Day raked in a gross merchandise volume (GMV) of 498.2 billion yuan (€63.67bn-$75.19bn) for Alibaba up sharply from the RMB 268.4 billion reported a year ago. The rival Chinese e-tailer Jd.com had sales of about ¥271.5 billion (€34.71bn-$40.99bn). Lasting 11 days this year, Alibaba’s Chinese sales festival ...

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    Accell Group raises guidance as sales surge

    2020-11-12T12:13:00Z

    In an operational update, Accell Group said that it is raising its guidance after sales from July to October jumped by 38 percent from the year-ago period because of the post-Covid boom in the bicycle sector. Since January, the Dutch company’s revenues have progressed by 16 percent. The operating profit ...

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    WFSGI’s October Covid-19 survey shows shifting trends

    2020-11-12T12:13:00Z

    “The industry has a plan, but will need time to adopt and adapt to changes triggered by the pandemic.” This is the summary of the conclusions drawn by the World Federation of the Sporting Goods Industry (WFSGI) based on the results of the October edition of its WFSGI Covid-19 ...

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    Giant Group’s sales are boosted by Covid-19 situation

    2020-11-12T12:13:00Z

    The Giant Group saw its revenues increased by 14.6 percent to 19.47 billion Taiwan dollars (€578.1m-$682.8m) in the third quarter. The growth was primarily driven by the surge in the demand for bicycles and e-bikes in key markets due to the pandemic, with consumers increasingly using bikes for health and ...

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    Sport 2000 Austria leads the charge in international buying

    2020-11-12T12:07:00Z

    The collaboration among the national Sport 2000 organizations has reached a new milestone with a decision to let Sport 2000 Austria coordinate purchases of snow sports products for the autumn/winter 2021/22 season on behalf of Sport 2000 retailers in Germany and seven other countries. If it works out ...

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    EU estimates that Amazon broke competition rules

    2020-11-12T08:58:00Z

    The European Commission believes that Amazon violated competition rules by unfairly benefiting from non-public data on independent sellers who use its marketplace, it said in its preliminary findings from an antitrust investigation it has been conducting against the American e-commerce giant since last year. The European Union’s executive body added ...

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    Anna Ferrino will run Assosport

    2020-11-12T08:41:05.620Z

    Anna Ferrino, the 58-year-old president of the eponymous Italian brand of outdoor products, has been elected as the new president of Assosport, the Italian sporting goods industry association. After four years on its executive board, she is taking the place of Federico De Ponti for the next two years. Anna ...

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    Peloton partners with Beyoncé

    2020-11-12T08:41:00Z

    Peloton, the interactive fitness platform, has announced a new multi-year partnership with Beyoncé for the creation of a series of exercise classes “rooted in music.” Beyoncé is the most requested artist by Peloton’s global community of more than 3.6 million members, Peloton said. The pair have created themed workout classes ...

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    Moncler adopts a composite fabric for its latest skiwear

    2020-11-11T18:34:00Z

    Moncler has incorporated a breathable, lightweight, waterproof composite fabric called Dyneema into its new, functional Grenoble skiwear collection for autumn/winter 2020. Produced by Royal DSM, Dyneema is purportedly the world’s strongest and lightest fiber – both 15 times stronger than steel and less dense than water. In other words, it ...

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    ​Roger Pirot, Salomon’s commercial director for 15 years, has died

    2020-11-11T18:33:00Z

    Roger Pirot, who served as commercial director at Salomon from 1965 to 1980, has passed away. He was 93 years old. Pirot, who joined Salomon at the age of 38, directly participated in the establishment of Salomon’s subsidiaries in Japan, Switzerland and the U.S. During his tenure, the staff of ...

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    Odlo is POW’s latest partner

    2020-11-11T18:18:00Z

    The environmental NGO Protect our Winters (POW) has entered into a long-term partnership with Odlo, effective immediately. The cooperation is embedded in a long-term sustainability strategy by Odlo that is intended to redesign the brand’s presence in the market and in society, according to Knut Are Høgberg, chief executive of ...