All Sporting Goods Intelligence articles in Volume 31, Issue 43+44
View all stories from this issue.
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ArticleA shorter retail lockdown will benefit the trade
Fortunately for European sporting goods retailers, the second wave of the coronavirus pandemic appears so far to have been more manageable, leading some governments to relax a ban on sales of non-essential products in physical stores after only about one month of enforcement – a lot less than during the ...
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MARKETING
+++ Puma mourns the death of Diego Maradona, the Argentinian football legend whom it has sponsored from the start +++ Castore will replace Adidas as the kit sponsor of the Wolverhampton Wanderers football team for several years in a deal said to be worth £1 million +++ Intersport France has ...
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TRADE FAIRS & CONFERENCES
+++ The Cycle Show in London , which is now scheduled for June 24-27, 2021, will add a trade day on June 24, strictly reserved for IBDs and other cycle retailers, plus the members of the press +++
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PRODUCT
+++ Britain’s Topshop launches activewear for yoga, winter walking and similar activities ++ Duca del Cosma has launched a range of golf gloves +++
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RETAIL
+++ XXL Sports & Outdoor has commissioned a 7,000-square-meter, robotized warehouse for the Austrian market that will open next year in Enzersdorf, near Vienna’s airport +++ Daka Sport, the Dutch retailer, has completed the transformation of four Sportsworld stores it had acquired last year with its new Daka Megastore in ...
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EXECUTIVE CHANGES
+++ Jessica Lomax is leaving as Nike ’s senior creative director for women’s sportswear apparel to become the global head of design for Calvin Klein +++ Creating a new position, Hydrow has appointed a chief commercial officer, Gretchen Saegh-Fleming , who was previously the chief commercial officer of ...
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CORPORATE
+++ GoPro plans to offer $100 million worth of convertible senior notes due in 2025, unless converted or redeemed earlier, through a private placement with qualified institutional investors, plus an over-allotment option for an additional $15 million +++ Wells Fargo has upgraded Under Armour ’s stock, indicating that ...
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News briefs
Tecnica among the most performing firms in Italy’s northeast
Tecnica Group has been ranked among the 100 top-performing companies in Italy’s Triveneto area for 2019. The ranking is available in TOP 100, a special supplement that the Gedi publishing group has devoted to the best-performing companies in Italy’s northeast. The supplement has been on sale since Nov. 20 with ...
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Adidas launches its first road cycling shoe since 2005
Evidently responding to the booming demand for cycling products, Adidas is releasing the Road Cycling Shoe, its first since the launch of the Adistar Road SL over 15 years ago. The upper of the Road Cycling Shoe is made from Primegreen, which the company claims to be a 100 percent ...
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AnalysisAnalysis: The European Sports Retail Market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major sporting goods retailers in 15 European countries.
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News briefsTecnica comments on Blizzard's situation in Austria
Earlier this week, some media reported that the ski manufacturer has stopped production at its Tecnica Group Ski Excellence Center in Mittersill, Austria, which has triggered various suspicions and rumors because of the Covid-19 situation. The Tecnica Group has now officially commented and clarified that the Tecnica Group ...
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News briefsKathmandu’s revenues keep surging thanks to Rip Curl
After registering record sales for its financial year ended on July 31, boosted by the acquisition of Rip Curl in October 2019, Kathmandu Holdings kept the momentum going during the start of its new financial year. In a trading update, the company said that its revenues for the first fiscal ...
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Annecy Days trade show scheduled for January
A number of snow sports brands have come together to organize a new physical edition of the traditional Annecy Days. Scheduled for Jan. 11-12, the French trade show will be patterned after ASAP but be limited to B2B dealings at the brands’ permanent or temporary showrooms in the French city ...
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Amazon launches its IP Accelerator in Europe
Amazon has launched its Intellectual Property Accelerator (IP Accelerator) in France, Germany, Italy, Spain, the Netherlands and the U.K. A version of it has been operational in the U.S. since 2019. The stated purpose is to connect small and medium-size enterprises (SMEs) with a “curated network” of European law firms ...
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News briefsZipfit hires new managers
Zipfit, an American producer of ski boot liners has boosted its management. The company has hired Chris Dominick to become its managing director and head of North American sales. Dominick is notably the co-founder of Wise Bar, a “superfood” bar in Colorado. Zipfit has also hired Thomas May, now director ...
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New MD for the German Bicycle Industry Association
Burkhard Stork will serve as the new managing director of the Zweirad-Industrie-Verband (ZIV) , the German bicycle industry organization, as from March 2021. Stork is currently federal managing director (MD) of the General German Bicycle Club ( ADFC ), the country’s largest bicycle lobby group, which he has been ...
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PDF NewsletterSGI Europe Executive Edition: Vol 31 - 43+44
Euro retailers’ market shares | A shorter retail lockdown | NPD: The market grew in Q3 | Fesi puts out Covid survey | Foot Locker’s sales soar | Sport24 plans move abroad | Shuhe24 buys bike e-platform | Tradeinn uses Klarna | Arc’teryx opens DTC Icon store | Brooks grows by 49% | Fila down by 7% in Q3 | Goldwin’s profits down | Sumitomo raises guidance | Vulcabras’ revenues up in Q3 | Losses continue for Yue Yuen | Covid-inspired trends | EU issues IP action plan
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News briefs
Report: JP Morgan looking for Reebok’s new owner
Indicating that the sale of Reebok may only fetch around $1 billion for the Adidas Group , The New York Times reports that it has retained JP Morgan Chase to assist in the process. That would be a big discount on the $3.8 billion that Adidas had ...
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Article
EU issues a new IP Action Plan, Fesi wants more
The European Commission has adopted a new Intellectual Property (IP) Action Plan to help fight against counterfeiting which includes the establishment of a new EU Toolbox against these practices. The Federation of the European Sporting Goods Industry (Fesi) welcomes the initiative as “a good first step,” but feels ...
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EU to rule on Fitbit’s takeover in 2021
The European Commission’s anti-trust authorities are no longer expected to complete their Phase Two review of Google’s proposed acquisition of Fitbit by the end of this year, as previously reported. According to CTFN, the American information service on mergers & acquisitions, it will rule on the issue on Jan. 8 ...
