All Sporting Goods Intelligence articles in Volume 31, Issue 45+46 – Page 5
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ArticlePoland’s Martes launches Fitanu.com offline
The Martes Sport Capital Group, the leading sporting goods retailer in Poland, opened its first Fitanu.com brick-and-mortar store on Saturday, Nov. 28, complementing its two-year-old web store by the same name. The company said the customers’ initial feedback was positive. Martes had planned to launch the new premium concept offline ...
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Article
Sportmaster exits China, while expanding west
The leading Russian sporting goods retailer, Sportmaster, has completely stopped operating in China, says Ilya Titarenko, distribution director of the comany, in discussing with us the company’s expansion outside its core market in the former Soviet Union, including Uzbekistan most recently. Back in 2014, Sportmaster opened seven stores in the ...
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Article
Fishing equipment market to grow by 4% CAGR in 2021-2027
According to a new report by Allied Market Research, a market research and business-consulting wing of Allied Analytics, the global fishing equipment market will grow by a compound average annual growth rate (CAGR) of 4 percent from 2021 to 2027, reaching $16.10 billion by 2027. The emergence of innovative fishing ...
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News briefs
The Italian bicycle market will grow by 20% in 2020
According to data from ANCMA (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, sales of bicycles in Italy are expected to increase by 20 percent this year as compared to 2019. The pandemic provided the primary drive for the growth, followed by a mobility bonus that was allocated by ...
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News briefs
Technogym partners with Saudi Arabia’s largest fitness chain
Technogym has agreed a five-year agreement with Fitness Time, the largest network of sports and fitness clubs in Saudi Arabia, with a staff of over 2,600. The contract makes the Italian fitness company Fitness Time’s exclusive supplier for all its 138 existing clubs and future ones across the Kingdom of ...
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News briefs
Adidas is a new founding partner of the Global Sports Week
Adidas has been announced as a new founding partner of the Global Sports Week (GSW) in Paris. The German sportswear giant joins the other founding partners of the event, which are the French Ministry of Sport, the French banking group BPCE, and EGG Events. The first edition of GSW Paris ...
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Article
WHO issues tougher physical activity guidelines
The World Health Organization (WHO) has released a new version of its recommendations on the amount of physical activity that is required to offer significant health benefits and mitigate health risks. According to the agency, four out of five adolescents and one out of four adults are not practicing enough ...
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News briefs
Schmidt-Eisenhart will be Calida’s new CEO
The board of directors of the Swiss Calida Group, which is about to take full ownership of the Lafuma Group with its outdoor brands Millet and Lafuma, has appointed Timo Schmidt-Eisenhart, a veran of Nike and VF Corp. as its chief executive. He will succeed Reiner Pichler in the first ...
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News briefs
Lycra creates Chief Innovation Officer position
The Lycra Company has appointed Steve Stewart as chief innovation officer, a newly created position in which he will be responsible for leading the company’s technology and strategic marketing teams. Stewart will also be responsible for accelerating the pace of development of innovative products and platforms for brands and retailers. ...
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Article
Germany calls for a European stance on ski tourism
German Chancellor Angela Merkel is calling for a joint decision by the member countries of the European Union to keep their ski resorts closed until at least the end of the year, in order to minimize contamination from Covid-19 among skiers, but she has some opponents. She has the backing ...
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Article
Few sports brands in the Dow Jones Sustainability Index
Sustainability has become an increasingly important issue in the sporting goods sector. However, after being on the list for 20 consecutive years, Adidas is absent from this year’s Dow Jones Sustainability Index (DJSI). The annual DJSI, which has reached its 21st edition, assesses the sustainability performance of the largest 2,500 ...
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