All Sporting Goods Intelligence articles in Volume 31, Issue 47+48 – Page 4
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News briefs
A collective e-commerce platform for Spanish buying groups
Many Spanish independent sports retailers do their purchasing through a variety of buying groups. Diffusion Sport reports that Spain’s National Association of Buying Groups and Organized Commerce (Anceco) has brought to fruition a two-decade-old idea to gather SMEs with similar profiles into a collaborative scheme to enable them to compete ...
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News briefs
Slinger Bag pursues its international expansion
Slinger Bag, is widening further the international reach of its portable tennis ball launcher through an exclusive five-year distribution agreement with Color Sports, which will be covering the Gulf States of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE), as well as the markets of Egypt, Tunisia, ...
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Article
Vaha secures new funding round, bringing in Porsche Ventures
Vaha, a German start-up that launched an interactive mirror for home fitness, has completed a Series-B financing round, led by Unbound, a London-based investment founded by Shravin Mittal. Porsche Ventures, the investment unit of the Stuttgart-based car maker, emerged as a new investor in this round, alongside two existing investors, ...
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ArticleJD Sports expands on the U.S. West Coast by acquiring Shoe Palace
JD Sports Fashion has announced the acquisition of Shoe Palace, which describes itself as “one of the most trusted athletic footwear and apparel retail chains in the United States,” and other assets in a cash and stock deal worth over $680 million in total. Acting through a wholly-owned holding company ...
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News briefs
Therabody has been chosen by Real Madrid as an official sponsor
Therabody has announced that the Real Madrid football club has chosen the American percussive massage brand as its official tech wellness partner. The relationship will see the Theragun Pro Wave Roller, Theragun Mini and newly acquired Recovery Pump integrated into the club’s training sessions. The new partnership aims to improve ...
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News briefs
Jordan Wings lands in France
The Jordan brand, which is part of Nike, has announced the launch of its Jordan Wings programs in France through multi-year collaborations in Paris with three local educational partners: Prométhée Education, Le Bal and Casa93. Wings, which Nikes describes as the cornerstone of the Jordan brand’s community impact platforms, focuses ...
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News briefs
Moncler opens its largest store, but another one is sacked
A band of a dozen individuals entered a Moncler boutique on boulevard Saint-Germain, in the elegant and trendy 6th district of Paris, in the afternoon of Friday, Dec. 11 and stole as many jackets of the brand as they could in a matter of seconds. The hooded individuals required the ...
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News briefs
Ashley and ABG vie for Debenhams and Arcadia
Mike Ashley, the acquisitive boss of Frasers Group who is bidding for Debenhams, the biggest and oldest British department store chain, is reportedly interested now also in some of the assets of Arcadia, the bankrupt fashion retailing group that holds the largest number of concessions in Debenhams stores. His interests ...
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ArticleWintersteiger’s new drying tech dispenses with chemicals
Wintersteiger, the Austrian manufacturer of special machinery, claims to have done away with chemicals in sterilization. Sterex, as its new system is called, uses cold plasma to eliminate up to 99.9 percent of the microorganisms found in skis and other products, among them the multi-resistant bacteria known as hospital germs ...
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Article
New anti-Covid measures in Germany, Spain opens up
In concert with the governments of the individual Länder, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. Opticians and bike repair shops are mentioned among the few exceptions. The new restrictions came after a spike ...
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News briefs
Erreà will dress up the weaker Uefa teams
Erreà Sport has been chosen as an official supplier of the Uefa Kit Assistance Scheme for Europe’s national associations. The partnership will run from 2022 to 2026. Uefa’s Kit Assistance Scheme, which has been in operation since 2007, is part of the European football federation’s support of national teams. Its ...
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News briefs
Adidas confirms options for Reebok
Confirming previous media reports, the Adidas Group says that it has started considering various options for its Reebok brand, including a possible sale. “As part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok. These strategic alternatives include both a potential sale ...
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News briefs
Keen remains one of the most admired companies in the state of Oregon
Keen Footwear has been named one of the most admired companies in the U.S. state of Oregon in 2020 by the Portland Business Journal for the third year in a row. According to the 400 respondents to an annual survey, Keen is regarded as one of the most caring businesses, ...
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News briefsArc’teryx aims for Fair Trade certification
With a goal of having 80 percent of its products certified by Fair Trade by 2025, Arc’teryx has announced plans to get three production facilities in Vietnam converted in order to obtain the label in the coming year. The move comes as part of the company’s response to the global ...
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Article
EU, UK extend Brexit trade talks in effort to avoid a “no deal”
The United Kingdom and the European Union had decided to wait until Sunday, Dec. 13 to find a compromise on a trade agreement that would go into effect on Jan. 1. The European Commission’s president, Ursula von der Leyen, said the negotiators will continue to work into this week and ...
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Article
The U.K. reaches trade accord with Vietnam, but a deal with EU is unlikely
After a dinner in Brussels on Wednesday night, British Prime Minister Boris Johnson and Ursula von der Leyen, the president of the European Commission, both indicated that the likelihood of “no deal” between the U.K. and the European Union has increased. Von der Leyden said that a final decision will ...
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Article
EU to cut greenhouse emissions, Brooks and Vaude sign the Climate Pledge
The 27 members of the European Union agreed on Dec. 11, after a night of negotiations, to reduce by at least 55 percent their greenhouse gas emissions by 2030, compared with 1990 levels, increasing the target from a previous objective of 40 percent. “Europe will reduce emissions by at least ...
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ArticleStrong finish to a tough year for Johnson Outdoors, especially in diving
Strong demand for fishing, camping and watercraft recreation products drove significantly higher sales and profits for Johnson Outdoors’ fiscal fourth quarter. The management said that the demand picked up in the second half of the year after a difficult second quarter, at the onset of the pandemic. After lockdowns eased, ...
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News briefs
Wildberries has begun to sell sporting goods in Israel
Russia’s biggest online retailer, Wildberries, has stepped up its international expansion by entering the Israeli market, the company said in a statement. The company will be offering buyers in Israel up to 5 million items from 39,000 brands, including sports products, clothing, toys and household appliances. Purchased items are to ...
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Article
Russian law enforcement agencies keep seizing untagged shoes
Russian police have seized big batches of counterfeit shoes in St. Petersburg and in the Chelyabinsk and Novosibirsk regions. In Novosibirsk, for example, police officials seized 1,338 pairs of shoes that didn’t have the QR codes that became mandatory in Russia on July 1 to help wipe out counterfeit shoes ...
