All Sporting Goods Intelligence articles in Volume 31, Issue 5-6 – Page 2

  • News briefs

    The figures for Ispo Munich

    2020-02-11T09:45:00Z

    Messe München reports that about 80,000 people from 120 countries passed through the turnstiles on a daily basis at the latest edition of the Ispo Munich trade show. This figure is down from 80,200 a year ago. The number of visitors from Germany was down to 30 percent from 31 ...

  • News briefs

    New action by Adidas for the environment

    2020-02-11T09:45:00Z

    Adidas has announced a new milestone for 2020, as more than 50 percent of the polyester used in its products will come from recycled plastic waste, said the company. This means that the sportswear giant will be on track to meet its goal of using only recycled polyester in all ...

  • News briefs

    New tool to track sustainability

    2020-02-11T09:44:00Z

    The United Nations Global Compact and B Lab have launched the SDG Action Manager, a new web-based tool that enables businesses to track their progress on Sustainable Development Goals (SDGs). The impact management solution is available in five languages and is free to access for companies of all sizes worldwide. ...

  • News briefs

    Asics manages climate risks

    2020-02-11T09:42:00Z

    Asics has been awarded a position on the Supplier Engagement Leaderboard by CDP, a global environmental impact non-profit organization. CDP assessed more than 4,800 companies in order to assign them a Supplier Engagement Rating, which was based on answers to questions regarding targets, governance, scope 3 emissions, and value chain ...

  • News briefs

    EU calls for better ideas on sustainability

    2020-02-11T09:35:00Z

    The European Commission is seeking sustainable fashion ideas. This year’s European Social Innovation Competition has the theme “Reimagine Fashion: Changing behaviors for sustainable fashion,” and is seeking early-stage initiatives to reduce fashion’s environmental footprint and improve its societal effects. Solutions must be scalable at the local, national or European levels. ...

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    PDF Newsletter

    SGI Europe Newsletter: Vol 31 - 05+06

    2020-02-10T23:12:00Z

    Gresvig goes bankrupt | XXL seeks new funds | A review of the Nordics and Russia | Rising Sport 2000 crosses borders | Intersport Germany grows by 3% | Signa expands in Spain, Switzerland | Virus cancels Ispo Beijing | New co-chairs for WFSGI Ispo will work for equality | A rule change to deal with Nike | BenQ launches new membrane

  • SportScheck
    Article

    The German Cartel Office blesses Signa’s takeover of SportScheck

    2020-02-10T21:35:00Z

    Following a comprehensive investigation, the German Cartel Office has concluded that the planned acquisition of SportScheck by the Austrian-based Signa Retail Group via its Galeria Karstadt Kaufhof subsidiary can go ahead as the new conglomerate resulting from the transaction will have a market share of less than 15 percent in ...

  • gresvig
    Article

    Gresvig goes bankrupt

    2020-02-10T21:17:00Z

    A new, unnamed strategic investor is in line to take over majority control over the Gresvig Retail Group, according to our sources. The second-largest Norwegian sporting goods retailer, which recently decided to rebrand all its stores to the Intersport banner (SGI Europe Vol. 30 N° 29+30 of Aug. 29, 2019), ...

  • XXL
    Article

    XXL looks for new funds, launches massive clearance

    2020-02-10T21:04:00Z

    XXL ASA is still stuck in a downward spiral and is taking drastic steps to try and stop it, including a search for new “sustainable” sources of liquidity other than new equity. A decision in this respect is expected to be taken during the present quarter, said the management, declining ...

  • norway_1_3_1
    Article

    Many factors at the root of the Norwegian problem

    2020-02-10T20:40:00Z

    Recent consequences of climate change aside, Norways’ two major competitors in the sporting goods market, Gresvig and XXL (see the related articles in this issue), have been caught in a “perfect storm” of troublesome factors, according to two experts: Trond Hansen, CEO of the Norwegian sporting goods industry association, Sportsbransjen, ...

  • Article

    Swedish and Finnish retailers were better off

    2020-02-10T20:16:00Z

    According to preliminary figures, retail sales of sporting goods declined more or less by 0.7 percent in Sweden and by 0.3 percent in 2019, compared with a drop of 3.5 percent in Norway. 

  • Article

    Warm winter kills the demand for sporting goods in Russia

    2020-02-10T20:13:00Z

    Sales of goods for winter sports have shrunk by 22 percent in the European part of Russia during the current autumn/winter season, according to research conducted by a Russian online marketplace, Avito.

  • Sport2000-Logo-2
    Article

    Sport 2000 increases cross-border cooperation

    2020-02-10T20:11:00Z

    Reporting growth of 8 percent in retail sales to €4.94 billion including VAT across Europe in 2019, driven by Germany, Sport 2000 International is working on creating a more integrated, vertically oriented retail service organization with a strong international brand, offering new and flexible ways to approach consumers.

  • Sport2000-Logo-2
    Article

    First Sport 2000 Absolute Teamsport store opened in Austria

    2020-02-10T20:08:00Z

    The first Austrian store under the umbrella of the “Absolute” business concept developed by Sport 2000 International opened its doors on Feb. 6 in the Weberzeile shopping mall in Ried im Innkreis. With an area of 250 square meters, the new Absolute Teamsports specializes exclusively on team sports.

  • Intersport-Logo-220px
    Article

    Intersport grows by 3 percent in the 5-country group

    2020-02-10T20:04:00Z

    Intersport Germany has made a strategic decision to concentrate on fewer brands that can “tell a story” to counter the rapid expansion of Decathlon in its territory. In collaboration with Adidas, it is launching in March an emotional, youth-oriented brand-building campaign around running for German television, to be followed by ...

  • signa_logo_kopie
    Article

    Signa expands in Spain and Switzerland

    2020-02-10T20:00:00Z

    Signa, the Austrian-based real estate and retail giant is further expanding its reach beyond the core German market with a small acquisition in Spain and a bigger one in Switzerland.

  • China Corona
    Article

    No Ispo Beijing and supply chain bottlenecks due to coronavirus

    2020-02-10T19:28:00Z

    The new Chinese pandemic – declared a global health emergency by the World Health Organization on Jan. 30 – is starting to put the brakes on the Chinese economy’s robust growth in terms of consumption, production and international trade in the sporting goods sector and others, with major consequences for ...

  • Article

    Two Asian co-chairs will lead the WFSGI

    2020-02-10T19:25:00Z

    It was Asia’s turn to take on the chairmanship of the World Federation of the Sporting Goods Industries (WFSGI) for the next three years, after Europe and the Americas. Partly in view of the Olympic Games that will be held in Tokyo this year and in Beijing two years later, ...

  • Article

    Ispo will work for equality and sustainability

    2020-02-10T19:17:00Z

    While reiterating its intention to open itself up to other areas of the wider sports business besides the sporting goods market, which it has been covering for the past 50 years, the management of Ispo made solid new commitments in the areas of sustainability, social responsibility and diversity during the ...

  • Article

    Skechers invests in omni-channel

    2020-02-10T19:14:00Z

    In reporting a strong 23.1 percent increase in overall revenues to $1,330 million for the fourth quarter of 2019, Skechers’ management revealed that it is developing a new omni-channel retailing platform where its brick-and-mortar stores will be more integrated with its e-commerce operations.