All Sporting Goods Intelligence articles in Volume 32, Issue 29+30
View all stories from this issue.
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News briefs
Lidl offers golf in more European countries
Complementin what we reported yesterday, Lidl has launched a comprehensive range of clothing and accessories for amateur golfers in more than just two European countries. The products are now available in France, Germany, the U.K., Ireland, the Netherlands, Finland, Sweden, Denmark, Belgium, the Czech Republic, Spain, Poland and Slovakia. ...
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PDF NewsletterSGI Europe Executive Edition: Vol 32 - 29+30
Danish Sportmaster fit for the Nordics | XXL: Better margins, lower market shares | Lidl offers golf items in France and Germany | StockX reaches new milestones | Nike loses legal round on Dutch taxes | Puma, Crocs nearly doubled sales in Q2 | Plants close in Bangladesh and Vietnam | Recreational trends benefit Thule | New anglers help Rapala | Anta unveils 5-year strategic plan | ISPO Munich opens up to consumers | Home and commercial fitness can coexist | Opinion on the new EU distribution rules
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Short stops
July 20/22 Short Stops – Adidas – Canada Goose - Franklin Sports – Helly Hansen – Joma – Next Summer - Nobody’s Princess - Olympics – Puma - Shops 1st Try - Slinger Bag – Turtle Fur
Corporate : +++ Turtle Fur , a Vermont-based fleece headwear and outdoor accessories company founded in 1982, has engaged Venture 7 Advisors to help find a “philosophically aligned” buyer to take the brand to the next level +++ An Australian women’s skiwear start-up, Nobody’s ...
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Article
Expanded: Lidl launches a golf range in many European countries
After offering sports products for fitness, running, cycling, winter sports and more, Lidl has now launched a comprehensive range of clothing and accessories for amateur golfers in many of its stores in several European countries: France, Germany, the U.K., Ireland, the Netherlands, Finland, Sweden, Denmark, Belgium, the Czech Republic, Spain, ...
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News briefs
HRX is expanding its product offering
HRX, an Indian fitness brand owned by the Bollywood star Hrithik Roshan and Exceed Entertainment, has forayed into the category of sports and fitness equipment for home workouts. HRX ranges will now feature also dumb-bells, kettle-bells, yoga mats and skipping ropes. HRX was first launched in November 2013 on Myntra.com ...
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News briefs
Billabong collaborates with Wrangler
Billabong and Wrangler have released the first iteration of a new collaboration meant to blend the Western inspiration of the American brand of jeans with the surf culture of the Australian brand of board sports. They have come out with a first co-branded line of vintage jeans, boardshorts, denim jackets, ...
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News briefs
BH Fitness saw its revenues increase by nearly 70% during the pandemic
BH Fitness said its turnover jumped by 69.7 percent in 2020 as compared to 2019. The positive performance achieved by the Spanish fitness equipment company during the Covid-19 pandemic followed four consecutive years of decline. The closure of its subsidiaries in the U.S., China and Taiwan allowed BH to reduce ...
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News briefs
Puma develops spikes with a Formula 1 team
Puma has teamed up with the Mercedes AMG Patronas Formula One team to develop two new fast and light athletic spiked shoes with a strong suspension for the Tokyo Olympics. The Vospeed Tokyo Future Faster + and Evospeed Tokyo Future Nitro Faster + spikes will be worn by athletes such ...
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Article
OutDoor by ISPO 2021: More conference, less exhibition
The upcoming OutDoor by ISPO, dubbed the “Global Summit Edition” and scheduled to be held in Munich on Oct. 5-7, 2021, will focus more on the conference component in combination with the European Outdoor Summit and offer a scaled-down exhibition space with pre-built booths for a maximum of 80 to ...
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Article
IOC recognizes six new sports federations, adds ski mountaineering for Milano Cortina 2026
Six International Sports Federations (IFs) were granted full recognition by the International Olympic Committee (IOC) at its 138th session in Tokyo on July 20. The six new IFs are: the International Cheerleading Union (ICU), the International Federation of Muaythai Associations (IFMA), the International Sambo Federation (FIAS), the International ...
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News briefs
An Austrian women’s soccer club wins a Sport 2000 team bus
In a campaign to support and appreciate the added value provided by local sports clubs to society, Sport 2000 searched for the most popular club among the 15,000 team sports clubs operating in Austria through an online poll. Among the nearly 100 teams that applied to participate in the challenge, ...
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News briefs
Kassia Davis buys PF Flyers from New Balance
Kassia Davis has bought the 84-year-old PF Flyers brand of sports shoes from New Balance. She is a daughter of Jim Davis, controlling shareholder and chairman of New Balance, where she worked in a variety of positions for ten years until 2019. She then founded KADA, a brand of sustainable ...
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News briefs
JD Sports invests in Gym King
JD Sports Fashion has announced the acquisition of a “significant” minority stake in Gym King. Founded in 2015 by Jay Parker, Gym King is a U.K.-based brand of athleisure and performance wear. The deal is supposed to support Gym King’s growth and international expansion in the U.S., Europe and Asia, ...
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News briefs
L Catterton reportedly mulls IPO
L Catterton, the U.S.-based equity investment group partly owned by LVMH and the family holding company of its CEO, Bernard Arnault, has been conducting preliminary discussions with banks about a possible initial public offering, according to Reuters. The investment group’s assets of more than $28 billion include a recently acquired ...
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News briefsAsos warns of volatility ahead while global sales rise
Asos, the British online fashion retailer, warned of volatility in the months ahead, due to the rapidly evolving Covid situation worldwide, as it reported a rise in sales and maintained its guidance for annual profits. It pointed out that profits were being squeezed by increased freight costs and global supply ...
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News briefs
Expo Riva Schuh closes with 406 exhibitors and 2,700 visitors
The 95th edition of Expo Riva Schuh and the 6th edition of Gardabags attracted over 2,700 visitors from 79 different countries, confirming their international reach despite the travel limitations caused by the Covid-19 pandemic. Buyers came from Europe - especially Italy, Germany, Poland, Spain, France and the Netherlands - as ...
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Article
StockX reaches new milestones, thanks to diversification
In a mid-year Snapshot of its “Culture Index,” which was first launched last year, StockX reported a 90 percent increase in the gross merchandise value (GMV) going through its marketplace in the first half of 2021, led by a growth of 250 percent from “emerging categories” such as gaming consoles, ...
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News briefs
BrandFusion will sell Champion and O'Neill shoes in the Netherlands
A Dutch sales agency, BrandFusion, has agreed to include the footwear collections of Pantofola d’Oro, Champion and O’Neill in its product portfolio for the Dutch market, according to Sport Partner. These brands are licensed for various territories by the five-year-old Brandsplus Group, which is also the distributor of Fila in ...
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Article
More Chinese firms guide for better results
Xtep International is guiding for an increase of at least 65 percent in net income for the first half of 2021, thanks to better-than-expected revenues and higher gross margins. The company, which has also a joint venture with Wolverine Worldwide for China, had reported a profit of 247.9 million yuan ...
