All Sporting Goods Intelligence articles in Volume 32, Issue 29+30 – Page 3
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Article
FIS sets up new working groups and an office in Beijing
The International Ski Federation (FIS) has opened a 400-square-meter liason office in Beijing, following the formation of a China Working Group at a recent meeting of the FIS Council, led by one of the council’s members, Moses Liang-Cheng Zheng. The announcement was made at a Chinese National Snow Sports press ...
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Article
Teyssier becomes Puma’s general manager for Europe
Puma has appointed a new general manager for Europe, Richard Teyssier, effective from Sept. 1, taking over many of the functions of Arne Freundt, who joined the executive board as chief commercial officer of the company in June. Teyssier, 53, has served as area general manager for Puma France since ...
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ArticleVollebak introduces sweaters made from old bulletproof vests and firefighting gear
Vollebak, a five-year-old British brand of sustainable men’s sports and adventure wear, is launching a line of sweaters made from old bulletproof vests and firefighter suits. The Garbage Sweater is made from 70 percent recycled meta-aramid and 30 percent recycled para-aramid fibers. Firefighter suits are typically made of meta-aramid, which ...
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News briefs
Pomoca builds new headquarters and production site
Pomoca, a specialist in ski mountaineering skins that has been part of the Oberalp Group since 2011, is building a new factory and a new head office in Chavornay, about 25 km north of its current production and administration site in Denges, near Lausanne, Switzerland. According to a company statement, ...
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News briefsArc’teryx opens new NY location, rebranding its Icon Stores as Arc’type
Located across from Central Park in the Upper West Side of New York, Arc’teryx Equipment has just opened a newly rebranded micro-store concept called Arc’type, centered around the brand’ s most renowned designs. It features a curated selection of just 22 items, ”specifically selected to help introduce guests to Arc’teryx ...
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News briefsHeiQ and Lycra to collaborate across technologies and brand platforms
HeiQ and The Lycra Company have entered into a broad-based collaboration across multiple technology and brand platforms to bring more of their textile technologies to consumers. Building on exploratory discussions that started in early 2019, HeiQ and Lycra have elected to leverage their shared philosophies and strengths in textile science, ...
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News briefsNew database for microfiber shedding and standardized tests
After a joint effort of The Microfibre Consortium (TMC) and its members, a wide database, called the TMC Fibre Fragmentation Data Portal, and a globally aligned and standard test method have just been released to help determine the level of microfibers shed from fabric during domestic laundering. ...
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News briefsUSWE acquires VOID Cycling from Tenson
On July 16, USWE Sports, a company founded in Skåne, Sweden, in 2007, signed an agreement to acquire VOID Cycling, founded in Gothenburg in 2014, from Tenson and Color Group. Both USWE and VOID are strong in e-commerce and have each established a global presence. The merger follows a collaboration ...
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ArticleNew anglers help Rapala reel in strong H1 sales rise
Rapala VMC, the Finnish-based fishing tackle company, reported a sharp rise in first-half sales, driven by strong demand for fishing gear from new anglers as a Covid-safe activity. Sales for the six months to June 30 increased by 36 percent to €159.6 million. The bottom line turned around to a ...
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Article
Puma’s sales nearly doubled in Q2
In advance of its financial release for the second quarter ended June 30, which is scheduled for July 29, Puma announced on July 16 that it will report an operating profit (Ebit) of about €109 million for the period, compared with a loss of €115 million a year earlier, on ...
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Case StudyHow Bike24 is capitalizing on a global boom in bike sales
As the pandemic fuels a craze for cycling, Europe’s biggest online marketplace for bikes makes an impressive stock market debut.
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News briefs
Sportmaster invests to popularize sports lifestyles in Russia
Sportmaster, the biggest sporting goods retailer in Russia, says it has built 825 sporting grounds in 76 Russian cities to make sports more accessible and popular for local citizens. The eventual target is to ramp up this figure to 1,000 sporting grounds in 100 cities. Sportmaster said that these sporting ...
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Article
One more step toward the sale of Go Sport
French anti-trust authorities have authorized the proposed takeover of Groupe Go Sport, one of the major sports retailers in France, by Financière Immobilière Bordelaise (FIB), a real estate-based investment fund controlled by a rich businessman in Bordeaux, Michel Ohayon, who has already acquired other retail operations in the country. Last ...
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News briefs
New items by Stella McCartney for Adidas and Victoria Beckham for Reebok
Calling it “a reimagining of workout wardrobe staples, Adidas and Stella McCartney have released a new Stellashine line of tights, crops, training jackets, running shoes and post-workout wear that is good for the gym and looks good elsewhere. It features reflective shine materials and textures “so wearers can go straight ...
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News briefsISPO launches a new network, the Collaborators Club
As a derivative of the ISPO Open Innovation platform for community activation, the ISPO Group has now launched the ISPO Collaborators Club as a new network for both industry members and consumers. As a member, you can keep your finger on the pulse of the consumer and thus improve your ...
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News briefsChange of leadership at Schoeller Textil
Siegfried Winkelbeiner, managing director of Schoeller Textil, will go into retirement and, after ten years with the Swiss textile company, hand over the helm to Joachim Kath this month. Coming from the chemical industry, Kath joined this major supplier to the sporting goods industry one and a half years ago ...
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News briefs
Fabletics reportedly exploring IPO
Fabletics, the workout-apparel brand backed by the American actress Kate Hudson, is reportedly working with banks to prepare for an initial public offering (IPO) that should raise about $500 million and value the business at more than $5 billion. The Wall Street Journal reported that the company, owned by TechStyle ...
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News briefs
Wilson opens first store in its hometown of Chicago, and plans more store openings
Wilson Sporting Goods has opened its first retail location in its hometown of Chicago. The 200-square-meter store, inaugurated on July 15, is located in the Gold Coast neighborhood at 932 N. Rush Street. The store offers a curated assortment of sporting goods across many sport categories such as tennis, baseball, ...
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News briefs
Patagonia Works and Sympatex make the top list among B Corp companies
Every year, B Lab recognizes the top-performing B Corps companies in terms of their contribution to the economic and social well-being of the communities in which they operate. These companies are named “Best for the World” as their scores in the five impact areas evaluated on the B Impact Assessment ...
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News briefs
Gym+Coffee releases trunks made of ocean plastic
The Irish athleisure brand Gym+Coffee has released a new swim trunk made entirely of recycled plastic recovered from the ocean. Maverick Swim Shorts come in three colors – turquoise, navy and maroon – and retail for £40 (€47-$55).
