All Sporting Goods Intelligence articles in Volume 32, Issue 29+30 – Page 6
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ArticleKlarna acquires social shopping platform Hero
Klarna, the retail banking, payments and shopping service from Sweden with over 90 million active users worldwide and 2 million transactions per day, has acquired Hero, a social shopping platform founded in 2015 and based in London and New York. The Wall Street Journal said Klarna would pay about $160 ...
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ArticleAnta unveils 5-year strategic targets and a 24-month acceleration plan
While providing another update on its results for the second quarter, Anta Sports Products announced new strategic targets that it wants to achieve over the next five years and a 24-month acceleration plan, called “Lead to Win,” for its core Anta brand. It had nothing to say at this stage ...
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News briefs
Lululemon uses mushroom-based material for yoga accessories
Lululemon Athletica is making use of Mylo, an alternative leather material, for a yoga mat and detailing on two bags. Mylo, produced by Bolt Threads, is made with mycelium, the vegetative part of a fungus, found in mushroom roots. The Canadian sportswear company said that it would be producing new ...
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News briefs
Fitbench presents all-in-one workout bench made in the U.S.
Fitbench is introducing the Fitbench Free, its first all-in-one workout bench designed for use at home. The new space-saving, lightweight Fitbench Free is also the company’s first model that is made entirely in the U.S. The Fitbench Free comes with four hexagon dumbbells, a kettlebell, a slam ball, six resistance ...
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News briefs
Puma presents the “Madchester” collection
Puma, which sponsors the English Manchester City football club, has unveiled the Madchester collection, inspired by the iconic Manchester indie-dance scene. The new Manchester City x Puma collection is indeed a tribute to the late 1980s early 1990s Manchester music scene, and also to the city’s ongoing 24-hour party atmosphere. ...
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News briefs
More Spaniards are exercizing than before
According to a new survey conducted by Spain’s Superior Sports Council (CSD), the number of Spaniards participating in some kind of sport at least once per year rose by 6.1 percentage points – from 53.5 to 59.6 percent – between 2015 and 2020. Last year, six out of ten Spaniards ...
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News briefs
Afydad extends its member base to marketing and tourism
The very dynamic Spanish Association of Sporting Goods Manufacturers and Distributors (Afydad) is expanding its member base to sports marketing and tourism agencies, in addition to the retail sector. The trade body is also creating ten working groups that will focus on: digital transformation, fitness, equipment and e-sports, outdoor, padel, ...
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News briefs
Tokyo bans Olympic spectators amid Covid-19 emergency
The Japanese Olympics Minister, Tamayo Marukawa, has announced that the Tokyo-area venues for the upcoming Summer Olympics, both indoor and outdoor, will not admit spectators. As for the presence of spectators in other areas, the organizers will consider “concrete measures” with each local governor involved, Marukawa said. The announcement comes ...
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Article
TNF, Timberland and Vans get high marks for transparency
Three VF Corp brands – The North Face (TNF), Timberland and Vans - ranked high in the 2021 Fashion Transparency Index published by Fashion Revolution, a global activism movement that is pushing for greater disclosure in fashion supply chains, warning that progress in transparency in the sector generally remains ...
