All Sporting Goods Intelligence articles in Volume 32, Issue 31+32
View all stories from this issue.
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Case StudyHow Keller Sports used events and data management to develop customer loyalty
The brand has broken new ground with app-based events that reward customers for sporting performance, not purchases
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News briefs
Macron announces new technical sponsorship deals in football and hockey
Macron is the new technical sponsor of Melbourne Victory Football Club (FC), in the Australian A-League, and of ERC Ingolstadt, which plays in Germany’s professional ice hockey league. Macron will be the technical sponsor of Melbourne Victory FC for the next five seasons. The club boasts four Australian Championship titles. ...
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News briefs
Aug. 9 Short Stops: Decathlon – Duca del Cosma – Horizon Fitness - Roeckl –Rugby League - SHER
Management: +++ Irina Richter, a former official of Planet Sports, has been promoted by Roeckl Sports from marketing manager for multi-channel operations to head of marketing Retail: +++ Decathlon inaugurated a new store in Kolkata (formerly Calcutta) on July 23, its second one in the Indian ...
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News briefs
Arsenal launches new fan rewards program
Arsenal has launched My Arsenal Rewards, a new fan loyalty program that gives fans the opportunity to convert their interactions with the club – ticket purchase, shopping at Arsenal Direct and Arsenal Retail etc. – into prizes, rewards and “money can’t buy” experiences. Adidas, the club’s team supplier, and Cadbury ...
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News briefs
Peak complains about Brazilian football team not wearing the brand’s uniforms on Olympic podium
After beating Spain in the Olympic final, the players of the Brazilian men’s football team went to the podium in Tokyo with their Peak official sweater tied around their waist. The players appeared in their Nike-produced shirts instead of wearing the sweater made by Peak. This was in violation of ...
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News briefs
India’s sports apparel market to grow by 16% over the next five years
A recent market research report has valued the Indian sports apparel market at $498.68 million in 2020, and predicts that it will grow by 16.06 percent by 2026. The report, titled “Indian Sports Apparel Market 2021,” has been released by Dublin-based ResearchAndMarkets. The growth will be primarily driven by increasing ...
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News briefs
Italian Skipass trade show confirmed as a physical event this autumn
After the cancellation of the event in 2020 due to the Covid-19 crisis, Skipass, the Italian consumer-oriented trade fair for winter sports and tourism, will regularly take place in Modena from Oct. 29 to Nov. 1, 2021. The event, organized by ModenaFiere, targets tour operators, managers of winter resorts, specialty ...
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News briefs
Erke rises in popularity in China after major donation to Henan flood relief
Erke, a Chinese brand based in Xiamen owned by China Hongxiang, rose in popularity and was even praised by the central government after donating 50 million yuan renminbi (€6.6m-$7.7m) to help the Henan province, devasted by the floods in the second half of July. Erke sells apparel primarily aimed at ...
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News briefs
Former Nike executive goes to jail for fraud
Errol Andam, a former Nike executive involved in retail brand marketing, was sentenced to serve 31 months in prison and to pay back $1,669,207.45 to its former employer. He had pleaded guilty to committing fraud, diverting proceeds from Nike pop-up stores for his own use and partnering with a friend ...
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PDF NewsletterSGI Europe Executive Edition: Vol 32 - 31+32
NPD: 15.5% growth in Big5 | Intersport jumps by 32% in Q2 | Online drives growth in Sweden | Sports Direct’s sales decline | Foot Locker buys two chains | Adidas sees 20% growth in 2021 | Puma prioritizes wholesale | Wolverine buys Sweaty Betty | Asics cuts off retailers | Bike boom benefits Shimano more than its clients | A disrupted supply chain
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News briefs
SRAM integrates Time Sport into its manufacturing and distribution apparatus
Last February, the U.S.-based SRAM Group acquired the pedal business of France’s Time Sport, a former property of the Rossignol Group, including all related patents. It subsequently set up a pedal manufacturing facility in Coimbra, Portugal. SRAM already manufactures SRAM chains and Zipp wheels in Coimbra. Meanwhile, the group has ...
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Article
Champion grows by 120%
Hanesbrands has reported a drop in net income to $128.7 million for the second quarter ended July 3 from $161.2 million in the year-ago period, largely due to charges of $43.8 million related to the divestiture of its European Innerwear business. On an adjusted basis, income from continuing operation rose ...
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ArticleIntersport grows by 32.2% in Q2
The Intersport banner enjoyed a strong recovery in the second quarter on a global basis. Intersport International Corp. reports a 32.2 percent overall increase in the retail members’ sales during the second quarter of 2021, achieving an almost similar level as in the second quarter of 2019. The strong growth ...
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Article
NPD: Double-digit growth in Europe in H1
After rising by only 2 percent in the first quarter, the consumption of sports apparel and footwear jumped by 30 percent in the second quarter and by 15.5 percent in the first six months of 2021 in the five main European countries – Germany, France, Italy, Spain and the U.K. ...
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News briefs
Oceantee invites young golfers in the U.K. to help combat plastic pollution
Oceantee, a sustainable golf brand founded by Ed Sandison, is the project leader of #FORETHEOCEAN, an initiative that aims to help tackle plastic pollution. Young golfers from across the U.K. are being invited to participate in the project, which will see them involved in educational workshops and beach cleans, to ...
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Article
Acushnet’s Q2 sales soar by 108%
Acushnet Holdings reported sales of $624.9 million in the second year, up by a reported 108.3 percent on the year earlier and 99.9 percent higher in constant-currency terms, as the company racked up another “terrific” quarter and outpaced its guidance of a 70 to 80 percent rise in its top ...
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Article
GoPro posts 86% revenue growth in Q2, with sales up in all regions
GoPro saw revenues increase by 86 percent to $250 million in the second quarter ended June 30, up from $134 million in the second quarter of 2020. The number of GoPro subscribers jumped by 211 percent to 1,160,000, and the company expects to exceed 1.7 million subscribers by the end ...
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News briefs
Rens aims to raise $1 million to fund a sneaker made from coffee waste
Rens Original, the Finnish start-up that claims to have developed the world’s first sneakers made from coffee waste, is looking to raise $1 million to fund the manufacture of its new Nomad shoe, presented as “the world’s first crowdfunded climate neutral sneaker.” Rens Original made its debut in the summer ...
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Short stops
Aug. 5 Short Stops: Amazon - Anta – Beyond Yoga - Carhartt – EFTTEX - Paquetà – Pecheur.com – Sanitized - Vietnam Footwear & Leather Show - WFSGI
Corporate: +++ Levi Strauss & Co. says it is in line to acquire Beyond Yoga, an apparel producer specializing in leggings and other “body positive apparel” that will potentially add $100 million to the group’s revenues this year +++ Arts et Bien, a Paris-based private equity firm, has ...
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News briefs
Tennis Australia launches its own venture capital fund
Tennis Australia, the governing body for tennis in Australia, has announced the creation of Wildcard Ventures, a new entity that will identify and invest in early-stage companies focusing on technologies across sports, health and entertainment. Tennis Australia is the latest sports organization to launch its own venture capital fund to ...
