All Sporting Goods Intelligence articles in Volume 32, Issue 35+36
View all stories from this issue.
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News briefs
Former European executive of Burton joins Myutility Bag
Myutility Bag (MUB), the French start-up acquired by Frank Heissat five months ago, has completed a new round of financing and added an experienced partner to help boost its international development. Franck Waterlot, who served as joint European managing director and vice president of commercial and marketing operations a tBurton ...
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News briefs
Puma unveils latest collaboration with Animal Crossing
Puma has announced the launch of the new Puma x Animal Crossing: New Horizons Collection. The collaborative collection comprises apparel and footwear for adults and children. The collection’s streetwear silhouettes have been reimagined with natural colors and authentic graphics from the video game developed by Nintendo. The collection features some ...
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News briefs
Nautilus is acquiring a motion tracking start-up
Nautilus has announced a definitive agreement to acquire VAY (pronounced “way,”), a company whose proprietary computer vision software enables computers to understand human motion through cameras. The price of the transaction has not been disclosed. Nautilus says the acquisition will allow it to scale its own JRNY digital platform by ...
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Short stops
Sept. 1+2 Short Stops: Adidas - Arc’teryx – Black Diamond Canada Goose – Jack Wolfskin - JD – Lionel Messi - Moncler - Opro - Pulseroll - Vans
Management: +++ Creating a new position, Jack Wolfskin has named Patrick Berresheim, the former digital chief of Gerry Weber, Hugo Boss and Birkenstock, as its own vice president of digital operations, covering Europe, Russia, China and the U.S. +++ Ludivine Pont, who joined Moncler in 2016 as marketing ...
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News briefs
Lamoda expands the number of sporting goods suppliers
In the first half of 2021, Lamoda, the Russian clone of Zalando, signed new contracts with a group of sporting goods suppliers including Kettler, Garmin and Peak Performance. In total, more than 400 new fashion and lifestyle brands also joined Lamoda in the first half of the year, including Massimo ...
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News briefs
Olympics spurred the demand for some sporting goods in Kazakhstan
Sales of some sporting goods jumped in Kazakhstan during the past few months, which was likely associated with the Tokyo Olympics. Market research conducted by Delovoy Kazakhstan showed that the demand jumped in every segment where Kazakh athletes were competing. This year Kazakhstan for the first time performed in rock ...
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News briefs
Wilberries sees big boom in online sales of sporting goods in Russia
Wildberries, the largest online retailer in Russia, reported an 85 percent increase in sales of sporting goods over the internet between the beginning of May and mid-August. In particular, the demand for electric scooters doubled. Electric bicycles were also among the bestsellers. Sales of all kinds of bicycles climbed by ...
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Article
New hurdles in JD’s takeover of Footasylum
Leaving the door open for other comments by Sept. 16 before making a final decision in October, the U.K. Competition and Markets Authority (CMA) restated on Sept. 2 its provisional ban on JD Sports Fashion’s already completed acquisition of the Footasylum, in spite of criticism expressed by the Competition Appeal ...
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News briefs
The Bundesliga wants to become the first sustainable football league in the world
The German Football League (DFL), which governs the Bundesliga and Bundesliga 2, has announced that its member clubs will vote in December whether to incorporate sustainability as a part of the licensing process. As a result, the Bundesliga aims to become the first environmentally sustainable football league in the world. ...
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News briefs
Adidas promotional film to star Ian Wright
Adidas has hired Ian Wright, the former football champion who played for Arsenal and England, to feature as a “Master of Speedfulness” in a marketing film. He will be appearing alongside the musician and comedian Specs Gonzalez, the West Ham midfielder Tomas Soucek and the Aston Villa forward Alisha Lehmann ...
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News briefs
Slinger Bag partners with the Mouratoglou Academy
Slinger Bag has announced a partnership with the Mouratoglou Academy, a tennis academy headquartered in the French Riviera with additional centers in Dubai and Greece. Founded in 1996 by Patrick Mouratoglou, the academy has been the training home for some of the biggest and most promising talents in the sport, ...
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PDF NewsletterSGI Europe Executive Edition: Vol 32 - 35+36
Sports equipment grew by 11% in 2020 | iFIT reports losses ahead of its IPO | Peloton’s growth slows down | On turns around as it readies its IPO | Loss-making Allbirds will be sportier | Sequential Brands Group goes bankrupt | Margins improve at Foot Locker | New hurdles in JD’s takeover of Footasylum | Austrian and Swiss buying groups cooperate | Globe’s sales rise by 76% | Anta’s profits double on 55% higher sales
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Article
Dalbello teams up with Life Reskiboot for a circular economy
Dalbello, the Italian ski boot manufacturer that is part of the K2-Marker-Dalbello-Völkl group (K2-MDV), has been a partner since last September of the Life Reskiboot project, co-funded by the European Commission, which aims to takle the problem of plastic waste management with a new paradigm applied to ski boot construction ...
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AnalysisMarket Analysis: The sports equipment market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major global sports equipment brands including breakdown by region.
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News briefs
Champion teams up with the Renewal Workshop for upcycled garments
Champion has entered a collaboration with the recycling platform The Renewal Workshop to sell upcycled Champion products under the “Champion Renewed” banner. The line, which includes the American sportswear brand’s classic Reverse Weave sweatshirts, is part of the brand’s sustainability concept, Champion MADE. The Champion Renewed products will be made ...
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News briefs
USWE turns around on higher sales
USWE, the Swedish outdoor and sports brand known for its bounce-free backpacks, reported a jump of 253 percent in net sales to 29.3 million Swedish kronor (€2.86m-$3.37m) for the three months to June 30. It generated an operating profit before depreciation and amortization (Ebitda) of SEK 5.58 million (€0.55m-$0.64m), or ...
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News briefs
Golf offsets winter sports at Alpen in Japan
Sales of winter sports products fell by 16 percent to 6,628 million yen (€51.5m-$60.3m) for the financial year ended June 30 at the Alpen Group, one of the major sporting goods retailers in Japan, mainly due to a lack of snow because of a warm winter season. Total revenues increased ...
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Article
Sequential Brands Group files for bankruptcy protection
After many loss-making quarters and the sale of four brands - Heelys, DVS Footwear, Caribbean Joe and Ellen Tracy - earlier this year, the heavily indebted Sequential Brands Group has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to protect it from its ...
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ArticleiFIT reports strong growth and losses ahead of its IPO
Confirming its plans to go public, iFIT Health & Fitness reported a 104.9 percent increase in revenues to $1,745.1 million for the 12 months ended last May 31, compared with $700.0 million in 2018/19 and $851.7 million in 2019/20. It got orders worth $382.3 million last year, representing an increase ...
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News briefs
Hoka opens its first physical retail stores
Hoka One One is opening its first retail shops, in New York and Los Angeles, after introducing its first lines of running apparel. The two pop-up stores are expected to stay open through December. The 185-square-meter store in NYC is located in the Flatiron district, at 142 Fifth Avenue. The ...
