All Sporting Goods Intelligence articles in Volume 32, Issue 35+36 – Page 3
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News briefs
Adidas aims to keep women active during their cycle with TechFit Period Proof pants
Adidas is tackling an issue that has thankfully been de-tabooed in recent years: menstruating women in sports. With its new TechFit Period Proof tights and shorts, the German company now offers training pants that provide an extra layer of safety against menstrual blood leakage. The two styles incorporate Adidas’ Flow ...
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News briefs
Anti-counterfeiting initiative seizes nearly 10,000 fake golf clubs
In a broad crackdown on the sale of counterfeit golf products, the U.S. golf manufacturers’ anti-counterfeiting task force (The Golf Group) has identified 9,769 clubs and numerous golf accessories, as well as more than 10,600 branded tags and labels, according to the Keep Golf Real website. The items found and ...
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News briefs
Share options worth £100 million for Frasers’ future CEO
The Remuneration Committee of Frasers Group, which owns Sports Direct and many other brands retail operations in the U.K. and elsewhere, is proposing to award shares worth £100 million (€117m-$137m) as a performance-related bonus to Michael Murray, who is set to take the place of group CEO from Mike Ashley ...
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Article
JD and Sprinter acquire Bodytone
According to CMDsport, the Iberian Sports Retail Group (ISRG) has acquired a 50.1 percent stake in Bodytone International Sport, a Spanish-based producer and international distributor of professional gym machines and equipment. The purchase price was undisclosed. Bodytone has until now been wholly owned by American Sport Invest, which has become ...
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ArticleStella builds up capacity in Indonesia, sees profit turnaround in H1
The Hong-Kong-based footwear manufacturer and retailer Stella International expects its new factory in Solo, Indonesia, to come on stream in the third quarter of 2021 as the company continues to increase production outside the Chinese mainland. The plant is expected to contribute to overall sales in 2022. Solo will be ...
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Article7 out of 10 Austrians are physically active, outdoor sports most popular
As part of a representative study conducted by the digital market and research institute Marketagent.com, the retail chain Hervis Sports researched the athletic habits of Austrians and wanted to know whether and what impact Covid-19 has had on their sports behavior. Hervis is one of the largest specialist sports ...
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News briefsSport Holding is acquiring Bergans
Sport Holding, the Norwegian retail group formed in 2020 after Gresvig, the Norwegian licensee of Intersport, and Sport 1 Gruppen merged, announced that it is acquiring 100 percent of the shares of Bergans Fritid AS, one of the major outdoor clothing and equipment companies in Norway. The group, including Sport ...
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News briefs
Munich Fabric Start ready to "Rise" physically next week
With around 1,000 collections on 430,000 square meters of “Covid-19 compliant” exhibition space at MOC Munich and the newly designed Zenith area, “visitors are invited to be inspired, meet long-term partners and finally experience materials live again in their diversity and depth” at Munich Fabric Start (seasonal title: ”Rise”) on ...
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ArticleNike and Newlight collaborate to research carbon-negative material
Nike and California-based Newlight Technologies have announced a partnership to explore the use of AirCarbon, an energy storage material, in a variety of applications within Nike’s supply chain and manufacturing. According to a press release, the collaboration is part of Nike’s plans to accelerate its carbon reduction plans, as materials ...
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Short stops
Aug. 26 Short Stops: Under Armour - New Balance - Fabletics - Gym+Coffee
Corporate and M&A +++ According to a regulatory filing, Kevin Plank, Under Armour’s founder and executive chairman, plans to sell up to 5 million shares of the company’s common stock under a proposed stock trading plan to be implemented over the next 14 months beginning in November +++ ...
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News briefsSuperfeet introduces new softer insoles for running
Superfeet has unveiled its Adapt Run collection of insoles, an evolution of Superfeet technology as the new product is more soft and flexible, as opposed to the known firm feel of the brand’s insoles. The new cushioned outsoles, designed for runners who want a comfortable stride and insoles that adapt ...
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ArticleAustrian and Swiss buying groups cooperate on digitalization
The Swiss Premium Sports Group (PSG) of independent sports retailers, which have been affiliated with ANWR-Garant Swiss since 2013, have agreed to adopt the digitalization strategy of Sport 2000 Austria. This includes cooperation in the areas of data clearing centers, digital store counters and online retailing, creating a central data ...
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News briefs
Businessman jailed in the U.K. for running an “industrial scale” counterfeit clothing factory
Inderjit Sangu was sentenced to four years imprisonment by the Birmingham Crown Court on Aug. 23 after pleading guilty for manufacturing and selling fake designer clothes. The 67-year-old businessman ran an “industrial scale” operation in Hockley, a central inner-city district in the city of Birmingham, England, which supplied market stall ...
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News briefs
ABG to retain its debt rating with Reebok's acquisition
Moody’s said that it will not be changing the Authentic Brands Group’s debt rating (B2 Stable) in light of its costly acquisition of Reebok. As Moody’s notes, Reebok’s sales growth “has consistently lagged behind” that of Adidas, the selling party (A2 Stable), and its turnaround, begun in 2016, is not ...
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News briefsTecnica grew by 27% in H1, performed better than in 2019
Tecnica Group posted revenues of €173.7 million in the first half ended June 30, representing a 27 percent increase as compared to the same period of last year. Ebitda jumped to €17.1 million from €2.7 million in the first half of last year. The net result was a loss of ...
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News briefs
Galeria Karstadt Kaufhof will become Galeria
Galeria Karstadt Kaufhof, the German company formed in 2018 from the merger of the Karstadt and Galeria Kaufhof department store chains that became wholly owned by Signa Retail in 2019, has unveiled a new concept for its 131 locations in Germany, which will see the company strategically reposition itself starting ...
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News briefsDohrmann will leave as CEO of the Internetstores group
After more than three years as CEO of the Internetstores group, Hans Dohrmann will leave the German multi-channel retail company, which operates websites and physical stores in the cycling, camping and outdoor markets such as Addnature, Bikester, Brügelmann, Campz and Fahrrad.de. According to the group’s Berlin-based parent company, Signa Sports ...
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News briefsTNF promotes Vectiv technology with 360° VR experience
The North Face (TNF) has launched the Power Further VR and 360 Experience, designed to give everyone the opportunity to experience the trails of Mont Blanc despite pandemic restrictions, while also providing more detailed information about the development and functionality of its Vectiv technology. Available in VR and 360°, the ...
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Short stops
Aug. 25 Short Stops: Decathlon - Lacoste - New Balance - Ukactive
Legal & Institutional +++ Ukactive has launched a new consultation among gyms, fitness, and leisure facilities across the U.K. to examine the provision of fitness and leisure activities for disabled people in the country, and the findings and recommendations will be published in December +++ Product & Marketing +++ ...
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News briefs
Anta helps establish an award for sportswear design
The Anta Group and Beijing’s Tsinghua University have launched the Global Sportswear Design Award. Described as the “first exclusive sporting goods product design competition,” the program stems from the Tsinghua University-Anta Group Joint Research Center for Sports Fashion, established in June alongside its “M·O·V·E-Born by Movement” theme. This year is ...
