All Sporting Goods Intelligence articles in Volume 32, Issue 39+40 – Page 4
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Article
New MD, narrowed focus for Rossignol’s Spanish ski plant
The head of Skis Rossignol de España, Enric Casas, is retiring in October at the age of 65, after 35 years with the company. Casas joined Rossignol in 1986 as an engineer and went on to become a technical manager. He was appointed managing director of the Spanish manufacturing subsidiary ...
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News briefs
New investor for Finland’s FootBalance
FootBalance, the Finnish manufacturer of custom insoles, has entered into a partnership with a new investor, London-based IPGL Limited, which has acquired Scope Growth II L.P.’s shares in the company. “FootBalance has during our ownership evolved from a local provider of insoles to become a global category leader in foot ...
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News briefs
Keen launches social commitment bonus program
Keen Footwear has launched the “Keen Corps” program, a bonus program for voluntary work, donations to non-profit organizations and purchases. With the loyalty rewards program, the American footwear producers aims to reward those who give back to the community. Registered customers can earn points in exchange for access to exclusive ...
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Article
New mobility show in Munich sends good signals for ISPO and other fairs
Messe München, the organizer of the ISPO fairs, says that the success of IAA Mobility, the first international in-person event of the kind in 18 months, proves that major international trade fairs can again be held in Germany like in the past. The show, where the bike sector was relatively ...
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Short stops
Sept. 17 Short Stops: Decathlon - Hyperice - New Balance
Corporate: +++ The captain of Indian cricket team and of the Royal Challangers of Bangalore, Virat Kohli, has joined the list of sports professionals acting as investors and brand ambassadors for Hyperice DTC: +++ New Balance has opened its third store in Madrid CSR ...
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News briefs
Apple adds new features and languages for its sports watches
While presenting many other new products, Apple has announced expanded functionalities for its Fitness+ sports watch. Adding six new languages, it will become available in a total of 21 countries. In addition to a guided meditation feature, it will also come in the autumn with an offer of group workouts ...
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Article
Europe's winter sports industry calls for uniform anti-virus protocols
The European Sporting Goods Industry Association, FESI, is circulating a statement calling on national government authorities to avoid “another catastrophic season” for the winter sporting goods industry, particularly in view of recent increases in the number of Covid infections in certain countries, which are creating the risk of “localized waves.” ...
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News briefs
French sports marketplace raises funds to help it internationalize
Colizey, a French marketplace for sporting goods launched in 2019, is planning to move abroad in 2022, following a new round of financing worth €8 million. Existing and new investors such as Teddy Riner, the French judo champion, have participated in the fund-raising, joining the French-American basketball champion Tony Parker ...
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News briefs
Le Coq Sportif expands French production
Le Coq Sportif has launched the construction of an extension to its French sports clothing factory at Romilly-sur-Seine that will employ 80 persons, joining the 100-odd employees of its existing plant. Measuring 3,000 square meters, it should come on stream at the end of 2022. Yannick Noah and other brand ...
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News briefs
Peloton scores a victory in patent suit
A federal court in Texas has dismissed claims of patent infringement made by Mad Dogg Athletics against Peloton Interactive. Mad Dogg argued that Peloton’s business model was infringing on two patents it held for its own exercise bikes. The court rejected the claims, argueing that the two patents were abstract ...
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News briefs
Callaway shareholder expands its public offering
PEP TG Investments, one of Callaway Golf’s largest shareholders with its stake of more than 15 percent, will finally sell 4,000,000 of its shares in the company, one million more than previously planned, through a public offering. It is pricing it at $29.25 per share, below Callaway’s closing price prior ...
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News briefs
A new Italian shareholder for Houdini
An Italian investment company, GDTRE, is taking a stake in the equity of Houdini Sportswear, a Swedish outdoor brand that has a strong commitment to sustainability. GDTRE will join the brand’s co-founders, Hanna Lindblad and Eva Karlsson, who together own 77 percent of the company, as well as Stefan Ytterborn, ...
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News briefs
Pabst steps down as CEO of Mammut
Source: Conzzeta Oliver Pabst Following the successful completion of change of ownership from Conzzeta to Telemos Capital, the board of directors of Mammut Sports Group and its CEO, Oliver Pabst, jointly announced that Pabst will step down and that Greg Nieuwenhuys, chairman of the board of directors ...
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