All Sporting Goods Intelligence articles in Volume 32, Issue 41+42 – Page 2
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News briefs
Adidas loses appeal about H&M’s two stripes
Ending a trademark dispute that began in 1997, the Dutch Supreme Court has dismissed an appeal by Adidas against a lower court’s ruling that a two-stripe logo used by Hennes & Mauritz did not infringe on its iconic Three Stripes. A key factor in H&M’s success was a market research ...
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News briefs
The International Ski Federation will not change its name
The national federations that belong to the International Ski Federations (FIS) failed to approve proposals to change the organization’s name to “International Ski and Snowboard Federation” or “International Snowsports Federation.” The vote was taken online at an extraordinary congress held under the leadership of the FIS’ new president, Johan Eliasch. ...
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News briefs
Fabletics opens a first store outside the U.S.
Fabletics’ latest store is also, reports Fashion Network, its first one abroad. The U.S. brand has settled on Germany – one of the brand’s top markets, according to its managing director for Europe, Gerrit Müller – to begin its international expansion. The new store is located on the Kurfürstendamm, the ...
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News briefs
Burton plans to launch a new "Mystery Series" tournament
Burton Snowboards has announced the imminent launch of the Burton Mystery Series, describing it as “a bold new beginning for the legendary Burton U·S·Open and the start of a reimagined future that’s unlike anything else in snowboarding events.” Throwing away the rules, it will focus on “what matters most: creativity, ...
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News briefs
Reebok pays homage to street artist with new sneakers
Reebok is introducing a collection of five sneakers, each a variant on an established silhouette that plays off a work by the late street artist Keith Haring. The Classic Leather Keith Haring is black with a dog motif in reference to Haring’s subway chalk drawings. The CL Legacy AZ Keith ...
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News briefs
Slinger makes another acquisition
Slinger has announced its third acquisition so far this year in its bid to diversify from the sale of tennis ball launchers into a provider of a full “Watch, Play and Learn” suite of products and connected digital services for tennis players, possibly catering to other sports in the later ...
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News briefs
Puma launches its lightest football jersey
Puma has introduced what it describes as the lightest football jersey in the company’s history, weighing in at 72 grams. Called dryCELL, it is made of what the German company calls Ultraweave, whose two-dimensional ripstop structure combines recycled polyester, pattern construction and trimmings to produce a stretch in four directions. ...
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News briefs
Signa Sports United to launch AI-based virtual bike fitting engine
Signa Sports United (SSU), the German-based sports e-commerce platform that owns several websites for the sale of bicycles, has entered a strategic partnership with Motesque, a specialist startup for biomechanics, computer vision and AI, to launch what they claim will be the first biomechanical AI-based virtual bike fitting engine ...
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News briefs
Sequential will be able to honor its debts
The bankrupt Sequential Brands Group is now expected to be able to pay its $435.1 million in liabilities through the auction of its assets. With You, a company that owns a 37.5 percent interest in the Jessica Simpson brand, has launched a bid for the remaining shares owned by SQBG ...
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News briefs
Stadium has launched its marketplace
Stadium, the leading Swedish sporting goods retailer, has launched a digital marketplace to give an opportunity to small and large companies to sell products to consumers, after holding discussions with some of suppliers over the past couple of years. The partners are in control of the pricing and deliver the ...
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News briefs
Canada Goose gets an upgrade on its debt rating
Standard & Poor’s has upgraded its debt rating for Canada Goose to positive from stable, following its better-than-expected operating performance. The company’s results for the financial year ended March 31 indicated an adjusted debt-to-Ebitda ratio of 2.8 times, according to S&P, compared with a previous forecast of more than four ...
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Article
Boohoo launches a marketplace for fashion and sports goods
The Boohoo Group, the British fast-fashion online retailer that bought the brand name and the e-commerce operations of the Debenhams department store chain in January, is using it now to launch what it claims will be the biggest national online marketplace for sporting goods as well as fashion, cosmetics and ...
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ArticleILO adopts code of practice for shoe and apparel manufacturing
To provide a practical basis for employers, workers and governments to work together to advance an occupational safety and health (OSH) prevention culture in the textile, clothing, leather and footwear manufacturing sector, the International Labour Organization (ILO) has worked out its first code of practice on safety and health for ...
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News briefs
Lululemon launches a Centre for Social Impact initiative
Lululemon announced the launch of its Centre for Social Impact, a new initiative intended to support the physical, mental and social wellbeing of more than ten million people globally by 2025 through an investment of $75 million into “Equitable Wellbeing Programs.” The focus will be on communities that are most ...
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News briefs
Brazilian surf brand incorporates Polygiene treatment
Oceano Surfwear has incorporated Polygiene’s Stay Fresh anti-odor treatment into a shirt collection, called Legends, developed in cooperation with a Brazilian surfing champion, Everaldo “Pato” Teixeira. The shirts, says Polygiene, “come with a guarantee that you can wear more and wash less – lightening the load on our planet and ...
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ArticleAsos’ CEO quits in connection with a profit warning
The chief executive of Asos, Nick Beighton, is departing the U.K.-based online fashion retailer in a shock move as the company issued a profit warning, citing supply chain issues and rising costs combined with a slowdown in its growth. Asos is facing “notable cost headwinds” from inbound freight fees, wage ...
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News briefs
Gym+Coffee releases sleep aid
Gym+Coffee is releasing a special “mindfulness audio” recording for guided sleep in connection with World Mental Day, with a script written by an extreme sleeping adventurer, Phoebe Smith, and narration by one of the Irish athleisure brand’s ambassadors, the singer Niall Horan. Gym+Coffee says it conducted a survey of 4,500 ...
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Article
New Ipsos/WEF study on exercising in 29 countries
A study by Ipsos and the World Economic Forum shows that people in 29 countries spend on average 6.1 hours per week on exercise or sports. Rates are hardly uniform within the cohort, however. The least active people appear to be Brazilians, spending three hours per day, whereas the ...
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ArticlePon Holdings acquires Dorel Sports
The Dutch Pon Holdings group and the Canadian conglomerate Dorel Industries officially announced on Oct. 11 that Pon.Bike (brands Cervélo, Focus, Gazelle, Juliana, Kalkhoff, Santa Cruz, Union, etc.) will acquire Dorel Sports (brands Cannondale, Caloi, GT, Mongoose, Schwinn, etc.). According to the two parties, this mammoth marriage will create “a ...
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News briefs
Adidas inaugurates a circular-fashion program with ThredUp
Adidas has inaugurated a circular-fashion program, called “Choose to Give Back.” The German brand is inviting customers to earn rewards from its Creator’s Club by returning used apparel and accessories from any brand for resale or re-use. It works through a combination of Adidas’ Creator’s Club app and ThredUp’s Reseale-as-a-Service ...
