All Sporting Goods Intelligence articles in Volume 32, Issue 41+42 – Page 3
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News briefs
Moncler is developing an interesting new HQ in post-pandemic style in Milan
Moncler plans to concentrate its Milanese employees, currently spread over three sites, into a new headquarters, to be refurbished and delivered by the end of 2024. To this end, the Italian luxury skiwear and outerwear brand has announced a 15-year pre-letting agreement with Convivio. The building is located in the ...
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News briefs
Superdry sponsors its local football club
According to Fashion Network, Superdry is sponsoring its local football club, the Forest Green Rovers of England’s EFL League Two. Like the British apparel brand, the Rovers are based in the county of Gloucestershire, but they also happen to be, according to FIFA, the world’s first and only vegan football ...
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News briefs
Asics invests in Bisu
Asics Corp. has announced that its venture capital subsidiary, Asics Venture Corp., has made an investment in Bisu, a start-up that is developing a “home health lab.” Called “Bisu Body Coach,” the lab gives personalized nutrition and lifestyle advice by testing urine and saliva at home. Synchronizing with its smartphone-based ...
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Article
iFIT drops its planned IPO, Allbirds revises it
Allbirds has revised its proposals for an initial public offering, and iFIT Health & Fitness has postponed its plans to go public, citing “adverse market conditions.” Meanwhile, an acquisitive American maker of camp stove, Solo Brands, has filed an application for an IPO with the U.S. Securities & Exchange Commission ...
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Short stops
Oct. 7/8 Short Stops: Lululemon – Puma - Royer - Sergio Tacchini - Slinger
Corporate: +++ The French Groupe Royer, which recently lost a big licensing agreement with New Balance, is holding discussions with potential new financial partners, according to fashionnetwork.fr Retail: +++ Like in the U.S., Lululemon will offer its interactive home gym, Mirror, in 40 stores and online ...
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Article50% digital ticket discount for EDM subscribers for NEXT TEXTILE conference on Oct. 12
SGI Europe and the other news services of EDM Publications are happy to announce that their subscribers are invited to benefit from a 50 percent discount on digital tickets for a NEXT TEXTILE conference in Sweden. You can find the discount code at the end of the article.
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News briefs
Kingmaker prepares to reopen a Vietnam factory
After nearly three months of halted production, Kingmaker’s footwear factory in the Binh Duong Province in southern Vietnam is now ready to restart operations in several phases. The region in which the plant is located has obtained “green zone” status, and over 70 percent of the factory’s employees have received ...
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News briefs
Norspo fair is cancelled, may be shifted to November
The Norwegian sporting goods show, Norspo, which was going to take place in Oslo on Jan. 9 and 10, has been cancelled like the one that was going to be held last January. Trond Evald Hansen, general manager of Norspomessen, is now betting that the new winter fair will take ...
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News briefsBoa’s new dial platform wins design award
Boa Technology has won its second Design & Innovation Award (DI.A), after the one it won in 2016 for its IP1-S platform. The winning product is its Li2 dial platform, a bayonet and cartridge system – like the L6 platform – made mostly of anodized aluminum. Introduced this autumn, ...
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News briefs
Blackroll partners with the German Tennis Federation
A Swiss-based supplier specializing in sports preparation and recovery products, Blackroll, is the newest partner of the German Tennis Federation (DTB). With immediate effect, Blackroll will equip all four DTB national bases in Hanover, Kamen, Stuttgart and Oberhaching with products from the areas of activation and regeneration. This is intended ...
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News briefs
A new sportswear show for consumers in the U.K.
Independent Exhibitions (INDX) is founding a quarterly trade show for the U.K. devoted to both flavors of sportswear, athleisure and performance, in all varieties of sport. The first edition of Sports & Leisure, curated by the buying group Associated Independent Stores (AIS), is scheduled for Dec. 1-2 at the Cranmore ...
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News briefs
New Canada Goose campaign for the brand’s first two boots
For its first small collection of footwear, Canada Goose has put together a marketing campaign, called “Forces of Nature,” featuring the footballer Romeo Beckham, the indigenous artist and activist Sarain Fox, and the indigenous leader and hockey player Jordin Tootoo. In a film – with the wilderness of Squamish and ...
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ArticleIndustry stocks fell by 8.3% in Q3
The stock market valuation of the sporting goods sector fell by 8.3 percent on average between June 30 and Sept. 30 of this year, after rising by 10.9 percent during the first quarter and by 25.6 percent during the second quarter. In contrast with previous quarters, the sector performed less ...
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ArticleTechnogym teams up with Dior
In its first move of the kind to support its upmarket image, Technogym has partnered with the creative team at the Christian Dior fashion house to develop an exclusive, limited-edition line of home fitness products. The stylish, black and white line includes a treadmill, a multi-function bench and a wellness ...
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News briefs
Big push for JD and Sprinter in Iberia
The Iberian Sports Retail Group (ISRG), which is controlled by JD Sports Fashion, is contemplating a strong development of its physical store network, accompanying its push into e-commerce through its recent acquisition of Deporvillage and the local web stores of JD Sports and Sprinter. Sprinter, the more technical sporting goods ...
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News briefs
New winter sports logistics center for Amer in Austria
Amer Sports has opened a new, more modern and sustainable logistic center for the winter sports products of Atomic, Salomon and Armada at Pongau, near the group’s Austrian ski production facility in Altenmarkt. The group has invested €23 million to modernize Atomic’s former distribution center and to expand it by ...
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News briefs
After 40 years in operation, Spain’s BM Sportech has a new CEO
José Maria Barcos Martínez, 67, is yielding control of the company he founded 40 years ago, BM Sportech, which still is a major distributor of sporting goods in Spain. His successor as CEO is a 21-year veteran of the company, Alberto Mastral, who will be joining a new executive board ...
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Short stops
Oct. 6 Short Stops: Bogner – K2 – Oxbow - Rapala VMC – Umbro – X-Bionic
Corporate: +++ Nicolas Warchalowski, the new president and CEO of Rapala VMC, announced that it will be able to repay a €25 million “hybrid bond” on Nov. 15, thanks to a strong turnaround Product: +++ Bogner’s first line of snow boots, which comes with Michelin soles, ...
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Short stops
Oct. 5 Short Stops: ABG – Adidas – Arc’teryx - Benetton - Black Crows – JD Sports Fashion – Polartec - Stadium
Corporate: +++ With the company’s share price having risen above 1,000 pence, the board of JD Sports Fashion is proposing a five-for-one stock split, asking for its approval at a general meeting set for Oct. 28 +++ Stadium’s main owner, Eklöf Invest, is reportedly forming a joint venture ...
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News briefs
French court clears Bernard Tapie
In view of his death on Sunday Oct. 3, the Paris Court of Appeals has decided to “extinguish” all pursuits against Bernard Tapie in the case that pitted him against a French bank, Crédit Lyonnais, that helped him to finance Adidas’ takeover. The issue revolved around a sum of €403,000 ...
