All Sporting Goods Intelligence articles in Volume 32, Issue 43+44 – Page 3
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News briefs
361 Degrees returned to growth in Q3
Retail sales of the 361° branded products grew by a rate in the mid-teens during the third quarter, says 361 Degrees, outperforming the high single-digit increase that the Chinese sportswear company had reported for the same period a year ago. Its 361° Kids line did even better, rising by between ...
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Article
Sport 2000 is market leader in Austria for the first time
Presenting the results of a large nationwide study by the market research company Regio Plan. Holger Schwarting, CEO of Sport 2000 Austria, confirmed that his cooperative was able to secure market leadership in Austria for the first time in 2020 with a market share of 33.6 percent, followed by Intersport ...
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News briefs
XXL adopts RFID tags
According to the British trade magazine Retail Technology, XXL ASA has begun to use RFID tags to track its inventory. With the help of a Scandinavian firm, Securitas, it has adopted Nedap’s iD Cloud platform throughout Norway and plans to roll it out to its 89 other megastores in various ...
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Article
Crocs posts an Ebit margin of over 32% on 73% higher sales
Performing better than what analysts had estimated, Crocs reported a sales increase of 73.0 percent in the third quarter to a record level of $625.9 million, with a gain of 72.2 percent on a constant-currency basis. The company posted an exceptionally high operating margin of 32.2 percent, up from 19.9 ...
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Article
Tecnica rolls out ski boot recycling project in 8 countries
After revealing its plans for an end-of-life solution for used ski boots in the spring of this year, the Tecnica brand is about to start its new “Recycle your boots” program. The circular project, being launched in the Alps region this autumn, aims to contribute to protecting the planet by ...
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News briefs
Oberalp Group plans to expand in Southern Europe
The Italian Oberalp Group intends to invest more in other Southern European markets in the coming years, according to SAZ. To this end, Marion Alexandre has been appointed to the new position as general manager for South Europe as of June 1, 2021. She is to be responsible for developing ...
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Article
UEFA proposes an Intercontinental Nations League
FIFA and UEFA are both trying to expand the range of football mega-events that they are offering to the public. After the failure of its Super League project in April, the European organization is reacting to FIFA’s new plans to double the frequency of its World Cup by signing a ...
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News briefs
WHO issues guidance for gov’t physical activity systems
The World Health Organization (WHO) has released a statement on state-encouraged exercise under the title “Fair Play: Building a strong physical activity system for more active people.” The pandemic, it reads, has “exposed vulnerabilities and inequities in opportunities for communities and people to be active,” and therefore physically and mentally ...
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Article
PE firm to acquire NPD Group
The private equity firm Hellman & Friedman (H&F) will soon be entering into a binding and exclusive agreement to purchase the NPD Group, once the latter’s employee-works council has been lawfully notified and consulted. Founded in 1966 and headquartered in Port Washington, New York, NPD claims to be the world’s ...
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Short stops
Sept. 20 Short Stops: Anta – Aquafeel - Didriksons – Fischer – Keen – Lululemon – Macron - Revo - Fusalp - Rossignol
Management: +++ Keen Footwear, which is said to be growing strongly in Germany, has appointed its sales agent for the state of Baden-Württemberg, Ralph Hermann, as the brand’s new German country manager +++ Colin Barbé, a former cross-country skier and editor of the French magazine Skieur, is the ...
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News briefs
New Reebok collection incorporates graphene
Reebok has launched a “commercially priced” collection of sportswear that incorporates graphene – an unusually strong, thin, lightweight and conductive material made of a single layer of carbon atoms. Researchers at the University of Manchester have isolated graphene to its thinnest layer, discovering that it is one of the lightest, ...
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News briefs
Xtep grew at a mid-teens rate in Q3
Xtep International reported growth in the mid-teens for the third quarter of 2021 through all the channels as compared to the same period a year ago; when the Chinese company’s growth was limited to a mid-single-digit rate. Retail discounts averaged 20 to 25 percent and the retail turnover stood at ...
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Article
Clarus sees sales growing by 62% this year
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, said it expects to report a sales increase of 66 to 67 percent up to $107-$108 million for the third quarter ended Sept. 30, with a strong momentum across all brands. Black Diamond’s sales are expected to have increased ...
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News briefs
Anta reports gains at different speeds for the brands in its portfolio
Anta Sports Products reports that the growth in retail sales of its core Anta brand accelerated to a low-teens rate in the third quarter as compared to the single-digit increase posted in the same period a year ago, leading to growth in the mid-teens as compared to the third quarter ...
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News briefs
Snow Factory has a new CEO
According to CMDsport, Snow Factory has a new CEO in Álvaro Camín, former business director for EMEA and global sales director at Suunto. The appointment is intended to free up the Iberian distributor’s owners, Javier and Alejo Garriga, to strategize digital and operational growth. In September, Snow Factory also appointed ...
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News briefs
Aquasphere to engage swimmers for its R&D
Aquasphere has founded an R&D Hub that will rely on swimmers of any level from fitness to elite to help develop its products and the related marketing, retailing and merchandising. As a start, the Italian brand of swim goggles and masks has signed a deal with the French swim club ...
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News briefs
New Balance establishes an “athlete advisory board”
Stating that it “favors a partnership model relationship over a sponsorship,” New Balance has established what it calls the Athlete Advisory Board, described as a “collective” of professional athletes, executives and “brand associates” to “aid in the important work coming from the internal teams grounded on the principles of co-authorship.” ...
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Article
New revised ISPO Awards with four application deadlines per year
The ISPO Group has announced that it will now honor the highlights of the sporting goods industry four times a year with its conceptually revised ISPO Awards. As usual, a jury of experts will evaluate all submissions individually based on criteria such as design, function, sustainability and innovation – but ...
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News briefs
Crocs with two new SVPs
Source: Crocs Lori Foglia Crocs has hired Lori Foglia as senior vice president and chief product and merchandising officer. Foglia brings nearly 25 years of product, merchandising and retail experience to the company. She previously worked at Victoria’s Secret, where she spent nearly five years overseeing product ...
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Short stops
Sept. 18 Short Stops: Allbirds – Altra – Asics - Bergans – Cisalfa/Puma – Didriksons - Kathmandu - Lenzing – Oberalp – Supreme - United Sports Brands – Wieden &é Kennedy
Corporate: +++ The rating agency MSCI has raised its rating for the Lenzing Group from “A” to “AA” as of September 2021, placing Lenzing among the top six percent of rated companies in its peer group +++ United Sports Brands, the parent company of Nathan, McDavid, Shock Doctor ...
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