All Sporting Goods Intelligence articles in Volume 32, Issue 43+44 – Page 4
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News briefs
Signa Sports United collects more funds before going public
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United, the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s sovereign ...
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Article
Decathlon is making new environmental pledges for 2026
Decathlon says it has spent the past two years working with the United Nations’ Intergovernmental Panel on Climate Change (IPCC) to bring its design, production and distribution into line with the Paris Agreement on the earth’s climate. It says that its carbon intensity (tCO2e per euro) has declined by 10 ...
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ArticleSome French employees strike over pay at Decathlon
The CFDT called on Decathlon’s employees to go on a national strike in France on Saturday, Oct. 16. The union, third largest by employee representation, is seeking to raise employee compensation in view of this year’s “record profits” at the French producer and retailer of sporting goods. According to a ...
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News briefsOrtovox avalanche transceiver with voice navigation now available for consumers
The new Diract Voice avalanche transceiver from Ortovox, which was awarded “Product of the Year” in the Snowsports category at ISPO Munich 2021 Online and voted Best Product of the Year by the ISPO Open Innovation Community, is now available in stores. So are its slimmed-down sister model, Diract, and ...
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News briefs
Hervis Team Run raises €100,000 for Austria’s Sports Aid
Hervis Sport, the Austrian sports retail chain, has raised a total of €100,000 for Österreichische Sportshilfe, an organization that helps breed international sports talents, with this year’s edition of its “Hervis Team Run.” Nine provincial teams and one celebrity team took part in the nationwide campaign, running for a total ...
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News briefsFoot Locker to launch new proprietary apparel line
Foot Locker is launching a new clothing line called LCKR by Foot Locker that ”merges sneaker and sports culture with the heritage of Foot Locker to bring a new iteration of casual wear to the market.” The launch is supported by U.S. rapper and activist Gunna, the first promotional protagonist ...
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News briefsPrimaLoft starts first consumer-facing campaign, making the unseen visible
PrimaLoft has launched its first consumer-facing image campaign for its insulation solutions under the headline “Seek the Unseen”. The advertising spot wants to inspire users to recognize the surprising emotional moments in life that often pass unnoticed – just like the components of a garment that have an impact on ...
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News briefs
Chinese power crunch adds to viral and shipping problems
Alarming new reports are coming in about serious shortages of components and finished products made in China, which may prevent brands, distributors and retailers in all the sectors to respond to a surge in post-pandemic demand ahead of the critical Christmas selling season. One major cause is a big shortage ...
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Short stops
Sept. 15 Short Stops: Adidas – Deals - Frasers Group – Louis Vuitton
Corporate: +++ Christopher Wootton, chief financial officer of Frasers Group, has been awarded 600,000 shares in the company, currently worth around £6.30 each, in the framework of an executive share scheme Statistics: +++ Quoting Refinitiv as the source, the Financial Times notes that the number of deals ...
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News briefs
LeBron James’ SpringHill sells minority stake to Nike and others
SpringHill Company – the video-production firm founded and led by the basketball player LeBron James and the sports marketer Maveric Carter (chairman and CEO respectively) - has sold a minority of its shares to Nike, RedBird Capital Partners, Fenway Sports Group and Epic Games. The deal suggests a valuation of ...
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News briefs
Venum seeks artistic recognition for MMA
Venum, a producer of combat-sports apparel and gear founded in France 15 years ago, has launched a campaign, under the hashtag #Weareartists, to get mixed martial arts (MMA) recognized as a fine art, on the same footing as sculpture, painting or music. “Our favorite MMA fighters display much more than ...
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ArticleUA elevates Massimo Baratto as chief consumer officer in management reshuffle
Under Armour has promoted Massimo Baratto to the interesting new position of executive vice president and chief consumer officer, effective Nov. 1. He has been serving since May 2018 as managing director of the company’s EMEA region, based in Amsterdam. In conjunction with this announcement, UA said that he will ...
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News briefsFree matchmaking program with the Korea Outdoor & Sports Industry Association
The Korea Outdoor & Sports Industry Association (KOIA), one of the most active and advanced national industry associations in the world, is organizing a series of online matchmaking events with European brands, distributors and retailers in view of the new EU–Korean free-trade agreement. Taking place at different time slots in ...
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