All Sporting Goods Intelligence articles in Volume 32, Issue 49+50
View all stories from this issue.
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News briefs
A new Absolute Teamsport partner in Germany
Sport Böckmann, a big German specialty team sports dealer based in Holdorf, will become the next partner in the roll-out of the Absolute Teamsport concept, Sport 2000’s new premium multi-channel format for team sports specialists. The long-time Sport 2000 partner will reopen its doors in the first quarter of 2022 ...
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ArticleAnalysis: The European Sports Retail Market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major sporting goods retailers in 15 European countries.
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Article
Lululemon bumps up guidance but Mirror struggles, airfreight costs rise
Lululemon Athletica increased guidance for sales and earnings guidance following a strong top and bottom line showing in the third quarter ended Oct. 31. The upgrade for the year came despite an unimpressive performance by its connected fitness business, Mirror, and higher airfreight costs amid ongoing global supply chain constraints. ...
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News briefs
New legal tussle between Adidas’ Primeknit and Nike’s FlyKnit
In the latest legal challenge over its labor-saving, knitted-upper Flyknit technology, Nike has filed a patent infringement suit in Oregon’s federal court against Adidas and asked the U.S. International Trade Commission to block imports of its latest Primeknit styles. The list of the products includes various lifestyle, football, running and ...
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News briefs
After losing the Nike and Adidas contracts, Italy’s Sport Alliance boosts its wholesale activities
Sport Alliance, the Italian buying group affiliated with Sport 2000 International, is further boosting its wholesale operations with a contract for the distribution of Cariuma skate shoes in Italy. The brand’s sustainable sneakers are developed and produced in Brazil. Sport Alliance still has one and a half years to go ...
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PDF NewsletterSGI Europe Executive Edition: Vol 32 - 49+50
Only 16 out of 64 sports retailers in 15 European countries didn’t decline in 2020 | Sports Direct’s parent grew by 23% in H1 | European running initiative by Sport 2000 | Rallye sells Go Sport for one euro | Adidas moves into the metaverse | ABG signs up licensees for Reebok | Lululemon’s sales rose by 30% in Q3 | New anti-Covid measures in Europe | Boycotts against China over Xinjiang | Bogner partners with Bodiseng for China | Allbirds still privileges growth over profit | Shoes will be sportier and costlier | New VBER rules are analyzed
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News briefsThe Kapsul neck protector becomes an ingredient brand
Kapsul Tech has started to market its neck protection device, rebranded as Kapsul, as an ingredient brand. The Canadian company is promoting awareness for the neck as a vulnerable and poorly protected part of the body in a variety of sports, especially among younger athletes, who still have underdeveloped neck ...
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Article
Sports Direct’s parent eyes record profits after post-lockdown bounce in H1
Frasers Group - the U.K.-based parent company of Sports Direct and other retail chains – said it was on track to post record profits for its full year, after sales in its first half ended Oct. 24 rose by 23.6 percent to £2,339.8 million (€2,736.6m-$3,089.1m). Top line gains were supported ...
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Short stops
Dec. 9 Short Stops: Bianchi - Namuk –Peak Sport - Roland-Garros – SIMA – Wilson/USTA – Winter Olympics - VAT on bikes
Corporate: +++ Saying that it spends more than 3% of sales on R&D, China’s Peak Sport reported the establishment of a new sports science laboratory in Xiamen, which is working with universities and other institutions to incubate innovative ideas for sports clothing and footwear +++ Bianchi plans to build ...
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News briefs
Footway launches ninth e-tail shop, focusing on racquet sports
The Footway Group has launched its ninth specialty e-commerce site, Racketnow.com, which will be selling tennis, badminton, squash, table tennis, padel and other racquet sports products online in 24 countries, operating under the supervision of Gustav Land, general manager of the project. “The ambition,” says Land, “is for Racketnow.com to ...
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Article
Sport 2000 launches the Running Experts Europe initiative
Sport 2000 has launched a new initiative, called Running Experts Europe, to federate the operators of specialist running shops all over Europe, starting with representatives from the Netherlands, Belgium, Switzerland and Germany. In these countries, the ANWR Group has bundled the activities of Sport 2000 through a joint company, Sport ...
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News briefs
Zara to offer subscriptions for on-demand workouts through partnership
Zara has struck a deal with TRX Training, which will be offering Zara’s customers subscriptions to its digital fitness platform, called TRX Training Club, for on-demand and live guided workouts. In tandem, Zara will be selling the company’s signature TRX product, the Suspension Trainer (which resembles a pair of Olympic ...
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News briefs
CCM Hockey’s parent acquires two brands of figure, roller and inline skates
Sport Maska, owner of the CCM Hockey brand, has acquired Tournament Sports Marketing. Headquartered in Cambridge, Ontario, Tournament owns the Jackson Ultima brand of figure skates and the Atom brand of roller and inline skates. Marrouane Nabih, Sport Maska’s CEO, calls it “a strategic acquisition that allows us to expand ...
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Short stops
Dec. 8 Short Stops: Adidas – Black Crows - Nike – Olympics – Peloton – PGA Show - X-Technology
Management: +++ Matthew Friend, executive vice president and chief financial officer of Nike, is going to join the board of directors of United Airlines +++ Kedar Deshpande is leaving as CEO of Zappos to become the CEO of Groupon, and his successor has not yet been named ...
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Article
Rallye sells Go Sport for one euro
Rallye is putting an end to its involvement in sporting goods retailing with the sale of Groupe Go Sport to Hermione People & Brands (HPB), which is now expected to be completed by Dec. 10. HPB has agreed to pay only one symbolic euro for the business, which is said ...
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News briefs
Addmaster develops anti-microbial drink-switcher
In collaboration with Mix Innovations, Addmaster has developed a way for thirsty runners, hikers and cyclists to choose water or a sports drink as they like, without any residue tainting the water. The M:X Dual Hydration System is a “small device,” with a drink switch, that “attaches to the shoulder ...
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News briefs
Energy drinks will grow faster than sports drinks
GlobalData – a market research agency founded in 2016, combining several smaller such firms, and headquartered in London – has released a report titled Energy and Sports Nutrition Market – Overview, Consumer Behavior and Market Trends. According to this report, the pandemic depressed the near totality of the market for ...
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News briefs
Adriano Testa, former president of FEDAS, has passed away
Adriano Testa, a former president of the European sporting goods federation (FEDAS), has passed away, aged 86. Inheriting the reputed Testa Sport sports store in St. Moritz from his father, he ran it from 1964 to 1996. As a member of ASMAS, the Swiss sporting goods retailers’ association, he acted ...
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News briefsHigg appoints a chief strategy officer to lead the platform’s expansion
Higg, the environmental software platform responsible for the Higg Index, has appointed James Schaffer as chief strategy officer to lead business development and partnerships. Schaffer’s experience in developing industry initiatives in the apparel sector, where Higg’s platform is widely used, is expected to be instrumental in guiding the company’s expansion ...
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Article
Adidas moves into the metaverse, and Ethereum
About two weeks after establishing partnerships with the cryptocurrency exchange Coinbase and the networked-gaming platform The Sandbox, Adidas has announced by tweet three new partners in its foray into the so-called metaverse. One is Bored Ape Yacht Club (BAYC), a collection of about 10,000 Bored Ape non-fungible tokens (NFTs) on ...
