All Sporting Goods Intelligence articles in Volume 33, Issue 31+32
View all stories from this issue.
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ArticleMarket Analysis: The athletic footwear market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major global athletic footwear brands including breakdown by region.
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 31+32
Athletic footwear global sales surged 26.4% in 2021 | Puma raises FY revenue outlook, maintains Ebit forecast | Under Armour prepares for inventory challenges, major drop in FY gross margin | Hoka hits new heights, aims for more | VF posts quarterly loss, but EMEA is strongest region | Frasers Group recovers from Covid and posts rising profits | Alibaba seeks initial listing on Hong Kong Stock Exchange, maintains listing on NYSE | Skechers adopts cautious H2 outlook, plans further distribution center investments | Technogym H1 results pumped up by B2B, North America | Garmin’s Q2 revenues hurt by another double-digit drop for fitness | Bogner records most successful financial year since | Grupo SBF generates 32% of quarterly sales from digital | Shimano sees strong H1 demand despite “cooling down” signs | Moncler results bolstered by big EMEA sales gain | Columbia revises FY22 outlook, will lean on key markets
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ArticleUnder Armour prepares for inventory challenges, major drop in FY gross margin, seeks new CEO
Under Armour, which has faced more than its share of challenges in recent years, is bracing for another one but vowing to take its message, products, and brand to more consumers worldwide with renewed focus with more than $600 million in global marketing dollars and unaided brand awareness of 92 ...
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ArticleTechnogym H1 results pumped up by B2B, North America
Technogym total revenues lifted 17 percent higher in the first half to €325,223,000 from €276,255,000, bolstered by a 35 percent increase in B2B sales to €241.4 million and a nearly 53 percent revenue gain in the North American region to €45.3 million on growth in the hospitality & residential and ...
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![Cara Delevingne supporting Conference of the People, powered by PUMA on 6th Sept 22[2]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/8/4/1/17841_caradelevingnesupportingconferenceofthepeoplepoweredbypumaon6thsept222_127218_crop.jpg)
ArticlePuma to host event to discuss solutions for a more sustainable fashion industry
Puma plans to discuss solutions to some of the fashion industry’s most pressing sustainability issues, including waste, materials and climate change, at an event in London on Sept. 6 that will be digitally streamed around the world. The “Conference of the People” will feature industry peers, activists, ...
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News briefsEA Sports replaces Santander as title sponsor of LaLiga from 2023/24
Electronic Arts (EA), the global specialist in digital interactive entertainment, and LaLiga have announced that they have entered into a multi-year partnership agreement. Starting in the 2023/24 season and for five seasons, the partnership will include title naming rights for all LaLiga competitions, as well as a complete rebrand of ...
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News briefsFoot Locker releases updated report on LEED initiative
Foot Locker has released its second annual progress report detailing its efforts to support the Black community globally. The Leading Education & Economic Development (LEED) Initiative, launched in June 2020, is the company’s $200 million commitment to the Black community. Through the end of FY21, Foot Locker says it has ...
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ArticleGerman trade show industry aims to be climate neutral by 2040
”The German trade show industry will be climate neutral by 2040,” claimed a press release from AUMA (German Association of the Exhibition and Trade Show Industry) this week. According to the statement, by 2025 at the latest, German trade shows will be powered by 100 percent green electricity. As early ...
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News briefsFirst German NBA Store will open this fall
The National Basketball Association (NBA) and Fanatics have announced that an NBA Store will open this fall in Berlin. The new store, located at Alte Potsdamer Straße 7, in The Playce at Potsdamer Platz, will be operated by Lids. The opening will mark the first NBA Store in Germany and ...
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News briefsLi Ning with new group VP, CFO
Li Ning announced the appointment of Zhao Dong Sheng as group vice president and chief financial officer, effective Aug. 1. Zhao has nearly 25 years of experience in the fast-moving consumer goods industry. Previously, he was with Swire Coca-Cola (China) Co. Ltd. as general manager of finance. He is a ...
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News briefs
Lululemon store in Washington D.C. first to embark on unionization
Workers at a Lululemon store in Washington, D.C., in the Georgetown neighborhood, have filed a request with the National Labor Relations Board (NLRB) to hold a union election. It is the first Lululemon location to embark on the unionization process. The group of workers is looking for the employer to ...
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News briefsAdidas reportedly to replace New Balance as AS Roma technical partner
The contract between New Balance and Italian football club A.S. Roma is due to expire at the end of the 2022/23 Serie A season. According to the Italian newspaper Il Tempo, the deal will not be extended, and Adidas is set to take over as a technical partner in a ...
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ArticleBogner records most successful financial year since 2015
Despite the geopolitical and global economic situation, the German luxury sports fashion company Bogner was able to continue its growth course in fiscal year 2021/22 (ended March 31). The company thereby recorded its most successful fiscal year since 2015, with sales of €166.3 million, up 36 percent on the previous ...
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ArticleGrupo SBF generates 32% of quarterly sales from digital
Grupo SBF, which operates Brazil’s top sporting goods chain in Centauro and has distributed Nike in the South American market since Dec. 2021, reported a 2.7 decline in adjusted Ebitda to 154,764,000 Brazilian reais (€29.6m) for the period ended June 30. Operating income declined by 25.0 percent to BRL $70,503,000 ...
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News briefsPentland Brands appoints new creative director
Source: Pentland Brands Paisley Wright, new director of creative (Pentland Creative Agency) Pentland Brands, owner of several sports, outdoor and lifestyle brands including Speedo, Berghaus, Ellesse, Canterbury of New Zealand, Mitre and Endura, has appointed Paisley Wright as its new creative director. Wright, who joins the company ...
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News briefsXponential Fitness signs master franchise agreement with CycleBar for Japan
Xponential Fitness, a global franchisor of boutique fitness brands based in California, has signed a master franchise agreement in Japan for the indoor cycling brand CycleBar. The deal, signed with Xponential’s master franchisee for Club Pilates in Japan, allows the new master franchisee to license at least 30 CycleBar studios ...
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News briefsJD Sports appoints new CEO
JD Sports Fashion has appointed Régis Schultz as the company’s new CEO. The appointment was preceded by an extensive global executive search process, which had also caused repeated speculation in the media. Schultz is expected to start at JD in September. At that time, Kath Smith will fully hand over ...
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News briefsFirst French NBA store opens in Paris' Latin Quarter
The National Basketball Association (NBA) and Fanatics have announced the opening of the first NBA Store in Paris. The new three-floor, 300-sqm store is located at 20 Boulevard Saint-Michel, in the Latin Quarter. It’s only the third NBA store in Europe, after London and Milan, and the first in France. ...
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News briefsAlison Brittain to become Premier League’s first female chair
England’s Premier League has announced that Alison Brittain will become its new chair after clubs voted unanimously in favor of her appointment. She will replace interim chair Peter McCormick in early 2023, becoming the first female chair in the history of the world’s biggest domestic football competition. Brittain currently serves ...
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News briefsFITEX Paris, a new fitness show
FITEX is a new trade show and congress experience that will debut in Paris later this year. The event’s first edition is scheduled to take place at the Parc Floral, in the 12th arrondissement of France’s capital city, from Oct. 6 to 9. The show will be open to professionals ...
