All Sporting Goods Intelligence articles in Volume 33, Issue 31+32 – Page 4
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News briefsRebag now also sells Adidas, Yeezy, Nike, Jordan
Luxury re-commerce platform Rebag is now offering shoes and apparel on its platform in addition to bags, watches and jewelry. This includes products from the Adidas, Yeezy, Nike and Jordan brands. “Shoes have been one of the top requests, so of course, we listened. We applied Rebag’s meticulousness for sourcing ...
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News briefsSports Alliance: Fitness industry is male-dominated
The international fitness industry is male-dominated, and leadership positions are mainly held by men. This is the conclusion of a study conducted by Sport Alliance and Women in Fitness Association (WIFA). A total of 679 participants from the fitness industry took part in the (non-representative) global online survey. The results ...
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News briefsSurf Expo with more than 600 exhibiting brands in September in Orlando
Surf Expo, the world’s largest and longest-running watersports, beach and resort lifestyle trade show, returns to the Orange County Convention Center in Orlando, Florida, Sept. 8-10. According to organizers, the show will feature more than 600 exhibitors – including 150 new brands – and 18 percent more floor space than ...
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News briefsStravito partners with KnowledgeHound to centralize survey data in one platform
Swedish software provider Stravito, a platform aimed at democratizing access to market research data, has announced a partnership with KnowledgeHound, a U.S.-based survey analytics platform, to offer fully centralized insights management. Companies subscribing to both platforms and taking advantage of this new integration can now access all of their survey ...
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ArticleAlibaba seeks initial listing on Hong Kong Stock Exchange, maintains listing on NYSE
Alibaba’s board has authorized the management to apply for an initial listing on the Main Board of the HKSE while also remaining listed in New York.
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News briefsGym+Coffee closes financing round and raises €17 million to grow internationally
Irish athleisure clothing and accessories brand Gym+Coffee has closed a funding round, raising a €17 million investment by CastleGate Investments, led by Roy Barrett and Tommy Kelly, alongside California investment and marketing firm West Ventures. According to the Irish newspaper Independent.ie, Castlegate is headed by former Goodbody Stockbrokers managing director ...
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News briefs
Bangladesh’s garment manufacturers ask IMF for support to achieve export target
According to an article on the Indian news website Daily Sun, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appealed to the International Monetary Fund (IMF) for support to achieve the country’s garment industry’s strategic vision of reaching $100 billion worth of garment exports by 2030. BGMEA president Faruque ...
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News briefsUA revamps retail in Spain, opens brand store
Under Armour (UA) has opened its first own store in Spain, according to CMDsport. Located at the Westfield La Maquinista mall in Barcelona, the store covers 450 square meters and sells men’s and women’s apparel, shoes and accessories for fitness, running, basketball and other sports. The brand has been operating ...
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News briefsRenewed speculations about an Athleta spin-off from Gap
A recent report by Forbes has suggested, based on a comment by a Credit Suisse analyst, that the chances for an Athleta spin-off have risen “significantly” following the departure of Sonia Syngal, Gap Inc.’s former CEO. Syngal suddenly resigned effective immediately July 11 as Gap struggles with declining sales. She ...
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News briefsDeetect Bys, a new French sportswear brand
Cécile Mathieu, a 20-year-old basketball enthusiast from the French region of Dordogne, has created a new sportswear brand called Deetect bys (“be your success”). The brand targets pro athletes and amateurs alike. The self-taught entrepreneur was trained through online courses, Actu.fr has reported. Mathieu currently offers a collection of two ...
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News briefsLululemon debuts on JD.com
Canadian sportswear retailer Lululemon officially launched its digital flagship store on July 18 in the J Shop, JD’s upgrade of its fashion and lifestyle business. The launch, which was announced by the Chinese e-tailer, is part of Lululemon’s international growth strategy. JD.com, headquartered in Beijing, is one of the two ...
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News briefsPGA of America and Elysian Park Ventures create investment vehicle for golf startups
PGA of America and Elysian Park Ventures have created EP Golf Ventures, a new investment partnership designed to support innovation in the golf industry. PGA of America and Elysian Park directly committed capital to the fund and are now selecting additional investors. Elysian Park Ventures, the private investment arm created ...
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News briefsSafilo Group joins The Fashion Pact
Safilo Group has joined The Fashion Pact, a global sustainability coalition of companies in the fashion and textile industry, the company announced earlier this week. According to its website presentation, The Fashion Pact was launched at the G7 Summit in Biarritz, France, in 2019 as a mission given to Kering ...
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News briefsEA’s FIFA video game will feature women’s teams for the first time
Electronic Arts (EA), the global specialist in digital interactive entertainment, has revealed that EA Sports FIFA 23 will feature women’s club teams for the first time with the inclusion of the Barclays Women’s Super League and Division 1 Arkema, the highest divisions of women’s football in England and France, respectively. ...
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ArticleItaly’s sports economy contributes €24.5 billion to national GDP, a 1.9% increase
The contribution of the sports economy to Italy’s gross domestic product (GDP) is around €24.5 billion, namely 1.37 percent of the country’s total GDP, and a workforce of 420,000 people, according to a recent report by Istituto per il Credito Sportivo (ICS). The study titled Il PIL dello sport. La ...
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News briefsJD Sports re-affirms FY Ebit guidance, continues CEO search
Updating its June 22 statement on year-to-date results, JD Sports said total sales in the group’s like-for-like businesses were 5 percent ahead of year-ago levels through June 30. With the positive result, JD is maintaining a performance outlook that calls for profits before tax and exceptional items for the fiscal ...
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News briefs
Rawlings acquires Jack Corbett Hollywood Bases
Rawlings Sporting Goods Company, the global brand and manufacturer of baseball and softball equipment, has acquired the Jack Corbett Hollywood Bases brand from Schutt Sports. The acquisition allows Rawlings to add field bases and accessories to its list of officially licensed Major League Baseball (MLB) products. The Jack Corbett Hollywood ...
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News briefs
Viaplay Group acquires Premier Sports
International streaming company Viaplay Group AB has agreed to acquire Premier Sports, a U.K.-based sports streamer and TV channel operator. The transaction values Premier Sports at £30 million (€35.2m) on a cash and debt-free basis, said Viaplay in a statement. The move comes ahead of the launch of Viaplay’s streaming ...
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News briefs
Assosport launches its Sport Market Observatory
Assosport, the Italian sporting goods industry association, has launched the Sport Market Observatory, a project to collect data, by product category and geographical area, on the sell-in Italian market. The project is a collaboration with the owners and managers of companies in the winter sports sector, including Atomic-Salomon, Head, Rossignol-Lange, ...
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News briefsAnta Sports receives corporate and product awards
Anta Sports is celebrating multiple honors for corporate and product achievements. In the 2022 All-Asia executive team rankings conducted by Institutional Investor the Chinese company won first place in the “Most Honorable Company” and the overall first place for “Best CFO” in the consumer discretionary category. In addition, Anta ranked ...
