All Sporting Goods Intelligence articles in Volume 33, Issue 33+34 – Page 4
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News briefsSLF introduces new system to improve transparency
The Sustainable Leather Foundation (SLF) has rolled out a system that is newly connecting dynamic QR codes and SLF partner profiles with individual company websites, the SLF website and the respective company’s personal transparency dashboard. The new network aims to create a holistic transparent approach for the ...
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News briefsPangaia launches first capsule collection with recycled textile dyes
Named “re-color,” a new textile capsule launched by materials specialist Pangaia is premiering colors extracted from textile waste. Utilizing new technologies from different industries, Pangaia is working towards full circularity. The dyeing technology for the re-color capsule makes use of clothing unsuitable for fiber recycling, offering the possibility to integrate ...
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News briefsSales up for H1 at Base Detall Sport
Sales for the first half of 2022 were up by 14 percent year-on-year at Base Detall Sport, according to Palco23. The Spanish buying group’s sell-out for the period was up by 10.5 percent. Base attributes this success to the three-part plan – verticalization, digitalization, and expansion – that it adopted ...
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News briefsGrowth stalls in production of Spanish sporting goods
According to the preliminary figures of the National Statistical Institute (INE), Palco23 reports, Spain’s industry production index (IPI) for sporting goods has dropped by 13 percent year-on-year for June. This marks the end of a nine-month streak of growth. A consecutive six of those months – December (70.1%), January (43.2%), ...
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News briefsNew Balance returning to the Iberian Peninsula
As planned, New Balance will be opening its first stores on the Iberian Peninsula since January’s closing of all 22 of its stores there, Palco23 reports. The first two for Spain will be in Las Rosas Village in Madrid and La Roca Village in Barcelona. Outlets will follow at Rambla ...
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Short stops
Short Stops Week 32, 2022
E-COMMERCE & DTC +++ In collaboration with Celeritas and PuntoMOX, Aliexpress – the online retail marketplace operated by Alibaba – has over the past year expanded its network of click-and-collect pick-up points in Spain to about 5,000, according to Diffusion Sport +++ EXECUTIVE CHANGES +++ Planet Fitness promoted ...
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News briefsMcLaren teams up with Athletic Propulsion Labs on $450 sneaker
British carmaker McLaren Automotive and Athletic Propulsion Labs (APL), the high-performance athletic footwear brand, have teamed up to create a new range of luxury footwear. The first offering from the collaboration is the limited-edition APL | McLaren HySpeed, a new silhouette designed as an all-purpose performance running shoe inspired by ...
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News briefsFacebook Live Shopping shuts down
Source: Meta / Facebook Effective Oct. 1, 2022, retailers will no longer be able to host new or planned live shopping events on Facebook, Meta announced in a blog post. Facebook Live can still be used to broadcast live events, but it will not be possible to ...
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News briefsTour of Britain still open for title and jersey sponsors
With just one month to go until the race, scheduled to start on Sept. 11, the organizers of the Tour of Britain have announced that opportunities are still available for title and jersey sponsorships “due to a late change.” The event’s chairman, Hugh Roberts, explained that they “recently had a ...
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News briefsEngo Eyewear unveils connected glasses for endurance athletes
Engo Eyewear, a specialist in connected eyewear for endurance athletes, has introduced the Engo 2, described as “the lightest and most technologically advanced eyewear created specifically for endurance athletes.” It features Engo’s ActiveLook 2.0 technology, designed to give users greater ability to customize the data projected into their field of ...
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ArticleGlobal gym accessories market growing at 6.2% CAGR to 2031
The global gym accessories industry was estimated at $6.51 billion in 2021 and is expected to reach $12.01 billion by 2031, registering a compound annual growth rate (CAGR) of 6.2 percent from 2022 to 2031, according to a new report by Allied Market Research. The experts said that the growth ...
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ArticleGoPro Q1 revenues driven by subscriptions, EMEA and APAC
Action camera maker GoPro is approaching two million subscribers after the total grew 65 percent (or 754,000 subs year-over-year) in Q2 to reach 1.91 million. The company’s subscription and service segment revenues rose 70 percent to $20.1 million for the period ended June 30, while hardware sales declined 1.1 percent ...
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News briefsTour de France 2022 was a TV blockbuster in Europe
This year’s Tour de France, which ended on the Champs-Élysées in Paris on July 24, attracted the biggest TV audiences for European Broadcasting Union (EBU) countries overall, in terms of hours viewed, since 2015. The iconic cycling race racked up a total number of over 400 million hours viewed in ...
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News briefsLimeLight partners with Carbon Char Store to achieve carbon-neutral events
LimeLight Sports Group (LSG), the U.K.-based producer of multisport and running events, has teamed up with carbon removals platform Carbon Char Store in what is described as “an industry-first collaboration.” The event organizer is committing to all LSG Club-owned events being carbon neutral by 2023. The innovative collaboration aims to ...
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ArticleAlpargatas sees Havaianas’ revenues fall double-digits in U.S., China
Alpargatas suffered double-digit sales declines for its rubber sandal brand in both the U.S. and China during the second quarter but realized an 11.8 percent increase in price per pair during the period. Havaianas’ sales declined 46.3 percent in China to 8.7 million Brazilian reais (€1.7m) due to the country’s ...
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News briefsAdidas supplier NTX closes $200 million funding round
The textile technology company NTX, based in Singapore and Shanghai, has completed the funding of nearly $200 million in a C2 financing round led by Centurium Capital, with additional contributions from existing shareholder NRL Capital. Index Capital served as the exclusive financial advisor. According to a company release, the funding ...
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News briefsDecathlon partners with Zeus Labs for U.K. distribution
Decathlon has chosen London-based start-up Zeus Labs to help handle its U.K. freight. Zeus now reportedly handles nearly half of all the retailer’s restocking in the U.K. Zeus was founded by Jai Kanwar and Clemente Theotokis in 2019. It’s a digital freight platform with a vision to drive efficiency in ...
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ArticleStrong start of the Functional Fabric Fair in New York
Functional Fabric Fair New York – powered by Performance Days® is a trade-exclusive event showcasing the latest trends in fabric development for the functional textile industry and provides a suitable marketplace in the U.S. for sourcing high-performance functional fabrics and accessories. On July 19-20, for the first time in three ...
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News briefsGB ski team to receive less funding for alpine racing
Although Dave Ryding made history in January with his victory in the slalom on the Streif in Kitzbühel, GB Snowsport has now had to issue a statement after an overall mixed season with disappointing Winter Games, saying that “UK Sport have deemed the three disciplines [Alpine, Cross-Country and Para Nordic] ...
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News briefsAlibaba appoints two new independent directors
Alibaba Group announced that Irene Yun-Lien Lee, chairman of Hysan Development Company Limited, and Albert Kong Ping Ng, former chairman of Ernst & Young China, have been appointed to the company’s board as independent directors, effective Aug. 4. Following these appointments, the company’s board currently consists of twelve directors, including ...
