All Sporting Goods Intelligence articles in Volume 33, Issue 35+36
View all stories from this issue.
-
PDF NewsletterSGI Europe Executive Edition: Vol 33 - 35+36
Kasper Rorsted to leave Adidas | Peloton Interactive posts $1.24 billion Q4 loss | E-commerce, DTC model bolstered Anta H1 Sales | Foot Locker lowers FY22 outlook slightly, but stock soars on CEO hire | Norwegian sports specialty market grew by 3.6% in 2021 | Callaway Golf to change company name | Canada Goose appoints president for its China business | Xtep profit jumps 38 percent in H1 | 361 Degrees reports 8.7 percent gain in H1 operating income | Super Retail Group posts strong H2 comps | Björn Borg’s sales are down but own e-commerce posts strong growth
-
News briefsAdidas unveils federation kits for World Cup in Qatar
Adidas has revealed the home and away federation kits created for the national teams of Argentina, Germany, Japan, Mexico and Spain that will be worn at the FIFA World Cup 2022 later this year. Each kit was designed “as a canvas for creativity, and an opportunity to capture and express ...
-
News briefsSports Direct’s owner wants to buy MySale
Frasers Group, the owner of Sports Direct, has made a cash offer for Australian off-price marketplace MySale, in which Frasers Group is already the largest shareholder. Frasers acquired a 28.7 percent stake in MySale earlier this summer, as reported by SGI Europe at the time. The retail group has now ...
-
News briefsNike drapes Williams in diamond-studded outfit at US Open
Source: Nike PE NikeCourt Flare 2 for Serena Williams’ US Open participation Serena Williams is wearing a special outfit at the US Open in New York, which is set to be the last tournament of her career. Inspired by figure skating apparel, the outfit incorporates a crystal-encrusted ...
-
News briefs
Google becomes FIBA’s first global partner of women’s basketball
The International Basketball Federation (FIBA) has announced Google as the first-ever global partner of Women’s Basketball and the FIBA Women’s Basketball World Cup. The partnership will debut with the FIBA Women’s Basketball World Cup in Sydney on Sep. 22, where the technology giant will be the exclusive presenter of the ...
-
News briefsNeonyt moves to Düsseldorf
The next edition of Neonyt, Messe Frankfurt’s sustainable fashion and business show, will take place in Düsseldorf for the first time in January 2023. Originally known as the Paris-based Ethical Fashion Show, the event was bought by Messe Frankfurt in 2012 and merged with its own Greenshowroom Berlin. Neonyt will ...
-
News briefsPeloton with delayed annual report
Peloton Interactive will need up to 15 additional days to file its 10-K report for the fiscal year ended June 30, which was due Aug. 29, according to a filing with the U.S. Securities and Exchange Commission (SEC). The reason given is that the company is still calculating the impairment ...
-
ArticleElan receives Green Star recognition
The sustainable actions taken by Slovenian ski manufacturer Elan have been awarded Green Star, the first certification of its kind for contributing to carbon neutrality and a greener future. The CER Sustainable Business Network, a Slovenia-based independent auditor, uses science-based metrics and data to set strategic priorities ...
-
News briefsFila taps Brandon Maxwell as guest designer for new tennis collection
Fila North America has tapped Brandon Maxwell, creative director of luxury ready-to-wear label Brandon Maxwell, as a guest designer for a new women’s tennis collection – Maxwell’s first foray into tennis apparel. Fila by Brandon Maxwell combines Fila’s strong Italian heritage and legacy of athletic design innovation with Brandon Maxwell’s ...
-
News briefsIntersport launches new Energetics brand, bearing new sustainability logo
Source: Intersport Intersport’s Energetics brand, a new collection for training, running and yoga, focuses on sustainability. Every third product in the collection for FW 22/23 for training already bears the new “Green Series” logo that Intersport introduced this summer for its exclusive brands. “The new sustainability label ...
-
News briefsSaucony launches apparel collection made from regenerated polyester
Source: Saucony/Ambercycle Cycora Lab Saucony unveiled the new Saucony x Cycora collection, a range of running tops made in part from Cycora material, a regenerated polyester derived from textile waste that would otherwise end up in landfills. The men’s and women’s collection consists of a tank, crop ...
-
News briefsD3O appoints SVP marketing, North America
Source: D3O via ShopEatSurf Kevin Franks D3O, a U.K.-based specialist provider of impact protection solutions and materials, has appointed Kevin Franks as SVP marketing, North America. Franks joins D3O with more than two decades of marketing and brand management experience in the cycling and powersports industry, including ...
-
News briefsMarchon promotes CMO, SVP global brands to president
VSP Vision has promoted Thomas Burkhardt from chief marketing officer and senior vice president of global brands, marketing and design at Marchon to Marchon’s president. He will be reporting to VSP’s chief operating officer, Earnie Franklin. Burkhardt is succeeding Nicola Zotta, president since 2016. This is the same year Marchon ...
-
News briefsVP of Meta’s VR platform resigns
Vivek Sharma, vice president of Meta’s social virtual-reality platform, is resigning after six years with the company, a spokesman for the company has confirmed to The Verge. Sharma’s team will be reporting to Vishal Shah, vice president of Meta’s metaverse. Facebook describes the platform, called Horizon Worlds, as a “social ...
-
ArticleOn releases 2021 Impact Progress Report
On Holding AG has released its 2021 Impact Progress Report, providing a comprehensive view of its approach to and progress on its sustainability initiatives across the Company. Key highlights in the priority areas include: On is taking big strides on its sustainability mission, having delivered the first fully recyclable ...
-
News briefsAthleta experiences near-term softness on consumer shift
Athleta, The Gap, Inc.-owned women’s active and wellness brand, generated a 1 percent increase in second-quarter sales to $344 million, with year-over-year comparable store sales declining 8 percent for the six months ended June 30. Period revenues were 37 percent higher than in Q2/2019. Despite a modest slowdown in the ...
-
![Swiss-Ski 2022 Zermatt_2662[1]_16_9](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/4/1/2/18412_swissski2022zermatt_26621_16_9_467984_crop.jpg)
News briefsOne Way enters alpine ski World Cup
Source: Swiss Ski Daniel Yule After nearly two decades of numerous achievements in biathlon and cross-country skiing, One Way is entering the Alpine World Cup in the 2022/23 winter season. Swiss ski racer and slalom specialist Daniel Yule will be one of the first athletes to rely ...
-
News briefsiFit Health & Fitness reportedly loses key executives as CEO search continues
IFit Health & Fitness, the U.S. connected fitness company that formally withdrew its registration statement for an initial public offering in early April, is losing two top senior executives, according to a report by the NY Post yesterday. CFO Steve Barr, named co-president in February, and Tony Smith, a 28-year ...
-
News briefsNike opens first flagship in West Africa
Nike has opened a 500-square-meter flagship store in Lagos. It is the brand’s first in Nigeria and the whole of West Africa. The store is powered by Hudson Brand Development Nigeria, a subsidiary of Hudson Holdings Group, the retail partner for Nike and other sports and fashion brands in the ...
-
News briefsAmazon to adopt green hydrogen
Amazon has signed an agreement with Plug Power to supply 10,950 tons per year of green hydrogen for its transportation and building operations, starting in 2025. The move is part of Amazon’s efforts to meet its Climate Pledge commitment to be net-zero carbon across its operations by 2040. Amazon co-founded ...
