All Sporting Goods Intelligence articles in Volume 33, Issue 37+38
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 37+38
Global sports apparel market bounces back, Europe up 33% in 2022 | ISPO Munich 2022: What to expect | Why sporting goods industry inventories rose by 57% in Q2 2022 | Peloton’s co-founders Foley and Kushi step down | Reebok names new CEO as Matt O’Toole moves to ABG | Gymshark opens first brick-and-mortar store | Physical retail in Sweden grows 3% in 2021 | Lululemon stays on strong course, no change to markdown strategy | Zumiez adjusting assortments as customers seek value | Canada Goose shows optimism about consumer demand | Chairman of Pou Sheng resigns, successor already in place | Nike teams up with ILO to reduce road accidents among garment and footwear workers | New Wave Group acquires B.T.C. Activewear | ESG Report 2022: Alibaba reduces carbon footprint by 620,000 tons using renewable energy
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News briefsDecathlon Italy joins forces with Leroy Merlin on World Cleanup Day
Decathlon Italy will team up with improvement and gardening retailer Leroy Merlin on the occasion of this year’s World Cleanup Day on Sep. 17. Employees from 130 of their stores will join forces with customers and other citizens on a series of initiatives organized by the two retailers across Italy ...
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News briefsNike debuts robotic system that cleans and repairs sneakers
Source: Nike Nike B.I.L.L. in action Nike has unveiled B.I.L.L. (Bot Initiated Longevity Lab), a robot-augmented system that is said to clean and repair shoes with selected customizations. By using advanced robotics, combined with old-school handcraft, water-based cleaning products and recycled polyester patches, B.I.L.L. is currently capable ...
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News briefs
Saudi Arabia considers co-hosting the 2030 FIFA World Cup
Saudi Arabia is reportedly planning to announce a joint bid to host the 2030 FIFA World Cup alongside Greece and Egypt. The Times has reported that an announcement by Saudi authorities is “imminent,” adding that Saudi Arabia would be the lead partner, contributing at least to the infrastructure costs endured ...
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News briefsHelly Hansen renews its partnership with American Magic
Helly Hansen has announced its continued partnership with New York Yacht Club American Magic, the U.S. Challenger for the 37th America’s Cup. The Norwegian-based brand and the sailing team are again joining forces in a partnership that will bring together top athletes, coaches, designers, R&D, engineers and support teams to ...
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News briefs
Tonal seeks to raise $100 million in financing
Bloomberg reported that Tonal Systems is seeking $100 million in financing in a deal that would value the company at $1.9 billion. The home fitness start-up, launched in 2015 and based in San Francisco, has previously raised money from athletes including Serena Williams, LeBron James, Drew Brees and Mike Tyson. ...
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News briefsCalifornia ski boot company seeks buyer to further expand business
The CEO of Mad Jack Snowsports, Kristin Mehiel, has announced that she intends to sell the company to give it the opportunity to grow further. The California-based company has in the past launched a novel ski boot that allows users to ski with the comfort of a snowboard boot: the ...
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SponsoredEnhance customer experience with a workout-based loyalty solution
How Stready’s loyalty solution supercharges engagement, loyalty and data with a workout-based loyalty solution.
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News briefsFila launches a capsule collection with Haider Ackermann
Fila has announced a collaboration with Haider Ackermann. The Colombian-born French designer will create a one-off collection of menswear, womenswear and accessories for the sportswear brand. The collaborative capsule collection will be unveiled with a fashion show in Manchester, U.K. on Nov. 17, 2022.
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News briefsSport 2000 Austria celebrates 50th anniversary
Over the past 50 years, Sport 2000 Austria has developed from a small garage with ten retailers to Austria’s largest sports retailer community with currently 232 retailers. Sport 2000 Austria employs around 3,450 people and will achieve a projected turnover of 700 million euros in its anniversary year (estimate based ...
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ArticleFinal countdown to European Outdoor Summit 2022 in Annecy
After a two-year hiatus, the European Outdoor Group (EOG) has partnered with OSV to put together an impressive lineup of speakers and sessions. More than 150 senior executives have already booked places
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C-Suite InterviewAn interview with Intersport’s new chairwoman
Intersport International’s new chairwoman, Corinne Gensollen, has granted an interview to sport-guide.com. She is the first woman to hold the post and has been replaced as general manager of Intersport France by Sylvain Darracq.
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News briefsSalomon revamps logo, presents new claim and campaign
Salomon is addressing customers with a new brand slogan and appearance. The claim “tomorrow is yours,” created by the French agency DBB Paris, aims to invite people to connect with nature and embrace their personal future and the future of the planet in all aspects. One goal of the new ...
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News briefsInstagram changes e-commerce strategy step by step
Meta, the parent company of Instagram and Facebook, has announced another change to Instagram’s e-commerce options. According to an internal memo quoted by The Information, it plans to remove the platform’s “Shopping” page due to “shifts in company priorities.” Instagram plans to pivot toward a less personalized version of the ...
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News briefsEquip App raises CHF 5 million to revolutionize access to sports
Geneva-based private equity firm The New Frontiers (TNF) led the 5 million Swiss francs funding round for Equip, a self-service rental app founded in 2021 that promises to fundamentally change the way sports are played at the local level. Equip was born in Switzerland in 2021 out of a desire ...
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News briefsDecathlon Spain recognized for promotion of cycling
On Sep. 9, the Spanish Royal Cycling Federation (RFEC) – part of the Ministry of Transport, Mobility and Urban Agenda – bestowed its Bike Territory seal on Decathlon Spain, according to Diffusion Sport. Decathlon is the first company to receive the seal, which recognizes the promotion of cycling, to customers ...
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News briefsSalomon launches new loyalty program S/Plus
Salomon’s new free loyalty program S/Plus offers its members free shipping, free events, exclusive offers tailored to the member’s interests and special rewards. This is how Salomon strives to strengthen customer loyalty. Consumers can sign up for S/Plus either online or at Salomon stores. In addition, there ...
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News briefsCorinne Gensollen named new chair of Intersport International
Source: IIC Corinne Gensollen, Intersport International Corporation’s new chairwoman At its annual general meeting in Helsinki, the delegates of the national Intersport organizations voted for Intersport International Corporation’s (IIC) new board of management. Rick White was re-elected as an independent IIC board member from Canada. At the ...
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News briefsPuma launches metaverse website, NFTs
Puma has launched a metaverse website – “an immersive and interactive place to experience the future of the brand” – that will be offering NFTs, “web3 activations,” and limited-edition redeemable physical sneakers. Called Black Station, the website will form part of Puma’s “Futrograde” show for New York Fashion Week. ...
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ArticlePeloton’s co-founders Foley and Kushi step down
Peloton Interactive announced that it has accepted the resignations of John Foley as executive chair and Hisao Kushi as chief legal officer, effective Sep. 12, 2022, and Oct. 3, 2022, respectively. Foley co-founded Peloton in 2012 and has built the company into a global interactive fitness platform. After previously serving ...
