All Sporting Goods Intelligence articles in Volume 33, Issue 37+38 – Page 3
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News briefsNike Forward is said to revolutionize apparel creation
Source: Nike Nike Forward pocket detail Nike is introducing “a game-changing innovation platform revolutionizing apparel creation,” dubbed Nike Forward. The process of creating Nike Forward, which Nike says required over five years of research and development, needs fewer steps than traditional Nike knits and woven processes. Rather ...
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News briefsSnowsports year-round in the heart of Stockholm
SkiStar, a company that runs Scandinavia’s biggest resorts, has worked with dry slop surface manufacturer Neveplast to create SkiStar SummerSki, a new 470-meter long dry ski slope in the heart of Stockholm. With an overall skiable surface of 9,000 square meters, the slope is one of Europe’s longest and largest ...
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News briefsComeback of Munich Fabric Start after the pandemic
Source: Munich Fabric Start The 50th edition of Munich Fabric Start, the international fabric trade show in Munich, which was held from Aug. 30 to Sep. 1, hosted around 900 exhibitors from 40 countries on a total exhibition area of 45,000 square meters. The event’s exhibition area ...
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ArticleReebok names new CEO as Matt O’Toole moves to ABG
Source: Reebok Todd Krinsky Reebok has tapped Todd Krinsky, a 30-year company veteran and member of its senior leadership team for more than a decade, as its new CEO. He is replacing Matt O’Toole, president and CEO of Reebok, who is moving to executive vice chairman of ...
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News briefsCallaway completes name change
Source: Topgolf Callaway Brands Corp. New name and logo On Sep. 6, 2022, Callaway Golf Company changed its corporate name to Topgolf Callaway Brands Corp., as previously announced, pursuant to a certificate of amendment to the company’s second restated certificate of incorporation filed with the Delaware Secretary ...
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ArticleSport 2000 Austria well positioned for upcoming challenges
Source: SPORT 2000 Holger Schwarting, CEO Sport 2000 Austria, which is celebrating its 50th anniversary this year, is expecting slight sales growth in its anniversary year. ”The times are very eventful at the moment. On the one hand, sports retailers are benefiting from the megatrends of sports ...
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News briefsRegistration open for WFSGI Annual Meetings, General Assembly and World Sports Forum
The online registration for the WFSGI 2022 Annual Meetings, General Assembly and World Sports Forum is open. The events are taking place from Nov. 28-30 2022 in Munich, parallel to ISPO Munich. 2022 is a WFSGI election year, and a new chairman and board of directors will be elected. The ...
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ArticleISPO Munich 2022: What to expect
Tobias Gröber, head of ISPO Group, revealed the latest plans for the upcoming ISPO Munich from Nov. 28-30 and gave an interesting outlook on the sports market in general.
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ArticlePhysical retail in Sweden grows 3% in 2021
On behalf of the Swedish Trade Council, HUI Research conducts an annual study of Sweden’s regional retail businesses across all consumer goods segments. The survey, which has been running since 1992, contains unique data and is one of the most reliable sources of knowledge about retail trade at the local ...
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News briefsCLMBR rolls out second generation of vertical climbing machine
Source: https://clmbr.com/the-machine CLMBR 2 CLMBR is launching the second iteration of its vertical climbing machine, now available for pre-order. The new generation of CLMBR features a technological upgrade called CLMBR Vision, which allows users to access live, dynamic coaching and feedback while they exercise, including off-machine strength ...
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News briefsNike and John Geiger settle trademark lawsuit
Nike and John Geiger have settled their trademark infringement battle, according to a statement on Geiger’s Instagram account. As part of the agreement, Geiger will modify the design of his GF-01 sneaker, which Nike had flagged in 2021 for trademark infringement upon the registered trade dress of the Nike Air ...
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News briefsCastore secures £50 million debt facility
Sportspromedia reports that Castore has secured a new £50 million (€58.2 million) revolving credit facility (RCF). This would increase the value of the British sportswear brand to £750 million (€872 million). The RCF has an initial term of three years and includes banks HSBC, BNP Paribas and Silicon Valley Bank. ...
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ArticleAlibaba wants to establish Lazada in Europe
Alibaba’s unit Lazada plans to enter the European market and take on its online rivals such as Amazon and Zalando. In an interview with Bloomberg News, Lazada’s CEO, James Dong, highlighted that Europe is a “very big market” and that ”for most of the European brands, their largest retail partner ...
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News briefsNike releases new ad to celebrate Serena Williams’ legacy
Following Serena Williams’ loss at the U.S. Open singles tournament on Sep. 2 and her retirement from tennis, Nike released a 60-second clip the following day to celebrate the athlete’s legacy. The new ad is titled “By Changing Nothing, She Changed Everything” and features guest voiceover narration from U.S. actress ...
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ArticleOHCHR publishes assessment of human rights situation in Xinjiang
The United Nations (UN) Office of the High Commissioner for Human Rights (OHCHR) published an assessment of the human rights situation in the Xinjiang Uyghur Autonomous Region of the People’s Republic of China on Aug. 31. The assessment was initiated after serious allegations of human rights violations against Uyghurs and ...
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News briefsJD Sports offers Pennies donation service at Go Outdoor and other stores
France-based payment service provider Worldline has partnered with sports fashion retailer JD Sports to enable its customers to make donations through its payment terminals using the charity fintech Pennies’ micro-donation application. Currently in use at 151 locations, the product will be fully rolled out to approximately 679 JD Group stores, ...
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ArticleESG Report 2022: Alibaba reduces carbon footprint by 620,000 tons using renewable energy
Alibaba Group announced that it has saved 619,944 metric tons of carbon dioxide equivalents over the past 12 months by using clean energy sources to achieve its goal of carbon neutrality. That savings is equivalent to the amount of carbon dioxide generated by 12,915 U.S. households in a year, according ...
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Short stops
Short Stops Week 36, 2022
PRODUCT & MARKETING +++ In collaboration with Salomon, the Val Thorens Tourist Office has released a limited edition ski of 200 pairs to celebrate the 50th anniversary of the ski resort +++ Skechers has announced British musician, presenter and entrepreneur Myleene Klass as the new brand’s ambassador for women’s footwear ...
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Case StudyStep into the unknown: How Adidas is leading sportswear’s venture into the Metaverse
The German sporting goods giant has been exploring digital worlds to generate cash and hype – and its competitors are getting on board.
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ArticleWhy sporting goods industry inventories rose by 57% in Q2 2022
The aggregate inventory level for 28 public sporting goods companies, tracked by SGI Europe, rose more than 57 percent year-over-year to more than €31.9 billion at Q2 end and was up by nearly 32 percent from the end of 2021 when it stood at €24.27 billion. Eleven companies had inventory ...
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