All Sporting Goods Intelligence articles in Volume 33, Issue 37+38 – Page 4
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ArticleNew Wave Group acquires B.T.C. Activewear
New Wave Group, the Swedish parent company of Craft, Seger, Auclair, Derby of Sweden, D.A.D. Sportswear, Speedo and a dozen other sports and leisure brands, as well as roughly three dozen corporate, gift and home furnishings brands, has acquired 100 percent of B.T.C. Activewear Limited, a British promotional, corporate and ...
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ArticleSports Direct pledges to donate footballs to encourage girls’ participation in the game
Sports retailer Sports Direct has launched the Equal Access campaign, donating free footballs to grassroots clubs across the U.K. The company is responding to the most recent historic moment for women’s football and the growing call for more opportunities for girls to play the game. The campaign is part of ...
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ArticleChairman of Pou Sheng resigns, successor already in place
The board of directors of Hong Kong-based company Pou Sheng International, the retail subsidiary of Yue Yuen Industrial, has announced that Lee Shao-Wu has resigned from all of his positions at the company, including those of chairman, executive director, chairman of the disclosure committee, authorized representative of the company and ...
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News briefsNumber of affiliated sports participants in France heavily impacted by the pandemic
According to the latest figures by France’s National Institute of Youth and Popular Education (INJEP), published in Filière Sport by Union Sport et Cycle, the number of affiliated sports participants in 2021 amounted to 14.4 million, representing a 14.9 percent decrease from the previous year. Multisport federations were the most ...
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News briefsDPS Skis bolsters product and marketing teams with new hires
U.S.-based ski manufacturer DPS Skis announced the hiring of Stu Gleason as ski and process engineer and Zach Clayton as global marketing manager. These additions complement DPS Skis’ product and marketing departments as the company expands into global markets. Gleason brings nearly two decades of product development experience to the ...
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ArticleNike teams up with ILO to reduce road accidents among garment and footwear workers
The International Labour Organization’s (ILO) Vision Zero Fund and Nike Inc. have launched a joint initiative to reduce deaths and injuries among garment and footwear workers. The initiative aims to understand why garment and footwear workers are so vulnerable to injuries and fatalities resulting from commuting accidents and to develop ...
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News briefs2023 Rugby World Cup CEO suspended over bullying allegations
Claude Atcher, the CEO of Rugby World Cup 2023, has been suspended by the French sports ministry, Amélie Oudéa-Castera, after sports newspaper L’Equipe reported in June of “alarming managerial practices” and “infringements of financial probity” within the event’s organizing committee. The minister added that Atcher would face a disciplinary procedure ...
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News briefsNew Balance with new international marketing director
Romina Bongiovanni replaces Tim Malone, who left the company to join Crocs, as global director of international marketing at New Balance. She will report to Jeff McAdams, VP of global marketing, and join the company’s global leadership team. Most recently director of global comms and entertainment at New Balance, Bongiovanni ...
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News briefs
ABG and Warson collaborate on Volcom and Frye work shoes
Authentic Brands Group (ABG) announced an expanded partnership with Warson Brands, a full-service manufacturer of protective and safety technologies and longtime partner of Reebok. Warson has committed to designing, developing and distributing high-quality professional footwear for the Frye and Volcom brands in the U.S. and Canada. The Frye Company will ...
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News briefsCanterbury “Fair Game” initiative provides UK schoolchildren with PE kits
Canterbury is launching its “Fair Game” initiative, which aims to provide every school child in the U.K. with a free sports kit to support families struggling with the cost of living crisis. To launch the campaign, Canterbury is donating £100,000 (€115,800) worth of sports kits to U.K. schools through charity ...
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Article
Lululemon stays on strong course, no change to markdown strategy
Lululemon’s net income rose 39 percent to $289.5 million from $208.1 million as total revenues increased by 28.8 percent to $1.87 billion from $1.45 billion. Operating income was 38 percent higher at $401.2 million versus $291.0 million. Gross margin slipped by 160 basis points to 56.5 percent from 58.1 percent, ...
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News briefsDecathlon Germany bundles stores in Karlsruhe
Decathlon is represented in Germany with more than 80 stores and continues to adapt its store network to customer needs and local conditions. The Decathlon store in the Postgalerie in Karlsruhe will therefore move with its 45 employees on Oct. 1 to the Decathlon store in Karlsruhe-Durlach, which is currently ...
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News briefs
Geopolitical challenges affecting preparations for 2024 Paris Games
Tony Estanguet, president of the Paris 2024 Olympic and Paralympic Games Organizing Committee, called for additional sponsors to keep the momentum going. Speaking at a plenary session of the coordinating commission, also attended by the IOC, Estanguet pointed out that the current global geopolitical and economic problems are impacting preparations ...
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News briefsBiodegradable Golf Balls for a more environmentally friendly golf sport
Source: Biodegradable Golf Balls Biodegradable golf balls, 24 pack Every year, several hundred thousand golf balls disappear from golf courses around the world. In most cases, they find their way into our oceans, lakes and waterways. This is a bigger problem than the public realizes, as these ...
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News briefsClimate-neutral media production for German Bundesliga matches
The German Football League (DFL) is now implementing climate-neutral media production for all 612 Bundesliga and scond league matches, as well as the Relegation and Super Cup, with the support of ClimatePartner. As announced at the end of July, DFL, in close cooperation with media partner Sky, will initially offset ...
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News briefs
Amazon launches new seller service to solve supply chain challenges
As part of Amazon’s investment in its warehousing and distribution network to support sellers and improve customer service, the online marketplace has introduced a new solution that allows sellers to use new, purpose-built facilities for bulk inventory storage and automated distribution called Amazon Warehousing & Distribution (AWD). Amazon says AWD ...
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News briefsCompostable yoga wear from Wellicious
As reported by 1st Blue, German yoga wear brand Wellicious has launched its first “Cradle-to-Cradle Certified Yoga Collection” – compostable yoga wear – after six years of research into sustainable materials. The elasticity of the Wellicious fabrics, which is necessary for yoga, comes from a new type of biodegradable elastane, ...
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News briefsDecathlon Italy moves Olmi store to Treviso Canova
Opened in 2005, the Decathlon Olmi store will move to Treviso Canova on Oct. 8, 2022, to expand its offerings. A larger sales area and a team of 60 employees will allow the retailer to offer more services, including the rental of bikes and e-bikes, skis, snowboards, canoes and kayaks, ...
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