All Sporting Goods Intelligence articles in Volume 33, Issue 39+40
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 39+40
Sporting Goods Scorecard Q2 2022 - Top performers by sales and profit | VF Corp. maps out growth strategy, trims FY23 outlook | KMD Brands sees sales momentum resuming | JD takes cautious view on H2, encouraged by European recovery | International is important cog in Columbia’s growth plan | 74 percent of post-consumer textile in Europe is recyclable | McKinsey has some advice for inflationary times | E-Commerce: Secondhand marketplaces on the rise | Amazon Marketplace reports significant growth in Germany | Cross-border commerce publishes first online retail ranking | Microsoft survey sees managers mistrusting hybrid working models | Corona regulations eased in additional countries | FESI releases manifesto to promote physical activity among young girls | Adidas exhibits its “made to be remade” products in London | Kanye West seeks to part ways with Gap | Fanatics inks new deals with UEFA and ICC | North America gets its first pro pádel league | Eurobike 2023 offers exhibitors three-day B2B participation
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ArticleVF Corp. maps out growth strategy, trims FY23 outlook
EMEA plays a key role in the company’s growth strategy.
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News briefsTennis-Point hires Stefan Salzer as managing director
The German tennis and running equipment retailer Tennis-Point has hired Stefan Salzer as its new managing director. He will be working alongside company founder Christian Miele to lead the European growth of the company in existing markets and new business lines, focusing on strengthening stability and scalability in the company’s ...
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ArticleUnder Armour releases 2021 Sustainability & Impact Report
Under Armour has released its 2021 Sustainability & Impact Report, which outlines a new sustainability framework, goals and targets. The report, aligned with the industry standards of the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB), outlines 23 goals and targets in three categories: Products, Home Field, and ...
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News briefsGlobal rugby equipment market to post 5.57% CAGR to 2026
The global rugby equipment market is projected to grow at a compound annual growth rate (CAGR) of 5.57 percent during the 2021-26 forecast period, representing market growth of $730.08 million, according to a new 120-page report by market research firm Technavio. Growth for 2022 is projected at 4.82 percent. The ...
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News briefsNautilus turns to financial advisory firm
Nautilus Inc. of Vancouver has retained the financial advisory firm Evercore to review its business and, in the words of our colleagues at the American edition of SGI, “help it figure out a new way forward now that its pandemic-fueled, record sales levels have come crashing back to earth.” Troubles ...
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News briefsPGA Tour Superstore makes two changes at the top
There have been two executive changes at golf and tennis specialty retailer PGA Tour Superstore, as reported by our colleagues at the American edition of SGI. President and CEO Dick Sullivan has become executive chairman and CEO, and chief merchandising officer Jill Spiegel has become president. Sullivan has been working ...
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News briefsFox Racing enters the performance training category
Fox Racing, the California-based specialist in mountain bike and motocross safety equipment and apparel, has announced the brand’s introduction into the performance training category. The new training collection marks the brand’s first launch off the bike. The new autumn 2022 line will debut with a range of products for all ...
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News briefsGymshark will have a new CFO
U.K.-based activewear brand Gymshark has appointed Mat Dunn as its new chief financial officer. Most recently, Dunn served as Asos’ interim CEO, after the departure of Nick Beighton in late 2021. Also at Asos, Dunn previously served as chief operating officer and chief financial officer. Dunn stepped down from Asos ...
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News briefsBarooders raises €2.2m in new funding round
Barooders, a French marketplace for second-hand sporting goods, has announced its latest round of funding, which amounts to €2.2 million. Investors include tennis player Stan Wawrinka and Kima Ventures. Barooders was founded by Edwige Michau and Geoffroy D’Autichamp in October 2021.
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News briefs
Lululemon appoints new SVP for the EMEA region
Lululemon has named Sarah Clark as its new senior vice president for the EMEA region. She succeeds Gareth Pope, who has relocated to Hong Kong to lead the brand’s Asia-Pacific region. Most recently, Clark held the role of chief executive at ethical childrenswear brand Frugi. Prior to that, from July ...
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News briefsAnother strike at the largest port in the U.K.
The second strike in a few weeks at the Port of Felixstowe could put further strain on supply chains. The union called a nine-day strike on Tuesday Sept. 27. The Port of Felixstowe is the largest port in the U.K. Already last month, about 1,900 port employees participated in a ...
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News briefsUEFA might include the U.S. in future Supercup
The Union of European Football Associations (UEFA), according to Palco23 and other sources, is toying with the idea of establishing a new, more international Supercup in 2024 – one that would pit the top team of U.S. Major League Soccer against the top teams of the Champions League, Liga Europa ...
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News briefsBuff projects 10% rise in annual sales
Buff is projecting sales of €56 million for the current year, begun in April, for a 10 percent year-on-year rise, reports Modaes. This will nevertheless fall 34.1 percent short of the figure for 2020, a historic year for the Catalonian brand, when pandemic measures drove sales up by 50 percent. ...
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ArticleMicrosoft survey sees managers mistrusting hybrid working models
The vast majority of managers have difficulty trusting the productivity of their employees in hybrid work models.
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News briefsAsics using Contentsquare for e-commerce
Asics EMEA has begun working with the analytics company Contentsquare to improve its e-commerce website. In the blog section of its own website, Contentsquare has published an interview with Asics EMEA’s senior e-commerce manager, Rick Hoving, in charge of the website-optimization team. “Most of our production takes place in Southeast ...
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ArticleFESI releases manifesto to promote physical activity among young girls
FESI and its members shed light on three key barriers to girls’ participation in sport: body image, access to sports facilities and a culture dominated by men
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News briefsPreliminary approval for Wolverine and 3M’s proposed PFAS settlement
U.S. District Judge Hala Jarbou has, according to Outside, granted preliminary approval to the settlement between Wolverine Worldwide and 3M, defendants, and landowners around Rockford and Belmont in Kent County, Michigan, plaintiffs, in the PFAS case we reported on about a week ago. The companies have proposed to pay $54 ...
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News briefsEighth Sport 2000 Absolute Run store opens, international expansion planned
An eighth Absolute Run store (based on the Sport 2000 focus shop concept for running specialists) opened in Würzburg on Sept. 22. The owner is Jan Diekow, who together with concept provider Sport 2000 has reopened his Laufstil store on more than 250 square meters of retail space. Besides one ...
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News briefsAdidas relaunches its members week with consumer activation and product drops
The Adidas members week will return from Sept. 30 to Oct. 6, offering consumers seven days of products, activations and members-only rewards. This year’s members week brings members of the company’s adiClub activities and products that champion inclusivity. Among them is Authentic Balance Yoga, a line of gender-neutral apparel in ...
