All Sporting Goods Intelligence articles in Volume 33, Issue 39+40 – Page 3
-
News briefsAnta to build international operations center in Suzhou
Sports group Anta, headquartered in China’s Fujian province, is planning to build an international operations center in the city of Suzhou, the trade publication Sportstextiles has reported. The new 160,000-square-meter center will be built within the China–Singapore Suzhou Industrial Park, also known as Suzhou Industrial Park. The total investment will ...
-
News briefsTherabody announces $165 million growth equity round
Wellness technology firm Therabody has announced the close of its growth equity round with a total financial backing of $165 million. The capital raise, led by private equity firm North Castle Partners, includes existing investors such as Kevin Hart’s HartBeat Ventures and Aaron Rodgers’ Rx3 Ventures. J.P. Morgan served as ...
-
News briefs
Fourth country rules that Google Analytics runs afoul of EU law
The Danish Data Protection Agency has determined that the operations of Google Analytics are unlawful in Denmark without “the implementation of supplementary measures in addition to the settings provided by Google.” At issue is the protections on consumer data collected in Europe for dispatch to the U.S. As the agency ...
-
ArticleEurobike 2023 offers exhibitors three-day B2B participation
Following this year’s Eurobike premiere in Frankfurt, organizer Fairnamic is already setting the course for Eurobike 2023 (June 21-25). In addition to the previous hall and open-air site participations, the organizer will offer for the first time – and “geared to the specific needs of exhibiting companies” – a booth ...
-
News briefsDecathlon becomes official partner of Paris 2024
Decathlon has become an official partner of the Paris edition of the Olympic and Paralympic Games, scheduled for 2024. The company will be supplying the games’ 45,000 volunteers with a variety of products, holding a number of related events at its 300-odd stores in France, introducing a capsule collection with ...
-
News briefsWolverine and 3M aim to settle the PFAS class action against them
Wolverine Worldwide and 3M have reached a settlement with landowners around Rockford and Belmont in Kent County, Michigan, as our American colleagues at SGI are reporting. Facing a class-action lawsuit over the contamination of local drinking water by tannery sludge (in the form of per- and polyfluoroalkyl substances, or PFAS), ...
-
ArticleJD takes cautious view on H2, encouraged by European recovery
JD Sports Fashion reported an 11.4 percent decline in profit before exceptional items and taxes to 418.1 million pounds (€478.3m) for the first half ended July 31. Total period revenues increased by 13.7 percent to £4,418.1 million (€5.1bn) from £3,885.8 million, as total sales growth in organic retail businesses rose ...
-
News briefsTracksmith to expand outside the States with new U.K. store
According to Drapers and Apparel Resources, the U.S. running brand Tracksmith is about to expand over the big pond and will open its first store in the U.K. at the end of September. The two media outlets report that the new brick-and-mortar store, located in London’s Marylebone district, is planned ...
-
News briefsNike appoints two new members to its board of directors
Nike has appointed Mónica Gil and Bob Swan to the company’s board of directors. Gil is chief administrative and marketing officer of NBCUniversal Telemundo Enterprises, leading the company’s brand development, digital marketing and multichannel creative efforts. Swan is an operating partner at Andreessen Horowitz, which advises growth-stage portfolio companies, and ...
-
ArticleE-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
-
News briefsSmith promotes Rob Retzlaff to global VP of sales
The U.S. goggle and helmets brand Smith has promoted its long-term employee Rob Retzlaff to global vice president of sales. Retzlaff has been with the company since 1999, holding such positions as Canadian marketing manager and national sales manager for Canada. In 2008, Retzlaff was promoted to ...
-
News briefsPolar's GoFit monitors now compatible with Chromebook
Polar Electro’s GoFit app is now compatible with the Google Chromebook. The app is designed to help physical education teachers evaluate student effort in real time – by monitoring heart rates and how they measure up against heart-rate targets, for example. It also awards badges for student effort. The app ...
-
ArticleAdidas exhibits its “made to be remade” products in London
At Design London 2022, taking place at Magazine London on Sept. 21-24, Adidas has organized an exhibition titled “Chasing Circularity.” The exhibits showcase the brand’s journey since the 2019 launch of Futurecraft.Loop, a corporate initiative that explores ways to make reusable products. The project has been working on a circular ...
-
News briefsPuma extends partnership with e-sports company
Puma and the e-sports company Gen.G have signed a multiyear extension of their existing global partnership for joint merchandise, player kits and special-edition uniforms. On Sept. 20 they will be launching a second lifestyle collection to be worn by Gen.G’s creators and players, among them team Korea (LCK), which won ...
-
ArticleMcKinsey has some advice for inflationary times
Rising operational costs and increasingly skittish consumers are squeezing margins in the apparel industry. Below is what McKinsey advises.
-
News briefsNike co-creates new training content to help kids express their potential
Nike has partnered with Leeds Beckett University and ICOACHKIDS to co-create a new curriculum for the Nike Training Club (NTC) app. The new program features inspiring content that is meant to help youth coaches create environments that allow kids to succeed on and off the field. The program consists of ...
-
News briefsDecathlon Italy introduces apparel line for the disabled
Decathlon Italy has presented its new apparel line for the disabled. Italy is the first country where the global sporting goods retailer has developed products specifically for people with a disability. The launch coincides with the 2022 IWAS Wheelchair Fencing World Cup, which will take place in Pisa, Italy, on ...
-
News briefsSpoon Group raises £740,000
Spoon Group, the bespoke bike company that owns the WyndyMilla and Spoons Customs brands as well as custom paint shop Gun Control Paint, has closed a financing round worth £740,000 (€845,575). A private round that brought in nearly £300,000 in new investment was followed by funding from long-term debt partner ...
-
ArticleFanatics inks new deals with UEFA and ICC
Sports merchandise giant Fanatics has signed deals with UEFA and the International Cricket Council (ICC). UEFA and Fanatics have announced a long-term e-commerce, event retail and licensing deal, which the football governing body has described as “one of the most comprehensive sports merchandising partnerships in European football.” The national team ...
-
News briefsVölkl hires new global lead agency for global brand strategy
Völkl has hired the Munich-based Sassenbach Advertising company as its new marketing agency to develop and implement a new global marketing strategy for the brand. Initially, a campaign for Völkl’s 100th anniversary in 2023 will go live in fall, under the motto “100 years of high standards.” Sassenbach’s tasks also ...
