All Sporting Goods Intelligence articles in Volume 33, Issue 41+42 – Page 3
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News briefsSaudi Arabia to host 2029 Asian Winter Games
Saudi Arabia has been selected to host the 2029 Asian Winter Games. The event is set to take place at the future Trojena by Neom ski resort, which is scheduled for completion in 2026. Trojena will feature year-round skiing as well as an artificial freshwater lake, a nature reserve, mansions, ...
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News briefsJordan Brand appoints Tonia Jones to head of women’s business
Nike’s Jordan Brand has announced that Tonia Jones, a 33-year Nike veteran, will take over as head of its women’s division, effective immediately. Jones began her career at Nike in 1989 as an account executive and then moved into sales, first for Nike Skateboarding in 2013 and then for Jordan ...
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News briefsNFL launches grassroots merchandise collection for 2022 NFL London Games
The National Football League (NFL) announced the upcoming launch of “Origins: An NFL Collection” in celebration of the NFL coming to London for the 2022 NFL London Games with American football matches played on Oct. 2, 9 and 10. Origins: An NFL Collection has selected two London brands, 37 LDN ...
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ArticlePeloton’s ride to breakeven cash flow results in more layoffs
In an effort to continue to drive the business forward and achieve cash flow breakeven by the end of the current FY23, Peloton is laying off more employees. On Oct. 6, the connected fitness company announced another round of job cuts, the fourth in 2022. The latest action – the ...
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ArticleUnder Armour announces changes to leadership team
Under Armour announced that David Baxter and Mehri Shadman will join the company’s leadership team, effective Oct. 24. Baxter will assume a regional leadership role as president of the Americas, succeeding Stephanie Pugliese, who will step down from her role and leave the company. Pugliese will remain until early 2023 ...
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News briefsAsics invests in a Honda start-up
Asics Ventures, the investment subsidiary of the sportswear brand, has acquired a stake in Ashirase, a start-up that got its start in the business-creation initiative of Honda Motors, called Ignition. Asics has not disclosed the size of its investment. Ashirase’s product, also called Ashirase, is a system designed to help ...
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News briefsUkraine joins Spain and Portugal’s bid for 2030 FIFA World Cup
Spain and Portugal have added Ukraine to their joint bid to co-host the 2030 FIFA World Cup. The news, unveiled by The Times, was confirmed by the presidents of the three countries’ football federations at a joint press conference at UEFA headquarters in Nyon, Switzerland, on Oct. 5. The Spanish ...
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News briefsBlue Tomato expands in Norway
Blue Tomato has opened a second Norwegian store, after the one in Oslo, in the city of Trondheim. A third is due to follow in Bergen, and there are plans for a store in Rovaniemi, Finland, as well. “Trondheim is located at the center of retail in central Norway and ...
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News briefsLe Coq Sportif posts double-digit sales growth in H1
Le Coq Sportif saw sales in the first half of 2022 jump to €65 million, representing a 23 percent increase compared to the first half ended June 2021. The strong performance was primarily driven by international sales, which rose by 80 percent. Textile sales, which registered a 13 percent growth, ...
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![Hervis-Geschäftsführer Oliver Seda überreicht Scheck an Sporthilfe-Präsidentin Susanne Riess-Hahn (c) GEPA,Sporthilfe[49]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/5/5/3/19553_hervisgeschftsfhreroliversedaberreichtscheckansporthilfeprsidentinsusanneriesshahncgepasporthilfe49_269624_crop.jpg)
News briefsHervis gets Austrians moving
The Austrian sports specialty chain Hervis, which operates more than 240 doors across six European countries, has donated €47,250 to Austrian Sports Aid that was raised by its “Hervis Team Run.” The initiative saw nearly 4,800 Austrians across the country’s nine states take to the roads or trails to “get ...
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News briefsPSG expands its retail partnership with Lids to Europe
Paris Saint-Germain (PSG) has announced that it is expanding its partnership with Lids Sports Group. The French football club will entrust Lids to oversee operations for the club’s European locations. The expansion follows the openings of the Fanatics and Lids-operated PSG permanent store in Los Angeles in 2021 and the ...
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News briefsPuma selects Secret Sales as its first U.K. marketplace partner
According to a post by Secret Sales owner Matthew Purt on LinkedIn, Puma has partnered with the U.K. marketplace to distribute surplus inventory and custom products. That means Puma can focus on full-price inventory on its own websites and other channels while having full control over its brand, offering and ...
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News briefsHummel unveils “toned down” Denmark kits for Qatar World Cup
Source: LinkedIn Danish jerseys by Hummel for Qatar 2022 Hummel has unveiled Denmark’s official kits for the 2022 FIFA World Cup in Qatar. All the details for Denmark’s new jerseys were toned down, including Hummel’s logo and chevrons, as a “protest against Qatar and its human rights ...
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News briefsFIFA “bank” gets green light from French banking authority
The French Prudential Supervision and Resolution Authority (Autorité de contrôle prudentiel et de résolution - ACPR) has granted the FIFA Clearing House (FCH) a license to operate as a payment institution. The authorization from ACPR enables the FCH to collect and process payments on behalf of clubs in accordance with ...
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News briefsPeloton teams up with Hilton Hotels in the U.S.
Source: Hilton Hotels Hilton x Peloton Peloton Interactive announced a partnership with Hilton Hotels, making the group the first hospitality brand to feature Peloton’s bikes across its U.S. hotel portfolio of 18 brands. By the end of the year, nearly all 5,400 U.S. Hilton-branded hotels – including ...
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News briefsAnnual SAC meeting to be held in Singapore
With an interesting roster of keynote speakers and topics, the Sustainable Apparel Coalition (SAC), owner of the Higg Index platform, is inviting members and non-members to its 2022 annual meeting that will take place in Singapore on Nov. 1 and 2. Themed around ”Collective Action on Common Ground,” the event ...
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ArticleFila and the Shakur Estate release a special-edition collection of footwear, apparel and accessories
In collaboration with the Shakur Estate, Fila has released a special-edition collection of apparel, accessories and footwear in honor of the legendary musician. This is the first exclusive footwear collaboration between the Estate and Fila. Tupac Shakur was a cultural icon with an enduring influence that transcended music. Style was ...
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News briefs100% launches first collection of snow goggles
Source: 100% 100%’s new snow goggle collection California-based brand 100% has unveiled its first line of goggles for snow sports, the 2022/23 Snow Collection. “With our brand’s first Snow Goggle Collection, we are authoring a new chapter for 100%,” said VP of global marketing and sales, Gwen ...
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News briefsA plan to revive the Pythian Games
Have you ever heard of the Pythian Games? Don’t worry, neither have we, but the so-called International Pythian Council, consisting of royal majesties, ambassadors, entrepreneurs, cultural organizations and artisans from more than 90 countries, is now planning to revive the Delphic idea of the “Modern Pythic Games.” ...
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ArticleiFIT has a new CEO
U.S.-based global fitness subscription technology company iFIT, Inc. has a new chief executive in Kevin Duffy, effective immediately. His appointment follows the hiring of Dale R. Gerard as chief financial officer and Andy Donkin as chief customer officer in June and August 2022, respectively. The search for a new CEO ...
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