All Sporting Goods Intelligence articles in Volume 33, Issue 43+44 – Page 3
-
News briefsWeSports acquires Kraftmark
WeSports has completed its acquisition of Nordic fitness product brand, Kraftmark. Kraftmark will now contribute to the WeSports fitness segment, offering products to commercial gyms, company gyms, and housing association gyms, as well as strengthening WeSports’ consumer product offering. For WeSports, a Stockholm-based group of individual sports, outdoor and mobility ...
-
ArticleRecycle Your Boots: Tecnica Group’s recycling project aims at closing the loop
The Tecnica Group is committed to closing the circle of ski boot life cycles: 4,200 ski boots have already been collected, dismantled and recycled into new products in the first year since autumn 2021 of the group’s “Recycle Your Boots” (RYB) project.
-
News briefsE-commerce spurs growth at 361 Degrees
In the third quarter, core brand sales at 361 Degrees increased by a mid-teen rate and sales of the running brand’s independently run 361° Kids brand saw year-on-year growth of 20 to 25 percent, our colleagues at the U.S. edition of SGI report. E-commerce, up by 45 percent year-on-year, was ...
-
News briefsXtep sees Q3 growth
Xtep International Holdings has released an operational update on business in Mainland China for the third quarter, which ended on Sept. 30. The group’s unaudited operational data show growth of 20 to 25 percent in retail sell-through for its core brand, with on- and offline channels combined. Retail discount stood ...
-
News briefsPeloton’s chief people officer is leaving the company
SGB Media reports that Peloton’s chief people officer, Shari Eaton, announced in a LinkedIn post that she is leaving the company. Eaton joined the company three years ago from Amazon as a vice president in Peloton’s human resources department. The struggling fitness company has seen a series of executive changes ...
-
News briefsFila returns to growth in China
After a weak first half in which premium brand Fila suffered from zero-Covid closures in China, retail sales grew in the low teens year-on-year in the third quarter. Anta Sports, which co-owns the brand in China through a joint venture with Fila Korea, said in an update that Fila outperformed ...
-
News briefsWorld Padel Tour sweetens the pot to retain players
In light of the founding of a second league, Premier Padel, the nine-year-old World Padel Tour (WPT) has set forth a new modus operandi for the next half-decade. Chief among the changes is the elimination of the exclusivity clause from its player contracts. Until now, WPT players have had to ...
-
News briefsDispute over “Black Friday” trademark in Germany ends
The trademark “Black Friday” was declared revoked by the Berlin Appellate Court on Oct. 14, 2022, with retroactive effect from April 25, 2019. The court thus confirmed the trademark cancellation for all goods and services that had not already been canceled by the German Federal Patent Court (BPatG). The German ...
-
News briefsShaun White expands own lifestyle brand with new apparel and accessories
Shaun White, three-time Olympic gold medalist and winner of the most X-Games gold medals in history, is expanding his namesake brand with new apparel and gear collections. Developed in partnership with U.S. outdoor retailer Backcountry, the Whitespace collection combines White’s 30 years of experience as a professional snowboarder, his own ...
-
ArticlePolartec introduces new bio-based weather protection technology under Power Shield name
Polartec has launched a new bio-based fabric technology that aims to set a new standard for sustainable weather protection. The name of this new technology is an old acquaintance: Polartec Power Shield, a material already known for its softshell-like comfort with hardshell-like wind and waterproofness, especially in the advanced Pro ...
-
News briefsFila launches new global campaign with Hailey Bieber
Fila has signed Hailey Bieber for the brand’s new global campaign. The model and entrepreneur had the opportunity to express her unique sense of style using some of the brand’s most iconic designs. The campaign was photographed by Renell Medrano and styled by the model herself and Dani Michelle. Bieber ...
-
News briefsFrasers sets deadline for investors to accept offer for MySale after acquiring 50% of shares
Following MySale’s recommendation to its shareholders to accept the takeover offer last week, Frasers Group has now announced that it acquired 524,907,830 MySale shares at the close of business on Oct. 17 – representing approximately 50.59 percent – and that the offer for Australian retailer is now unconditional after crossing ...
-
News briefsSkechers sues Hermès over patent infringement
Skechers USA has sued French fashion house Hermès International and Hermès of Paris for patent infringement of its proprietary Massage Fit® sole technology. The lawsuit was filed on Oct. 18 in the United States District Court for the Southern District of New York in Manhattan. In 2022, Hermès introduced two ...
-
ArticleIntersport Germany launches new brand campaign; new report underlines social relevance of sports
Intersport Germany is underlining the enormous social importance of sports with a new brand campaign. The sporting goods retailer has already been campaigning to increase access to sports for years. Now, the group is launching “Einmal Sport. Intersport.“ (a pun on “Once sport. Always sport”), a highly emotional and polarizing ...
-
News briefsStadium hires new head of exclusive brands
Source: Stadium Dennis Majer, new head of exclusive brands Swedish sporting goods retailer Stadium has hired Dennis Majer as the new head of its exclusive brands, which include the Everest and Soc labels. Majer has 20 years of experience in the retail, fashion and sports business. He ...
-
News briefsUK revokes VAT-free shopping scheme for foreigners
Jeremy Hunt, the British chancellor of the exchequer (finance minister) since Oct. 14, 2022, announced that the government no longer intends to introduce a scheme to eliminate value-added tax (VAT) for foreign tourists. Hunt succeeded Kwasi Kwarteng, who was forced to resign after only 38 days in office after announcing ...
-
News briefsSunglasses brand Pit Viper on track for success thanks to bold marketing
According to a recent article in the Wall Street Journal, Pit Viper, a Salt Lake City-based sports sunglasses brand, plans to add seven new models to its product line, which has so far been limited to 11 models. The company is also reportedly looking to expand its business in the ...
-
News briefsBlibli’s parent aims to raise €540m in IPO
Global Digital Niaga, the parent company of the Indonesian e-commerce company Blibli, aims to raise as much as €540 million in its initial public offering next month, according to the company’s prospectus. The company plans to sell up to 17.77 billion shares, or 15 percent of its total capital, at ...
-
ArticleDiadora releases its first sustainability report
Diadora has published its first Sustainability Report. The document refers to the period from Jan. 1 to Dec. 31, 2021. The “Diadora Sustainability Manifesto 2021- 2025,” incorporated in the business plan, conveys the company’s roadmap for implementing its renewed sustainability strategy. The Manifesto is based on four ...
-
News briefsSponsorship deals across women’s sports have increased 20%, new report suggests
Sponsorship deals with women across the major U.S. sports (LPGA, NWSL, WNBA, WTA), top European soccer leagues (Women’s Super League and Liga F), and Big Bash League, AFL, NRL Telstra Premiership, Netball Superleague, Suncorp Super Netball and World Netball, have increased by 20 percent year-over-year, according to ...
