All Sporting Goods Intelligence articles in Volume 33, Issue 43+44 – Page 4
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ArticleRossignol’s recyclable ski composition is now open source
The Rossignol Group is now sharing the construction and material composition plans for its new Rossignol Essential recyclable ski with all mountain sports industry players to initiate a collective movement. The French company says the goal is to actively contribute to the development of recycling channels in the main ski ...
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News briefsFrasers Group acquires Sneakerboy
Frasers Group has acquired Sneakerboy, an Australian luxury sneaker and streetwear retailer. The financial details of the transaction have not been disclosed. Sneakerboy, founded by Chris Kyvetos in 2013, fell into administration under growing debts in July. The retailer has four stores in Australia, three in Melbourne and one in ...
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News briefs
2023 Rugby World Cup’s CEO has been fired
Claude Atcher, the chief executive officer of the 2023 Rugby World Cup in France, has been fired by the organizing committee’s board of directors. The board has appointed Julien Collette as the new chief executive and Martine Nemeck as deputy chief executive. The decision to sack Atcher follows a long-running ...
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News briefsNew Balance will begin production in Argentina in 2023
New Balance has announced that it will begin to produce shoes in the Puerto Tirol industrial park in the province of Chaco, Argentina, from February 2023. New Balance’s manufacturing partner will be Chaco-based Punto Medio. The project is expected to create 250 new jobs.
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News briefsSweaty Betty posts 45% sales increase, helped by digital
Sweaty Betty, the U.K.-based brand of women’s fitness apparel, saw its turnover rise by 45 percent in 2021 compared to 2020, with revenues for the full year reaching £183.2 million (€212.3 million), mainly as a result of the strong trading performance across its digital channels. Physical shops continued to be ...
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News briefs70-year-old Moncler mints NFTs
Moncler has established a partnership with Arianee, a web3 specialist, with whose help the Italian brand has released three series of NFTs: 500 tokens associated with the platinum-color version of the Moncler Maya 70 jacket, 500 for visitors to Moncler’s various “Extraordinary Expedition” exhibitions (in New York, London, Seoul, Tokyo ...
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News briefsArmani signs four-year partnership with FSI and unveils EA7 collections
With its ski and lifestyle apparel collection EA7, Giorgio Armani is partnering with the Italian winter sports federation FSI for the coming four winters as the Italian athlete’s technical outfitter. The apparel lines include ski suits, overalls, jackets, insulation pieces and leisurewear, rounded up by a range of accessories and ...
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News briefs
President of the Italian Sports System Association and former Scarpa CEO passes away at age 49
Andrea Parisotto, the president of Italy’s Sportsystem association and of Fondazione Museo dello Scarpone e della Calzatura Sportiva (Museum of ski boot and sport shoe) in Montebelluna, died of sudden illness on Oct 13. He was only 49 years old. From 1994 to 2018, Parisotto worked at mountain shoe specialist ...
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News briefs
Logistics services companies ReBound Returns and Cycleon merge
The U.K.-based companies ReBound Returns and Cycleon announced their company merger. They had previously operated as separate entities under the Reconomy Group, after both being acquired in recent years. In the future, the service companies will operate under the name ReBound, a Reconomy Group company. The newly formed logistics services ...
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News briefsUgg brings first carbon neutral classic boot to market
Source: Ugg Deckers brand Ugg is launching its first Classic Mini Regenerate boot this fall, with model and land protector Quannah ChasingHorse to be the face of the advertising campaign. The new boot is crafted from Land to Market-certified sheepskin from Atkins Ranch, with an outsole from ...
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News briefsNordic countries weigh on Footway’s results
Habit.se reports that Swedish e-commerce company Footway Group posted an operating loss of SEK 13.5 million (€1.2m) in the third quarter, compared with SEK 0.8 million (€72,700) in the corresponding period last year. Overall, the company posted sales of SEK 261.6 million (€23.8m) in the third quarter – SEK 76.3 ...
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Short stops
Short Stops Week 42, 2022
CORPORATE AND M&A +++ French sports nutrition brand Baouw has raised €2 million in a new funding round led by Seventure Partners +++ According to ShopEatSurf, Boardriders has sold the beachfront Billabong House on Oahu’s North Shore, which has always been a focal point for the brand during the ...
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ArticleAdidas completes second share buyback program in 2022
Adidas has completed its second share buyback program this year. On March 1, 2022, the company announced the launch of another share buyback program in mid-March to return cash proceeds from the Reebok divestment to its shareholders. In the period between March 14 and Oct. 10, 2022, the company repurchased ...
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News briefsJD Sports acquires another 18% in Deporvillage, how holding 98% of the online retailer
Following the group’s announcement in June 2021, JD Sports Fashion announced that Iberian Sports Retail Group (ISRG; the group’s existing 50.02 percent intermediate holding company in Spain) has acquired an additional 18 percent holding in the issued shares of Deporvillage from co-founders Xavier Pladellorens and Àngel Corcuera for a cash ...
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News briefsDecathlon Gemany expanding its Schwetzingen logistics site
Decathlon Germany is expanding its logistics site in Schwetzingen by 12,500 sqm. The new “Hall 0” will house a new mechanization concept intended to accelerate logistics processes and shipping volumes and is set to open in mid-2023. Schwetzingen is one of four Decathlon campus locations in Germany and is responsible ...
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News briefsSports Direct could move to new headquarters
Frasers Group, the parent company of Sports Direct, is “exploring options” for a new Sports Direct site, the BBC website has reported. The move would be part of a long-term plan for a massive development on the edge of Coventry, West Midlands, that Frasers has recently outlined, allowing the group ...
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News briefsNike steps up fight against bots and resellers
Nike continues to fight against resellers and is currently specifically targeting punishing buyers who use shopping bots to manipulate the market. The Wall Street Journal first reported earlier this week on the company’s change to its U.S. online sales policy, which tightens existing anti-resell terms. It now states that orders ...
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News briefsWilson appoints new head of racquet sports, sets sights on new markets
Wilson Sporting Goods has named Jason Collins, a 22-year veteran of the company, as its new global general manager of racquet sports, reporting to Joe Dudy, president and CEO at Wilson. Collins succeeds Hans-Martin Reh, who is moving on to pursue other interests outside the company. Reh had assumed the ...
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News briefs
NBA launches merchandise in India with Reliance Retail
The National Basketball Association (NBA) has entered a multi-year partnership with Reliance Retail to launch a range of merchandise in India. As part of the deal, Reliance Retail introduced on Oct. 12 a large selection of NBA team and NBA-branded products to fans in India, including adult and youth apparel, ...
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News briefsBleckmann opens new distribution center in the Netherlands
Dutch logistics company and supply chain management expert Bleckmann is opening a new fulfillment center in Venlo to increase its capacity in Europe’s logistics hotspot. A lease agreement for around 30,000 sqm has been signed with Prologis. Operations for the first customers have already started, and further implementations are to ...
