All Sporting Goods Intelligence articles in Volume 33, Issue 45+46 – Page 4
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News briefsAdidas and Scottish FA extend their partnership deal until 2028
Adidas and the Scottish Football Association (Scottish FA) have extended their partnership agreement until 2028. The partnership, which sees Adidas as the Scottish FA’s official kit supplier, has been in place since 2010. The Scotland men’s national team has recently secured second seeding in next year’s UEFA Euro 2024 qualification ...
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News briefsAliExpress launches 11.11 global shopping festival with longest sales period ever
AliExpress, the global online retail marketplace owned by Alibaba Group, officially kicked off its 2022 11.11 Global Shopping Festival on Oct. 31 under the theme “Deals & Fun. Always Better Together” – a full two weeks earlier than previous years and running throughout November. For all orders in Spain, France, ...
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News briefsTopgolf Callaway Brands and PGA Show sign new multi-year participation agreement
Topgolf Callaway Brands Corp. has announced a new multi-year participation agreement with the PGA Show, beginning Jan. 24-27, 2023, in Orlando, Florida. In 2023, Callaway will activate a new brand of educational experience in the PGA Show Equipment area, where the company will showcase its range technology, Toptracer, focusing on ...
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News briefsUmbro enters the digital-collectibles game
Umbro is launching a limited line of digital collectibles: ten virtual kits that draw from the brand’s back catalog. The so-called Nations’ Collection consists of standalone collections for England and Brazil and fusion shirts inspired by designs for France, Germany, Mexico, Spain and the U.S. The kits were developed by ...
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News briefsA new ATP-WTA event with mixed teams from 2023
The ATP and WTA have announced that the United Cup, a new mixed teams event, will launch the 2023 tennis season in Australia. The event, presented in partnership with Tennis Australia, will showcase teams from 18 countries, with the best men’s and women’s players competing together. The matches will take ...
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News briefsGlobe Intl. braces for difficult FY23
The Australian multi-brand skate, surf and swimwear company is forecasting the fiscal year 2023 marked by a modest sales increase compared to recent years. Also, there are expectations for a drastic decline in profitability and margins due to currency headwinds from the stronger U.S. dollar against the Euro and Australian ...
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ArticleFIFA’s new report highlights further growth of elite women’s football
FIFA has released the second edition of Setting the Pace, a benchmarking report that provides a comprehensive analysis of the elite women’s football landscape globally. The first edition was released in May 2021. The new report, compiled with the support of Deloitte, reveals further growth and development in several areas. ...
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ArticleNike launches shoe recycling program on Alipay
Nike Greater China has joined Ant Group’s Green Energy Initiative and launched an official mini-program on Alipay to encourage more Chinese consumers to recycle worn-out shoes. Consumers can search for the “Recycle-A-Shoe” mini-program on the Alipay app and have their old Nike shoes picked up. The shoes are then disassembled ...
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News briefsNew additions to the Salomon marketing and sales teams Germany
Source: Salomon Germany Anna Theresa Gstrein Anna-Theresa Gstrein will join Amer Sports Germany as shopper marketing specialist for Salomon on Nov. 7, becoming, among other things, the new contact person for local key accounts and premium partners. In her position, she will develop local customer plans and ...
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News briefsDeporvillage installs solar panels at its new headquarters
Sports e-tailer Deporvillage has completed the installation of 286 solar panels on the roof of its new offices in Sant Fruitós de Bages (Barcelona). The company moved to its new 2,600-square-meter headquarters, from the previous one in Manresa, earlier this year, as also reported by SGI Europe at the time. ...
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News briefsGrupo SBF’s supply chain officer resigns
Brazilian Grupo SBF S.A. has announced the resignation of its supply chain officer, Maurício de Mello Nogueira. His duties will be taken over by Diego de Freitas Rodrigues, who will assume the role of a non-statutory member. Rodrigues has been with the company for 11 years, during which time he ...
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News briefsDecathlon Italy introduces app for staff with Down syndrome
Decathlon Italy has presented My Personal Training, an app specially designed for the members of its staff affected by Down syndrome. The app has been developed in partnership with AIPD (Associazione Italiana Persone Down) and AGPD (Associazione Genitori e Persone con Sindrome di Down). Decathlon has been collaborating with these ...
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News briefsKappa opens first Latin American store
Kappa has entered the Latin American retail scene starting from Colombia, with its first store in Bogotà. It was opened in partnership with the Pernine group and is located on the second floor of the La Colina shopping mall. Three more Kappa stores are reportedly expected to open in Colombia ...
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ArticleTopsports sees H1 earnings, sales slip
Chinese sports retailer and distributor Topsports saw its net profit in the six months ended Aug. 31 decrease by 19.9 percent to 1,145.4 million renminbi (€158.6m), and sales slip by 15.1 percent to RMB 13,218.0 million (€1,829.8m) as recurrent Covid-19 restrictions in China took their toll on store traffic. Despite ...
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ArticleDeckers: Hoka is more than a running brand
Deckers Brands believes its Hoka brand, already wildly successful, has plenty of upsides ahead as a head-to-toe brand serving running, trail and hiking consumers worldwide like rivals Salomon and VF Corp.’s North Face, and less like running-centric Brooks. “We are re-looking at our category approach,” proclaimed Dave Powers, president ...
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Short stops
Short Stops Week 44, 2022
RETAIL & DISTRIBUTION +++ Gymshark is opening its first-ever store on Saturday, Oct. 29, in London’s Regent Street +++ Intersport Wawrok has reopened its 1,000-square-meter renovated store at the Forum Köpenick in Berlin and, right next door, a 170-square-meter Pace sneaker store, the third outlet in Michael Wawrok’s specialty ...
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News briefsPou Sheng Intl. issues FY profit warning
Pou Sheng, the retail subsidiary of Yue Yuen, is forecasting a record decline in year-over-year net profit due to weak consumer sentiment in China due to Covid-19 outbreaks and lower store traffic in cities where it operates. For the nine months ended Sept. 30, Pou Sheng is forecasting revenue ...
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News briefsWilson to begin selling pádel courts
Having joined forces with Padel Galis, Wilson Sporting Goods will begin selling pádel courts next month, according to CMDsport. Wilson Court, as the product is called, will, in time, be selling worldwide but is focused for now on the U.S. Padel Galis, a Spanish company that manufactures official courts for ...
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News briefsBasicNet reports strong 9-month results, awarding bonuses
BasicNet, the Italian parent for the Kappa, K-Way and Superga brands, generated a 31 percent increase in Ebitda to €44.1 million from €33.6 million for the nine months ended Sep. 30. Ebit increased 37 percent to €33.3 million over the period. A 30 percent improvement in consolidated revenues to €282.6 ...
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ArticleVF braces for weaker consumer environment, lowers FY outlook
VF Corp is maintaining its full-year revenue growth guidance of 5-6 percent, citing its balanced portfolio and a building recovery in China as two examples, but has lowered expectations on some key financial metrics due to currency headwinds, higher inventory levels and a more promotional environment. The North Face parent ...
