All Sporting Goods Intelligence articles in Volume 33, Issue 47+48 – Page 5
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News briefsArena appoints global marketing and trade marketing director
Arena, the Italian swimming specialist, has hired Kamila Pilwein as global marketing & trade marketing director. Reporting to deputy CEO Giuseppe Musciacchio, her task is to lead the development of innovative marketing strategies for B2C and B2B channels to ensure a best-in-class multichannel experience for consumers in the core business ...
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News briefsFoot Locker kicks off holiday season with global campaign
Source: Foot Locker Foot Locker House Party campaign with Yung Gravy Retailer Foot Locker has launched its 2022 global holiday campaign called Foot Locker Holiday House Party, featuring several musicians and online personalities, including BIA, Yung Gravy, Lunay, Ye Ali, Ralph Romeo, Orange Calderon, Tamara Dhia and ...
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News briefsReebok returns to Brazilian soccer
Reebok has teamed up with renowned Brazilian soccer club Botafogo to become the official outfitter of the men’s and women’s teams and the youth division. The long-term strategic partnership marks Reebok’s return to Brazilian soccer. It is an important part of its global strategy ”to reclaim its rightful place in ...
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News briefsEivy signs snowboarder Jamie Anderson
Swedish base layer brand Eivy has signed a multi-year contract with U.S. snowboarder Jamie Anderson, multiple X-Games and Olympic gold medalist. Eivy is distributed in Europe, Japan, Australia, New Zealand and North America. The brand’s vision is less stuff, more adventure through “MultiFUNctional” clothing. Based in Åre, Eivy works with ...
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News briefsIOC launches Climate Action Awards
The International Olympic Committee (IOC) wants to recognize National Olympic Committees (NOCs), International Federations (IFs) and Olympians and Paralympians for effective projects to combat climate change and has launched the Climate Action Awards to do just that. Supported by TOPs (Worldwide Olympic and Paralympic Partners), Airbnb, P&G and Deloitte, the ...
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News briefsAmazon helps seize fake sports apparel and other counterfeit products in China
Amazon has announced the identification and disruption of three counterfeiting operations in China’s Guangdong and Jiangxi provinces, thanks to a collaboration between the local public security bureaus (PSBs) and intel provided by Amazon’s Counterfeit Crimes Unit (CCU). Chinese law enforcement seized more than 240,000 counterfeit items, including fake sports apparel, ...
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ArticleSlight improvement in German consumer sentiment in November
After several months of negative trends with ever-new all-time lows, German consumer sentiment improved slightly in November. As shown by the current consumer barometer of the German Retail Association (HDE), the index increased slightly compared to the previous month. However, the barometer remains at a low level. In recent months, ...
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News briefsJohnson Health Tech narrows operating loss
Johnson Health Tech Co., the Taiwanese parent of the Matrix, Horizon, and Vision fitness brands and Synca massage chairs, lowered its year-over-year Q3 operating loss to TWD$115.5 million (€3.8m) from TWD$555.3 million. The profit attributable to owners of the parent improved to TWD$223.2 million (€7.3m) versus a loss of TWD$507.3 ...
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News briefsPeak Ski Company hires Michelle Parker to head development & innovation
Source: Peak Ski Company Michelle Parker Peak Ski Company has added big-mountain skier Michelle Parker to its leadership team as senior director of product development & innovation. Peak was launched earlier this year by Bode Miller and Andy Wirth and has already introduced the high-performance Peak by ...
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ArticleAsics raises FY forecast on gains in performance running in China
Asics Corp., citing performance run gains in Greater China and Oceania and continued sales increases in its core performance sports segment across all regions, has elevated its annual outlook for the 12 months ending Dec. 31, 2022. The Japanese company has raised its total sales outlook by 4.3 percent from ...
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News briefsPeloton execs go from riches to rugs
Peloton’s co-founders, John Foley, Hisao Kushi and Yony Feng, and five more of its former executives have secured $25 million in Series A funding and founded a new direct-to-consumer (DTC) rug company. The venture capital firms on the deal were Addition and True Ventures. Addition’s founder, Lee Fixel, backed Peloton’s ...
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News briefsDanish orthopedics specialist KSO joins Running Experts Europe
Source: SPORT 2000 From left to right: Jannich Hammer Marker, COO KSO, Jörg Seifert, Head of Division Running SPORT 2000, Jan Steinicke, CEO KSO. Danish running and orthopedics specialist Kaiser Sport & Orthopaedi (KSO) has become part of Running Experts Europe, the network of running specialty retailers ...
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ArticleNautilus drops FY outlook on challenging macro, retail trends
While still expecting to achieve sales and profit improvement in its second half due to seasonality and higher advertising to drive demand, Nautilus lowered its second-half and FY outlook yesterday on current macroeconomic and retail concerns. The fitness equipment and technology company cut its annual revenue range forecast by 17-20 ...
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ArticleYue Yuen cautious about months ahead despite strong Q3
Yue Yuen reported a 171 percent increase in nine-month profit attributable to shareholders of $270.1 million versus $99.6 million. Revenues increased 8.2 percent to $6,971.9 million from $6,441.2 million for the period ended Sept. 30. Ebit was up 101 percent through nine months at $353.4 million, but gross margin was ...
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News briefsLululemon appoints China-based Apple executive to its board of directors
Lululemon Athletica Inc. has appointed Isabel Ge Mahe to its board of directors, effective immediately. Ge Mahe is vice president and general manager of Greater China at Apple, where she provides leadership and coordination for Apple’s entire team in China. In this role, she has played a key role in ...
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News briefsPentland Brands appoints new human resources director
Source: Pentland Brands Belinda Deery, new CHRO at Pentland Brands Pentland Brands, the parent company of several sports, outdoor and lifestyle brands including Speedo, Berghaus, Canterbury, Ellesse and Mitre, has appointed Belinda Deery as its new head of human resources. Deery is an experienced CHRO who has ...
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ArticleWolverine establishes new brand structure, sets bigger focus on profit
Shares in the Merrell, Saucony, Keds and Sweaty Betty declined more than 34 percent yesterday after the company missed its third-quarter earnings target and lowered its guidance for the FY. Wolverine World Wide Inc.’s shares are down 59 percent year-to-date. The full-year outlook calls for 14 percent currency-neutral revenue growth ...
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