All Sporting Goods Intelligence articles in Volume 33, Issue 49+50 – Page 2
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News briefsExecutive changes continue at Elevate Outdoor
Elevate Outdoor Collective (EOC) – the owner of K2, Völkl, Marker, Dalbello, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe, Tubbs Snowshoes and other brands – is promoting Dagmar Ruthert to director of sales for the European market. She will be reworking both customer service (to refocus it on ...
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News briefsDecathlon Germany expands emission-reduced delivery service
Following the successful launch of Buy Back, Decathlon Germany is expanding its next-day delivery with reduced CO2 emissions to additional cities. This involves the delivery of orders as early as the following day using electrically powered cargo bikes, which save CO2 compared to the usual means of transport, such as ...
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Short stops
Short Stops Week 49, 2022
LEGAL & INSTITUTIONAL +++ The International Basketball Federation (FIBA) has reconfirmed Andreas Zagklis as its secretary general until 2031, a role he has held since Dec. 2018 +++ Patrick Hickey has resigned from the executive board of the International Olympic Committee (IOC) for health reasons CORPORATE AND M&A +++ ...
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News briefsAlibaba launches new marketplace in Spain
Chinese e-commerce giant Alibaba launched a new marketplace called Miravia in Spain on Dec. 1. It connects brands and content creators with consumers. The platform offers fashion, beauty, food and lifestyle products. Earlier this year, Alibaba expanded its existing online marketplace Lazada to Europe, now Miravia was launched in addition. ...
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News briefsFire+Ice and POW collaborate
Bogner’s Fire+Ice brand and the non-profit organization Protect our Winters (POW) have entered into a collaboration. The result is the unisex Gregory Varsity Ski Jacket, limited to 350 pieces, featuring an exclusive print by American artist Gregory Siff. The jacket, a typical mix of fashion and performance, is, according to ...
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News briefsOdlo DACH with new head effective 2023
Pascal Schweizer, current managing director of Odlo Germany, Austria and Switzerland, will leave the company on Jan. 31, 2023, after more than nine years. Schweizer joined the company in 2013 as managing director Germany from Kettler and took over the management of the DACH markets in 2018. Now he follows ...
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ArticleThe latest figures of Italian football
The Italian Football Federation (FIGC) has released its Integrated Report 2021, which provides the main figures of the sport in terms of social, economic and fiscal impact. Around 4.6 million people play football in the country, of which 1.4 are also FIGC-registered players. The game is extremely popular among adolescents, ...
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News briefsGerman World Cup dropout does not change Adidas’ revenue forecast
Adidas is sticking to its sales expectations for the World Cup in Qatar even after the German national team was eliminated from the tournament.
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News briefsUnless partners with NFW to release 100% plant-based sneaker
Source: UNLESS Collective Unless Collective has partnered with NFW (Natural Fiber Welding) to release a 100 percent plant and mineral-based sneaker, the Degenerate. The skate-inspired sneaker contains zero plastic and is designed to harmlessly decompose at the end of its life. It is the first product to ...
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News briefsItalian sports shoes maker M.G.M. acquires Gruppo Rekord
Italian footwear manufacturer M.G.M. S.p.A. has acquired Gruppo Rekord, a producer of high-end sneakers and outdoor shoes. M.G.M. has been on the market for over 35 years in the segment of mountain and outdoor sports footwear, as well as roller skating, with distribution all over the world. M.G.N.’s brand portfolio ...
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News briefsUnion and Capita open new European sales hub in Milan
Union Binding Company and CAPiTA Snowboarding will be opening a new European sales hub in Milan, operational as of Jan. 1, 2023. Based in the business and university district of Bicocca, this office will be home to European and Italian sales and marketing management. It will also be a hub ...
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News briefsKappa introduces its first U.S. Ski & Snowboard collection
Kappa’s first U.S. Ski & Snowboard collection has hit the brand’s stores and related online outlets. The range – the activewear version of the race outfits worn by the athletes on the U.S. team – comprises a ski jacket and pants, a fleece sweater, an ultra-light ...
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ArticleRendle steps down as CEO, VF revises FY23 outlook
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
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News briefsProtest Sportswear signs distribution partner for Canada and the U.S.
Dutch brand Protest Sportswear has signed a distribution agreement with Whiteland, a Canadian sportswear distributor headquartered in Montréal with warehouses in Montréal, New York State and California. The partnership will expand Protest’s reach in both the U.S. and Canada. As the Protest brand has been very successful both in the ...
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News briefsDates for Prowinter 2023
Prowinter, the B2B event for snow, rental and mountain innovation, is back in Bolzano with a new date. Prowinter 2023 will be a two-day event held Jan. 11 - 12, 2023. Explaining the new timings, Prowinter states: “Markets change quickly. This is just as true for the worlds of winter ...
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News briefsNike stores in Russia reopen under new name
The first Nike store was re-opened in Russia under the banner “NSP” (Nike Sport Point) in the Belaya Dacha Outlet Village in Moscow. The store manager, Diana Tesnitskaya, told the news agency Ruptly that the store opened on the premises of the former one. “The goods are all the ...
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News briefsPressio launches in the U.S.
Pressio, a U.K.-based sustainable performance sports apparel label, has announced its launch into the U.S. marketplace. The brand exhibited its 2023 product collection for the first time in the U.S. at The Running Event in Austin, Texas, on Nov. 29-Dec. 1. Pressio was founded in 2021 by Jamie Hunt, a ...
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News briefsBoxing equipment market to post 4.07% CAGR by 2027
The boxing equipment market is projected to increase by US$260.17 million from 2022 to 2027, at a compound annual growth rate of 4.07 percent, according to a recent market study by Technavio. The increase year-over-year in 2023 is expected to be 3.6 percent. The growth of the boxing equipment market ...
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News briefsNautilus completes refinancing of existing term loan, increases total credit facility
Nautilus, Inc. announced the amendment of its existing credit facility by refinancing the previous term loan with a new $30 million term loan, increasing the company’s total credit facility to $130 million. The credit facility previously consisted of a $100 million asset-based revolver and a $15 million term loan from ...
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News briefsH&M to cut 1,500 jobs
Global fashion retailer H&M is reducing its workforce by about 1,500 positions as part of a cost savings and efficiency program. Overall, the Swedish company estimates the program will provide annual savings of about SEK 2 billion (€182.2m), which it expects to “become visible” in the second half of 2023. ...
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