All Sporting Goods Intelligence articles in Volume 34, Issue 11+12 – Page 2
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News briefsAsics opens first store in Saudi Arabia
As previously reported, Asics is pursuing its retail expansion in the Gulf Cooperation Council (GCC) countries. The Japanese sports brand has just inaugurated a store in the Kingdom of Saudi Arabia (KSA) through a partnership between its local subsidiary Asics Arabia and Apparel Group. Asics’ first store in Saudi Arabia ...
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News briefsSports Direct parent interested in Go Sport?
Michael Murray, CEO of U.K.-based Frasers Group, Sports Direct’s parent company, told Bloomberg that buying the French chain Go Sport out of bankruptcy would allow his group to operate in France “with some authority rather than opening store by store,” which would significantly bolster Frasers’ plans to expand its sports ...
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News briefsAdidas presents away jerseys for 2023 FIFA Women’s World Cup
Source: Adidas Sweden’s FIFA Women’s World Cup 2023™ away kit Partnering with ten teams participating in the 2023 FIFA Women’s World Cup Australia and New Zealand™, Adidas has unveiled the away jerseys for Argentina, Colombia, Germany, Japan, Spain and Sweden. The jerseys for Costa Rica, Italy and ...
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SponsoredFuture of sporting goods: Investing in technologies will be essential to stay relevant
Data and the use of technology is a valuable asset in sports, and still has huge potential to grow. We discover the potential with a rising player in that field.
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News briefsCrash helmet sensor specialist Tocsen changes hands
Aleck, a manufacturer of wireless audio and communication systems for outdoor sports, has acquired Tocsen, a German brand of smart crash sensors for bicycle, snow and riding helmets. Tocsen was established in 2019 by Alexander Schumacher, Andreas Botsch and Malte Buttjer. The first Tocsen crash sensor was ...
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News briefsSpeedo teams up with Chinese fitness club
Speedo has teamed up with China’s premium fitness club, Wills, to help inspire its 1.5 million members to take up swimming. The one-year partnership will see 900 of Wills’ swimming trainers teaching exclusively in Speedo x Wills co-branded swimwear products. The customized collection, a redesign of Speedo’s classics, consists of ...
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News briefsTop Spanish pádel shop helps expedite recycling
Pádel Nuestro has signed a deal with Bown Sports & Sustainability, a promoter in Spain of a recycling initiative whose name, er, sounds like “sustainables.” Source: Pádel Nuestro The objective of the SustainaBalls program is to collect used tennis and pádel balls. It does this by setting ...
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News briefsResurgent racquet brand, resurgent racquet
Snauwaert saw the light of day in Belgium in 1928 and went under in the early 1990s, only to reemerge in 2020, after nearly 30 years of dormancy, in another land: Italy. The brand released its high-end, eponymous racquet, the “Snauwaert,” in the 1970s and followed it up in the ...
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News briefsK-Swiss appoints new international brand president
K-Swiss has appointed industry veteran Rob Langstaff as its new international brand president. The company said in a statement that Langstaff offers the company “strong, full-spectrum brand leadership” and contributes knowledge and experience in product design and development, sales, marketing, finance, supply chain and distribution. Before joining K-Swiss, Langstaff worked ...
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News briefsNew general manager at eBay U.K.
Source: eBay Eve Williams eBay has promoted Eve Williams to vice president, general manager of its U.K. business. She joined eBay in December 2020 as chief marketing officer for the U.K., leading campaigns such as eBay’s fashion partnership with Love Island, the revival of the MTV ...
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ArticleEU releases proposal for new green claims law
With its new proposal for greenwashing legislation, the EU aims to protect consumers from greenwashing. But what exactly are the proposals?
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SponsoredWearable Technologies Conference to take place in Munich
The focus of the 43rd Wearable Technologies Conference Europe, to be held in Munich, has been announced. This year’s event focus will be on three topics: “Augmentation of Humans,” “Deep Tech and Innovation,” and “Enabling the Future of Healthcare.” As part of the latter, conference goers from the sporting goods ...
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News briefsWattbike appoints Greg Nieuwenhuys as new chairman
Wattbike, the U.K.-based specialist in indoor bikes, has announced the appointment of Greg Nieuwenhuys as its new chairman, effective immediately. Nieuwenhuys is currently chairman of Mammut Sports Group. He was previously CEO of U.K. retailers Cotswold Outdoors, Snow+Rock and Runners Need. He also led Bever, the largest outdoor retailer in ...
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ArticleXtep Intl. sees annual revenues surge to all-time high
The publicly traded Chinese company Xtep Intl., whose business models consists of its own label for the nation’s mass market and four western brands (K-Swiss and Palladium, globally, and joint ventures for Merrell and Saucony in Mainland China) targeting the premium market, generated a 29.1 percent increase in 2022 total ...
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News briefsEarn university credits in metaverse sports business
A first university course in virtual negotiation and the metaverse as they apply to sport will debut this October. Behind it are the sports-industry consultancy Valgo (the name translates to “I am worth” or “I have value”) and the University of Castille-La Mancha (UCLM), with its group for research in ...
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News briefsSingapore could host the world’s first “Home of Table Tennis”
The International Table Tennis Federation (ITTF) and Sport Singapore (SportSG) have signed a memorandum of understanding to kickstart discussions for the world’s first “Home of Table Tennis.” The signing ceremony took place on the final evening of the Singapore Smash 2023 tournament earlier this month. The ITTF plans to establish ...
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News briefsAllbirds to launch net zero carbon shoe
Source: https://www.allbirds.com Allbirds has announced the launch of the M0.0NSHOT, which it claims is the “world’s first net zero carbon shoe.” The name refers to the company “shooting for the moon with a net zero carbon shoe,” Allbirds said. The midsole of the M0.0NSHOT consists of a ...
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ArticleFila’s FY22 profitability driven by Acushnet
Korea-based Fila Holdings, facing sales channel adjustments in its home market and a promotional U.S. business, generated 80 percent of its FY 22 operating profit from its stake in Acushnet Co. The group’s FY22 net profit rose 25 percent on a constant-currency basis to KRW 467,544 million (€327.3m), with Acushnet ...
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News briefsPeak Ski Company integrates tracking device directly into ski
Peak Ski Company, the U.S. ski brand founded in 2022 by Bode Miller and Andy Wirth, and its strategic partner Pebblebee have unveiled Peak Lôc8, a tracking device that will be integrated into some models of Peak’s 2023/24 ski line. Peak Lôc8 allows users to locate their Peak skis (not ...
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News briefsSpanish e-tail giant to start a brand of its own
Tradeinn has plans to develop a brand of its own. The Spanish e-tailer – which operates a single physical store (in Celrà) and more than a dozen separate websites (divvied up by sport) – was in Barcelona for Eshow, the trade fair for e-commerce and digital marketing. There, according to ...
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