All Sporting Goods Intelligence articles in Volume 34, Issue 1+2
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SGI Europe Executive Edition: Vol 34 - 1+2
Analysis: Sporting Goods Industry stocks suffer double-digit market cap decline | Robby Naish has sold his company | Under Armour appoints new president and CEO from Marriott | Anta Sports shuffles roles and responsibilities, Ding Shizhong hands over CEO role | JD Sports sees FY at top end of expectations after Christmas sales surge | Wolverine Worldwide’s profitability will be impacted by inventory reductions | Adidas merges Canadian and U.S. businesses | International will be vital to Crocs’ $4 billion FY23 revenue objective | On has various growth levers to pull | Absolute Teamsport continues to expand | Swedish e-tailer Ridestore nears SEK 1 billion in sales | France introduces new anti-greenwashing rules | Maker of CO2-based polyester raises €22m
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Article
Can fashion weeks replace trade shows?
Fashion Weeks are just around the corner. Could they replace trade shows as the most important dates in the industry? We take a closer look.
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News briefs
Asics wants to grow further in India
Asics saw its net revenues in India increase by 42 percent in 2022, bolstered by the post-pandemic running and fitness boom. It was the company’s highest growth globally. The Japanese sportswear brand is now eyeing a 25 percent growth CAGR in the country over the next few years, Asics’ president, ...
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News briefs
Decathlon among co-founders of new textile waste association in Spain
A group of major European retailers has joined forces to launch the Association for Textile Waste Management, which aims to help manage clothing and footwear waste generated in the Spanish market. The group comprises Decathlon, H&M, Ikea, Inditex, Mango, Kiabi, and Tendam. The non-profit association was formed in connection with ...
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News briefs
Padel Trend Expo attracted 18,000 visitors
The first edition of Padel Trend Expo, which was held at Allianz Mico in Milan on Jan. 13-15, attracted more than 18,000 visitors. About a hundred brands and 90 companies had registered for the trade show. A new edition in 2024 has already been confirmed. Padel Trend Expo is organized ...
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News briefs
Lacoste launches new logo for Medvedev’s line
Source: lacoste.com Lacoste has launched a new signature logo for brand ambassador Daniil Medvedev. The French sportswear unveiled the personalized logo at the Australian Open 2023, the first Grand Slam tennis tournament of the year, where Medvedev is wearing a dedicated co-branded collection that comprises a polo ...
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News briefs
Skechers reportedly plans new store openings in France
Skechers is planning to open several stores in France in 2023, according to a report by Sport Guide. The American sneaker brand is planning to open new stores at two shopping malls – 4 Temps (Paris La Défense) and Belle Epine (Thiais - Paris metropolitan area) – probably in mid-2023, ...
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News briefs
Adidas presents its first collection for Italian national football team
As the new official partner of the Italian Football Federation (FIGC) and supplier of all Italian national teams (men’s, women’s, youth, futsal, beach soccer and e-sports), Adidas has now unveiled its first collection of products for the teams, created in collaboration with FIGC. Much of the collection’s design is inspired ...
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News briefs
Peloton hires new CMO
Source: Peloton Leslie Berland Connected fitness company Peloton has hired Leslie Berland, the former CMO of Twitter, as its new chief marketing officer. She reports to CEO Barry McCarthy and joins the senior leadership team. Berland ended her six-year stint at Twitter in November, shortly after the ...
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Article
Gorpcore: The trend that could be bigger than athleisure
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
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Article
Anta Sports shuffles roles and responsibilities, Ding Shizhong hands over CEO role
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
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Sponsored
Bosideng’s award-winning fabrics and products
The persistent pursuit of performance and sustainability is how the Chinese down jacket specialist drives innovation
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Article
Maker of CO2-based polyester raises €22m
Fairbrics, a sustainable chemical company developing a technology that converts CO2 emissions into high-quality polyester through a circular manufacturing approach, has received €17 million from the European Union’s Horizon 2020 research and innovation program and an additional €5 million from Fairbrics’ Technology Upscaling Project partners to bring its innovative solution ...
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News briefs
Intersport Germany publishes 2020/21 sustainability report
In its fourth sustainability report (available for download here in German), Intersport Germany gives an overview of the projects implemented in the years 2020 and 2021 and provides an outlook on its new sustainability strategy to be published end of January 2023. The report and the future plan of the ...
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News briefs
Lululemon creates chief merchandising officer position
Lululemon has named Elizabeth Binder its first chief merchandising officer. Most recently, Binder was chief product officer at Boden, a U.K.-based apparel company, which she joined in October 2020. Prior to that, she spent 12 years at Burberry and also held merchandising positions at J. Crew, Club Monaco and Ann ...
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News briefs
Adidas launches new sportswear for women, backed by research
Adidas has expanded its women’s sportswear portfolio with new high-performance bras and leggings to offer women more purposeful and better performing sports underwear. The new collection was developed in collaboration with professor of sports science and physiological advisor to elite athletes, Jason White, and professor Joanna Wakefield-Scurr, head of the ...
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News briefs
Puma named Global Top Employer 2023
Puma has been awarded the title ”Top Employer 2023” globally as an employer, receiving the award for four regions and 22 countries. The award, which is preceded by an extensive survey by the Top Employer Institute, was given to Puma for the first time in North and Latin America, while ...
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News briefs
Xtep International provides update on Q4, FY22 results
Xtep International is forecasting a high single-digit sales decline, including retail and online channels, for the fourth quarter ended Dec. 31, 2022, when the discount level was approximately 30 percent versus 20 to 25 percent in the year-ago period. Anticipated full-year results call for mid-teens year-over-over revenue growth and a ...
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Article
Sports in Italy in 2050: A new study
A new report has been released outlining the key sports trends in Italy to 2050. The report, titled “2050: scenari sul futuro dello sport in Italia” (“2050: Scenarios on the future of sports in Italy”), was officially presented at the Italian Olympic Committee (CONI) in Rome on Jan. 13 by ...
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News briefs
Decathlon employees in France demand higher wages
Several dozen employees of the sporting goods chain manifested on Jan. 14 in front of some of the retailer’s stores in France to demand better wages following a strike call by CFDT, one of France’s major confederations of trade unions. The strike date coincided with the first Saturday of the ...