All Sporting Goods Intelligence articles in Volume 34, Issue 1+2
View all stories from this issue.
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News briefsInfantino reportedly wants World Cup every three years
The FIFA’s president’s desire for more power, influence and revenue does not seem to stop after the World Cup in Qatar. According to an exclusive report by The Daily Mail, Gianni Infantino would like the FIFA World Cup to be held every three years instead of the current four. No ...
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ArticleGaleria in distress: Union calls for investment, not insolvency
For the second time in two years, majority investor René Benko – the young Austrian entrepreneur controlling the Signa Holding, which holds 100 percent of the shares in Galeria Kaufhof since June 2019 – has filed for protective insolvency proceedings for his Galeria Karstadt Kaufhof (GKK) department store chain. ...
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News briefsLeki partners with Sidas on new customizable shin guard for ski athletes
Source: Sidas/Leki With a new shin guard aiming for slalom ski racers that is easily and quickly customizable, Leki and its material partner Sidas aim at specialized ski retailers who serve ambitious amateur ski racers. Unlike the individualized shin guards used in elite sports, which are fitted ...
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News briefsDP World Tour and PGA Tour partner with Professional Golf Tour of India
DP World Tour and PGA Tour have jointly announced a new strategic partnership with the TATA Steel Professional Golf Tour of India (TATA Steel PGTI). The agreement includes a commitment to developing golf in India and a pathway for the country’s best players to reach the top levels of the ...
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News briefsMacron announces multi-year deal with the Italian Basketball Federation
Macron has announced a new four-year partnership with the Italian Basketball Federation (FIP). The agreement, starting from Jan. 1, 2023, will see the Italian teamwear company supply technical sportswear for all the national squads: Senior, Junior and 3x3, men and women. The referees involved in national competitions will also be ...
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News briefsXXL raises capital, warns of lower margins and exits Austria in 2023
Norwegian sporting goods chain XXL warns that lower margins will cut into Q4 profits and has decided to launch a NOK 500 million (€47.9m) targeted share issue. The largest owner Altor, led by XXL chairman Hugo Maurstad, has committed to a NOK 119 million (€11.4m) contribution. The capital from the ...
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News briefsEagle Football acquires Ligue 1 club Olympique Lyonnais
Eagle Football Holdings Bidco Limited, a London-based group founded by digital entrepreneur and soccer enthusiast John Textor with stakes in English Premier League club Crystal Palace, Brazilian Serie A club Botafogo de Futebol e Regatas and Belgian First Division B club RWD Molenbeek, announced today that it has acquired a ...
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ArticleUnder Armour appoints new president and CEO from Marriott
Source: Under Armour Stephanie Linnartz Under Armour (UA) announced that Stephanie Linnartz will join the company as president, chief executive officer and member of the board of directors, effective Feb. 27, 2023. The company said the appointment follows a “thorough and deliberate search led by a committee ...
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News briefsIntersport Germany strengthens digitalization strategy at management level
Source: Intersport Katja Burkert Katja Burkert, head of the IT department at Intersport Deutschland eG, will be appointed to the management board of Intersport Digital GmbH, the buying’s digital unit that develops and successfully implements the digital and data-driven business models as part of the omnichannel strategy, ...
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C-Suite InterviewMotoi Oyama: “Asics’ challenge now is to set up our running ecosystem”
We sat down with Motoi Oyama, chairman and director of Asics Corporation to talk about the strategy and the economic situation of the company. His years of global experiences were seen in every answer.
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News briefsInvestors file a shareholder resolution pressing Amazon for more information on its climate footprint
U.S. environmentally and socially responsible investor Green Century Funds together with Amalgamated Bank led the filing of a shareholder proposal on Dec. 15, 2022, pressing Amazon to fully quantify and disclose its scope 3 greenhouse gas emissions. This was followed up by the filing of a shareholder resolution with Amazon ...
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News briefsGo Sport: Court decision postponed until January 16
The Grenoble Commercial Court, which was to decide the fate of Go Sport (as reported by SGI Europe earlier), appointed an investigating judge and postponed the inspection of files until Jan. 16, 2023. The decision of the commercial court of Grenoble to put the verdict on hold is “a message ...
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News briefsPentland appoints new president for the Americas
Pentland Brands Limited has announced that Matt Rock has assumed the role of president - Americas, Pentland Brands. In this role, he is responsible for Speedo as well as Pentland’s entire portfolio, including Endura and Mitre, in the Americas region. Rock, who was previously president for Asia Pacific, began his ...
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ArticleTextile Exchange evaluates COP15 cautiously positive
At the conclusion of COP15 in Montréal, Canada, world leaders adopted the Global Biodiversity Framework (GBF). Liesl Truscott, director of industry accountability and insights at Textile Exchange, assesses the agreement for the fashion, textile and apparel industries in a statement on the Textile Exchange website. Textile Exchange sees the COP15 ...
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News briefsInditex signs three-year commitment with WWF for biodiversity projects
Spanish fast fashion group Inditex, owner of Zara, Bershka and Pull&Bear, among other retail brands, has entered a partnership with the World Wide Fund for Nature (WWF) to support several of the conservation association’s projects. The collaboration will start with nine initiatives across four regions focused on forest conservation, water ...
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News briefsSport Conrad's second-hand pilot project was successful
Source: Sport Conrad Sport Conrad NOMOI second hand products German retailer Sport Conrad has now sold the 160 used garments from brands Patagonia, Ortovox, Maloja and Norrøna that were collected from mid-November 2022 as part of a pilot project integrated into the retailer’s sustainability initiatives. According to ...
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News briefsMoncler launches evolved Grenoble collection
Moncler has launched an evolved Grenoble collection focused on dynamic, technical skiwear. The collection, named after the city where the 1968 Olympics were held and where the brand was the official supplier of the French national ski team, looks back on 70 years of brand history. Its launch is accompanied ...
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News briefsNike launches training club workouts on Netflix
Streaming from Dec. 30, 2022, Nike is to offer Nike Training Club (NTC) content for Netflix members. Users will have access to more than 90 NTC workouts from a dozen Nike trainers, catering to all fitness levels. An estimated 223 million Netflix members worldwide will have access to NTC programs ...
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News briefsAustrian Sport 2000 retailer joins Running Experts Europe
The Viennese running specialist WEMOVE, a long-time Sport 2000 dealer, has joined Running Experts Europe as the network’s first Austrian partner. The two WEMOVE running stores in downtown Vienna and in the Westfield Donau Zentrum shopping mall offer amateur and professional runners the most comprehensive range of premium running products ...
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News briefsAFYDAD partners with Fitur to present the Fitur Sports Tourism Summit
The AFYDAD Spanish Sport Association has partnered with the international tourist trade fair for inbound and outbound markets in Latin America, Fitur, to organize a new section for the 2023 event, Fitur Sports. As part of the trade show running from Jan. 18-22 at IFEMA Madrid, the Fitur Sports monographic ...
