All Sporting Goods Intelligence articles in Volume 34, Issue 1+2 – Page 4
-
ArticleThe biggest dates in the sports and outdoor industry this year
Our calendar has the biggest industry dates this year and all the dates you need to plan your sports and outdoor gear social media campaign.
-
News briefsNew York bans PFAS in textiles
The State of New York has banned the production and sale within the state of clothing and other textiles containing perfluoroalkyl and polyfluoroalkyl substances (“PFAS”). The legislation is set to go into effect on Dec. 31, 2023, after Governor Kathy Hochul signed off on Senate Bill S6291A earlier this month. ...
-
Short stops
Short Stops Week 2, 2023
CORPORATE AND M&A +++ Naver, Korea’s largest internet company, has completed the acquisition of online fashion resale company Poshmark +++ British sportswear brand Castore has announced that it has increased the size of its credit facility by £25 million (€28.3m), bringing financial support from all three existing lenders – ...
-
ArticleAnalysis: Sporting Goods Industry stocks suffer double-digit market cap decline
This exclusive analysis shows the development in the market capitalization of the top 87 stock-listed sporting goods companies.
-
News briefsMeta not allowed to use personal data for advertising
Facebook owner Meta will no longer be allowed to use the personal data of its users in Europe for advertising personalization without being asked. This was the decision of the responsible Irish data protection authority DPC. At the same time, the authority imposed a fine of €390 million. According to ...
-
ArticleRe:store acquires fashion and lifestyle marketplace Trouva
Trouva, a London-based online marketplace focused on showcasing independent boutiques and brands focused on homewares, fashion and lifestyle, has been acquired by Cambridge-based startup Re:store from its previous owner, the clothing brand Next. Terms of the deal were not disclosed. In its press release, Trouva states that Re:store’s goal with ...
-
News briefsIntersport launches Alpine store concept in Crans Montana
Intersport Switzerland has partnered with Mood Media and LG to equip its new Alpine store concept in Crans-Montana with the latest audiovisual retail technology. The high-tech upgrade is visible as soon as you enter the store. In the shop window, Mood Media, an experiential media company based in the U.K., ...
-
ArticleAbsolute Teamsport continues to expand
After 17 more stores joined Sport 2000’s premium concept for teamsport specialists in 2022 (bringing the current total in Europe to 23 Absolute Teamsport stores in 6 countries), the pace of expansion is set to continue in the new year: Sport 2000 says it plans to have 35 stores under ...
-
News briefsPeloton Interactive agrees to pay $19 million fine
Peloton Interactive has agreed to pay a $19 million civil penalty levied by the U.S. Consumer Product Safety Commission (CPSC) for failing to report a defect with its Tread+ treadmill promptly. Besides the fine, the company’s settlement with the government agency requires it to file annual reports on the compliance ...
-
News briefsAmazon cuts 18,000 jobs, secures billion-dollar loan
Amazon will lay off over 18,000 employees, with the majority focused on Amazon Stores and the People, Experience, and Technology (PXT) organizations, Andy Jassy, the company’s CEO, announced. The U.S. online retailer plans to start talking to employees or representative bodies from Jan. 18. Amazon had already imposed a hiring ...
-
ArticleSnap and Amazon Fashion collaborate on seamless AR shopping experience, starting with eyewear
Source: www.snapchat.com Venice, California-based U.S. technology and social media company Snap and Amazon Fashion are collaborating to bring new Virtual Try-On (VTO) experiences to Snapchat users and extend augmented reality (AR) to both brands and customers. The new Snapchat try-on lenses include thousands of Amazon Fashion’s Virtual ...
-
News briefsPreview of the upcoming Fitur show
The next edition of Fitur Sports will be taking place on Jan. 19 at IFEMA Madrid and addressing such matters as sporting events, training camps and sports holidays. Organized in collaboration with the Spanish Sports Association (Afydad), the show bills itself as a meeting of the tourism and sports industries, ...
-
News briefsAdidas and Thom Browne continue their dispute in court
The ongoing dispute between Adidas and Thom Browne over the use of stripes on clothing and footwear continues, with both brands facing off in trademark litigation in Manhattan’s Southern District Court early in the new year. Adidas is seeking more than $867,000 in compensation from the U.S. fashion brand – ...
-
News briefsGerman ski racing icon Rosi Mittermaier passes away at 72
Former German ski racer Rosi Mittermaier has died. With her two gold medals at the 1976 Winter Olympics in Innsbruck, “Gold Rosi,” as she was subsequently known, mesmerized all of Germany. Her family told Bayerischer Rundfunk that Mittermaier fell asleep peacefully at the age of 72 in Garmisch-Partenkirchen on Jan. ...
-
ArticleSwedish e-tailer Ridestore nears SEK 1 billion in sales
According to an article on ehandel.se, Swedish e-tailer Ridestore reported sales of just over SEK 1 billion (€90.8m) in its latest financial statements for 2021/2022, including currency exchange gains. Excluding, earnings were SEK 975 million (€87.6m), solid growth from SEK 600 million (€53.9m) the previous year. The privately held company ...
-
News briefsHead’s pádel team has a new international tour manager
Head has promoted Jordi Vives from marketing and promotion manager, his post for the last two years, to international tour manager for pádel. He will now be working with Thomas Bischof, director of pro players. Vives hails from Barcelona but studied in the U.S., where he also established a background ...
-
News briefsL.A. gets first pro pádel franchise
EEP Capital, which describes itself as the first venture-capital fund devoted to the sport, has purchased the first pádel franchise in Los Angeles. The team will be playing within the Pro Padel League, the professional league in the U.S. EEP Capital is tied to and shares management with EE Padel ...
-
News briefsCIP to attend this month’s Padel Trend Expo
The International Pádel Cluster (CIP) will be exhibiting at Padel Trend Expo Milan, as will many of its associated brands: Babolat, Bullpadel, Enebe, Gimpadel, Head, Just Ten, Kelme, Mejorset, Mondo, Okatent, Paddeo, Padel Courts Deluxe, Padel Galis, Playtomic, Set, Softee, Starvie, Stop Sudor, Vibor-A and Wilson. Scheduled for Jan. 13-15, ...
-
News briefsEuropean Games admit pádel
Pádel is angling for a spot on the list of Olympic sports, which now includes skateboarding, trampoline and even breaking (break dancing). The president of the International Padel Federation (FIP), Luigi Carraro, seems to have taken the sport a step closer to this goal. Back in July 2019, he appealed ...
-
News briefsGo Sport with new managing director
About two weeks before the Grenoble Commercial Court was expected to rule on the possible insolvency of Go Sport, based in Sassenage in the French Isère department, its parent company Hermione, People & Brands (HPB) announced that Patrick Puy was appointed as its new general manager, effective Jan. 4. The ...
