All Sporting Goods Intelligence articles in Volume 34, Issue 1+2 – Page 6
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News briefs
Intersport 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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Article
Under 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 briefs
Eagle 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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News briefs
XXL 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 briefs
Macron 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 briefs
DP 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 briefs
Leki 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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Article
Galeria 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 briefs
Infantino 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 ...