All Sporting Goods Intelligence articles in Volume 34, Issue 15+16 – Page 3
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News briefsFarfetch hires new CMO
Farfetch, an Internet platform for luxury goods, announced that Nick Tran has joined the company as chief marketing officer. Tran will be based in London and will report to chief marketplace officer, Edward Sabbagh, and will oversee all global marketing functions for Farfetch Marketplaces. Tran brings more than 20 years ...
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ArticleHanesBrands launches global sustainability pledge for its employees
HanesBrands Inc, the owner of Champion, has released its 2022 Sustainability Summary Report, highlighting significant achievements in the areas of People, Planet and Product, and in creating more sustainable products. “HanesBrands continues to build on our leadership position in sustainability by improving the lives of people, protecting ...
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News briefsStella Intl. Q1 sales hurt by lower shipments but ASP improves
Hong Kong-based Stella Intl. Holdings Limited suffered a nearly 26 percent drop in Q1 revenues to $277.4 million from $374.6 million. Year-over-year footwear shipments declined by 31 percent to 9.6 million pairs from 14.0 million in the year-ago period as certain sport and casual customers pulled back on ordering to ...
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News briefsLi Ning updates Q1 results
Retail sell-throughs for Li Ning, excluding the group’s Li-Ning Young business, rose by mid-single-digits year-over-year in Q1. The result was bolstered by high-single-digit growth in the offline channel and a mid-teens increase in the retail direct business. Q1 revenues to franchised distributors improved by a mid-single digit as the e-commerce ...
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ArticleAmazon puts the moves on France
In the Pixar movie of the same name, a Provençal dish called ratatouille serves to save the soul of a crotchety old food critic in France. The stewed vegetables produce an epiphany, hitting the critic like the madeleine hit Proust, and transport him back “in search of lost time” or ...
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ArticleWhat are brands doing for Earth Day 2023?
For Earth Day 2023, businesses are being pitched as central to environmental efforts. We take a look at what our industry brands are doing.
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News briefsJD Sports creates new global leadership position
JD Sports appointed Michael Armstrong to the newly created position of global managing director to drive growth and advance expansion plans internationally, particularly in the North American and European markets, to become the “leading global sports-fashion powerhouse.” Armstrong will work under CEO Régis Schultz to oversee JD’s strategic direction, business ...
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News briefsAmer appoints new group CFO
Source: Amer Sports Andrew Page Andrew Page has been appointed group CFO of Amer Sports and a member of the executive committee, effective April 20. Page reports to chairman and CEO James Zheng. He comes with three decades of leadership experience in finance and accounting. After starting ...
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News briefsFrench courts to decide Go Sport’s fate
According to multiple sources in the French press, the fate of Go Sport and its parent, Groupe Go Sport, lies in the hands of the commercial court of Grenoble, the city for which the sporting-goods retailer is named (Grenoble Olympique Sport). Go Sport’s owner Hermione, People & Brands (HPB) has ...
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News briefsTwitter top sports executive steps down
TJ Adeshola, head of global content partnerships at Twitter, has announced that he is leaving the social media company after more than a decade. Adeshola was in charge of establishing relationships between Twitter and sports leagues and brands. He joined Twitter as a senior account manager in August 2012 before ...
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ArticleThis is Rentle, the Finnish pioneer in rental platforms now cooperating with Decathlon
Decathlon UK launched its rental service with Rentle in the spring of ’23. We explore the benefits of partnering with a rental platform specialist.
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News briefsDecathlon extends partnership with food co-op VéGé in Italy
Decathlon has confirmed its partnership with VéGé Group, an Italian food cooperative, on a national project to support amateur sports associations. The project, which was first launched in 2022, provides financial support for clubs, gyms and sports associations, with the objective to supply sports apparel and equipment for amateur sports ...
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News briefsCeferin re-elected as UEFA president
Aleksander Ceferin was re-elected as UEFA president by acclamation at the 47th Ordinary UEFA Congress, which was held in Lisbon on April 5. Ceferin, a 55-year-old Slovenian lawyer, will serve a further four-year term, his third as president of the continental sport governing body. Ceferin’s election did not come as ...
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News briefsNike’s .SWOOSH platform drops first virtual collection
Source: Nike .Swoosh OF1 poster Nike has announced the launch of the Our Force 1 (OF1) collection, co-curated by the .SWOOSH community and built for the digital generation. Last November, Nike launched its new digital member platform for virtual creations called .SWOOSH. The platform, which has since ...
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ArticleFootway sees sales drop in Q1, but grows internationally
Several Swedish media outlets have reported on Footway Group’s first-quarter figures, which show that the Swedish e-commerce group’s sales fell 7.9 percent year-on-year to SEK 215.9 million (€19.08m). Operating profit (Ebitda) for the quarter was SEK -24.5 million (-€2.17m), an improvement from SEK -71.2 million a year earlier. According to ...
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ArticleVuori adds four new executives
Founded in 2015 by current CEO Joe Kudla, U.S.-based activewear brand Vuori has hired four executives, three of them to newly created positions. Some of the new hires joined the company last year but were not officially announced until now. Libby Stockstill joined the company in March as general counsel ...
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ArticleSafeSize appoints former IIC executive as chief commercial officer
Source: SafeSize Martin Kempkes with SafeSize scanner Retail tech company SafeSize announced the appointment of Martin Kempkes as chief commercial officer, effective April 3. Kempkes is responsible for leading the company’s business development and sales strategy, as well as ensuring operational excellence, focusing on strengthening the company’s ...
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News briefsFor now, chain in Madrid to expand only online
The watchwords for this year at Deportes Halcón are recovery and stability. CMDsport has spoken with its director of finance and marketing, Sandra Benito, according to whom sales for first-quarter 2023 at the four-store chain in Madrid are more or less flat. “The market,” she says, “is not easy.” Suppliers ...
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ArticleAmid racquet glut, courts maintain sales at Drop Shot
Marcelo Cascabelo, of the brand Drop Shot, believes in the continued expansion of pádel but warns of a difficult year. The chief executive revealed to CMDsport that his company’s revenues for 2022 were up by 120 percent year-on-year, amounting to €20 million, but that the figure for first-quarter 2023 is ...
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News briefsOrthoLite Cirql hires director of development and commercialization in Vietnam
OrthoLite, a manufacturer of branded footwear with high performance, sustainability and comfort, has announced Marc Kronenberg as director of development and commercialization for OrthoLite Cirql™. OrthoLite Cirql is a plastic-free, recyclable, biodegradable and industrially compostable foam technology for footwear and a patented footwear solution that enables brands and factories to ...
