All Sporting Goods Intelligence articles in Volume 34, Issue 15+16 – Page 4
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News briefsShiffrin listed in Time’s 100 most influential people of 2023
After surpassing Ingemar Stenmark’s 1989 record for the most Alpine World Cup victories ever to become the most successful skier of all time (or the sport’s “GOAT”) in March, American skier Mikaela Shiffrin has now been named one of Time’s 100 most influential people of 2023. Source: Team ...
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ArticleNew Sport 2000 brand replaces all previous exclusive labels
With the start of the Spring/Summer 2023 season, Sport 2000’s new Witeblaze brand – announced last summer – was delivered to retail partners for the first time. It combines several product ranges under one roof and has thus replaced all previous exclusive brands of the affiliated group. According to Sport ...
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ArticleShareholder class action filed against Allbirds
Due to a 96 percent drop in its stock price compared to its fourth-quarter 2021 highs, an Allbirds shareholder has filed a lawsuit in the Northern District of California against the environmentally conscious footwear maker, accusing the company of providing false and misleading information in its November 2021 IPO prospectus ...
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News briefsLululemon could be eyeing sale of Mirror
After acquiring Mirror for $500 million in 2020, Lululemon Athletica, Inc. may now be looking into selling the company, according to a report from Bloomberg, which in turn cites sources “familiar with the matter.” It has not been confirmed, however, whether this is indeed the case. Lululemon bought Mirror in ...
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News briefsRussian market lost nearly 20% of fitness equipment suppliers
Since March 2022, almost every fifth fitness equipment supplier from Europe and the U.S. has curtailed operations in the Russian market. Currently, a large share of fitness equipment is imported to the Russian market through parallel import schemes, a study conducted by the Russian National Fitness Community (NFS) showed. For ...
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News briefsSprinter expands in the Netherlands
Sprinter has opened a 532-sqm store in Tilburg and will soon open a 1,000-sqm store in The Hague, raising its Dutch total to six. Both will have Player Service, in which sports teams can have their name and logo screen-printed on apparel. The Spanish retailer operates in its home country ...
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News briefsPou Chen to invest $280 million in India
The Indian state government announced April 17 that a subsidiary of the world’s largest maker of branded athletic footwear, Pou Chen, will invest 23 billion rupees (€256 million) to set up a manufacturing plant in Tamil Nadu. The Taiwanese footwear maker, which sells brands such as Nike, Adidas, New Balance ...
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ArticleSportmaster prepares for debut on Uzbek market
Russian press reports that sporting goods retailer Sportmaster plans to open its first outlet in Uzbekistan in Tashkent, the country’s capital, citing a source in the Uzbek retail industry. This is the second time Sportmaster wants to emerge in the Uzbek market. In March 2020, the company signed three rental ...
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News briefsMizuno revamps R&D at HQ
Mizuno has opened a new 6,500-sqm building for R&D at its world headquarters in Osaka. The I+D+i: Mizuno Engine, as it is called, has cost about 5 billion Japanese yen (€34m); has a sewing room, an adhesive/painting room, a 3D workshop, an environmental test room, an impact-test room, a gymnasium, ...
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News briefsCrocs’ EVP, chief legal and risk officer to retire next year
Daniel P. Hart, Crocs’ EVP, chief legal and risk officer, announced on April 11 his intention to retire from the company, effective April 1, 2024. Hart joined Crocs in June 2009. He is currently responsible for overseeing the company’s legal affairs and risk management program. Hart joined Crocs after serving ...
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News briefsFrance will invest up to €5 million to promote women’s football, adding to existing funds
Philippe Diallo, interim president of the French Football Federation (FFF), and Jean-Michel Aulas, member of the FFF executive committee and the owner of French football club Olympic Lyonnais, presented on April 13 a new plan to promote elite women’s football in the country. The budget that the FFF allocates to ...
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News briefs361 Degrees updates Q1 results
Retail sales of core 361 Degrees products rose by a low-teens percentage in Q1, the Chinese company reported. Also, retail sales of 361 Degrees Kids branded products increased by 20 to 25 percent, and overall e-commerce sales were up 35 percent year-over-year.
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News briefsFrench Government to distribute 400,000 free tickets for Paris 2024
The French Government will distribute around 400,000 tickets for the Paris 2024 Olympic and Paralympic Games under the “Tous aux Jeux” scheme, which is meant to make the events accessible to all. Around 100,000 of these tickets will be distributed for the Olympic Games and a further 300,000 for the ...
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Sponsored“Expect four packed halls.” A preview of this year’s OutDoor by ISPO
More packed than ever! Exhibition Director Lena Haushofer gives us an exclusive peak into what to expect at 2023’s OutDoor by ISPO.
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News briefsDecathlon Ireland has a new CEO
French sporting goods retailer Decathlon has appointed Elena Pecos as the new chief executive of its Irish business. She takes over the role from Bastien Grandgeorge, who had led Decathlon Ireland since 2017 and is now at the helm of the French Decathlon business. Pecos joined Decathlon in 2006 as ...
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Infographics & DataBrand standings at the end of the FIS 2022/23 season
To mark the end of the ski season, we’re sharing the brand standings of the FIS Alpine 2022/23 competition and discuss why brands sponsor winter sports.
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News briefsAdidas among the top European cross-border e-commerce retailers
Brussels-based Cross-Border Commerce Europe (CBCommerce), the platform that stimulates cross-border e-commerce in Europe, has released the fifth edition of “TOP 500 Cross-Border Retail Europe,” a research paper that ranks the 500 strongest European players with a focus on cross-border performance. Adidas Group took the 10th spot in the latest edition ...
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Short stops
Short Stops Week 16, 2023
CORPORATE AND M&A +++ Reed Hastings, co-founder and CEO of Netflix, has acquired the majority of the Summit Series’ founders’ ownership stake in Powder Mountain, Utah, the largest ski resort in the U.S. by skiable acres +++ Arccos and TaylorMade Golf have announced an extension to their partnership, which allows ...
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News briefsBennett nominated as chairman of Zalando’s supervisory board
Zalando’s nomination committee has proposed a new composition of the supervisory board for the annual general meeting, which will be held virtually in Berlin on May 24, 2023. Current vice chairman Kelly Bennett, who has been a member of the board since 2019, would take over as chairman from Cristina ...
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News briefsNew race walking event to debut at Paris 2024
World Athletics has announced that a new race walking team event will debut at the Paris 2024 Olympic Games. The new marathon race walk will feature 25 teams, each comprising one male and one female athlete, who will complete the marathon distance (42.195km) in four legs of approximately equal distance. ...
