All Sporting Goods Intelligence articles in Volume 34, Issue 25+26
View all stories from this issue.
-
PDF NewsletterSGI Europe Executive Edition: Vol 34 - 25+26
Nike eyes “healthy, full price growth” as inventory woes dissipate | Analysis: The latest inventory levels in the Sporting Goods Industry, Q1 2023 | SSU lands €150 million in funding, says worst of market disruptions are over | JD Sports sees softer North America but holds guidance | SportsShoes.com reports 20% sales growth in Q1, 140,000 new customers | Investment company acquires Aqualung Group | Hamburg Declaration to combat physical inactivity renewed, IOC supports efforts | Allbirds is giving away the secrets of its net-zero shoe | Coats launches new footwear division | JD Sports to expand into Middle East | Asics announces progress towards its sustainability targets in new report | Vans replaces The Vault with OTW by Vans as its new top product category | Zalando fights EU’s classification as a VLOP | International Boxing Association expelled from Olympic movement
-
News briefsVivobarefoot tests digital platform for personalized footwear
Footwear and lifestyle brand Vivobarefoot is introducing VivoBiome, an experiential platform for personalized, circular, locally assembled footwear. Each VivoBiome product can be tailored to the customer’s needs and preferences. The VivoBiome footwear uses SLS 3D printing and artificial intelligence (AI) data. Vivobarefoot is looking for 200 Brits to try the ...
-
News briefsHighsnobiety lays off 10% of its workforce
Highsnobiety has laid off around 10 percent of its workforce – around 24 employees – across several departments, including editorial, commerce, data and marketing, according to Business of Fashion. Breaking the news, BoF cites Highsnobiety Founder and CEO David Fischer and Chief Operating Officer Jürgen Hopfgartner as blaming unfavorable ...
-
News briefsAdidas’ Executive Board Member resigns
Adidas has announced that Amanda Rajkumar, 51, member of the company’s Executive Board and Labor Director of Adidas responsible for Global Human Resources, People and Culture, has decided not to extend her executive board mandate beyond Dec. 31, 2023. The termination of Rajkumar’s appointment as an executive board member is ...
-
News briefsTrusTrace releases a second industry playbook featuring Asics
TrusTrace has released its second industry playbook, The Traceability Roadmap: A practical, step-by-step guide to implementing traceability in supply chains. With the free Traceability Roadmap, businesses can find out how to define needs, set goals, outcomes, success indicators, and return on investment to ensure cross-functional buy-in. The ...
-
ArticleMartine Rose and Nike dissolve boundaries of men’s and women’s soccer styling
Source: Nike Nike x Martine Rose In her latest partnership with Nike, London-based designer Martine Rose dissolves the boundaries of men’s and women’s soccer styling with gender-neutral, tailored player suits. Connecting and merging the moments of “getting off the plane” to “arriving on the pitch,” the collection ...
-
News briefsAmazon to bring first Rivian electric delivery vehicles to Europe
Amazon has announced the launch of new customized electric delivery vehicles in Europe from Rivian, a publicly traded U.S. electric car manufacturer based in Plymouth, Michigan. More than 300 of these vehicles will enter service in Germany – in the Munich, Berlin and Düsseldorf areas – in the coming weeks. ...
-
ArticleEverysport Group acquires equestrian sports media company
Stockholm-based Everysport Group AB, divided into the Everysport Media and Every Padel businesses, has reached an agreement to acquire equestrian media company Hippson Aktiebolag. The seller of the transaction is Perlavita AB, which is owned by AltoCumulus (a family business within the Axel Johnson Group). The acquisition complements Everysport’s existing ...
-
News briefsKlutch Athletics by New Balance launches in 100 stores in the U.S.
Source: New Balance Chase Young signs on as first ambassador for Klutch Athletics by New Balance Klutch Athletics, the brand of American star agent Rich Paul, has launched in 100 U.S. retail locations at Dick’s Sporting Goods, Foot Locker, JD Sports, DTLR and Snipes, Front Office Sports ...
-
News briefsFESI raises alarm over stalled GSP Trilogue Negotiations
The Federation of the European Sporting Goods Industry (FESI) has expressed concern over the breakdown of negotiations on the Generalized System of Preferences (GSP). FESI strongly believes that the GSP regulation is the most important element of the EU’s trade and sustainable development policy. It has been shown to help ...
-
ArticleJD Sports to expand into Middle East
JD Sports Fashion will open around 50 stores in the Middle East after agreeing to its first-ever franchise deal with Dubai-based global retailing, distributing and manufacturing company GMG, according to Reuters. The doors, to be situated in the United Arab Emirates, Saudi Arabia, Kuwait, and Egypt, will be a large ...
-
Infographics & DataSporting goods industry inventory levels Q1 2023
The Q1 numbers are in, and we focus on inventory. Download our infographic of inventory levels at 18 of the biggest Sporting Goods Industry companies.
-
Short stops
Short Stops Week 27, 2023
CSR & SUSTAINABILITY +++ Californian surf brand O’Neill has teamed up with the international non-profit organization Save The Waves Coalition to combine their efforts to protect surf ecosystems around the world +++ PRODUCT & MARKETING +++ Adidas signed a long-term partnership with AS Roma to become the Italian ...
-
News briefsAuthentic Brands Group raises $500 million from General Atlantic
Authentic Brands Group has announced a $500 million primary follow-on investment from global growth equity firm General Atlantic, its current investor. The continued partnership with General Atlantic is meant to support Authentic’s worldwide expansion. General Atlantic first partnered with Authentic in October 2017. The latest investment brings General Alantic’s total ...
-
ArticleUNEP and UN Climate Change release the first Sustainable Fashion Communication Playbook
The United Nations Environment Programme (UNEP) and UN Climate Change have released the first Sustainable Fashion Communication Playbook, a practical guide for communicators across the global fashion industry on how to align consumer-facing communication with sustainability targets. The 96-page document was presented at the recent Global Fashion ...
-
News briefsAnta’s board becomes (a bit) more diverse
Anta Sports announced that to achieve “a greater balance of gender diversity and expertise” among board committee members and to also align the group’s management structure with its strategic direction, changes are being made to the composition of its remuneration, nomination, risk management and sustainability committees. As a first change, ...
-
News briefsNew “Enhanced Games” without drug testing
Aron D’Souza, a Melbourne-born businessman who lives in London, is launching the Enhanced Games, described on the event’s website as “an alternative to the corrupt Olympic Games.” D’Souza plans to stage the inaugural Olympic-styled competition in December 2024. A key specificity of the Enhanced Games is that, contrary to the ...
-
News briefsPrecor and Stages Cycling announce global distribution partnership
Precor, a wholly owned subsidiary of Peloton, and Stages Cycling, a U.S. manufacturer of commercial indoor bicycles, power meters and cycling computers, announced that they intend to enter into a “strategic global distribution agreement that will expand the availability and reach of Stages Cycling products to new markets and customers.” ...
-
ArticleThe latest on the EU’s Ecodesign for Sustainable Products Regulation
The Ecodesign for Sustainable Products Regulations are one step closer. We bring you a summary of everything you might need to know so far.
-
ArticleNike eyes “healthy, full price growth” as inventory woes dissipate
Having surpassed $51 billion in annual revenues and normalized its inventory level through markdowns and order cancellations, Nike says it’s better positioned than smaller rivals as it commences FY24 with a strategy to grow total revenues by mid-single digits, expand reported gross margin by 140 to 160 basis points despite ...
