All Sporting Goods Intelligence articles in Volume 34, Issue 25+26 – Page 4
-
ArticleAfter Mexico, Shein plans to roll out in Europe’s larger markets
Shein, the Singapore-based fast-fashion online retailer, announced that it is expanding its marketplace to Mexico, and that launches in Germany, Spain, France and Italy “will soon follow suit.” The marketplace was previously rolled out in Brazil and the U.S. Shein noted that the local marketplaces offer products from third parties ...
-
ArticleVuzix OEM consumer smart eyewear business enters countdown phase
At its annual general meeting, held last week at the company’s headquarters, Vuzix announced that it plans to sell 50,000 to 75,000 enterprise products in 2023. The smart glasses supplier predicts that the market for such smart glasses will grow 20- to 50-fold to $2.5 billion by 2028, and estimates ...
-
ArticleAmer Sports gets upgraded by S&P Global
Amer Sports, the parent of Arc’teryx, Salomon and Wilson brands, last week received an upgrade on its credit rating to B+ from B and a stable outlook from S&P Global. The credit rating agency, which is projecting revenue growth of 17 to 18 percent for Amer this year and 8 ...
-
AnalysisAnalysis: The latest inventory levels in the Sporting Goods Industry, Q1 2023
The Q1 numbers are in, and it’s time to talk inventory. Read our analysis from industry experts and get the latest inventory numbers in full.
-
News briefsGymshark’s CCO to leave the company
“We don’t normally do public goodbyes, but sometimes it’s the right thing to do.” That’s the opening line of a LinkedIn post by U.K. sportswear brand Gymshark announcing the departure of its Chief Commercial Officer, Niran Chana, after more than eight years with the company and four years in the ...
-
News briefsFreitag presents first fully recyclable backpack
The first fully recyclable backpack from Swiss bag manufacturer Freitag is not made of recycled truck tarpaulins or PET bottles as before. All parts of the new backpacks called Freitag Mono[PA6] – from the waterproof fabric to the straps and buckles – are now made of a single material, polyamide ...
-
News briefsUnder Armour cuts 50 corporate roles to optimize cost structure
Under Armour has cut 50 corporate roles across various units and functions in order to reduce expenses, Footwear News has reported. The impacted employees will receive severance, healthcare benefits and career support, the company said. Under Armour had a workforce of around 15,000 worldwide as of March 31, 2023, half ...
-
News briefsNike’s largest Canadian flagship to open in Edmonton
A new Nike flagship store will open on the main level of the West Edmonton Mall in Edmonton, Alberta, Canada, in a prime location close to the popular hockey rink. Built in four phases from 1981 to 1998, the extraordinary mall was the world’s largest shopping center until 2004. Today, ...
-
News briefsLululemon joins Sorting for Circularity USA while Adidas becomes the project’s lead sponsor
Lululemon has joined the Sorting for Circularity USA project as a seventh external brand partner. Furthermore, Adidas has become the project’s lead sponsor. Sorting for Circularity USA was launched in January 2023 by Amsterdam-based Fashion for Good and Circle Economy, building on the learnings from Sorting for Circularity Europe and ...
-
News briefsPuma extends its partnership with the Egypt Football Association
Puma and the Egypt Football Association have announced a long-term partnership extension, which has existed since 2019. Puma will continue to supply bespoke kits for the men’s, women’s and youth teams. Under the new terms, Puma will also become the Egyptian League’s ball sponsor. With seven wins at the Africa ...
-
News briefsNike commits to Responsible Wool Standard
Nike has committed to using certified wool sourced with Responsible Wool Standard (RWS), which means that the brand will now source only certified non-mulesed wool. Animal welfare organization Four Paws International said in a statement that Nike “changed its CSR policy by committing to the certified Responsible Wool Standard in ...
-
News briefsVuori launches footwear in collaboration with Clae
California-based activewear brand Vuori, founded in 2015, is launching a sustainable sneaker line in collaboration with Clae, a footwear brand also from California. The collection’s first silhouette – the Vuori x Clae’s Malone Lite – is based on Clae’s Malone sneaker and features a variety of eco-friendly materials, including a ...
-
ArticleInternational Boxing Association expelled from Olympic movement
The International Olympic Committee (IOC) has withdrawn recognition of the International Boxing Association (IBA), formerly known as Association Internationale de Boxe Amateur (AIBA), in connection with allegedly unresolved finance, governance and ethical issues. It is the first time in the IOC history that a sport’s governing body is expelled from ...
-
Short stops
Short Stops Week 26, 2023
LEGAL & INSTITUTIONAL +++ The Union Cycliste Internationale (UCI) has signed a Memorandum of Understanding with Special Olympics, the world’s largest sports organization for people with intellectual disabilities, to expand cooperation and communications between the two entities +++ The R&A, England Golf and the Golf Foundation have announced The Road ...
-
ArticleVans replaces The Vault with OTW by Vans as its new top product category
Vans has unveiled its new top category called OTW by Vans. The VF Corp brand explains that it is a “new platform where the brand’s most elevated product expressions and brand experiences come together with the innovators of art, design, style, skate culture and entertainment.” As a result, the previous ...
-
ArticleAsics announces progress towards its sustainability targets in new report
Asics has released its 2022 Sustainability Report, which outlines the company’s progress toward its medium- and long-term sustainability targets. Asics’ sustainability framework encompasses the two main pillars of “People” and “Planet,” both aligned with the United Nation’s Sustainable Development Goals (SDGs). The introduction of the “Gel-Lyte III CM 1.95” sneaker ...
- Previous Page
- Page1
- Page2
- Page3
- Page4
- Next Page
