All Sporting Goods Intelligence articles in Volume 34, Issue 27+28
View all stories from this issue.
-
PDF NewsletterSGI Europe Executive Edition: Vol 34 - 27+28
Thule reports best-ever gross margin, higher cash flow from ops | XXL initiates new operating model under new CEO; reports Q2 loss | JD Sports to acquire all remaining shares of Iberian Sports Retail Group | Xponential signs Club Pilates master franchisee in France | Spanish market could break €9bn next year, says Afydad | MAS Holdings invests in HeiQ AeoniQ | Puma commits to bovine leather from verified deforestation-free supply chains | Adidas partners with scientific project: Biopolymers from algae for textiles | Former Nike distributor in Russia launches multibrand retail chain | FESI responds to EU’s ESPR proposal with key concern | Völkl exits pádel market | Europe’s one pickleball firm sets out to conquer America | Ahead of FIFA Women’s, Adidas celebrates the game’s next-gen icons | Nike presents “What The Football” campaign to kick off FIFA Women’s
-
News briefsWintersteiger with new company structure
Wintersteiger, the Austrian supplier of ski rental and ski service systems, has revised its corporate structure and presents itself as a strategic holding with five independent companies since July 1, 2023. “With regard to the industrialization of our products, we have a lot planned for the next few years,” the ...
-
News briefsNike launches Australia-inspired capsule collection
Nike is introducing the Nike AU Collection, the first Express Lane capsule collection inspired by Australia. The company’s so-called “Express Lane” strategy, rolled out in 2016, allows Nike to cut down from months to a few weeks the time between the product’s design and its availability at retail. Nike reminded ...
-
News briefsBrooks has a new partner in latest move towards responsible sourcing
Brooks Running is to partner with the global SaaS platform for supply chain traceability and compliance, TrusTrace. The move will deepen visibility across Brooks’ manufacturing supply chain and help identify and mitigate responsible sourcing and business continuity risks, with the aim of creating a more sustainable business. TrusTrace CEO and ...
-
News briefsLiverpool FC and Peloton announce multi-year deal
Premier League club Liverpool FC has agreed a unique multi-year partnership with Peloton. The agreement, which makes Peloton the club’s first-ever digital fitness partner, includes both the club’s men’s and women’s teams. Liverpool FC and Peloton will team up to provide exclusive club-branded content on the Peloton platform. In addition, ...
-
News briefsCallaway and Jon Rahm sign extension that includes equity stake
Callaway Golf and Spanish pro golfer Jon Rahm have announced a new long-term partnership extension. Rahm, who currently leads the PGA Tour with four wins in 2023, joined Callaway in 2021. The extension includes an “equity position” for Rahm in Topgolf Callaway Brands. Rahm will continue to use Callaway and ...
-
News briefsNike battles online counterfeiters, trademark infringers
Nike is attempting to combat e-commerce sellers on global platforms who continue to sell unauthorized and unlicensed Swoosh merchandise using counterfeit and infringing versions of the company’s federally registered trademarks. Last week in U.S. federal court for the Northern District of Illinois, Eastern Division, Nike filed its latest complaint against ...
-
News briefsTopgolf Callaway appoints new VP investor relations and corporate communications
Topgolf Callaway Brands Corp has announced that Katina Metzidakis has joined the company as vice president of investor relations and corporate communications. Metzidakis reports directly to Chief Financial Officer and Chief Legal Officer, Brian Lynch, and is responsible for leading the company’s investor relations department. Prior to joining Topgolf Callaway, ...
-
Case StudyOn: The fastest-growing company in the sporting goods industry
Swiss sports company On Holding has increased its turnover by an average of 75 percent annually over the past ten years. Although investors as well as analysts were initially skeptical, any doubts over the rapid growth and costs have been silenced. Analysts have singled out On as a darling of ...
-
News briefsFila pushes sales at Anta Sports, all brands with strong performances
Second-quarter sales were up for all brands at Anta Sports Products Ltd. The Anta brand generated high-single-digit, year-over-year sales growth, while the Fila brand posted high-teens positive, year-over-year sales growth for the period. Retail sales of all other brands sold by the group were up 70 to 75 percent. For ...
-
News briefsGlobal demand for “Made in China” increases on Alibaba.com
Chinese online wholesale marketplace Alibaba.com reported on its blog that cross-border demand for “Made in China” goods on its platform rose 33 percent year-on-year in the first half of 2023. Cross-border trade with Europe and the United States partially recovered through Alibaba.com between January and June, supporting continued rapid growth ...
-
News briefsAbout You, Yoox Net-A-Porter and Zalando expand their “Fashion Leap for Climate” platform
On the second year of their collaboration, About You, Yoox Net-A-Porter and Zalando are expanding their co-created “Fashion Leap for Climate” climate learning platform. The three online retailers have extended invitations to 250 of their brand partners, up from 55 brands who took part in the first year of the ...
-
News briefsDecathlon to run 17 stores in part on solar power
Decathlon Spain is installing some 12,542 square meters of solar panels onto the roofs of 17 of its stores, according to Diffusion Sport. It expects the panels to generate more than 3.7 million kWh, or about 35 percent of the stores’ annual consumption of electricity, for a savings of 1,277 ...
-
ArticleVölkl exits pádel market
Völkl is getting out of the pádel market and refocusing on tennis, as the German brand’s sales director for racquet sports in Spain, Héctor García, told CMDsport. The reversal, he observes, is enabling Völkl to evade some of pádel’s present-day turmoil. “This is not the time to enter” that market. ...
-
News briefsFútbol Emotion on track for record year
Fútbol Emotion’s football, e-commerce and team-sports divisions have together achieved year-on-year growth of 70 percent for the first half of 2023, according to CMDsport’s sources within the company. Annual sales have risen from about €34 million in 2021 to €50 million in 2022. For the current year, the company is ...
-
ArticleEurope’s one pickleball firm sets out to conquer America
Back in 2020, amid the lockdowns, Xiana López discovered through a market study that Europe had yet to produce a pure player in the pickleball business, despite the buzz floating over the pond from the U.S. There were pádel and tennis brands selling pickleball racquets, but none that would develop ...
-
ArticleNike presents “What The Football” campaign to kick off FIFA Women’s
Ahead of the FIFA Women’s World Cup™ (July 20-August 20, 2023), Nike has unveiled the “What The Football” campaign, championing female soccer players from around the world who are changing the game and inspiring the world through the power of sport. The campaign, which features 11 top ...
-
News briefsSSU adds former Accell Group CEO to board of directors
Signa Sports United N.V. (SSU), an NYSE-listed sports e-commerce company with businesses in cycling, tennis, outdoor and team sports, announced the appointment of Anthonie Anbeek to its board of directors, effective April 1, 2024. Anbeek, an experienced consumer products and cycling executive who most recently served as CEO of bicycle ...
-
News briefsNike introduces new ReactX foam cushioning and the first sneaker to feature it
Source: Nike The new Nike ReactX foam is making its debut in the new Nike InfinityRN 4 running shoe. Compared to Nike React foam, the new ReactX foam is engineered to cut down its carbon footprint in a pair of midsoles by at least 43 percent thanks ...
-
News briefsZalando introduces size recommendations based on customers’ body measurements
The online shopping platform Zalando has introduced a new tool allowing customers to receive size recommendations based on their body measurements. Taking two photos with a smartphone in tight-fitting clothes is enough to determine body measurements and help customers find the right fit for their next purchase. This is an ...
