All Sporting Goods Intelligence articles in Volume 34, Issue 29+30 – Page 4
-
News briefsAdidas joins Fashion For Good’s footwear recycling pilot
Fashion for Good has launched a new pilot with brand partners, including Adidas and footwear recycling innovator FastFeetGrinded, to test and validate footwear recycling processes and to support the uptake of recycled content in footwear, towards a more circular footwear industry. Globally, 24 billion shoes are added to the market ...
-
ArticleTwitter to become nothing, anything, everything
It appears that we were on to something a few months ago. Twitter has taken another step towards becoming X – “the everything app.” But what does this mean, and why the change in a brand as iconic as Twitter? We take a look.
-
News briefsLife Fitness appoints new CEO
Illinois-based Life Fitness, a portfolio company of KPS Capital Partners and global leader in commercial fitness and home recreation equipment, has appointed Jim Pisani as Chief Executive Officer, effective immediately, while his predecessor Paul Stoneham joins Life Fitness’ Board of Directors as a senior advisor. Pisani has more than 25 ...
-
News briefsWheelchair-pádel tournament coming up
The association Missing Link Sport, as The Padel Paper reports, has put out a call for entrants for the 2023 International Tournament for padel-fauteuil, or wheelchair pádel, scheduled for Aug. 30 - Sept. 1 in Paris. Missing Link specializes in promoting the para-version of pádel in France ...
-
News briefsBank engages in financed e-commerce
Gupo Kutxabank – born in 2012 from the merger of BBK, Kutxa and Vital, three banks in Spain’s Basque Country – has launched an online shop of goods and services for its customers, TradeSport reports. Kutxabankstore, as the service is called, divides its offering into six sections: technology, mobility, household, ...
-
News briefsDunlop’s sustainable new pádel ball
Source: Dunlop Dunlop has introduced its most sustainable model of pádel ball, according to Diffusion Sport and Tradesport. The Dunlop Eco Padel has a pressure-less core and a covering of synthetic felt that the company believes extend its shelf life and therefore make it ideal for occasional ...
-
News briefsSales up for H1 at Base Detall Sport
Base Detall Sport is satisfied with its performance so far in 2023, which it considers a year of stabilization and consolidation. With VAT excluded, accumulated sales for the first half amounted to about €65 million, for an increase of 13 percent year-on-year, as Diffusion Sport and TradeSport have reported. Online ...
-
News briefsPentland Brands looking to establish a youth board
Pentland Brands is joining mission-led start-up The People to form a new youth advisory board at the heart of its employee experience. The group, whose brands include Speedo, Ellesse, and Berghaus, is seeking six young people under 30 in its key markets – the UK, USA, India, Vietnam and China ...
-
News briefsSmart wearables and navigation app announce partnership
Smart wearables brand Amazfit, owned by Zepp Health, is now offering routing and navigation connectivity with the popular outdoor activities app Komoot. Amazfit’s proprietary operating system, the Zepp OS, already enables supporting smartwatches to connect to external apps such as Adidas Running, Strava, Relive, Apple Health or Google Fit. ...
-
News briefsAdidas updates guidance after Yeezy boost
Adidas, bolstered by its first sell-off of Yeezy styles, is now forecasting a full-year operating loss of about €450 million. That total represents a 36 percent improvement from its prior guidance of an FY23 operating loss of €700 million. If additional sales of Yeezy product are successful, annual results will ...
-
ArticleFootway Group has applied for voluntary company reorganization
Swedish Footway Group, operator of specialized online stores, has applied for voluntary company reorganization. According to the company, the decision is based on “the very challenging conditions that the sports retail industry in Sweden and Norway has faced in recent months,” and an acute liquidity situation. During the reconstruction period, ...
-
News briefs361 Degrees expands distribution partnership in Spain
Andalusian distributor, VC Sport, is to be the new distribution partner of technical basketball shoes from Chinese-based sporting brand 361 Degrees, according to CMD Sport. This is in addition to the brand’s technical shoes, which VC Sport has been distributing since 2017. Owner and head of the company, Roberto Canalesis ...
-
News briefsAthleta to get new CEO
Chris Blakeslee is to be the new President and CEO of Athleta as of Aug. 7, parent company Gap Inc. has announced. Blakeslee has most recently served as President of sister companies Alo Yoga and Bella+Canvas since 2017. Under Blakeslee’s leadership, Alo Yoga focused on a fashion-forward approach to wellness, ...
-
News briefsStockX x Represent release new sneaker
StockX yesterday began the limited release of a four-piece capsule collection in partnership with British streetwear brand, Represent. In addition to three pieces of apparel, the collection includes a limited-edition run of 300 of the bestselling, skate-inspired Bully Sneaker, in colors synonymous with StockX branding; green, white and gray. ...
-
News briefsAdidas Outdoor North America GM to depart
Michael Kadous, North America Senior Director and GM for Adidas Outdoor, Terrex and Five Ten, has announced on Linked In that he is to leave the company after seven years. Kadous joined Adidas in 2016 as a Director Global Finance, before becoming Senior Director of Global Transformation Adidas Outdoor, Terrex ...
-
ArticleAdidas reportedly receives €508 million in Yeezy orders
Adidas is said to have received €508 million in orders for 4 million pairs of shoes from the now defunct Yeezy partnership, according to the Financial Times. This, sources report, exceeded the company’s most optimistic forecast, although total net sales were lower than the value of the stock. In its ...
-
News briefsDecathlon rolling out virtual try-ons
Decathlon has introduced a tool to help online customers select a size for the garments they order. Although there have been no official announcements from the company, its global Chief Digital Officer, Jerome Dubreuil, has described the tool in a LinkedIn post – as Retail Technology Innovation Hub has discovered. ...
-
News briefsSpanish retailer posts record sales
Spanish retailer Megasport achieved record sales of €21.5 million in its fiscal year ended April 30, CMD Sport has reported, surpassing the €20 million mark for the first time in its history. Sales were up 17 percent compared to the 2021/22 fiscal year. Megasport was founded in 1990 by David ...
-
News briefsNike criticized for replica shirt decision
The FIFA Women’s World Cup Australia & New Zealand 2023 has just begun but English fans cannot purchase the replica shirt worn by their team’s goalkeeper, Mary Earps. According to the Daily Mail, Nike’s decision not to sell goalkeeper shirts is part of the company’s commercial strategy, although Earps pointed ...
-
News briefsFITEX will have an expanded second edition this year
The second edition of FITEX, the French fitness trade show and congress experience, will take place at the Parc Floral in Paris on Oct. 13-15 later this year. The inaugural event was held in October 2022 at the same venue. The show is open to professionals in the fitness market ...
