All Sporting Goods Intelligence articles in Volume 34, Issue 33+34 – Page 4
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News briefsDeichmann releases podcast following the journey of a shoe
German shoe retailer Deichmann is releasing a podcast following the journey of the shoe, from idea to sale. The podcast title “From Head to Shoe” was chosen by Deichmann employees. In a German-language interview format, host Donya Farahani will take listeners chronologically through the individual areas of the family ...
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News briefsActive Brands Group hires e-commerce manager
Source: Active Brands Group Rohan Callander Stockholm-based Active Brands Group (ABG), which owns a broad portfolio of brands in the sports and pharmaceutical segments, said it has hired New Zealander/Swede Rohan Callander to expand the DTC side of its brands to their full potential. Previously, the company ...
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News briefsBanner FY 2022 at Sprinter
Sprinter’s sales for full-year 2022 exceeded €519 million, for a year-on-year increase of 30 percent, while net profit almost doubled, rising from €18.3 to €34.1 million – all according to Diffusion Sport. The chain also upped its store count in Spain by about 30 to a total of 205. It ...
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News briefsSport Conrad switches to Sport 2000
German sports retailer Sport Conrad, based in Garmisch-Partenkirchen, will switch from Intersport to Sport 2000 on Oct. 1, 2024. The retailer has so far been a so-called cooperation partner of Intersport and therefore does not appear on the market under this brand. “We chose Sport 2000 because the association, with ...
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News briefsOrthoLite strengthens sales team in China
Insole and footwear solutions brand OrthoLite bolsters its Chinese sales management team with the hiring of Chuck Yu as Director of Sales Strategy and John Liu as Sales Manager. Yu and Liu will be responsible for supporting OrthoLite China’s domestic brand partners as well as international brand partners operating in ...
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News briefsBabolat announces multi-year deal extension with Carlos Alcaraz
French brand Babolat has announced a seven-year extension to its contract with tennis star Carlos Alcaraz, which will now continue until at least 2030. The 21-year-old Spanish-born player was recently crowned Wimbledon champion and previously won the US Open in 2022. Alcaraz signed his first contract with Babolat at the ...
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News briefsNew Lycra brand products to be shown in Shanghai
The Lycra Company, developer of innovative and sustainable fiber and technology solutions for the apparel and textile industry, is showcasing its latest products at Intertextile Shanghai (Aug. 28-30, 2023). The company’s booth will feature three new Lycra brand fibers making their trade show debut. To meet the market’s need for ...
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News briefsNikwax partners with 686
California-based outdoor, leisure and snowsports brand 686, founded in 1992 by skateboarder, snowboarder and visionary Michael Akira, and Nikwax, the Washington-based manufacturer of technical cleaners and waterproofers for outdoor gear and apparel founded in 1977, have teamed up to reduce waste and keep 686’s gear performing at its best over ...
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ArticleBaozun acquires intellectual property rights to Hunter for China, Southeast Asia distribution
Authentic Brands Group (Authentic) has announced a partnership with Baozun Inc. for the British heritage brand Hunter, famous for its iconic Wellington boots. Through Authentic’s newly formed subsidiary ABG Hunter LLC, Baozun and Authentic are entering into a joint venture for the brand in Greater China and Southeast Asia, under ...
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News briefsLacoste launches first line of women’s underwear
French brand Lacoste has introduced its first line of women’s underwear at the intersection of fashion and sport. The brand launched its first underwear for men back in 1966. The new women’s line comprises four capsules in four styles, dubbed Heritage, Branding, Essential, and Signature. All the 50 pieces in ...
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News briefsNike will finally sell replica shirt worn by England goalkeeper Mary Earps
Nike has announced that it will finally sell replicas of England goalkeeper Mary Earps’ World Cup shirt. The sportswear giant, which is the team’s kit supplier, had been criticized for deciding not to sell goalkeeper shirts, as SGI Europe also reported in July. The company has now “secured limited quantities ...
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News briefsSkechers is suing Laforst Shoes for allegedly copying its slip-in shoe design
Skechers has filed a patent infringement lawsuit accusing California-based Laforst Shoes of copying its slip-in shoe design. Specifically, Skechers is accusing Laforst of infringing on five patents related to its slip-in, hands-free sneakers. The lawsuit was filed on Aug. 17 in the central district of California. In June, Skechers filed ...
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News briefsNew Balance files lawsuit against Golden Goose over “dad shoes”
New Balance has filed a lawsuit against luxury Italian label Golden Goose, claiming that the brand copied New Balance’s signature Dad sneakers, notably its Model 990 line. The lawsuit was filed on Aug. 18 in the US District Court for the District of Massachusetts. According to the complaint, Golden Goose’s ...
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News briefsGympass raises $85 million in equity funding
Corporate wellness platform Gympass has announced that it has raised $85 million in Series F funding, led by EQT Growth, with participation from Neuberger Berman. The funding comes in at what the company has described as “a record year” on the heels of several milestones. Gympass surpassed 15,000 corporate customers ...
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Short stops
Short Stops Week 35, 2023
MARKET STATISTICS +++ Vietnam’s textile and garment exports dropped 14.5 percent from January to July 2023, while yarn exports fell 20.8 percent during the same period +++ E-COMMERCE & DTC +++ TikTok is reportedly planning to ban links to external e-commerce sites, pushing users towards its own TikTok ...
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News briefsHardgoods drag down Globe Intl.’s FY revenues
Globe International total sales fell by 15 percent (-17% in constant currency) to A$234.34 million (€139.0m) for the FY ended June 30. Excluding hardgoods, annual revenues rose by 2 percent in constant currency. Ebit declined by 83 percent to A$4.62 million (€2.74m) or 2.0 percent of revenues versus 10.0 percent ...
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News briefsWilson celebrates 45th anniversary of US Open partnership
Source: Wilson Wilson Advisory Staff Member, Marta Kostyuk, in the Midtown Tennis Dress Wilson Sporting Goods announced its program around the US Open, which includes exclusive product showcases, athlete appearances, local giveaways and more. “One of Wilson’s most iconic official ball partnerships is with the US Open,” ...
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News briefsIn-Sport Fashions signs distribution agreement with Allbirds for the Canadian market
Québec-based In-Sport Fashions, a Canadian distributor of specialized lifestyle, sports and outdoor products, entered an exclusive partnership with the sustainable footwear brand Allbirds. Effective Sept. 15, 2023, In-Sport Fashions assumes distribution of Allbirds products across all Canadian distribution channels: retail, allbirds.ca and wholesale partner openings. Under this new distribution agreement, ...
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News briefsFIBA has a new president
Source: FIBA Sheikh Saud Ali Al Thani The International Basketball Federation (FIBA) has announced Sheikh Saud Ali Al Thani as the new President of the organization for the upcoming 2023-2027 cycle. He was elected unanimously by all in attendance at the XXII FIBA Congress in Manila on ...
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News briefsU.K.-based sneaker reseller Laced expands to Europe
Laced is now available to buyers and sellers in Europe. The London-based online platform has also launched dedicated German and French language websites. According to a report by Footwear News, Laced will grow its current staff of 80 employees by at least 25 percent, with new jobs on the continent ...
