All Sporting Goods Intelligence articles in Volume 34, Issue 3+4
View all stories from this issue.
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ArticleCircular economy: Rental is a business model for now and the future
Good for the environment and the bottom line. Sounds good in theory, but what does this mean in practice? We explain the whys and hows
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PDF NewsletterSGI Europe Executive Edition: Vol 34 - 3+4
“Clouds are gathering on the horizon” – WFSGI and McKinsey release 2023 report | Intersport International reports record year 2022 | Sport 2000 reports another record year | StockX broke records in 2022, reveals most traded and fastest growing brands | A second consecutive record year at Head Spain | Peloton posts strongest quarter in year, but work remains | Red soles and a red light for Amazon in European Court of Justice proceedings | Authentic Brands Group appoints new CFO | Under Armour announces two new board members | CEOs fear a global decline in short and medium term, survey says | The twin forces of pro pádel meet
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ArticleA second consecutive record year at Head Spain
Head Spain broke in 2022 the record it set in 2021 for annual sales, which increased by 27 percent from €18.43 to €27 million. As CEO Jochen Schirmer explained to CMDsport, the most recent full year saw equipment purchases rise in tandem with the practice of sports. Moreover, the end ...
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ArticlePeloton posts strongest quarter in year, but work remains
Peloton Interactive continues to make progress in its turnaround under CEO Barry McCarthy but must achieve numerous objectives in the year ahead if it wants to stay the course.
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News briefsJanuary edition of Munich Fabric Start attracts 14,000 visitors
The latest edition of Munich Fabric Start, which was held at MOC Ordercenter München on Jan. 24-26, attracted around 14,000 professional visitors from 58 countries. Most visitors were from the DACH region (Germany, Austria and Switzerland), but many also came from Scandinavia, Benelux, the U.K. and Turkey. Around 900 international ...
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News briefsCanada Goose launches U.S. resale platform powered by Trove
Trove, a service provider that powers the secondhand stores of Patagonia, Lululemon, REI, Arc’teryx, On and Allbirds, is now also the partner for Canada Goose’s new authorized reselling platform: Canada Goose Generations. Consumers can trade in their used Canada Goose products online, for assessment and authentication. Canada Goose will compensate ...
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News briefsEU Commission advocates sustainable purchasing with new campaign
With its new “ReSet The Trend” international campaign, the European Commission aims to engage Europeans in the fight against fast fashion and raise public awareness of the EU Sustainable and Circular Textiles Strategy. Source: European Commission According to the Commission, the amount of clothing produced, worn and ...
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News briefs2022 confirmed as a bleak year for U.K. businesses
The number of profit warnings issued by U.K.-listed companies in 2022 increased by 50 percent year-on-year, with record levels of these warnings citing rising costs, according to EY-Parthenon’s latest Profit Warnings report (member firm of Ernst & Young). In total, 305 profit warnings were issued in 2022, an increase ...
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ArticleUnder Armour announces two new board members
Under Armour will be appointing Carolyn Everson and Patrick Whitesell to its board of directors on Feb. 1. In addition, the Baltimore-based sportswear firm has announced that longtime board member Harvey Sanders, who has served on the board since November 2004 and is currently chair of the Human Capital and ...
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News briefsVF Corp. opens regional office and new design center in Tokyo
VF Corp. has announced the launch of the Tokyo Design Collective (TDC) and new regional office in Tokyo’s Harajuku district. The office will be home to the new TDC team, whose mission is “to reinforce VF’s commitment to infusing aspirational Japanese product design and craftsmanship into its iconic global brands.” ...
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News briefsLockdown boost wanes for Tradeinn
Tradeinn generated revenues of €433 million in 2022, up by 15 percent year-on-year, according to the Expansión and Diffusion Sport. This is nevertheless a decrease in pace. As we reported a year ago, even CEO David Martín was surprised at the figures for 2020 and 2021, when what he called ...
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News briefsPolar expands into algorithm business as ingredient brand
Fitness software and product supplier Polar has launched a new website dedicated to the selling and licensing of its algorithms. The company offers full-service partnerships, from the configuration and implementation of algorithms into devices to marketing support, assisted by a dedicated team at Polar. The new offering is aimed at ...
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News briefsNike sues Lululemon for patent infringement on its Flyknit technology
Nike Inc. is suing Lululemon Athletica, claiming that at least four of Lululemon’s footwear products infringe its patents. In a complaint filed in Manhattan federal court, Nike alleges that Lululemon’s Blissfeel, Chargefeel Low, Chargefeel Mid and Strongfeel sneakers infringe on Nike’s patents related to its Flyknit technology, with reference to ...
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News briefsNew partnership for the Eurobike Industry Award 2023
The Eurobike Award 2023 for innovative products in the bicycle and future mobility industry will be staged for the first time at Messe Frankfurt this year. After a one-year break and the relocation of the international Eurobike trade show from Lake Constance to the Main River, the trade show is ...
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News briefsAdidas x Burning Cart Society explore new paths on the green
Adidas has launched a new capsule golf apparel collection created in collaboration with the Burning Cart Society, a project that promotes better access to the sport of golf and a purist approach to golfing – without carts. The limited-edition collection is part of the Adidas Adicross range and features unisex ...
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News briefsPuma and June Ambrose celebrate women in co-branded collection
Puma and creative director June Ambrose launched their first co-branded collaboration, “Keeping Score.” The 20-piece collection of apparel, footwear and accessories celebrates Ambrose’s career and impact within hip-hop and fashion, and is meant to encourage women to “keep score” of their wins. Ambrose joined Puma in 2020 as the creative ...
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News briefsUkraine could boycott Paris 2024 if Russia and Belarus are allowed to compete
The Ukrainian sports minister, Vadym Guttsait, has warned that the country could boycott the 2024 Paris Olympics if athletes from Russia and Belarus are allowed to compete. The announcement comes on the heels of the International Olympic Committee (IOC) on Jan. 25, saying it was favoring “a pathway for athletes’ ...
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News briefsAdidas among backers of Sapphire Sport’s new venture fund
The venture capital platform Sapphire Sport has raised $181 million for a new fund focusing on sports, media, entertainment and technology in North America, mainly in California and New York, Bloomberg has reported. The new fund’s investors include Adidas, AEG Worldwide, Arctos Sports Partners, the Bank of Montreal, City Football ...
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ArticleRed soles and a red light for Amazon in European Court of Justice proceedings
A new ECJ judgment has made it easier for brands to protect their IP rights on e-commerce platforms. Experts are calling it a “landmark” case
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News briefsItaly’s sporting goods industry is worth €13 billion
According to a recent study by Assosport, Italy’s sporting goods industry is worth €13 billion, a 15 percent increase from 2020. Growth has been driven by the resuming of activities after Covid-19, combined with the pandemic itself, which has, in fact, pushed many consumers to outdoor as well as at-home ...
