All Sporting Goods Intelligence articles in Volume 34, Issue 35+36
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PDF NewsletterSGI Europe Executive Edition: Vol 34 - 35+36
KMD Brands’ FY results dimmed by softer consumer sentiment in Q4 | Zumiez encouraged by some brands in Europe, private label growth | New trio at Schanner’s helm | Asian sneaker marketplace Novelship secures $9.5 million in Series B funding | Salomon gives competitors insight into its winter sports product LCA | Adidas Originals launches new global brand platform | Tecnica presents first ski boot based on new eco-design principles | Muntagnard launches mono-material apparel via Kickstarter to avoid overproduction | EU to take action on late payments | A1 Padel, unfazed, looks to US
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News briefsRoger Federer’s last Grand Slam-winning outfit up for sale in historic tennis auction
Source: Prestige Memorabilia Roger Federer’s 2018 Australian Open match worn and signed outfit Prestige Memorabilia announced an auction of tennis memorabilia culminating in an exclusive piece of tennis history: Roger Federer’s match-worn outfit from his landmark 20th Grand Slam victory at the 2018 Australian Open. The win ...
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News briefsPickleball becomes official in Spain
Spain’s tennis federation (RFET) has incorporated the sport of pickleball. It has, in consequence, established a committee to handle pickleball-related matters and chosen the leader of pickleball’s Spanish association, Roberto Pérez, to preside over it. RFET’s chairman, Miguel Díaz Román, acknowledging pickleball’s fast growth in Europe, says the RFET seeks ...
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News briefsHead of operations out at Pádel Nuestro
Pedro Martínez, head of new business at Pádel Nuestro and at its parent company, 360 Padel Group, resigned at the start of September, bringing nine years of employment to a close with the overall company – as Palco23 reports. Martínez served first, for most of 2015, as Padel Nuestro’s head ...
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News briefsHanesBrands evaluates strategic options for its Champion brand, weighs potential sale
HanesBrands has announced that its board and executive team are assessing strategic options for the global Champion business, including “a potential sale or other strategic transaction,” the company said in a statement. That does not mean that the assessment process will result in any particular transaction or strategic outcome regarding ...
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News briefsAnta signs sustainable business initiative at SDG summit
Chinese sportswear maker Anta Group announced that it has signed the “Business in Action—Sustainable Industrial Development Commitments” during the Second United Nations Sustainable Development Goals (SDG) Summit, the highest-level United Nations summit in the field of sustainable development, which was held on Sept. 18-19 in New York. Furthermore, Anta Group’s ...
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ArticleKMD Brands’ FY results dimmed by softer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu, and Oboz – was offset by weaker results in the year’s final period, which ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 ...
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News briefsNew Asics President, more executive changes
Asics Corp. has announced the appointment of Mitsuyuki Tominaga as its new President and Chief Operating Officer, effective Jan. 1, 2024. Tominaga currently serves as the company’s Managing Executive Officer, Chief Data Officer and Chief Information Officer. Before joining Asics, he held leadership roles at SAP Japan, Works Applications America ...
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News briefsFormerly pure e-tailer predicts a record year
Deporvillage appears to have returned to double-digit growth in revenues and has accordingly raised its revenue forecast for the current year from €163 to €170 million, according to Modaes and Palco23. Should the crystal ball prove accurate, the retailer will surpass the record year of 2021 with its late-Covid euphoria. ...
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News briefsPatagonia releases new neoprene-free wetsuits with more stretch and comfort
The US magazine Surfers reports that Patagonia has released a redesigned line of its Yulex neoprene-free wetsuits. After searching for a way to get rid of neoprene – a synthetic rubber – since 2008, the outdoor brand released its first neoprene-free line of wetsuits in 2014, made from natural Yulex ...
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News briefsHuntsman develops first liquid TPU for the footwear industry, easy to process and circular
Source: Huntsman U.S. chemical company Huntsman has developed a liquid thermoplastic polyurethane (LTPU) that enables the rapid production of high-performance midsoles and aligns with the ambitions of brand-name manufacturers of athletic and casual footwear. The Smartlite® O LTPU system is easier to process than expanded forms of ...
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News briefsNike x Feng Chen Wang: Unconventional and sustainably-minded
Source: Nike Transform Jacket, Nike x Feng Chen Wang Nike and Chinese-born, London-based designer Feng Chen Wang have unveiled their first collaboration. It sees them break with conventions of apparel construction to reinterpret sportswear pieces as highly functional blends of different cultural and design elements, led by ...
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![Binding image[25]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/8/9/8/29898_bindingimage25_188956.jpg)
News briefsArmada, Atomic and Salomon recall ski touring bindings
Ski equipment manufacturers Armada, Atomic and Salomon have issued a voluntary and precautionary product recall for a specific production run of the “Tracer”, “Backland” and “MTN” bindings. The manufacturers say it has become apparent that, under certain conditions, the spring guide axle on the toe piece of the binding could ...
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News briefsInditex gets an H1 boost
Inditex improved its profitability by 40.1 percent in the first half of the year, which ended on July 31. According to Diffusion Sport, the Galician textiles firm’s net income amounted to €2.513 billion on revenues of €16.851 billion – themselves up 13.5 percent. Sales were up on- and offline and ...
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ArticleAsian sneaker marketplace Novelship secures $9.5 million in Series B funding
Novelship, a Singapore-based marketplace founded in 2018, has received US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The company said the new funding will accelerate its efforts to strengthen its brand presence across Southeast Asia. This includes improving logistics capabilities, refining ...
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ArticleMilan to become “the first wellness city”
Technogym’s founder and president, Nerio Alessandri, is planning to make Milan the “first wellness city,” as he has said in an interview with Corriere della Sera. In 2003, Alessandri founded the Wellness Foundation, based in Italy’s Romagna, where Technogym is also headquartered. The Wellness Foundation promotes scientific research, health education ...
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News briefsWorld Boxing announces four new member federations
World Boxing, the international federation set up in April 2023 to rival the International Boxing Association (IBA), has announced a new cohort of members. Four new federations have joined the organization – Denmark, Panama, Mongolia and French Polynesia – taking World Boxing’s membership up to 16. Denmark is the sixth ...
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News briefsFanatics signs Harry Kane to exclusive memorabilia deal
England captain and Bayern Munich striker Harry Kane has signed a multi-year memorabilia partnership with Fanatics. Under the terms of the agreement, Fanatics will become the sole distributor of Kane’s collectibles, autographs and memorabilia, including match-used boots and shirts. The 30-year-old is the first British athlete to partner exclusively with ...
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News briefsGoldman Sachs creating sports franchise division
Financial services firm Goldman Sachs is developing a new global division called Sports Franchise in Investment Banking, according to The Wall Street Journal, which first reported the plan, and other press sources. The new division is meant to offer wealthy clients worldwide more opportunities for investment in teams and other ...
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News briefsSolinski no longer CEO of Sport 2000 France
After 11 years in the role, Stéphane Solinski is no longer the CEO of Sport 2000 France.
