All Sporting Goods Intelligence articles in Volume 34, Issue 39+40 – Page 2
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Article
Jones introduces Re-Up Tech snowboard recycling program
California-based winter apparel and backcountry gear brand Jones Snowboards announced a snowboard production technology called Re-Up Tech that allows snowboards to be recycled and the collected materials to be used to make new snowboards. The Re-Up Tech process was designed in partnership with SWS Board Technology, Jones’ snowboard factory partner ...
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News briefs
Largest SSU shareholder terminates unconditional equity commitment
Shortly after deciding to delist from the NYSE, Signa Sports United (SSU) announced that it had received a termination notice regarding the unconditional equity commitment letter from Signa Holding GmbH, a privately held Austrian real estate and retail company and a subsidiary of the company’s largest shareholder, Munich-based Signa International ...
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Article
German retail chain SportScheck to be acquired by Frasers
Frasers Group announced that it has reached a binding agreement with Signa Retail Department Store Holding GmbH to acquire German sports retailer SportScheck. Signa had once acquired SportScheck from the Otto Group. The most recent news surrounding Signa already suggested that some of its brands might be divested from the ...
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News briefs
New VP Supply Chain Ops EMEA at VF
An Claes has been appointed as the new Vice President of Supply Chain Operations EMEA for VF Corp. She succeeds Stuart Pond, who now holds the position of Vice President of Global Supply Chain Platforms. Claes has a 24-year track record in the supply chain sector, with experience in logistics, ...
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News briefs
New Era hires GM for North America
New York-based licensed headwear company New Era Cap hired Steve Gallo as GM for North America back in September, reporting to co-Presidents Jim Grundtisch and Jim Patterson. The news follows recent reports that New Era is planning an initial public offering that would value the company at $4 billion to ...
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News briefs
Anta Sports buying majority stake in women’s activewear firm
Anta Sports is taking action to acquire an approximate 75 percent stake in Mayiya Clothing (Shanghai) Co., Ltd. for an undisclosed sum. The company, founded in 2016, markets the Maia Active sportswear brand for Asian women with a principal focus on the yoga sports category. Anta sees the acquisition bolstering ...
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News briefs
361° retail sales rise 30 percent in Q3
The Chinese company 361 Degrees Intl., which launched its Soaring Clouds skateboarding shoes during the period, reported a 15 percent increase in 361° core branded products and 25 to 30 percent sales growth for 361° kids’ products during the quarter ended Sept. 30. Overall, 361° e-commerce sales improved by 30 ...
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News briefs
Xtep Intl. releases Q3 update
Retail sell-through for the Chinese company’s core Xtep brand, including online and in-store sales, rose by high teens year over year. Meanwhile, the company said there was a 25 to 30 percent discount level during the three months ended Sept. 30 with an inventory turnover level of 4.5 to 5.0 ...
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Article
Golf, walking and Nordic walking may enhance cognitive function in older adults
A recent study published in BMJ Open Sport & Exercise Medicine found out that playing a single 18-hole round of golf or completing 6 km of either Nordic walking or regular walking may significantly improve immediate cognitive function in older individuals. An international team of researchers from the University of ...
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Article
Re:Thinking Business –
Small steps for a big changeWe proudly present Re:Thinking Business. A special with all the latest developments from the circular economy in our industry.
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News briefs
International Federation of American Football receives full IOC recognition
The International Federation of American Football (IFAF) has been granted full recognition by the IOC at its 141st Session in Mumbai. The decision follows the proposal made by the IOC executive board in March. The IFAF is the international governing body for the sport of American football, including flag football, ...
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Sponsored
Revolutionizing footwear retail
How one company is helping retailers to increase customer satisfaction, reduce returns, lower CO2, and merge in-store and online experiences.
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News briefs
Pro-Sports joins the International Textile Manufacturers Federation
Pro-Sports, a Vietnam-based garment manufacturer that primarily focuses on performance, active, sports and casual wear, has joined the International Textile Manufacturers Federation (ITMF) as a corporate member. Located in northern Vietnam, Pro-Sports specializes in both woven and knit products and has a workforce of 6,000 people in four factories. The ...
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News briefs
Padel is experiencing exponential growth in Italy
Italy is second in Europe (after Spain) regarding the number of padel courts and participants, the International Padel Federation (IPF) said in a statement. The country experienced an increase of 16 percent in facilities (sports clubs, padel clubs, accommodation facilities) in the first nine months of 2023 compared to 2022 ...
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News briefs
Spanish retailer Oteros Sport exits bankruptcy and draws expansion plan
Spanish athletic footwear retail chain Oteros Sport, which entered bankruptcy in September 2022 due to the impact of the Covid-19 pandemic, has announced that it has been authorized by a commercial court in Cordoba to continue its operations. The company is therefore maintaining its 66 locations and 249 jobs and ...
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News briefs
Premier Padel appoints Eno Polo as CEO
Source: Premier Padel Eno Polo Premier Padel, the global pro padel tour founded by Qatar Sports Investments (QSI) with the International Padel Federation (FIP) and the Professional Padel Association (PPA), has announced the appointment of Eno Polo as CEO, effective Nov. 16. Polo has a long-standing experience ...
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News briefs
Former Iconix CEO Neil Cole sentenced to 18 months in prison on fraud charges
The US Attorney for the Southern District of New York, Damian Williams, has announced that Neil Cole, the founder and former CEO of Iconix Brand Group, has been sentenced in Manhattan federal court to 18 months in prison “for participating in a scheme to fraudulently inflate Iconix’s revenue and earnings ...
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Article
Sport England plans to fund sports based on their action to fight climate crisis
Sport England wants sports to do more to tackle the climate crisis and plans to require action in this area as a condition of grant funding, the Guardian reported in an exclusive, based on a statement from Sport England chairman Chris Boardman. Speaking at the Blue Earth Summit in Bristol ...
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News briefs
SailGP teams up with Mover to create plastic-free technical sportswear
Global sail racing league SailGP has announced a collaboration with Swiss sportswear firm Mover, a pioneer in 100 percent plastic-free apparel, to create “the world’s first plastic-free technical sportswear.” The collaboration sees the release of a capsule collection of six items, including T-shirts, polos and fleece hoodies, all crafted from ...
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News briefs
Puma announces new partnerships with CONMEBOL and CAF
Puma has announced a partnership with the South American Football Confederation (CONMEBOL) for all club and national team matches for the next three years, starting from the 2024 season. Founded in 1916, CONMEBOL is the oldest continental football federation. Puma will sponsor major tournaments across Latin America like the Copa ...