All Sporting Goods Intelligence articles in Volume 34, Issue 41+42 – Page 4
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Article
Puma appoints A$AP Rocky as Creative Director for F1 partnership
Source: Ryo Sato A$AP Rocky, Puma x F1 Creative Director Earlier this year, Puma announced a long-term partnership with Formula 1 (F1), becoming the exclusive licensee and on-track retailer at all races. Now, Puma and music artist, creative and designer A$AP Rocky officially announced a long-term creative ...
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News briefs
Zalando introduces ZEOS Fulfillment
Zalando is launching the ZEOS brand (short for Zalando E-commerce Operating System), which aims at enabling brands and retailers to manage their multi-channel business across Europe within one unified platform. In October 2022, Zalando piloted a multi-channel fulfillment solution with selected partners, which is now moving under a new dedicated ...
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News briefs
First global coalition for Trusted Reviews
Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor and Trustpilot have teamed up to launch the global Coalition for Trusted Reviews, a cross-industry collaboration committed to protecting access to trustworthy consumer reviews worldwide. Members will collectively define best practices for hosting online reviews and sharing methods to identify fake reviews, with the ...
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News briefs
Nearly 1,000 golf brands to showcase their products at 2024 PGA Show
The next edition of the PGA Show, the world’s largest gathering for the business of golf, will be held in Orlando, Florida, on Jan 23-26, 2024. The event is organized by the PGA of America and PGA Golf Exhibitions (part of RX) and is open exclusively to golf industry professionals. ...
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News briefs
Switzerland seeking to host a decentralized Winter Olympics
On Oct. 18, the Swiss Olympic Committee released a feasibility study to introduce a country-wide proposal to host two consecutive Winter Olympic and Paralympic Games. The study follows by about a week an announcement by the International Olympic Committee (IOC), as we’ve just reported, that even fewer cities have the ...
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News briefs
On opens first flagship in French capital
Swiss sports brand On continues to expand its global retail network, opening its first flagship store in France – its third in Europe. Located in the historic Saint-Germain district of Paris, the 250-sqm store will showcase On’s latest product innovations. On’s Paris flagship store will officially open to customers on ...
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News briefs
Nike’s employees at its global HQ will return to office four days a week
Starting in January, the Nike employees at its Oregon headquarters will be required to work in the office four days a week, The Oregonian/OregonLive has reported. Nike’s current policy requires workers to be in the office three days a week. “We’ve seen the power and energy that comes from working ...
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Analysis
Analysis: The latest inventory levels in the Sporting Goods Industry, Q2 2023
Our latest analysis dives into inventory, covering levels at 27 leading sporting goods companies for the period ended closest to June 30.
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Short stops
Short Stops Week 43, 2023
EXECUTIVE CHANGES +++ California-based action sports brand Arbor Snowboarding has hired Matt Patti as General Manager, Cale Meyer as Marketing Director, Garrett Gibb as Senior Manager of Product Development and Trevor Brady as North American Sales Manager +++ PRODUCT & MARKETING +++ Hoka is the official technical partner ...
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News briefs
Nautilus, Inc. to change corporate name to BowFlex Inc.
Nautilus, Inc. has confirmed plans to change its corporate name to BowFlex Inc. to focus on the company’s strongest consumer brand and further execute its growth strategy called North Star. “Over the last few decades, BowFlex has become a powerful brand in our portfolio, recognized for quality and innovative strength ...
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News briefs
Cisalfa appoints new group corporate and internal communication director
Italian sporting goods retailer Cisalfa has appointed Federico Filippa as group corporate and internal communication director. In his new role, Filippa will oversee internal, external and executive communications, media relations, corporate reputation management and crisis and issues management for the group, as per his Linkedin account. Filippa spent the past ...
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News briefs
NBA sponsorship revenues for the 2022/23 season hit $1.66bn
The National Basketball Association (NBA) posted record sponsorship revenues of $1.66 billion during the 2022/23 season, representing a 1.3 percent increase from the previous year, according to a study by Chicago-based sponsorship consultancy IEG. The figure, reported by Forbes, includes league, team and venue sponsorship rights fees while it excludes ...
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News briefs
Netflix will host its first-ever live sporting event this autumn
Netflix has announced plans to stage The Netflix Cup, its first-ever live sports event. Scheduled for this autumn, The Netflix Cup will be a celebrity golf tournament featuring athletes from Netflix sports docuseries Formula 1: Drive to Survive and Full Swing. The event will be held at ...
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News briefs
IOC warns about climate change threatening future Winter Olympics
Natural snowfalls have declined in some regions due to rising temperatures, while water scarcity negatively impacts snow-making. Under these circumstances, the existence of the global snow-sport industry is at stake. Speaking at a press conference in Mumbai alongside the International Olympic Committee (IOC)’s executive board meeting on Oct 13, IOC ...
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Article
First SSU subsidiary files for insolvency
Rumors are swirling: While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed ...
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News briefs
European Olympic Committees seeks CEO
The European Olympic Committee (EOC) has announced that it has started the search for a paid full-time CEO “in an effort to become more professional,” explained the organization. The EOC is a not-for-profit international organization whose objective is to propagate the fundamental principles of Olympism at the European level. The ...
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News briefs
Topsports Intl. turns higher sales, profits in H1
Chinese sportswear retailer Topsports Intl., which works with 14 leading sports brands including Nike and Adidas, reported a 16.7 percent increase in H1 profit attributable to shareholders to 1,337.20 million yuan renminbi (€173.0m) for the six months ended Aug. 31. Six-month operating profit improved by 9.2 percent to RMB 1,725.9 ...
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Article
Rental and second-hand markets contribute nearly £7bn to UK economy
A study by Barclaycard Payments has found that UK retailers are benefiting from the growing recommerce economy. 76 percent of retailers now offer more sustainable shopping formats that include rental, reuse and resale offerings. Barclaycard Payments partnered with Development Economics to combine thousands of responses from UK consumers with demographic, ...
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Article
Peloton appoints new Australian GM
Source: Peloton Kathryn Carter, new General Manager for Australia Peloton has appointed Kathryn Carter as General Manager for Australia. Carter will be responsible for growing and managing Peloton’s business in the country, overseeing various functions, including retail, operations, marketing and communications, and business partnerships. Carter replaces former ...
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News briefs
Peloton to offer NBA and WNBA-themed classes through new partnerships
Peloton, the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA) have announced a multi-year partnership that will make Peloton the official fitness partner of the two associations. Through the collaboration, NBA League Pass, the league’s premium live game subscription service, will be available on compatible Peloton devices ...