All Sporting Goods Intelligence articles in Volume 34, Issue 45+46 – Page 2

  • Munich_sports_logo
    News briefs

    Munich opens its largest flagship in central Madrid

    2023-11-25T08:23:00Z

    Spanish sneaker brand Munich is opening a new flagship store at Calle de Fuencarral 5, in the premises previously occupied by a Mr Wonderful stationery shop. Calle de Fuencarral is one of Spain’s capital’s main shopping destinations and tourist areas. The new store will be the largest in Munich’s retail ...

  • IOC-Logo
    News briefs

    IOC president meets with UN secretary-general

    2023-11-25T08:21:00Z

    The president of the International Olympic Committee (IOC), Thomas Bach, met with the United Nations (UN) secretary-general António Guterres on Nov. 20 before presenting the Olympic Truce draft resolution to the UN. The two leaders discussed the current issues in the world’s geopolitical situation, and both stressed the contribution of ...

  • Short stops

    Short Stops Week 48, 2023

    2023-11-25T08:18:00Z

    LEGAL AND INSTITUTIONAL +++ FIBA has extended the “current status quo regarding the participation of Russia and Belarus in international competitions” in connection with the ongoing conflict in Ukraine, which means that the two countries will continue to be excluded from international basketball competitions as they have been since March ...

  • Service d'information du Gouvernement
    Article

    France announces physical activity and sport as 2024’s “Grande Cause Nationale”

    2023-11-24T13:33:00Z

    Each year since 1977, the French Prime Minister has awarded the official label “Grande Cause Nationale” (great national cause) to a public interest campaign implemented by an organization or a group of associations, which will receive assistance and publicity throughout the year. The theme changes every year. For the first ...

  • medef_logotype_print-1
    News briefs

    French business network Medef appoints a co-President for its Paris 2024 committee

    2023-11-24T13:31:00Z

    Medef (Mouvement des Entreprises de France), the leading network of entrepreneurs in the country, has appointed Fabien Gilot as co-president of the organization’s committee for the Paris 2024 Olympics. Gilot will join forces with Dominique Carlac’h, who was already at the committee’s helm and will now share responsibilities with him. ...

  • Polygiene
    News briefs

    Polygiene introduces new plant-based StayFreshBIO

    2023-11-24T09:27:00Z

    The Polygiene Group will launch a plant-based antimicrobial technology for the textile market at ISPO Munich 2023. The technology is based on a 100 percent bio-based active ingredient derived from plant substances. It complements Polygiene’s current silver-based solution and is in line with the movement in certain regions looking for ...

  • Sport 2000 Logo
    Article

    How Sport 2000’s "One Sport" strategy is evolving

    2023-11-23T14:41:00Z

    Ahead of ISPO Munich 2023, Sport 2000 International has released an update of its One Sport 2000 strategy and progress. In a statement, Margit Gosau, CEO of Sport 2000 International and Sport 2000 GmbH, discusses a three-pronged approach which includes expanding specialization and progressively implementing this in brick-and-mortar retail formats, ...

  • Circle Sportswear
    News briefs

    Circle Sportswear raises €4m in latest funding round

    2023-11-23T10:11:00Z

    Circle Sportswear, the French start-up that uses recycled resources to produce new technical garments that are themselves recyclable, has raised €4 million in a Series A funding round. The investment is led by French positive impact investment firm Alter Equity, alongside its historical shareholders and Thierry Peuchot, former marketing director ...

  • alibaba-logo-elements
    Article

    Alibaba’s founder mulls cutting stake

    2023-11-23T10:00:00Z

    Jack Ma, founder of the Chinese e-commerce giant Alibaba, is weighing whether to sell 10 million shares in the company through his family’s trust and re-invest the proceeds in agriculture and public welfare projects. Ma disclosed his potential transaction in a regulatory filing on the same day that Alibaba reported ...

  • empowering-smes-in-the-digital-decade-1
    Article

    Digitalization is key for 85% of European SMEs, but gaps in tech adoption

    2023-11-23T10:00:00Z

    Digitalization is a powerful growth lever in today’s economy, but companies are not always up to speed with technological developments, especially small and medium-sized enterprises (SMEs). According to new research from Sage, 85 percent of European SMEs consider digital tech as a key element to their growth ...

  • Basket Revolution
    News briefs

    Basketball Revolution rebrands as Basketball Emotion, opens first store in Madrid

    2023-11-23T09:44:00Z

    Basketball Revolution, which Fútbol Emotion acquired in March, is now rebranding as Basketball Emotion starting Dec. 1. Alongside the rebranding, the chain will be opening its first Basketball Revolution store, also on Dec. 1. The new 600-sqm store will be located at the MegaPark shopping mall in San Sebastian de ...

  • EssilorLuxottica logo
    News briefs

    EssilorLuxottica secures Moncler eyewear license

    2023-11-23T09:40:00Z

    EssilorLuxottica and Moncler have announced the signature of an exclusive licensing agreement for the design, production and global distribution of Moncler-branded eyewear, including eyeglasses and sunglasses. The agreement will be in effect from January 2024 until December 2028 with an automatic renewal option for five more years, and the first ...

  • Futbol Emotion
    News briefs

    A pivotal year for Fútbol Emotion

    2023-11-23T09:40:00Z

    Fútbol Emotion might achieve the record €85 million in annual sales that it forecast at the close of the first quarter of this year. However, its latest forecast hedges the bet, shaving off €1 to €2 million – all of this according to CMDsport. Even €83 million, though, would amount ...

  • 500px-Dongxiang_sports_logo
    News briefs

    China Dongxiang results impaired by investments

    2023-11-23T06:58:00Z

    China Dongxiang, which distributes the Kappa brand in Greater China and has been a publicly traded company since 2007, reported a net loss of 410 million yuan renminbi (€52.7m) for the six months ended Sep. 30. Excluding its investment segment, operating profit was RMB 75 million (€9.6m). Year-over-year revenues were ...

  • TGL
    News briefs

    Power outage costs TGL a stroke

    2023-11-22T15:28:00Z

    TGL, the new golf league we reported on about a week ago, finds itself in the rough. The league was set to make its debut this coming January with some serious pros in on its six teams, but a power outage has collapsed an air-supported dome on its playing grounds, ...

  • 1280px-Adevinta-logo.svgz
    News briefs

    eBay supports voluntary offer to acquire Adevinta

    2023-11-22T15:28:00Z

    eBay has announced its support for the voluntary tender offer led by Permira and Blackstone for all publicly traded shares of Adevinta, a publicly traded Norwegian company and the world’s largest operator of online classifieds portals. Under the terms of the transaction, eBay would sell 50 percent of its shares ...

  • Ryokusai_Inoue
    News briefs

    Puma appoints new GM for Japanese business

    2023-11-22T14:59:00Z

    Source: Puma Ryokusai Inoue Puma has appointed Ryokusai Inoue as the new General Manager of Puma Japan with immediate effect. He will report directly to Germany-based Puma CEO Arne Freundt. Inoue joined the company in 2015 as Director of Retail. In this position, he shaped the success ...

  • Under_armour_logo
    News briefs

    Under Armour opens its first London outlet store at The O2

    2023-11-22T14:56:00Z

    Under Armour will be opening a 370-sqm unit at Outlet Shopping at The O2 in London in early December. Outlet Shopping at The O2 is owned and operated by Waterfront Limited Partnership, a joint venture between AEG and Crosstree Real Estate Partners. The new store will be Under Armour’s 12th ...

  • Decathlon
    News briefs

    Decathlon opens megastore at new Merlata Bloom mall in Italy

    2023-11-22T14:20:00Z

    Decathlon has moved its historic Baranzate store, near Milan, which had been there for 30 years, to the new Merlata Bloom shopping mall on Nov. 18. The new store boasts a larger surface – from 4,500 sqm in Baranzate to 5,500 sqm – and a staff of 83 people, including ...

  • daniel-prado-2COX4tG0tc0-unsplash
    News briefs

    Pilar Alegría will head sports in Spain’s new cabinet

    2023-11-22T14:20:00Z

    Spain’s Prime Minister Pedro Sanchez announced on Nov. 21 his new cabinet, which includes a reshuffling of some portfolios. Pilar Alegría, who has been at the helm of the Ministry for Education and Vocational Training since 2021, will continue heading the education system but has now gained an additional sports ...