All Sporting Goods Intelligence articles in Volume 34, Issue 47+48 – Page 2
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News briefsCricket equipment market to grow at a CAGR of 3.28% by 2028
The global cricket equipment market is projected to grow by $2,536.35 from 2023 to 2028, representing a compound annual growth rate (CAGR) of 3.28 percent, according to a recent report by research and advisory firm Technavio. Growth will be primarily driven by the increase in the number of cricket tournaments, ...
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ArticleWomen’s elite sport revenues to surpass $1bn for the first time in 2024
According to a new report by consulting firm Deloitte, women’s elite sports will generate global revenues of US$1.28 billion in 2024, surpassing the US$1 billion milestone for the first time. This total will also mark an increase of more than 300 percent from Deloitte’s previous valuation in 2021. These projections ...
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News briefsNew executive appointment for Reebok Europe and Reebok LTD
Source: NGG Markus Kleber New Guards Group (NGG) announced the appointment of Markus Kleber as Senior Vice President, General Manager of Reebok Europe and Reebok LTD. He will lead the business strategy and oversee all functions of Reebok Europe and Reebok LTD. Kleber joins NGG from Adidas, ...
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News briefsParis Saint-Germain, Nobis and Jay Chou collab for Ace of Stade
Parisian football club PSG, Canadian outerwear brand Nobis and Asian superstar Jay Chou have launched a collaboration, the “Ace of Stade” 3-in-1 Collector’s Set. According to the trio, the exclusive partnership combines ”a spectacular blend of fashion, football, and music in their one-of-a-kind jacket pairing.” According to Nobis, the collaboration ...
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News briefsUnder Armour opens two new stores in Italy with Oberalp
Oberalp Group, the exclusive distributor of Under Armour in Italy, has recently opened two new Under Armour stores in the country. There’s a new Under Armour Brand House at the new Merlata Bloom shopping mall near Milan since Nov. 15, with 140 sqm focusing on training, running and sportstyle. In ...
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News briefsNike’s new Tokyo store focuses on running
Nike has opened a new store in downtown Tokyo dedicated to serving the city’s running community. Nike Ginza features a Running Hub that serves the needs of local runners through a variety of services and programming, including trialing for the latest running silhouettes, Nike Run Club (NRC) Live training sessions, ...
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News briefsHyosung partners with Santoni and Tefron on seamless apparel
Sustainable textile solutions provider Hyosung is collaborating with two of the leading global seamless companies, Tefron and Santoni, to introduce a new generation of sustainable sportswear and seamless apparel made with its certified and multi-functional yarns. The three companies unveiled their collaborative product at ISPO Munich 2023. Santoni introduced its ...
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News briefsUvex subsidiary BSA to shut down, 190 jobs affected
German Uvex Group plans to close an independent Uvex subsidiary, B-S-A Gesellschaft für Kunststoffverarbeitung und -handel mbH (BSA), based in Obernzell, where bicycle, riding and winter sports helmets have been produced for 30 years, by the end of 2024. All 190 jobs are to be affected by the closure. Uvex ...
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Short stops
Short Stops Week 50, 2023
LEGAL & INSTITUTIONAL +++ World Triathlon has awarded the 2026 World Triathlon Multisport Championships to Abu Dhabi, while the 2027 edition will take place in Edmonton, Canada +++ The National Football League (NFL) has announced that a regular season game will be played at the Corinthians Arena in São Paulo, ...
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News briefsSafeSize wins “Startup of the Year“ award, recognized as Innovation & Disruption Leader
SafeSize was named Startup of the Year at the Startupper Awards 2023, an award for excellence in the Greek innovation and startup ecosystem. Angelos Stavrakis, founder and CEO of SafeSize, received the coveted award from the Deputy Minister of Digital Administration, Konstantinos Kyranakis, in recognition of the company’s remarkable international ...
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ArticleReebok is preparing a new digital sneaker
Reebok is working on a “digital shoe experience” called Reebok Impact, for release sometime next year. The product here is digital wearables for metaverse avatars – that is, NFTs on a blockchain. The teaser video, however, is promising that “the experiences you share” in the metaverse will “become the digital ...
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News briefsAbsolute Run opens in Brussels
On Dec. 7, 2023, the overall eleventh Absolute Run store was opened in Brussels in collaboration between Sport 2000 and its partner Jogging Plus. It is the second Belgian Absolute Run Jogging Plus store after Liège and is located in an attractive downtown location with 230 sqm of retail space ...
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Infographics & DataSportswear websites ranked by visitor age group
Which UK sportswear retailer website gets the most visits from Gen Z? What about Millennials? And which is the most popular sportswear retailer website for those over 65? Our infographic shows how online shopping tastes change with age.
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News briefsUgg removes "humane" claims after PETA’s cease and desist letter
Following PETA’s demand that Ugg stops assuring customers that the animals whose skin, down and wool were used for its products were treated humanely, the company has removed the misleading claims from its website. PETA pointed out earlier that it is standard practice in the meat industry to castrate and ...
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News briefsUK adopts Carney’s rules for women’s football
Through Culture Secretary Lucy Frazer, the UK government has accepted Karen Carney’s recommendations on the future of domestic women’s football. A former professional footballer and now a commentator on the sport, Carney accepted a commission from the government in September 2022, after the UEFA Euro, to conduct an independent review. ...
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News briefsGolden Goose enters the pádel game
Golden Goose has entered the market for pádel, according to Women’s Wear Daily, Fashion Network and La Gazzetta dello Sport. The sneaker brand is putting its stamp on a pádel club called Atlante Arena, the fruit of a partnership with Demetrio Albertini and Lorenzo Alfieri, who founded the City Padel ...
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News briefsRussian major marketplace kicks off sporting goods project
Source: megamarket.ru Konda footwear Megamarket, a marketplace developed by Russia’s biggest state bank Sberbank (formerly communicated as SberMegaMarket), has launched its sporting goods brand Konda. So far, it includes only five shoes for running, but the company promises to gradually expand the offered range. By the end ...
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News briefsAdidas moves in to Roblox
Adidas has entered another metaverse, Roblox, adding “licensed digital clothing and bespoke outfits” (UGC) to its marketplace. The brand struck a similar deal with The Sandbox exactly two years ago and is still listed as a partner on that metaverse’s YouTube page. Source: Adidas Adidas has, in ...
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ArticleRussia’s Sportmaster tests a new store format
The largest Russian sporting goods retailer, Sportmaster, plans to launch 250 stores in a mini format in towns with a population of up to 50,000 people. All mini-stores will be established exclusively under franchise agreements, as the company prefers not to waste resources on expansion into Russian provinces. The first ...
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News briefsSurf Expo announces diverse exhibitor list for January show
US-based trade show organizer Emerald announced that Surf Expo, returning to the Orange County Convention Center in Orlando, Florida, on Jan. 10-12, will feature a diverse lineup of more than 700 exhibitors. The list also includes nearly 100 new brands in the surf, bluewater, boutique, coastal gift, footwear, paddle, resort, ...
