All Sporting Goods Intelligence articles in Volume 34, Issue 49+50 – Page 3
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ArticleSurface-analysis company gets a funding boost
Raw Stadia, a Belgo-British company that produces a computer system for the analysis of natural playing surfaces, has raised €1.5 million in a funding round from such investors as LRM, Noshaq, LeanSquare, the former footballer Jan Vertonghen and the entrepreneur Bart Claes, CEO of JBC. According to Raw Stadia’s co-founder ...
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News briefsAlibaba invests another $630m in Lazada
China’s Alibaba Group Holding has invested an additional $634 million into Singapore-based e-commerce subsidiary Lazada to drive additional growth and compete against TikTok and others in the Southeast Asian market. TikTok, which is owned by Chinese technology group ByteDance, has announced that it will acquire a 75 percent stake in ...
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ArticleAsics sells outdoor subsidiary to Chinese investor
Hong Kong-based venture capital firm LionRock Capital acquired the Swedish outdoor brand Haglöfs from Japanese sports manufacturer Asics on Dec. 18, 2023. “Asics has been a supportive and actively involved partner, providing invaluable assistance throughout our journey together. We are thrilled to start a new chapter with LionRock as ...
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Short stops
Short Stops Week 51, 2023
EXECUTIVE CHANGES +++ US activewear brand Vuori has hired former Levi Strauss CMO Karen Riley-Grant as Chief Marketing Officer, effective Jan. 22, 2024 +++ Following the resignation of CFO and Company Secretary Jessica Moelands, effective Dec. 31, Globe International has promoted Samantha Cook to Company Secretary and appointed Karen ...
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News briefsSportsShoes.com expands marketing and design teams
UK online retailer SportsShoes.com has announced 10 new appointments to its brand marketing, social media and design teams to support its continued growth and development strategy. Maryse Haynes is joining the company as Marketing Coordinator from sports and mountain apparel brand Inov-8, where she was Head of Marketing. She previously ...
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ArticleA year in review for padel
Source: Playtomic Global Padel Report 2023 Monitor Deloitte and Playtomic have released their second annual Global Pádel Report, available online, and the results are rosy. Some predictions The report considers that the post-Covid boom is over and that the “surge” in club and court constriction has continued. ...
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ArticleCarolina Core: First MLS Next Pro club not to sign with Adidas
Carolina Core is the first football club in the US Major Soccer League (MLS) Next Pro not to be kitted out by Adidas. Adidas was, to this date, the sole supplier for all clubs due to an agreement with the MLS. Now, almost 30 years after the MLS was founded ...
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News briefsNils Hult leaves Madshus
Referring to an internal message of Elevate Outdoor Collective (EOC), the Norwegian industry magazine sportsbransjen.no has reported that Nils Hult is leaving Madshus, the Norwegian brand specializing in cross-country skiing products within EOC, founded in 1906. “The functions that Nils Hult held have been absorbed by the structural changes and ...
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ArticleZeal Optics introduces Re-Shred recycled goggle initiative
Colorado-based Zeal Optics has introduced the Re-Shred Goggle Initiative, a comprehensive commitment to winter sports goggles with a minimum of 70 percent recycled content in all goggle frames and straps under the motto “Reduce. Reuse. Re-Shred.” “As a brand rooted in a love of the outdoors, we believe that every ...
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News briefsNew HR Director at Adidas
The Supervisory Board of Adidas has appointed Michelle Robertson as a member of its Executive Board, responsible for Global Human Resources, People and Culture, effective Jan. 1, 2024. The British national has held various HR positions at Adidas and previously at Reebok for over 18 years. Since July 2023, she ...
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News briefsCincinnati Athletics partners with Nike through 2029
The University of Cincinnati Athletics announced a direct multi-year agreement with Nike, beginning in 2025 and running through 2029, to outfit its athletic teams, called the Cincinnati Bearcats, with Nike-supplied jerseys, footwear, and other accessories. The Cincinnati Athletics teams will also continue to wear the Nike and Jordan brand logos ...
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News briefsGlobal skateboard market to grow at a CAGR of 3.5% to 2030
The global skateboard market size is expected to reach $4.25 billion by 2030, marking a compound annual growth rate (CAGR) of 3.5 percent from 2023 to 2030, according to a new study by Research and Markets. Growth is fueled by an increasing interest in newer sports and an inclination toward ...
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News briefsThe WTA separates the roles of Chairman and CEO
The Women’s Tennis Association (WTA) has announced a further revision to its structure that will imply a separation of the Chairman and CEO roles. An additional new leader will, therefore, assume the role of CEO of the organization, responsible for managing and growing the operations of the WTA and its ...
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News briefsUK Athletics has a new president
UK Athletics has announced the election of former Olympic heptathlon champion Dame Denise Lewis as the organization’s new president. Lewis takes over from Jason Gardener, who has held the role since 2015. Lewis won a gold medal at the 2000 Sydney Olympics after winning bronze at Atlanta 1996. Since retiring ...
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News briefsWilson Golf introduces AI-powered club fitting technology
Wilson is launching Fit AI, an innovative technology that uses artificial intelligence and is “set to change the future of golf club fitting,” the brand said. The technology combines Wilson’s “black box algorithm” with Blast Motion’s motion analysis technology. Wilson Fit AI is a mobile app-based fitting solution that integrates ...
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ArticleArena has become a Benefit Corporation
Arena has changed the legal status of its parent company in Italy to a Società Benefit, a purpose-driven corporate model known worldwide as “Benefit Corporation.” The transition was made with the support of Italy-based NATIVA - Regenerative Design Company, which supports companies in a radical evolution towards regenerative economic models. ...
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News briefsSportFits joins Sport 2000
The southern German outdoor and winter sports online retailer SportFits (TouriSpo GmbH & Co. KG) has joined the Sport 2000 network. The new partnership strengthens Sport 2000’s position in e-commerce and emphasizes its commitment to digital innovation in sports retail. SportFits recently moved into the modern company headquarters in Salzweg ...
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News briefsAlpargatas hires Mondelez exec as CEO
Liel Miranda, CEO of Mondelez International’s Brazil business unit since 2019, will join the publicly traded Brazilian footwear company Alpargatas as CEO on Feb. 1, 2024. He will replace the group’s interim CEO Luiz Fernando Edmond, who will remain a member of the company’s Board of Directors.
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News briefsInditex sales increase 14.9% in first 9 months at constant exchange rates
In the nine months to Oct. 31, the sales of Inditex, the Spanish parent company of several fast fashion brands including Zara and Massimo Dutti, grew by 11.1 percent to €25.6 billion, showing “very satisfactory” development both in stores and online, the Spanish fashion fast group said in a statement. ...
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