All Sporting Goods Intelligence articles in Volume 34, Issue 5+6 – Page 4
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News briefsHow Nike is celebrating LeBron James
Nike’s marketing team score with their recognition of athlete’s unbelievable achievement
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ArticleMizuno lands improved results, record Q3 revenues
Mizuno, fueled by growth in its golf business and an improved business climate in Japan, has reported an implied 21 percent increase in third-quarter revenues to a record 48.2 billion yen (€332.6m) for the three months ended Dec. 31. Operating profit declined 16 percent to ¥2.1 billion (€14.5m) from ¥2.5 ...
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ArticleStarvie and Asics join forces, comment on pádel
As the Spanish press reports, racquet manufacturer Starvie has struck a sponsorship deal with Asics for its roster of professional pádel players, who as of this month will be competing in the Japanese brand’s apparel and shoes. Among these players are Bea González, Coki Nieto and Javi Garrido. Quoted in ...
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News briefsWhat the Adidas and Les Mills partnership is about
Adidas and Les Mills have joined forces to shape the future of training. The collaboration aims to offer adiClub’s 300 million plus members a personalized approach to fitness, both live and digital, as well as exclusive benefits and immersive experiences. The latest high-performance training apparel, footwear and accessories from Adidas ...
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News briefsUnder Armour and Volumental hope to improve shoe satisfaction
Under Armour is to beta-test a self-service version of the 3D foot scanners from Volumental in dedicated in-store, co-branded spaces. Designed for a shopper-led experience, the service will allow customers to take their own measurements and pinpoint the best-fitting model for their feet. A global rollout is planned for 2023 ...
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News briefsFIBO to increase space for wellness sector
At the coming FIBO trade show, taking place on April 13-16 in Cologne, the world of wellness and spas will get more space alongside the established big fitness industry players. A new meeting point spa & wellness in hall 8 will offer exhibition space as well as an agenda of ...
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News briefsHelly Hansen participates in International Ski Patrol Day celebration
For the second year, International Ski Patrol Day will be celebrated on Feb. 10 to honor the work of ski patrols around the world who work to ensure an open and safe skiing experience. Helly Hansen is participating in the day by collecting 5 percent of the proceeds from its ...
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News briefsDivestment of more brands from JD Sports to Frasers group
In the ongoing divestment of 15 of JD Sports’ non-core, U.K.-based fashion businesses to the Frasers Group, the transaction has been completed for five more brands: Tessuti, Scotts, Choice, Giulio and Cricket. The company expects to complete the divestment of Topgrade Sportswear later. According to JD Sports, Rascal Clothing Ltd. ...
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News briefsValencian firm aligns with PPA
Already the official court provider for the World Padel Tour (WPT), Padel Galis has struck a deal to become the first official supplier of courts and grass to the Professional Padel Association (PPA), according to CMDsport. The deal’s terms will give professional players a say in the official court’s design. ...
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ArticleVF Corp. takes action to improve performance, divesting pack brands
VF Corp. is vowing to take all necessary actions to improve its operating performance heading into its FY24
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News briefsSaucony turns 125 and celebrates with new release
Saucony is celebrating its 125th anniversary with the release of its “lightest, fastest and energy-efficient shoe.” Endrophin Elite Source: Saucony The Endorphin Elite combines PWRRUN HG foam with an articulated and forked carbon plate, an upper of knitted fabric and mesh, and a “race-ready” midfoot webbing. The ...
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ArticleDescente nine-month operating income jumps
Descente’s total sales increased by 12 percent to 86,099 million yen (€619.9m) in the nine-month period ended Dec. 31, 2022, leading to a 67 percent jump in operating profit to ¥7,300 million (€50.4m) versus ¥4,380 million. The net profit rose by 106 percent to ¥10,172 million (€70.2m). Besides its ...
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ArticleDeckers raises sales and earnings guidance after better-than-expected Q3
Deckers Brands raised its sales and earnings guidance for the full financial year after revenues in Q3 beat expectations for top line
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News briefsMoncler pushing "co-creator" element in its latest Genius event
This year will mark a redefinition of the Moncler Genius project, characterized by its evolution “from a world of fashion collaborations to a platform for co-creation across different industries,” the company said. Moncler will introduce this year’s roster of co-creators at The Art of Genius, a live show at the ...
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News briefsAmazon Q4 revenues top forecasts while profit decreases
Amazon posted net sales of $149 billion for its fourth quarter ended Dec. 31, 2022, for a 9 percent increase compared with the fourth quarter of 2021. Revenues topped forecasts and were driven by “a record-breaking holiday season,” the company said. As previously reported, the company expected net sales in ...
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ArticleUnderstanding the GPSR and what it could mean for EU businesses
Have you heard of the GPSR and do you know what it means for businesses in the EU? We explain the main points every brand needs to know
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News briefsAuthentic Brands Group partners with Global Citizen
Authentic Brands Group and Global Citizen, an international advocacy organization on a mission to end extreme poverty, have announced a multi-year alliance. The four-year partnership, described as “the first-of-its-kind for both companies,” will include the creation of an exclusive brand mark for consumer products, marketing activations, donation programs and more. ...
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News briefsParis 2024 sports director resigns for personal reasons
Jean-Philippe Gatien has resigned from his position as sports director of the Paris 2024 Olympic and Paralympic Games organizing committee. According to Insidethegames, which first reported the news on Jan. 27, Gatien stepped down due to “personal reasons.” Aurélie Merle, executive director of sports competition and deputy sports director on ...
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News briefsGermany and France imagine a “year of sport” at latest meeting
A Franco-German Council of Ministers celebrated the 60th anniversary of the Elysée Treaty in Paris on Jan 22 – a treaty of friendship between France and West Germany, signed by President Charles de Gaulle and Chancellor Konrad Adenauer on Jan 22, 1963 at the Élysée Palace. The recent Council of ...
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Case StudyHow Brooks running overcame pandemic pressures to become the biggest player in the business
Specialist running brand Brooks has clocked up sustained growth by focusing on comfort and using technology to hike shoe performance.