All Sporting Goods Intelligence articles in Volume 34, Issue 7+8
View all stories from this issue.
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Case StudyHow Snipes’ unique retail experience helped the brand open nearly 700 stores worldwide
Snipes often describes itself as an “entertainment event company with a bit of retail.” Find out why, and read more on its shop philosophy
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C-Suite InterviewSteve Evers: “We’re asking the industry to take some additional risks”
Intersport CEO Steve Evers discusses business models, his successes and concerns, and why Intersport is putting pressure on the industry.
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ArticleAcushnet FY22 sales rise by double digits in all categories
Acushnet Holdings Corp., after exceeding the low-end of its annual revenue and Ebitda range forecasts for FY22, has established consolidated net sales guidance of $2,325 to $2,375 million for FY23, a growth range of 2.0 to 7.9 percent year-over-year, and an adjusted Ebitda range of $345 to $365 million. Senior ...
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PDF NewsletterSGI Europe Executive Edition: Vol 34 - 7+8
Puma eyes more gains after record FY22 | Evolving Wolverine Worldwide forecasts meaningful profit progress in H2 | Moncler Q4 sales top €1 billion threshold | Is ABG buying Boardriders? | Nike tops global retailers list among sports retailers | Garmin operating income dips in Q4, eyes $5 billion in FY23 sales | Crocs brand gains traction in EU; Heydude prepares for expanded distribution | Super Retail Group profit up 38% in H1 | Acushnet FY22 sales rise by double digits in all categories | Brooks’ success builds on connection with runners worldwide | Elevate Outdoor Collective appoints chief operations officer | Kim Scholze appointed to Sympatex’ executive board | Sportmaster rejects takeover of former Russian Decathlon chain | Puma gets ready to celebrate 75 years, in the real world and in the metaverse | ISPO Beijing 2023 with 50% increase in visitors compared to 2022
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ArticleMoncler Q4 sales top €1 billion threshold
Moncler’s sales in the fourth quarter of 2022 increased by 19 percent at constant currency rates to €1,046.3 million and pushed 67 percent above their level in the same quarter of 2019, ahead of the Covid-19 pandemic. The strong fourth quarter sales performance led full-year sales to €2,602.9 million, up ...
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News briefsGolfers' spending in the UK increased 20% from 2014 to 2019
According to an independent report by Sheffield Hallam University’s Sport Industry Research Centre (SIRC), funded by The R&A, consumer spending on golf grew 20 percent in current prices from 2014 to 2019, which is real terms growth of 8 percent after accounting for inflation. The U.K. golf industry employs 63,826 ...
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News briefs11teamsports with new CEO
Ralf Fäßler is the new CEO of 11teamsports, the leading team sports specialist in Europe for products and team services, especially for amateur teams, founded in 2007 in Germany. He is taking over the operational duties of 11teamsports founder and previous CEO Oliver Schwerin, effective March 1. With the handover ...
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News briefsFrench Football Federation president resigns
French Football Federation (FFF) president Noel le Graet has resigned. The 81-year-old executive stepped down in January while an audit was being carried out into the federation by the Ministry of Sports following accusations of sexual harassment, with vice-president Philippe Diallo named in the meantime as acting interim chairman. The ...
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ArticleFila celebrates 50 years in tennis and launches new junior tournament
Fila has announced a series of on-site activities and activations at the 2023 Indian Wells Masters in Southern California, also known as BNP Paribas Open, on March 6-19. Fans attending the event will experience the brand’s 50 years in tennis and the evolution of its style since 1973. Archival outfits ...
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News briefsSpanish bike-rental company has big plans
Rookfy, a bicycle-rental platform in Spain, enjoyed a satisfactory debut last year, according to chief technology officer Santiago Alonso, who spoke with CMDsport. The young company has recently added the retailer Escapa to its marketplace and joined the Spanish Association of Brands and Bicycles (Ambe). In an interview with Joanseguidor.com, ...
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News briefsPuma awarded Universal Fair Pay Developer status
Ahead of International Women’s Day on March 3, an independent analysis has confirmed that Puma has closed the adjusted pay gap between male and female employees in Germany. The results, certified by the FPI Fair Pay Innovation Lab, make Puma the second company in Germany to receive the title “Universal ...
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News briefsPolar shares fitness algorithms with partners, first collab with Casio
Polar announced a groundbreaking move in the wearables industry, with the Finnish fitness software and product provider making its fitness algorithms available to partners. Polar has led the industry for nearly 50 years, maintaining a gold standard in heart rate measurement technology. Polar’s current professional solutions offered to partners provide ...
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ArticleLatest Flip Sneakerchase network investigation: Tracking down Zalando
Zalando has responded to recent stories questioning the figures it uses to publicise how the company deals with returns, during its annual press conference on 7 March. In Feb. 2023, the Flip investigative team (who also initiated the GPS-tracked Sneakerjagd, or sneaker chase) published the outcome of its latest project, ...
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ArticlePuma eyes more gains after record FY22
Under new CEO Arne Freundt, Puma has established numerous brand and company priorities for 2023 after reporting record annual sales and Ebit in FY22. While forecasting a “normalization” of market conditions in the U.S. and China this year, the group predicts high-single-digit revenue growth and an Ebit range of €590 ...
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News briefsDecathlon Spain dominates in mountain sports
When it comes to e-commerce in mountain sporting goods Decathlon reigns supreme in Spain. Drawing from Google analytics and data gathered by the SEO company Sistrix, CMDsport has evaluated the performance of the country’s top e-tailers with a list of 32 best-selling product types, such as tents, skis, ski boots, ...
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ArticleIOC continues to support Ukrainian athletes in run-up to next Olympics
The International Olympic Committee (IOC) continues its strong efforts to support Ukrainian athletes. The $7.5 million Solidarity Fund will help them prepare for the Paris 2024 Olympics and the Milan Cortina 2026 Winter Olympics. So far, some 3,000 Ukrainian athletes and coaches have benefited from this support and direct assistance ...
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ArticleElevate Outdoor Collective appoints chief operations officer
Source: Elevate Outdoor Collective Josee Larocque Executive appointments continue at Elevate Outdoor Collective (EOC) following the group’s rebranding in 2022. Effective immediately, Josee Larocque is the company’s new chief operations officer, leading global operations from manufacturing to distribution. As a key member of the leadership team, she ...
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News briefsUmbro launches undyed unisex collection
Source: Umbro Umbro Undyed U.K.-based brand Umbro has launched a new collection made with undyed and environmentally conscious fabrics. The “Umbro Undyed” styles are unisex and casual and feature a clean, minimalistic aesthetic. The fabrics are either 100 percent cotton or blends from eco-cotton and recycled polyester. ...
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News briefsOrthoLite reaches brand partner milestone
OrthoLite®, the manufacturer and provider of insoles and material solutions for footwear for more than 25 years, is celebrating a major milestone by welcoming its 500th footwear brand partner. OrthoLite insoles are now found in more than 550 million pairs of shoes each year across all categories – athletic, running, ...
