All Sporting Goods Intelligence articles in Volume 34, Issue 7+8 – Page 5
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News briefsFIFA Council approves 2022 annual report, highlights record revenues
The FIFA Council has approved the Annual Report 2022, which highlights the governing body’s record-breaking revenues of US$7.6 billion during the 2019-2022 cycle and the US$11 billion expected to be earned during the 2023-2026 period. The latest meeting of the FIFA Council was held via videoconference on Feb. 14. The ...
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News briefsNew Balance’s new store in Boston features innovative retail concept
New Balance has opened a new retail location at 124 Newbury Street in the U.S. city of Boston. The store’s retail concept is “built to put people, not products, at the center of the consumer experience,” said the brand. The store, designed around central seating, is supposed to encourage customers ...
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ArticlePuma gets ready to celebrate 75 years, in the real world and in the metaverse
On the occasion of its 75th anniversary, Puma has announced that it will celebrate its motto “Forever Faster“ – which is based on company founder Rudolf Dassler’s intention to give his athletes the agility and performance of a big cat – with various events. Dassler founded the “Puma Schuhfabrik Rudolf ...
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ArticleSuper Retail Group profit up 38% in H1
The Australian parent of the Rebel Sport, Boating Camping and Fishing (BCF) and Macpac chains reported a first-half profit of A$144.2 million (€107.0m) against A$110.8 million for the six months ended Dec. 31. Super Retail Group, which also owns the Supercheap Auto chain, recorded a 32 percent increase in first-half ...
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News briefsStrava adds a new role to its executive team
Source: Strava Anita Butler, Chief Design Officer Strava has announced the appointment of Anita Patwardhan Butler as its first-ever chief design officer (CDO). In this role, Butler will oversee all of Strava’s design and innovation aspects, including brand and marketing design, product design, research, and content design. ...
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ArticleFrance faces EU infringement procedure over Triman decree
The European Commission has opened an infringement procedure against France for its national “Triman” logo, a label informing that the respective product is the object of sorting rules (all you need to know about the Triman logo and its relevance for our industries, explained by our legal expert, can be ...
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News briefsDunlop Sports’ new international websites combine golf and racquet sports
Dunlop Sports’ new websites in the U.K./Europe, the U.S. and Australia combine its golf and racquet sports businesses. Dunlop is owned by Sumitomo Rubber Industries, a Japan-based tire and rubber company. In April 2022, Sumitomo added the Dunlop logo to the back of professional golfers’ headwear, thereby initiating the consolidation ...
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News briefsCanadian Tire's SportChek Q4 comps decline
SportChek, the retail segment of publicly traded Canadian Tire, suffered a 1.7 percent decline in Q4 comparable store sales due to lower outerwear sales and “higher promotional intensity” in its markets. The 375-door group, under several banners, posted a 1.9 percent increase in Q4 sales to C$637.9 million (€460.9m) from ...
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ArticleISPO Beijing 2023 with 50% increase in visitors compared to 2022
The message of ISPO Beijing, which took place Feb. 10-12, 2023, was clear: Trade shows are back – and the sports industry is booming, also and especially in China. 368 leading brands and 223 exhibitors attracted 37,623 trade visitors and sports enthusiasts to Beijing. According to organizers, the show celebrated ...
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News briefsRemondis and H&M launch joint venture to close the textile loop
The Remondis group, a service provider for recycling, water management and alternative fuels, and H&M have founded a new company, owned 50 percent each by the two partners. The new standalone venture Looper Textile Co. intends to collect, sort and sell used and unwanted garments and textiles. According to H&M, ...
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News briefsReebok Mexico teams up with sustainable designer
Reebok Mexico has collaborated with designer Mauro Garfias to create an upcycled collection that gives new life and function to once-recycled Reebok products. The collection debuted last week at the opening of Reebok Mexico’s headquarters in Mexico City.
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ArticleMilan-Cortina 2026 sustainable on paper only?
According to the International Commission for the Protection of the Alps (CIPRA), the 2026 Winter Olympics are at risk of becoming a financial and ecological fiasco. In fact, Milan-Cortina 2026 was supposed to be the first Winter Olympics truly committed to sustainability. And the IOC’s sustainability strategy also contains many ...
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ArticleCrocs brand gains traction in EU; Heydude prepares for expanded distribution
Coming off a year when global revenues rose by nearly 54 percent to more than $3.5 billion and adjusted operating margin hit 28 percent, Crocs continues to see markets outside the U.S., including Europe, as important growth vehicles for both of its brands. In Q4, Crocs brand sales rose 75.6 ...
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