All Sporting Goods Intelligence articles in Volume 34, Issue 9+10 – Page 5
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News briefsAtom selling 50% abroad in its first year
Atom ended its first year of operation with €2.4 million in sales, according to Diffusion Sport, which spoke with the running-shoe brand’s sales director, Antonio Sáenz, at last month’s Micam show. Half of the total consists of export sales, particularly in the U.S., Canada and Mexico, with the Czech Republic, ...
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News briefsJoma enjoys record 2022, remains prudent on 2023
Joma, the Spanish brand with headquarters in Toledo and a historical focus on running, football and tennis, was present as usual at the recent Micam footwear show, which ran on Feb. 19-22 in Milan. Alessandro Annibale, sales director of its Italian subsidiary, was on hand to meet with local retailers ...
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News briefsOn launches a collection for “young movers”
Swiss running brand On has launched its first-ever footwear collection for kids and pre-teens. Inspired by the brand’s best-selling performance shoes, the new Cloud Play and Cloud Sky feature various biometric-informed features, including a combined velcro and lace closure system and a fortified toe cap for durability. Gérald Marolf, head ...
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News briefsZalando hires head of retail from Nike
Benjamin Wolf, who served as Nike’s director of retail operations from March 2019 to January 2023, posted on LinkedIn that he has joined Zalando as head of retail, effective immediately. In total, Wolf spent roughly 15.5 years at Nike. On social media, he commented on the new job at the ...
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News briefsSnipes adds GM Europe to management team
The CMO who has just left 11teamsports, Dennis Schröder, will take over the position of general manager Europe at sneaker specialist Snipes from May 1, 2023, supporting founder and CEO Sven Voth in the day-to-day operations. In addition to Voth, CFO Tim Spickenbom and COO Peter Buse are also part ...
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ArticleGrupo SBF’s star segment in FY22 is Fisia
Grupo SBF, the operator of Brazil’s top sporting goods chain in Centauro that became the country’s exclusive distributor of Nike in Dec. 2020, reported a 16 percent decline in Q4 adjusted Ebitda to 226.6 million Brazilian reais (€42.3m) for the period ended Dec. 31. Gross margin fell to 47.6 percent ...
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ArticleVulcabras’ momentum in athletic footwear persists
Vulcabras’ Ebitda increased by 47 percent to 176.6 million Brazilian reais (€40.0m) in the final period of FY22. Gross margin improved by 220 basis points to 38.3 percent from 36.1 percent as net income came in at R$214.3 million (€40.0m). Quarterly net revenues were 19.2 percent higher year-over-year to ...
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News briefs
GRI initiates process for new reporting standard for textile sector
The Global Reporting Initiative (GRI) has announced a new sector to be added to its existing standards: Textiles and Apparel. The new GRI Textiles and Apparel Standard sets out to apply to any organization with a primary focus on textile and apparel production and manufacturing, but also brands, retailers, and ...
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News briefsYKK with new company logo and more
Japanese accessories specialist YKK has introduced its new corporate logo and brand motto. The company has gone through a restructuring of its business in April 2021, sharpening its focus on the fastening business, which includes zippers, snaps and buttons. According to the company, a website dedicated to the new corporate ...
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News briefsTerms of reference for Cotance project to align leather traceability signed
The Cotance initiative to align leather traceability systems has been taking shape since its inception in Sept. 2022. In monthly meetings, key leather-related certification system operators and interested CEN TC 289 standardization experts have been preparing to define minimum traceability standards and mandatory verification evidence together with the Cotance secretariat. ...
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ArticlePuma CEO Arne Freundt: “We are hungry”
Alongside Puma’s positive 2022 figures, we bring you CEO Arne Freundt’s renewed strategy for growth, as told at Puma HQ on March 1, 2023
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News briefs“She’s back”: Puma announces renewed collab with Rihanna
Puma announced the return of its partnership with singer and businesswoman Rihanna and her Fenty brand with an innovative two-word statement: “She’s back.” The message was shared via a post on Puma’s Instagram page. Fenty x Puma Rihanna first signed a multi-year partnership with Puma in 2014 to ...
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