All Sporting Goods Intelligence articles in Volume 35, Issue 13+14 – Page 3
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News briefsPuma pairs with anime
Puma has struck a licensing deal with an anime series, One Piece, and thus presumably with some combination of the Japanese manga artist Eiichiro Oda, the Japanese publishing company Shueisha and the Japanese animation studio Toei Animation, part of the Toei Company. One Piece was recently adapted for live action ...
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News briefsOn sets sail: Partnering with Alinghi Red Bull Racing
Introducing Cloudregatta, engineered for the open sea.
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News briefsRevelyst acquires PinSeeker
Revelyst, the outdoor product segment of Vista Outdoor Inc. that will become a stand-alone public company later this year, has finalized its acquisition of PinSeeker, a leading simulator off-course golf and connectivity app previously under the Wasserman portfolio. “The PinSeeker team is thrilled to begin our next chapter as part ...
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News briefsJordan Brand’s World Of Flight opens in Beijing, unveiling exclusive collection
Source: Jordan Brand Jordan Brand’s World Of Flight retail concept has landed in China, marking its inaugural debut in Beijing’s Sanlitun district. This new location will serve as the exclusive launch site for the ”Jordan Wings” collection, initially introduced in March and available solely in the Greater ...
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News briefsAuthentic Brands Group nearing deal for Boardriders brands in Europe
Authentic Brands Group is on the verge of finalizing a partnership deal for the Boardriders brands in Europe.
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News briefsLululemon opens up store in Stockholm
Canadian yoga and fitness brand Lululemon is set to open its doors at a new store on Biblioteksgatan 9 in Stockholm – in a property that has been rebuilt after a fire in 2017. “We are thrilled to welcome Lululemon to our rebuilt property in Bibliotekstan. The brand will bring ...
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News briefsIllegal profits from forced labor rose 37% since 2014, ILO report finds
Forced labor in the private economy generates US$236 billion in illegal profits per year, according to a new study from the International Labour Organization (ILO). The total amount of illegal profits from forced labor has risen by 37 percent since 2014, fueled by a growth in the number of people ...
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News briefsStrong B2B growth, product mix fuel growth for Technogym
Bolstered by double-digit sales increases across all segments of its B2B (commercial) business, Technogym reported record FY23 revenues of €808 million, up 12 percent year-over-year, and record adjusted Ebitda to €152 million for the 12 months ended Dec. 31. Annual operating income grew more than 17 percent to €97.4 million ...
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News briefsLenzing announces concept to support sustainable glacier protection
The Lenzing Group has announced an innovative concept that is meant to contribute to the sustainable protection of our glaciers while inspiring a circular economy in the nonwovens and textile value chain. Geotextiles are used to protect ice and snow from melting due to global warming. However, the nonwovens ...
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News briefsPuma unveils Jamaican Olympic kits
Puma has unveiled the Jamaican Olympic Association kits at the ISSA Boys & Girls Championships in Kingston, Jamaica. “In their truest form, these kits are an expression of speed. Speed has always been Puma’s vantage point. It is what enables us to see the game differently, challenge convention, and create ...
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News briefsA new women’s pro golf tour in the UK
Sarah and Adam Walker are launching the Ladies Pro Series, a new tour in the UK that aims to increase the professional playing opportunities for female golfers. Ladies Pro Series is open to female professional golfers paired with an amateur (male or female) with a maximum playing handicap of 28 ...
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News briefsAllbirds announces new international distribution deals
Global lifestyle brand Allbirds has announced definitive agreements with distributors in the Gulf Countries and Southeast Asia. Alyasra Fashion will be the exclusive Allbirds distributor in the Gulf countries while The Primer Group of Companies will distribute Allbirds’s products across Malaysia, Singapore, Indonesia and the Philippines. Alyasra Fashion is a ...
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News briefsHe will lead Nike’s design team
Nike has announced the appointment of Tim Hamilton, former creative Head at The North Face, to lead its design team. Hamilton shared his excitement about the new role on LinkedIn: “After five-plus years of leading global creative at The North Face, I am thrilled to announce my next chapter at ...
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ArticleNike addresses backlash over England kit for Euro 2024
Nike has responded to the widespread criticism surrounding its controversial England kit design for the upcoming Euro 2024 tournament. The kit modification notably alters England’s traditional St. George’s flag, replacing the customary red and white hues with a combination of red, purple, black, and a purple cross. British Prime Minister ...
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ArticleMetamorfish makes customization infinite: “Everyone saw it as science fiction”
The problem with a bad fit could soon be over. Metamorfish has created a material with infinite customization possibilities.
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News briefsJP Morgan forms new sports-focused investment division
Global financial firm JP Morgan Chase has set up a new “sports investment banking coverage group” to advise clients in an increasingly lucrative industry, according to an internal memo seen by Reuters. The new team will be co-led by Eric Menell, Managing Director, co-Head of North American Media Investment Banking ...
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News briefsStella Intl. increases FY operating profit despite lower sales
Hong Kong-based Stella Intl. reported a 15 percent improvement in year-over-year operating profit to $152.0 million after changes in fair value of financial instruments. Annual Ebit rose by 21 percent to $161.3 million from $133.2 million and FY profit increased by 20 percent to $140.3 million. Stella’s annual revenues contracted ...
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News briefsWahoo appoints former Mercedes-Benz executive as CEO
Atlanta, Georgia-based exercise equipment manufacturer Wahoo Fitness has announced the appointment of Gareth Joyce as the company’s new Chief Executive Officer and a member of the Board of Directors. Joyce joins Wahoo from Proterra, Inc., where he also served as CEO. Prior to Proterra, he was responsible for one ...
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News briefsXXL completes €43 million share issue amid growth expectations
Norwegian sports retailer XXL has completed a targeted new share issue of 500 million Norwegian kronor (€43 million), according to a press release. The subscription price was set at 0.70 Norwegian kronor (€0.06), which aligns with the latest closing price. Among the buyers are venture capital firms Altor, Ferd, and ...
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News briefsOn Holding set to make Hong Kong debut amidst Asia-Pacific surge
Swiss sportswear brand On Holding is gearing up to establish its inaugural store in Hong Kong, marking its debut in the vibrant shopping scene of Greater China. The company, backed by tennis legend Roger Federer, has secured a prime spot spanning 3,000 square feet at H Queen’s, a prominent structure ...
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