All Sporting Goods Intelligence articles in Volume 35, Issue 5+6 – Page 5
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News briefs
Two Ten Footwear Foundation names new Board Chair and Vice Chair
US nonprofit Two Ten Footwear Foundation, which has been supporting the interests of employees in the US footwear industry since the 1930s, announced its new Board Chair and Vice Chair at the foundation’s Board of Directors meeting last month. Joe Preston, President & CEO of New Balance, succeeds David Kahan, ...
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News briefs
Nike sues Global Heartbreak over Air Jordan imitations
Nike has filed a lawsuit in New Jersey District Court against Global Heartbreak and its founder Naadier Riles for trademark infringement of the Air Jordan 1 High. According to the complaint, the defendant copied Nike’s silhouette and outsole design and replaced the branding with his own. Riles allegedly admitted that ...
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News briefs
New CSR Manager at Sport Conrad
Source: Sport Conrad Maria Ries The German multichannel sports retailer Sport Conrad has appointed Maria Ries to the position of CSR Manager on Jan. 1, 2024. She takes over from Stefanie Buchacher, who has played a key role in shaping the company’s sustainability strategy over the past ...
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Article
Hela Apparel acquires UK-based Focus Brands from JD Sports
Sri Lanka’s Hela Apparel Holdings Plc announced on its LinkedIn page the acquisition of UK-based apparel brand licensing house Focus Brands. “This marks another major milestone in our journey towards becoming a truly comprehensive solution provider for the apparel sector and will further elevate Hela’s service offering to its customers,” ...
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Short stops
Short Stops Week 05, 2024
PRODUCT & MARKETING +++ CorteSport, a British producer of custom courts, has signed a sponsorship deal with Aimee Gibson, a top-15 women’s tennis player in the UK who switched to pádel in 2022 and is currently the top women’s player in the Lawn Tennis Association (LTA) ranking and number 253 ...
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News briefs
Adidas and Malbon create Crosby collection
Source: Adidas Adidas x Malbon Crosby Collection Adidas and Malbon Golf have unveiled the Crosby Collection, inspired by the iconic American entertainer Bing Crosby. The timing of the release is also highly strategic, as Crosby initiated the Crosby Clambake in 1937, an annual event that brought together ...
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News briefs
Swedemount successfully confirms reconstruction plan approval
Swedemount Sportswear & Fashion AB has successfully had a reconstruction plan approved. The majority of Swedemount’s suppliers and groups of creditors voted to confirm the reconstruction plan. Johan Andgren, the Swedish company’s CEO, expresses gratitude to nearly all creditors who have supported them throughout the reconstruction plan. Andgren attributes the ...
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News briefs
ASRV and Hyosung collaborate with tech-fabric
Source: ASRV/Hyosung California-based ASRV, known for using advanced textiles to enhance consumer lifestyles, has once again embraced innovation for this year’s winter season. This time, they’ve incorporated Creora Aerosilver technology, developed by South Korea-based sustainable textile solutions provider Hyosung. Creora Aerosilver is a polyester yarn infused with ...
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News briefs
Surge in shoplifting hits England
Shoplifting offenses are on the rise across England and Wales, reaching a 20-year high, as reported by the Office for National Statistics (ONS). Police recorded over 400,000 incidents in 2023 up to September, marking a 32-percent increase from the previous year. Retailers in England and Wales are grappling with a ...
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Article
Intersport Germany continues to grow in 22/23
Source: Intersport Deutschland eG Alexander von Preen With sales of €3.5 billion in the 2022/2023 financial year, Intersport Germany, with over 1,400 associated doors, is building on the record sales figure of the previous year, when it exceeded the €3 billion sales mark for the first time. ...
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Article
Sport 2000 GmbH with stable development in 2023
The consolidated gross external sales of the Sport 2000 5-country network amounted to €2.95 billion in Germany in 2023. The purchasing network comprising Germany, Switzerland, Belgium, the Netherlands and Luxembourg amounted to €4.03 billion. Due to restrained order behavior and the insolvency of some sports retailers, the purchasing volume fell ...
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News briefs
Sports Direct buys former M&S Liverpool building
Frasers Group, the owner of Sports Direct, has acquired the former Marks & Spencer store in Liverpool as part of its strategy to own the properties it occupies. The acquisition involves obtaining the long leasehold of Compton House on Church Street. The process of transforming the M&S store into a ...
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News briefs
New basketball made from next-gen material
Known for their distinctive footwear, New York-based vegan lifestyle menswear brand Brave GentleMan is making waves in the sporting world by introducing a basketball. This marks the first instance of a basketball crafted from the bio-based material Mirum, a collaborative effort with the New York Knicks and Leather Head Sports. ...
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News briefs
J.Lindeberg outfits US golf teams at Paris Olympics
During the upcoming Olympic Games in Paris, France, this summer, the US men and women golf teams will don apparel from a non-American brand, Swedish J.Lindeberg. The unveiling of the athletes’ outfits took place at the PGA Show in Orlando, Florida. The clothing line is crafted using innovative fabrics such ...
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News briefs
JD Worldwide opens fashion warehouse in Paris
JD Worldwide has announced plans to open its first warehouse for fashion goods in Paris, France. This initiative is key in fulfilling the company’s cross-border e-commerce strategy, aiming to bring more European brands into the Chinese market by offering efficient solutions. The warehouse will be located in Val-d’Oise and exclusively ...
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News briefs
Swedish sports retail sees eighth straight quarterly decline
Despite a snowy kick-off to the winter season, the sports retail sector in Sweden did not manage to post positive figures during the fourth quarter of 2024. While the snow provided a significant boost, sales declined by 0.4 percent. This marks the eighth consecutive quarter of negative trends in the ...
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News briefs
Burton receives B Corp recertification
Burton has announced its successful recertification as a Certified B Corporation, a widely recognized accolade that sets the gold standard for businesses committed to making a positive impact. To maintain its B Corp certification, Burton undergoes a thorough B Impact Assessment process every three years. This assessment evaluates various aspects, ...
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