All Sporting Goods Intelligence articles in Volume 35, Issue 7+8 – Page 6
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ArticleNorth-South gap persists in sports participation in Italy, says new report
Physically inactive people in Italy, who neither play sports nor participate in physical activity in their spare time, were 39.1 percent of the population in 2022, up from 34.8 percent in 2021, according to a new report titled “Gli Italiani e lo Sport” (tr.: “Italians and Sports”). Physical inactivity rates ...
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News briefsSkechers celebrates dismissal of shareholder lawsuit by Delaware Court
Skechers USA. Inc. has announced that the Delaware Chancery Court has dismissed with prejudice the shareholder derivative lawsuit filed on July 21, 2022, against all current and former members of the Skechers Board of Directors named as defendants. The Court’s decision to dismiss the action with prejudice was met with ...
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News briefsThis is what the official 2023/24 UWCL ball will look like
Adidas has unveiled the UEFA Women’s Champions League Pro ball, named Bilbao. This official match ball will grace the next UWCL, drawing inspiration from the city of Bilbao and its disruptive urban geometries. The traditional star pattern incorporates iconic shapes from Bilbao’s architecture and motifs from the San Mamés stadium, ...
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News briefsBidding war begins for French National football team kit sponsorship
Nike’s deal with French Football Federation ends in 2026, and the bidding war has begun to supply a kit to “Les Bleus.”
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News briefsAdidas partners with neuroscientists to examine pressure in sports
Adidas is stepping up to help athletes navigate high-pressure moments in sports. The company has teamed up with sports neuroscientists at Neuro11 to understand how pressure affects players of football, basketball and golf during critical moments like penalty shootouts, clutch putts and must-make free throws. Adidas athletes Emiliano Martínez, Ludvig ...
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ArticleAlpargatas’ write-offs impact Q4 Ebitda, adjusted gross margins
Write-offs of 64 million Brazilian reais (€12.0m) in raw materials and finished goods affected Q4 adjusted Ebidta at Alpargatas. The Brazilian footwear group ramped up its capital discipline in the latter months of 2023 because of a “significant reduction” in sell-ins, itself due to high levels of inventory at retail. ...
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News briefsWilson debuts 3D-printed airless basketball that “nearly fits” regulation
Who says a basketball has to be basic? Wilson just dropped a limited edition of the Airless Gen1 basketball, based on a prototype that doesn’t need inflating. The retail version has seen some tweaks and “nearly fits” regulation basketball standards for weight, size and bounce. “We knew it was time ...
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News briefsPuma appoints new Senior Director of Global Brand Strategy
Puma has relocated its global brand management team and as a part of that, they have appointed a new Senior Director. And she brings a lot of routine to the team.
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ArticleXXL promises Ebitda improvements amid cost-cutting
Norwegian retailer XXL ASA, in reporting weak Q4 and FY 2023 results, said it will continue to implement its “Reset & Rethink” strategy this year to deliver Ebitda improvement of 500-750 million Norwegian kroner (€43.9–65.8m) over the next 12 to 18 months. The effort will focus on a continued consolidation ...
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News briefsOlympique Lyonnais extends partnership with Adidas
The French team Olympique Lyonnais has extended its agreement with Adidas, securing a kit supplier through the 2028/29 season. Adidas will be supplying the club’s men’s, women’s and age-grade teams as well as its academy teams. The partnership between OL and Adidas began in 2010, when the German brand replaced ...
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ArticleGoPro’s retail strategy ahead of plan despite Q4, FY losses
GoPro is increasing its retail presence and product range while ramping up its brand exposure at global sporting events, despite reporting Q4 and FY 2023 operating losses and declines in revenues. Ten months since launching a multi-year growth strategy, the group says it can count on some wins despite the ...
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News briefsRecord UK viewership for women’s sports in 2023
A historic surge in viewership for women’s sports on linear TV swept across the United Kingdom in 2023, according to a report by the Women’s Sport Trust. The report reveals that audience numbers for female athletics reached an all-time high. A staggering total of 46.7 million individuals tuned in to ...
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News briefsPerfect Moment announces pricing for IPO
London-based luxury lifestyle brand Perfect Moment Ltd. has announced the pricing of its initial public offering of 1,334,000 ordinary shares at a price of $6.00 per share. This represents gross proceeds of approximately $8 million before deducting underwriting discounts and offering expenses. In addition, Perfect Moment, a provider of technical ...
