All Sporting Goods Intelligence articles in Volume 35, Issue 9+10 – Page 3
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Article
A new player emerges in the Russian sporting goods market
Stadion, a company recently registered to sell sporting goods and athletic apparel in Russia, targets to start opening its first brick-and-mortar stores in 2024. Analysts believe that the declared plans mean that the Russian market is still in the transition phase. At the end of 2023, the Russian state ...
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News briefs
Reebok expands into eyewear market
Authentic Brands Group announced a new collaboration with eyewear manufacturer and distributor Mondottica Group for Reebok. Under the partnership, Mondottica will handle the design, production and distribution of Reebok-branded eyewear and sunglass products for all ages. “Through our partnership with Mondottica Group, we’re expanding the Reebok brand into the realm ...
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News briefs
Adidas opens Home Of Sport concept store in Mumbai
Adidas has opened a Home Of Sport concept store in Mumbai on Linking Road with a retail space of 585 sqm over four floors, according to LinkedIn. The store has the first ever “Run Lab” in India, offers a “Made for you” zone where customers can co-create designs in collaboration ...
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Article
Moncler Group’s FY23 Ebit increases by 15 percent
In its 10th year as a public company, Moncler Group, the Milan-based luxury group generated 15 percent Ebit growth to €893.8 million from €774.5 million on a 15 percent consolidated revenue increase to €2.98 billion from €2.6 billion.
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News briefs
Agassi joins another pickleball board
Life Time, a publicly traded holding company for athletic and country clubs and related services, has made Andre Agassi the first Chairman of its new Pickleball and Tennis Board. Company Chairman and CEO Bahram Akradi will serve on the board alongside Agassi as Co-Chairman. Source: Life Time ...
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News briefs
Asics drops new Metaspeed models
Asics has launched two new models in the flagship Metaspeed series called the Metaspeed Sky Paris and the Metaspeed Edge Paris. The shoes combine Asics’ top technologies to “support runners who want to feel and perform at their best when chasing down new personal bests,“ the brand ...
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News briefs
Vogue to host fashion show to kick off Paris Olympics
Fashion magazine Vogue has unveiled plans for a one-off fashion show to celebrate the Paris Olympics that will bring together some of France’s leading luxury brands ahead of the sporting mega-event. The outdoor fashion show will take place in Paris’ Place Vendome on June 23, International Olympic Day, about a ...
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Article
Asics unveils study on women’s physical activity and gender gap in exercise
Asics has released the results of what it claims is “the largest study ever conducted on the gender exercise gap.” The study, titled “Move Her Mind: Closing the Gender Exercise Gap – Study Report 2023” and unveiled to celebrate the upcoming International Women’s Day on March 8, explores the barriers, ...
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Article
YouGov customer loyalty ranking 2024 Germany: Sport 2000 at the forefront
The latest German Customer Loyalty Ranking 2024 by market research company YouGov in collaboration with the Handelsblatt newspaper reveals the rising stars of the year in terms of customer loyalty across 33 categories. Sport 2000 came out on top in the overall ranking with an increase of 12.8 percentage points ...
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Article
Puma CEO Arne Freundt: “Puma is the challenger in sports and sports culture”
Puma is facing a crucial year in a difficult market environment. Sharpening the brand profile and raising consumer awareness in two difficult markets is key for the brand in 2024.
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News briefs
Accent Group to end franchise model for The Athlete’s Foot down under
Inside Retail has reported that Australia-based Accent Group, a digitally integrated retail and distribution company in the performance and lifestyle apparel and footwear market in Australia and New Zealand with more than 800 stores, 34 brands and more than 40 websites, plans to end its franchise model for The Athlete’s ...
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Article
Puma expects business headwinds to persist in H1 of 2024
Puma, citing ongoing geopolitical and macroeconomic headwinds and currency fluctuations to continue for at least H1 of 2024, is forecasting mid-single-digit, currency-adjusted sales growth this year and a corresponding operating profit of €620 million to €700 million this year. The predicted Ebit range represents flat to 12.7 percent year-over-year growth ...
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Article
A bright future for pickleball in Spain?
The head of pickleball for the Catalunya Tennis Club’s Meeting Cup, Lluis Riba, wore a prognosticator’s cap for his recent chat with CMDsport, saying that 2027 will be the year of pickleball in Spain. Like pádel before it, he said, pickleball is in a position to save struggling tennis clubs, ...
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News briefs
Bundesliga club RB Leipzig moves from Nike to Puma
The German Bundesliga football club RB Leipzig is changing its kit supplier. The existing contract with US sporting goods supplier Nike, which has been in place since 2014, expires in 2024. From the 2024/25 season, German company Puma will kit out all of RB Leipzig’s men’s, women’s and youth teams. ...
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Article
Moncler: Grinta withdraws from Double R, signs consultation agreement with RPH
Italian luxury outdoor fashion company Moncler S.p.A., on behalf of Double R Srl, Ruffini Partecipazioni Holding Srl (RPH) and Grinta Srl, announced that Grinta, a corporate vehicle of the Rivetti family, has announced its withdrawal from Double R. Double R is a sub-holding company controlled by RPH, a holding company ...
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News briefs
New global marketing head at Dickies
Dickies, a VF Corp. brand, appointed Denise Anderson as VP, Global Marketing. Anderson joins from another VF Corp. brand, Smartwool, where she has spent the last 9 years in varying marketing and creative roles, including the last 4 years leading Global Brand Marketing and Creative Design. She has over 20 ...
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C-Suite Interview
Steve Evers: “We want to grow with a capital G”
Intersport International, the global sporting goods retailer, concluded the year 2023 with retail sales totaling EUR 13.7 billion.
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News briefs
Decathlon partners with the Madrid Padel Federation
Decathlon has announced a partnership with the Madrid Padel Federation (FMP) to promote the sport. The new agreement offers those who have never been registered the possibility to enroll free of charge in the federation, at the national level, for 2024. The two entities will also jointly organize a series ...
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News briefs
El Corte Inglés shuttering its sportswear banner
El Corte Inglés will be closing down its Sportown banner, which is devoted to sportswear, on Feb. 29, according to CMDsport. The reason is the failure to meet sales targets. The first Sportown stores, covering some 350 sqm apiece, opened in 2009 in major Spanish cities. There are, at present, ...
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News briefs
Maui Jim and Red Bull sign 3-year partnership for action sports events
Maui Jim has announced that it has signed a three-year partnership with Red Bull for the “co-creation” of a series of action sports events. The Red Bull-branded events, focused on skateboarding and watersports, include Boarding Pass and Terminal Takeover (skate, New Orleans), Magnitude (surf, Hawaii), Cope‘n’waken (wakeboard, Copenhagen, Denmark), King ...
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