Latest Headlines – Page 155
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Decathlon celebrates innovation
Decathlon has announced the winners of its innovation awards for its own private brands, or “marques passion.” The three products that have won the 2019 Decathlon Innovation Awards are the Itiwit Strenfit 500 kayak, the Quechua MH500 cook set and the Domyos Likealocker bag. The award ceremony was held at ...
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Decathlon cares about the environment
Decathlon has announced that it will stop using all single-use plastic and paper bags in all its Spanish stores on July 3, coinciding the 31-day global Plastic Free EcoChallenge next month. The measure is intended to improve the banner's image while removing 338,000 kilos of plastic every year in order ...
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Decathlon will own more floorspace in Russia
Decathlon plans to increase the share of the floorspace it owns in Russia, rather than renting it, from the current level of 25 percent to 50 percent in the coming years. Julia Gorosheni, development department director for Decathlon in Russia reportedly noted that the chain tends to rent more floorspace ...
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11teamsports buys into a similar Czech retailer
11teamsports, the German multi-channel retailer, has taken control of Top4Sport, a similar Czech-based sporting goods retailer, by acquiring a 51 percent stake in the company on June 1. The takeover is expanding the group's presence in other parts of Europe. Up to now, 11teamsports was only represented in Germany, Austria, ...
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Lululemon is unstoppable
The Canadian brand's momentum shows no signs of slowing, as it posted another set of strong results for its first fiscal quarter ended May 5.Thanks to increased traffic to its stores, impressive growth in new markets – especially China – and strong digital gains, Lululemon Athletica recorded revenues of $782.3 ...
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Amer invests in winter sports after a strong rise in sales
Amer Sports has decided to invest €30 million over the next 12 months in the modernization of its ski manufacturing facilities in Austria and the logistics in the segment. The program, which was part of the group's long-term strategy, has been approved by China's Anta Sports Products and its other ...
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Ukraine increases ski exports to Europe
In 2018, Ukraine exported $49.1 million in skis to the European Union, a 17.3 percent increase as compared to the previous year, said the Ukrainian Economy Development Ministry earlier this year. The country thereby strengthened its position as the biggest skis exporter to the region, but the ministry provided no ...
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Babolat and other brands promote pádel
Babolat, the French leader in racquet sports, has just announced the launch of a “Babolat Rafa Celebration Box” in connection with the 12th victory of its main sponsored tennis player, Rafael Nadal, at the Roland-Garros tennis tournament a few days ago. Available in only 220 numbered units and accompanied by ...
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New home base for Scott Sports
Scott Sports moved a few weeks ago into an impressive new headquarters in Givisiez, the Swiss town it has called home for 40 years. The construction of the new, single building began in June 2016 and cost about 60 million Swiss francs (€54m-$60m). The result is a seven-story structure of ...
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Milliken acquires Polartec
While no figures have been given – not even for the turnover of the two companies – Versa Capital Management is probably going to make a nice capital gain from its sale of Polartec to Milliken & Company, a large and diversified U.S.-based textile group. The strategic investment contract is ...
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EU anti-dumping duties on Chinese bikes are due to stay
Protecting its bike industry better than the U.S. and Japan are protecting theirs, the European Union has levied anti-dumping duties on bicycles originating in China since 1991. The EU is set to maintain them for another five years, now that the European Commission has completed and published its 12-month review.Parties ...
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President Trump’s special diplomacy shakes up the market
Hundreds of companies, including many sports brands and retailers, are traveling to Washington and posting testimony for this week's hearings in the U.S. Congress on the planned new round of punitive tariffs against China. Even New Balance, an early supported of U.S. President Donald Trump that has its own assembly ...
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Adidas and Nike back women’s football
Adidas has signed up as a founding partner of United for Girls, a new initiative from the U.S. Soccer Foundation aimed at increasing opportunities for girls and women from underserved communities to play football. Adidas' participation in United for Girls is part of the brand's “She Breaks Barriers” initiative to ...
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Internet-driven hike in the Russian sport market
The rapid development of e-commerce in Russia has given a strong impetus to the sale of sneakers and other sports products in the last few months. From March to May, overall sales over the internet jumped by as much as 30 percent in the country, according to a market survey ...
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Sales of illegal shoes are booming in Russia
A few months before the long-awaited introduction of the compulsory tagging of all shoes in with RFID chips in Russia, the flow of counterfeit footwear is skyrocketing in the country. Natalia Demidova, director of the Russian National Shoe Union, told the Russian Retail Week conference in Moscow that their market ...
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Russia eyes import replacement scheme for sports items
The Russian Industry and Trade Ministry has prepared a draft project to promote the replacement by the domestic industry of products imported from abroad. As part of this program, the government would offer funding and subsidies to sports clubs and associations in the country for the purchase of the goods ...
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Ispo sees key drivers in athletes’ purchasing decisions
Ispo has interviewed athletes in a Europe-wide study to understand what ultimately drives their purchasing decisions when they look for new sports equipment. The study found that recreational athletes keep track of product awards, pay attention to the durability of the products, and are particularly active online.The vast majority of ...
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SGI Europe partners with Ispo Digitize
We have agreed to partner with Ispo to support its initiatives in the area of digital know-how, in view of the enormous challenges and opportunities created by the digitalization process for our sector. As part of this partnership, all the subscribers to SGI Europe who have not yet registered for ...
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E-sports will be part of Ispo Digitize
One of the big topics at the convention will be e-sports, a rapidly growing segment of the market in which sports brands and retailers have started to invest, mainly through sponsorships and by opening dedicated corners in sporting goods stores.At this year's event, one of the workshops will have the ...
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ArticleFesi calls for less stringent IOC rules
The Federation of the European Sporting Goods Industry (Fesi) is calling for common regulations all over the European Union on the use of the sponsors’ brand names and logos in connection with the Olympic Games following a positive response by the German Cartel Office to a challenge by the German ...
