Latest Headlines – Page 31
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France’s Ligue 1 eyeing the US
Ligue 1, the top football league in France, could be mulling over regular-season matches in the US, according to Front Office Sports. The league receives an annual $85 million for the foreign broadcast rights of its matches, but that contract (with BeIN Sports) is coming to an end. The league ...
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Reebok Basketball puts star power in its C-suite
Source: Reebok Shaquille “Shaq” O’Neal Former star NBA center Shaquille O’Neal has become the first ”President Reebok Basketball.” Another NBA star, Allen Iverson, will be serving as Vice President Reebok Basketball. O’Neal will be focused on player recruitment and business development, Iverson on player recruitment and such ...
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Four brands present ski boots with Boa Fit System
Source: Tom Klocker / Boa Boa® Technology, inventor of the Boa® Fit System, has joined forces with Salomon, Atomic, Fischer and K2 to launch the first Boa-powered ski boots. One of Austria’s most successful ski racers, Benjamin Raich, was instrumental in developing the system as a test ...
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Pádel has a “courts” problem in the US
Eric Loftus discovered pádel as a business proposition when, in 2021, he traveled to Cologne and paid a visit to FSB, the self-described international trade show for public space, sports and leisure facilities. As he has now explained to The Padel Paper, “every single booth at that trade show was ...
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FitFlop targets pan-European expansion with new logistics partner
The London-based footwear company FitFlop has selected Bleckmann as its partner to provide omnichannel logistics for its clients in the UK and the EU. The five-year agreement is designed to support FitFlop’s “rapid growth in its home market while providing scope for streamlined expansion across the EU,” according to a ...
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LA28 proposes five additional sports for the 2028 Olympics
The 2028 Olympic Games Organizing Committee has proposed five sports for the Los Angeles Games, LA28, subject to approval by the International Olympic Committee (IOC). They are baseball-softball, cricket, flag football (a limited-contact version of American football), lacrosse and squash. The LA28 proposal now goes to the IOC Olympic Program ...
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The Beachbody Company unveils new growth plan
California-based subscription health and wellness company The Beachbody Company (BODi) announced a key initiative as part of its comprehensive turnaround plan to restore growth and generate positive cash flow using new tools and incentives more closely aligned with productivity. BODi’s “Growth Game Plan” aims to reward the best-performing network distributors ...
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German e-commerce lacks positive impetus
Weak consumer sentiment continues to leave its mark on German online retail. Compared with the same quarter in 2022, according to the German e-commerce and mail order retail association (bevh), online sales of goods (including VAT, not price-adjusted) fell by 13.9 percent across the sector from the beginning of July ...
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Intersport Voswinkel invests in growth, opens 50th store
German retailer Intersport Voswinkel is celebrating its 50th location with the opening of its new 1,100-sqm sports store in Hanau, underlining its growth course, with more Voswinkel stores to follow. Source: Intersport Intersport Voswinkel Hanau Source: Intersport Marcus Neul “We want to continue to ...
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UYN opens AREAS research center in Italy
The Italian technical sportswear brand UYN (Unleash Your Nature) unveiled its new research and development lab on Oct. 5 in Asola, Italy. AREAS is a 3,500-sqm, two-story building immediately adjacent to the headquarters of Trerè Innovation, the company behind the UYN brand. The modern building houses the new research and ...
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Pentland Brands restructures product and marketing management
Pentland Brands announced that within its product & marketing management, Simon Breckon has been named Senior Vice President for Speedo, Jack Richardson Senior Vice President for Ellesse, Kickers and Mitre, and Luke Doddrell Senior Vice President for Canterbury. Source: Pentland Brands Simon Breckon, Jack Richardson and Mitre, and ...
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MVC Group acquires 70% of Zoot
MVC, the Italian group behind the cycling and outdoor brands Sportful, Castelli and Karpos, has acquired 70 percent of the U.S.-based triathlon specialist Zoot. Zoot was founded in 1983 in Kona, Hawaii, and has been headquartered in San Diego, California, since 2003, with a factory in the Philippines. It is ...
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The new EU GPSR: Be on guard and proactive
Our legal expert answers some of the questions brands, retailers, and distributors may have about the GPSR and how you as a business can prepare.
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Sports sunglasses market to grow at a CAGR of 7.3% by 2027
The sports sunglasses market is projected to grow at a compound annual growth rate (CAGR) of 7.3 percent from 2022 to 2027 and to post a 6.8 percent year-over-year growth rate in 2023, according to a recent 156-page report by research firm Technavio. Market growth is driven by the rising ...
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On announces ambitious 3-year outlook
At its investor day at On Labs in Zurich, Swiss sportswear brand On announced its financial targets for the next three years (FY 2026) and outlined the strategic building blocks to support its next phase of growth. Following On’s track record of strong growth and increasing profitability, the company intends ...
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Carbios inaugurates textile recycling facility in France
Green biotech company Carbios inaugurated its new textile preparation plant, a major innovation in polyester recycling, at the company’s demonstration facility in Clermont-Ferrand, France, on Oct. 2, 2023, in the presence of French Industry Minister Roland Lescure. To optimize the preparation of textiles for recycling, Carbios has developed a fully ...
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Puma ambassadors celebrate 75 years of sports history
Puma and some of its world-class ambassadors gathered at the company’s headquarters in Herzogenaurach, Germany, to share some of their most memorable moments in sports history over the past 75 years and celebrate the company’s anniversary. “I think along all these 75 years, one thing which has not changed at ...
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Signa Sports to delist from NYSE, new CEO in Q1/2024
After assuming in June that the worst of the market disruptions were over, Signa Sports United N.V. (SSU), the Berlin-based sports e-commerce specialist, has now announced an acceleration of its strategic realignment and performance improvement program. Ahead of putting its Q3 numbers on the table, the company is talking ...
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Houdini expands circularity platform, launches “Houdini Circle”
Swedish sportswear company and sustainability pioneer Houdini has expanded its circularity platform and opened “Houdini Circle,” the first retail concept of its kind, in Stockholm.
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WFSGI / McKinsey
Sporting Goods Industry SurveySGI Europe would like to invite you to participate in this year’s WFSGI / McKinsey Sporting Goods Industry Survey.