News Briefs – Page 201
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News briefs
Kickz invests in NFTs via The Football Club
Kickz, the German sneaker and streetwear retailer, is planning a cooperation with a German startup, The Football Club (TFC), that specializes in NFTs. TFC, a Munich-based crypto-soccer-platform that is currently in beta test mode, claims to be the world’s first app-based provider of NFT games. Run by Ante Kristo, TFC ...
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News briefs
A second logistics hub for growing Intersport France
Intersport France has launched the project for the establishment of a second logistics platform of 84,000 square meters in the area of Château-Renault in the Loire Valley, in collaboration with local authorities. Scheduled to go on stream in 2024, it would employ about 150 people at the start, growing to ...
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News briefs
Growing Stadium group shelves sneaker store concept
The Stadium Group, the leading Swedish sporting goods retailer, reportedly opened a Sneakers Point store last May on Nordstan in Gothenburg, but it has already closed it, with no plans to develop further such a concept. According to a spokeperson, five other stores under this banner and a website have ...
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News briefs
Nike settles with Skechers
Nike and Skechers have reached a settlement at undisclosed conditions of their long-standing legal battle, putting an end to three intellectual property lawsuits after the mediation of a judge for the Central District of California. The dispute started in January 2016, when Nike accused Skechers of using design elements of ...
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News briefs
Nike cancels orders in the U.S.
A tweet circulated by Brendan Dunne of Complex, which reports mostly about sneakers, has raised new doubts about the Swoosh’s ability to service its retail clients in the U.S. due to the current supply chain disruption, sending down slightly Nike’s share price and that of some major U.S. retailers. Dunne ...
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News briefs
French pioneer in snowboard bindings has passed away
Robert Emery, a French pioneer in the development and manufacturing of snowboard bindings, has passed away at the age of 68. He inherited a factory that was making camping accessories and other products from his father Roger in 1948. The eponymous firm, Emery; then developed a series of ski bindings ...
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News briefs
A Nov. 30 webinar on the EU’s new norms on vendor/retailer relations
Two webinars will be held on Tuesday, Nov. 30 to discuss new strategic opportunities and trade complications for the sale of sporting goods in Europe as of June 2022, based on a new updated version of the European Union’s Vertical Block Exemption Regulation (VBER), which has been regulating vertical supply ...
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News briefs
Sprinter opens a first store outside Spain
Sprinter – the biggest and more techical sports retail banner within the Iberian Sports Retail Group (ISRG) – confirms that has opened its 173rd physical store and its first one outside of Spain. According to CMDsport, the Sprinter store is located at the Zuidplein mall in the Dutch port city ...
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News briefs
Moncler designs skins for Fortnite
Moncler has released a set of digital outfits, known as gaming skins, and some accessories for the video game Fortnite, developed by Epic Games. Making their debut on Fortnite’s Item Shop on Nov. 20 – the evening of the present century’s longest lunar eclipse – the skins are patterned after ...
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News briefs
Reebok offering rebates through Bitcoin platform
Reebok has struck a deal with a rewards platform called Lolli. Customers can download Lolli as a browser extension or iOS app, activate the Reebok option and earn rebates of up to 6 percent in Bitcoin on their online purchases of Reebok products. Founded in 2018, Lolli raised $10 million ...
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News briefs
Some early regional sporting goods events are still on in some European countries
Regional sporting goods events in Switzerland, the Netherlands and Austria are gaining more importance for local buyers – at least for the preparation of the autumn/winter 2022/23 season – as the international ISPO Munich show has been permanently moved from the end of January to the end of November. In ...
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News briefsRapha co-founder to step down
Rouleur magazine reports that Simon Mottram, a co-founder of Rapha, will step down as CEO of the British cycling apparel brand, taken over by L Catterton in 2016, after 17 years in the position. Mottram co-founded Rapha in 2004 with Luke Scheybeler, drawing inspiration from Team Rapha-Géminiani, a cycling team ...
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News briefsCanada Goose names luxury goods expert as president of Asia-Pacific
Source: Canada Goose Paul Cadman Canada Goose has appointed Paul Cadman as president for the Asia-Pacific region. The role includes all business activities from commercial and financial to marketing across the APAC region, including Greater China, Japan, South Korea, Australia and New Zealand. He succeeds Scott Cameron, ...
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News briefs
Rossignol sells Felt Bicycles to Pierer Mobility
The Rossignol Group has agreed to sell its American brand of road and racing bicycles, Felt, to the Pierer Mobility Group, a European leader in “powered two-wheelers,” including motorcycles and e-bikes, based in Austria. In announcing the move, without mentioning the agreed price, the French company explained it with a ...
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News briefs
Boosted by Covid, SportsShoes.com reports big gains in its last FY
Sales grew by 37 percent to £92.2 million (€109.9m-$123.7m) at SportsShoes.com during the financial year ended Feb. 28, 2021, leading to an increase of 118 percent in Ebitda to £12.2 million (€14.5m-$16.4m), but they have flattened lately, indicating that the Covid-19 epidemic was a boosting factor last year. The company, ...
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News briefs
EuroSIMA launches surf podcast
EuroSIMA, the European surf industry association, is launching a podcast on the surfing business. Produced with Impact Zone Surf Podcast, Inside Eurosima, as the podcast is called, will be taking listeners “behind the scenes into the heart of the Actions Sports industry” and the artists, entrepreneurs and executives behind it. ...
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News briefs
Decathlon is labelling its own products for CO2
Last month, Decathlon began grading the carbon footprint of apparel and shoes sold under its own brands. So far, the French retailer has labeled 63 percent of these products with a score from A to E (best to worst) and with a figure (in kilograms of CO2) calculated to reflect ...
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News briefs
Google develops geographic fiber-tracking tool
Google has added a tool to its Google Earth Engine to gauge fibers by their geographic effects on the environment (air pollution, biodiversity, greenhouse gas emissions, effects on forestry, water use, etc.) and thereby guide textile brands to reduce the carbon emissions of their raw materials procurement. Developed in partnership ...
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News briefs
Golf rounds played in the U.K. are higher than in 2019
Golf rounds played in the U.K. were down year-on-year in the third quarter of 2021, but last year’s third quarter was exceptional, as pent-up demand for the sport exploded with the easing of lockdowns. From that high point – a 20-year record – this year’s figure is down by 7 ...
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News briefs
S&P improves Callaway's outlook to stable
Callaway Golf’s better-than-expected results have led Standard & Poor’s to upgrade its outlook for the company and its TopGolf subsidiary from negative to stable, while affirming their present credit ratings. Both S&P and Moody’s had been skeptical because of Callaway’s high debt and TopGolf’s losses. With Callaway reporting better sales ...
