News Briefs – Page 204
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News briefs
Sport 2000 Austria debuts its golf show with 45 brands
With over 45 brands, golf pro talks and the presentation of sales tools for golf courts and golf shops, Sport 2000 Austria held its first Golf Fair at the buying group’s headquarters in Ohlsdorf. Golf personalities such as Nicole Gergely, trainer of the Austrian national team, the Austrian national player ...
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News briefs
The Danish Sportmaster chain has many new managers
The Danish Sportmaster chain has hired five new top managers since the beginning of this year, reporting to Andreas Holm, the company’s CEO, to help it to grow online and to open new stores in Denmark as well as in other Nordic countries. The Russian Sportmaster Group, which bought the ...
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News briefs
JD Sports premieres a special Xmas ad
JD Sports premiered a Christmas ad – since posted to YouTube – on Nov. 6 during the airing of the Manchester derby on Sky Sports, where Manchester City beat Manchester United 2 to 0. In it, a young man walks down a downtown street – where all the shop names ...
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News briefsCrocs to provide resale-as-a-service with ThredUp
Crocs is launching a resale program with ThredUp’s Resale-as-a-Service (RaaS) platform. Adidas did the same about a month ago, as we reported at the time, and called its program “Choose to Give Back.” Crocs’ program is called “Clean Out” and is likewise intended to help the brand achieve net-zero carbon ...
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News briefs
Some more details on Asics’ Q3 results
For the third quarter, Asics reported in its financial highlights a net profit of 6,723 million yen (€51.3m-$59.3m), up sharply from ¥2,858 million a year earlier. However, sales increased by only 11.2 percent to ¥112.7 billion yen (€860m-$990m) from 101.3 billion as compared to the same period of 2020, and ...
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News briefs
JD criticizes video of a July 5 meeting over Footasylum’s contested takeover
Peter Cowgill, executive chairman of JD Sports Fashion, was reported by The Sunday Times as being under investigation by the Competition & Markets Authority (CMA) over a possible breach of its rules on sharing sensitive information relating to JD’s contested takeover of the smaller Footasylum chain in the U.K. The ...
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News briefsCovid-led demand for anti-microbial products powers Polygiene Q3
Polygiene reported a 129 percent rise in third-quarter sales to a record 52.3 million Swedish kronor (€5.2m-$6.1m), with organic growth of 31 percent, as the Covid-19 pandemic continued to drive demand for its anti-microbial products. Ebitda soared in the three months to Sept. 30 to SEK 15.7 million (€1.59m-$1.8m) from ...
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News briefs
Swiss ski camps enjoy record bookings
Schools and their class camps in particular are currently boosting occupancy at Swiss ski resorts, according to the Swiss sports association, Sportbiz. According to its report, by the end of October, a record of 287 class camps had already been booked through the Swiss snowsports initiative Go Snow - or ...
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News briefsPuma opens new North American HQ
Puma has inaugurated new headquarters for North America. Located at Assembly Row in the Boston suburb of Somerville, the 150,000-square-foot office combines the staffs – about 450 employees – from two offices in Boston proper and Westford. It was designed by the architectural firm Gensler and built by Timberline Construction. ...
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News briefsDorel Sports' Q3 revenues slip as supply-chain constraints bite
Dorel Industries said third-quarter revenue at its Dorel Sports segment fell slightly on supply-chain disruption and parts shortages, leading it to lower fourth-quarter expectations for the group as a whole. The company, which last month agreed to sell Dorel Sports to Pon Group for $810 million, said the segment’s revenues ...
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News briefsAdidas scores high on S&P's sustainability index
Adidas has undergone a very positive ESG (environmental, social and governance) evaluation conducted by the ratings agency Standard & Poor’s (S&P), receiving a score of 85/100. It is the most recent of the 27 companies to obtain a public ESG profile, and the only one in the sports industry. By ...
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News briefs
Macron sponsors Basketball Australia
Macron announces a multi-year technical sponsorship deal with Basketball Australia, starting in January 2022 and covering all the men’s, women’s and junior teams. The dynamic Italian brand of teamwear will take the place of Peak Sports, the Chinese brand that sponsors the NBA in its own market. Macron already has ...
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News briefs
Norda puts a graphene membrane into a shoe
Norda, the new Canadian brand of running shoes, has come out with what it claims to be the first shoe that features a graphene membrane. A British company, Inov-8, had put the sturdy and lightweight material in its shoes before, but in their soles and midsoles. The new nordaTM 001 ...
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News briefs
Boardriders reshuffles management
Brad Blankinship, who has been running Boardriders’ RVCA brand of apparel, has been appointed general manager of the Quiksilver brand. He succeeds Garry Wall, a 28-year veteran of Quiksilver who is leaving the group after running the brand for the last six years. David Brooks will be the new general ...
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News briefs
Foot Locker launches Sidestep in Spain
Catering to a growing hype for sneakers in Spain, Foot Locker is planning to open its first stores under the trendy Sidestep banner in the country, competing with other foreign banners like Courir, Snipes and JD Sports, and many local banners. The first Sidestep stores are slated for openings in ...
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News briefs
Coke buys sports-drink brand Bodyarmor
The Coca-Cola Company has acquired Bodyarmor, a sports drink producer founded in 2011, for approximately $5.6 billion.This is the largest acquisition in Coca-Cola’s history, overtaking that of the Costa coffee chain in 2018 for $5.1 billion. The soda king has been Bodyarmor’s second-largest shareholder, with a 15 percent stake, since ...
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News briefs
Wilson sets up pádel business team
Wilson Sporting Goods has put together a team to improve its positioning in the pádel market, which is expanding internationally. To lead this team, it has selected its territory commercial manager for southern Europe, Ignacio Cabrera, a 25-year Spanish veteran in sporting goods who has worked for Quiksilver, Adidas and ...
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News briefs
Reebok’s founder gets Drapers’ Lifetime Achievement Award
Joe Foster, who founded Reebok along with his late brother Jeff in 1958, received this year’s Life Achievement Award from the British Drapers magazine, coinciding with the sale of the brand to the Authentic Brands Group. Foster stepped back in 1989, and the move made the front page of the ...
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News briefs
Charlotte Cox and Stefan Rosenkranz join FESI’s board
The Federation of the European Sporting Goods Industry (FESI) elected two new members to its board of directors at its annual general assembly, which was held online. The two new members, Charlotte Cox and Stefan Rosenkranz, will serve for a term of at least one year on FESI’s board, which ...
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News briefs
Out Of, the Italian sun lens start-up, gets Elite status
Out Of, a young company that recently launched the first electronic lens that adapts its tint to ambient light automatically in less than a second without using a battery, is one of 20 Italian start-ups that have joined Elite, a private market of the Italian Stock Exchange, with the support ...
