All Sporting Goods Intelligence articles in Volume 35, Issue 21+22
View all stories from this issue.
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PDF NewsletterSGI Europe Executive Edition: Vol 35 - 21+22
VF Corp. fails to deliver yet again, stock tumbles nearly 12 percent | Global survey on women’s sports calls for brand investment | Zwiebler appointed permanent CEO of WFSGI, set to advance global sporting goods initiatives | Technical Apparel segment drives Amer Sports’ Q1 revenue growth | Deckers eyes more double-digit sales growth after strong FY24 | Nidecker Group acquires iconic skate brands, expands legacy in action sports | Under Armour’s latest reset will take many months to unfold | Russian sporting goods market experiences surge in cross-border e-commerce | Castore opens first London outlet store at The O2 | Canada Goose exceeds expectations in Q4 due to DTC, North America´ | Alpargatas maps out new business strategy, turns Q1 profit | Grupo SBF’s Ebitda up 14 percent in Q1 | Google joins Walmart in new funding round for Indian e-tail giant | Galeria’s investors pledge €100m, seek restructuring, Sunday shopping and name change | Will longboarding surf into the LA 2028 Olympics? | Canada Goose’s new Creative Director’s first campaign pays tribute to Jane Fonda | Desport leases former Decathlon retail spaces in Russia
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News briefsSpanish firm introduces photochromic pádel glasses
Bikkoa has launched new pádel glasses, a photochromic version of the Goat model, designed for both indoor and outdoor play – and to withstand the impact of a ball traveling at 180km/h. The chief selling point here is the lenses, which are photochromic through and through in their polycarbonate material ...
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News briefsFútbol Emotion opens its first store in the Canary Islands
Spanish retailer Fútbol Emotion has opened a 700-square-meter store in Las Palmas, Gran Canaria. It is the retailer’s first store in the Canary Islands and its 25th store overall. In addition to Spain, where Fútbol Emotion has 21 stores, the chain is present in Portugal (Lisbon and Oporto) and Italy ...
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News briefsBarthélemy Guislain re-elected Chairman of AFM, owner of Decathlon
Barthélémy Guislain has been unanimously re-elected by the management board for a further five years as Chairman of Association Familiale Mulliez (AFM), the holding company of the Mulliez family. AFM owns a series of supermarkets and retail chains in different sectors, including Auchan, Decathlon, Leroy Merlin, Kiabi and others. Guislain ...
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News briefsBlue Tomato brings in new Head of HR
Source: Blue Tomato Ramona Ramsauer As the new Head of Human Resources at Blue Tomato, Ramona Ramsauer is now responsible for all “People & Culture” agendas at the Austrian board sports and lifestyle specialist based in Schladming (with additional headquarters in Graz and Vienna). Ramsauer gained international ...
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News briefsStarVie now producing courts
StarVie, maker of pádel racquets, has expanded into pádel-court production, forging a partnership with a fellow Spanish firm, Global Padel Court. StarVie describes the new product – the Revolution 360 – as a 360-degree panoramic court, whose lack of a corner pillar leaves the field of vision open, especially for ...
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News briefsDavid Beckham signs with Alibaba
David Beckham has signed an endorsement deal with Alibaba, according to The Independent and others. The deal is reportedly the biggest ever entered into by the Chinese e-commerce giant, although the terms remain undisclosed. It is connected with a marketing campaign for this year’s UEFA Euro tournament. Beckham will be ...
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News briefsSport 2000 France has a new Deputy General Manager
Source: Sport 2000 François Mbody François Mbody has been appointed Deputy General Manager of Sport 2000 France, effective May 27. Since 2016, he has been the Director of Operations as well as Administrative and Financial Director at FAM Consulting. “After a career of more than 20 years ...
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News briefsAsics donates pop-up tennis court to the City of Paris
Asics backed a special initiative in Paris’ Place de la République on May 23, dubbed “Rally for the mind,” giving hundreds of Parisians the opportunity to experience the mental uplift of playing tennis. The Japanese sports brand has now announced that it is donating the pop-up tennis court used for ...
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News briefsNike signs first refugee athlete
In September 2023, Nike announced a new partnership with the Olympic Refuge Foundation (ORF). As part of that collaboration, the sportswear giant has now announced the signing of boxer Cindy Ngamba, a member of the IOC Refugee Olympic Team Paris 2024. Ngamba, 25, was born in Cameroon and moved to ...
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News briefsGerman court rules Nike can use three-stripe design on trousers, overturning previous Adidas claim
A German court has, according to Reuters, ruled that Nike can adorn some of its trouser designs with three stripes, a significant development in its ongoing legal battle with Adidas over trademark issues. This decision came during a second appeal hearing, where the Duesseldorf regional court partially overturned a previous ...
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News briefsAlibaba.com boosts sports and lifestyle product sales in Europe ahead of Uefa Euro 2024
Alibaba.com is capitalizing on the surge in sports-related consumer interest tied to upcoming events like Uefa Euro 2024 by launching a promotional event targeting sports and lifestyle products. According to Alibaba’s latest data, there has been a substantial increase in the UK market’s demand for sports goods, with purchases for ...
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ArticlePádel players now number 30 million worldwide
The International Padel Federation (FIP) has released the 2024 edition of its World Padel Report, which has pegged the number of pádel players worldwide at 30 million and the proportion of women among them at 40 percent. More than half of the players are in Europe, with another quarter or ...
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News briefsActive Apparel Group implements environmental management system to reduce carbon footprint
Active Apparel Group (AAG), a manufacturer of activewear and swimwear, has announced a significant step towards sustainability with the implementation of an Environmental Management System (EMS). Adhering to the ISO14001 Standard Framework, AAG aims to reduce its environmental impact through structured targets and strategies across its operations in China, Australia, ...
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Short stops
Short Stops Week 22, 2024
ASSOCIATIONS +++ Afydad will be holding its general assembly on June 26 at The Venue Barcelona, a new business complex (located at the city’s Olympic Stadium) to which the association will soon be moving its offices +++ RETAIL +++ Fanatics and Rugby Australia have entered into an exclusive ...
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News briefsPuma expands supervisory board, elects two new independent members
Puma has expanded its Supervisory Board with the election of Harsh Saini and Roland Krüger as independent members during its annual general shareholders meeting. Their election follows the departure of long-time board member Thore Ohlsson and marks an increase in the board’s size from six to seven members. The pair ...
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ArticleNidecker Group acquires iconic skate brands, expands legacy in action sports
The Nidecker Group has announced the acquisition of the skate brands Etnies, éS, Emerica and ThirtyTwo from Sole Technology. The deal sees Sole Tech’s founder, Pierre André Senizergues, remain CEO while retaining a minority interest in the brands. Under the leadership of Senizergues, the brands have become pioneers in the ...
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ArticleGoogle joins Walmart in new funding round for Indian e-tail giant
Google plans to contribute to the latest round of funding for Flipkart, Amazon’s chief competitor in India, and take a minority share in the generalist e-commerce platform – once regulators approve the deal. Flipkart says that both Google’s investment and its cloud will help the company “expand its business and ...
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News briefsAfter bitcoin, SEC gives the nod to ether
The US Securities and Exchange Commission (SEC) has amended its rules and cleared the way for exchange-traded products (ETPs) – notably, exchange-traded funds (ETFs) – that deal in spot ether. The change results from petitions from NYSE Arca, Nasdaq and Cboe BZX. Ether is the crypto currency associated with the ...
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News briefsAre helmets about to be normal gear for every surfer?
Surfing has traditionally shunned helmets, but rising concerns about head trauma are changing attitudes in the sport. At this year’s Lexus Pipe Pro, an increasing number of Championship Tour surfers wore helmets, recognizing the risks posed by dense crowds and dangerous breaks over shallow reefs. While helmets remain optional at ...
