All Sporting Goods Intelligence articles in Volume 35, Issue 25+26+27
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SGI Europe Executive Edition: Vol 35 - 25+26+27
Nike will aim to recapture mojo with innovation as it lowers FY25 outlook | Rip Curl showing positive DTC growth in northern hemisphere | Analysis: The top sporting goods industry performers by sales and profits in Q1 2024 | Golden Goose IPO postponed | Under Armour to begin move to new HQ | Altor buys Renewcell and starts Circulose | Taiwan’s fitness equipment giant Dyaco opens e-bike factory | New CEO at FootBalance | New management at Premier Padel | Unisport opens first store in Germany | On releases impact progress report 2023 | Decathlon’s extra-financial FY23 | TrusTrace launches updated AI-powered forced labor prevention solution | Puma continues major marketing offensive during Euro and Copa | Marucci, Victus become official bats of MLB | Intersport, Decathlon largest clothing retailers in France | New UK report shows physical and mental benefits of surfing | Shaun White launches first-ever professional halfpipe league | X Games plans to launch innovative X Games League | Apple seeking cheaper alternative to its VR headset
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News briefs
Authentic’s new SVP set to drive growth in Japan
Source: Authentic Brands Group Jeff Daggett Authentic Brands Group has appointed Jeff Daggett as Senior Vice President - Head of Japan. With more than thirty years of industry experience, Daggett is expected to play an integral role in strengthening Authentic’s presence and driving brand growth in the ...
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News briefs
New CFO for XXL
Norwegian retailer XXL ASA has appointed Lars Syse Christiansen as its new CFO. He previously held this position at CircleK and Storebrand Bank, among others. He is also currently CEO of Cardboard and Wanda, two companies he co-founded. Before founding Wanda, a circular logistics platform, Christiansen was CFO of Otovo ...
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Article
Puma, Mercedes AMG Petronas and Ræburn launch upcycling collection
Puma has entered into a collaboration with the Mercedes-AMG Petronas Formula One team (MAPF1) and Ræburn, a London-based creative studio known for reusing surplus materials. Source: Puma MAPF1 x Ræburn / George Russell Within the scope of the partnership, the trio is mainly drawing on Ræburn’s upcycling ...
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News briefs
JD Sports’ COO steps down
Retail Gazette reports that Sherilyn Paterson, COO of JD Sports, will leave the retailer after 12 years. Paterson, who was promoted to COO last year, will step down for personal reasons. Before taking on the COO position, her roles at JD Sports included Merchandising Director and Group Operations Director.
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Manchester United’s new home kit for 2024/25
Adidas has revealed Manchester United’s home kit for the 2024/25 season. The new design is based on the classic jerseys, which featured slightly fluorescent materials so players could see each other better in the floodlights. The viscose fabric appeared in different shades of red, depending on how the light reflected ...
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Bluebella launches campaign with Team GB Women’s Rugby
Bluebella has launched a new campaign featuring the stars of the Team GB women’s Olympic rugby team. With Paris 2024 starting at the end of July, Team GB Rugby Sevens players Jasmine Joyce, Celia Quansah and Ellie Boatman have teamed up with the underwear brand’s #StrongIsBeautiful campaign to encourage girls ...
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News briefs
11teamsports has a new Chief Commercial Officer
Source: 11teamsports Andreas Kohn According to Fashion United, Germany-based football and teamsports e-tailer 11teamsports has appointed Andreas Kohn as the group’s new Chief Commercial Officer on July 1. With over two decades of experience in sales and strategy, Kohn will lead the commercial areas of all 11teamsports ...
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TSG names SDG as its new exclusive French distribution partner
Swiss action sports company TSG International AG has signed a distribution agreement with SDG Distribution, a leading French distributor of technical action sports equipment based in Soorts-Hossegor. SDG specializes in the distribution of bike, skate, scooter and surf equipment. “The partnership with SDG is not just about expanding our global ...
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News briefs
Indoor pickleball franchiser raises its valuation
Pickleball Inc. has led a Series B round of funding for The Picklr, a North American franchise of indoor pickleball courts, with free leagues, tournaments and clinics. The company has now brought in $9 million, raising its valuation to about $59 million. In a little more than a year, The ...
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Article
Veteran sportscaster cloned for the Olympics
Like everything else these days, NBC-Universal’s coverage of this year’s Olympic Games will have an AI dimension. On its streaming service, Peacock, the network will offer “Your Daily Olympic Recap,” a ten-minute series of highlights from the previous day’s coverage narrated by an AI-generated version of the voice of Al ...
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News briefs
Adidas launches its The Pulse retail concept in the UK
Adidas is introducing its premium store format, dubbed “The Pulse,” in the UK with two locations in Edinburgh and Glasgow. A 1,000 sqm store has just opened at Fort Kinnaird in Edinburgh. It is the third The Pulse store to open in Europe, with other locations in Germany and Italy. ...
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News briefs
Paris to host International Summit on Sport and Sustainable Development
French President Emmanuel Macron and the President of the International Olympic Committee (IOC), Thomas Bach, have proposed to hold an International Summit on Sport and Sustainable Development on the eve of the Opening Ceremony of the Paris 2024 Olympic Games. The Summit will be held on July 25 from 5 ...
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News briefs
Cisalfa Sport partners with Special Olympics Italia
Italian retailer Cisalfa Sport will support Special Olympics Italia in 2024. Special Olympics is a global non-profit that provides sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities. The organization was founded in 1968 by Eunice Kennedy Shriver, a member ...
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News briefs
OrthoLite expands European hub
OrthoLite, the insole and footwear solutions brand, has expanded its European hub, OrthoLite Europa (OEU), in Almansa, Spain. The expansion enhances capacity, innovation and local-for-local insole production solutions for OrthoLite’s European brand partners, the company explained. The factory will add more automation, expand lean line production, and modernize the facility ...
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News briefs
More sustainable movement in the wetsuit market: Billabong introduces Upcycler program
After years of Patagonia producing neoprene-free wetsuits made from natural Yulex rubber, Alpkit recycling its wetsuits into new neoprene since 2023, Decathlon recently starting to produce wetsuits made from Yulex100 and Quiksilver just announcing that it is upcycling wetsuits into sunglasses, Australian surf and lifestyle brand Billabong has now introduced ...
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Article
On releases impact progress report 2023
On has released the 2023 edition of its Impact Progress Report on ESG, laying out 24 external goals, “multiple” internal goals and 12 “foundational goals.” It says three pillars stand on this foundation: social impact (human rights in labor policy), innovation in materials and processes (to reduce environmental effects) and ...
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News briefs
Chinese Olympic medal winners to wear climate-neutral outfits from Anta
Chinese sportswear brand Anta, which is also an official partner of the Chinese Olympic Committee, has unveiled the outfit that the Chinese delegation will wear at the medal ceremonies during the upcoming Olympic Games in Paris. Anta, part of publicly listed Anta Sports, which also includes brands such as Arc’teryx, ...
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News briefs
Deichmann subsidiary to distribute Kappa in Germany and Austria
The German footwear company Supremo is taking over distribution of the Italian sports lifestyle brand Kappa in Germany and Austria as it further expands its portfolio of licensed brands, which already includes Tom Tailor, Lurchi and Romika. Based in Pirmasens, in the Rhineland-Palatinate region of Germany, Supremo is majority ...
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Article
Decathlon’s extra-financial FY23
Decathlon has released the 2023 edition of its Declaration of Extra-Financial Performance (DPEF), reviewing its measures regarding ESG (environmental, social and governance). The details sprawl over more than 240 pages. The CEO’s introduction suggests that the salient points are the staff training, “equity,” and “internationalization,” the value chain, and environmental ...