All Sporting Goods Intelligence articles in Volume 35, Issue 25+26+27 – Page 3
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News briefsCoupang appoints AI specialist to Board of Directors
Source: Coupang Asha Sharma Coupang, Inc., the technology company that acquired the assets of global online luxury company Farfetch Holdings earlier this year, has appointed Asha Sharma, Corporate Vice President and Head of Product, AI Platform at Microsoft, to the company’s Board of Directors. Prior to joining ...
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News briefsTeijin Frontier and Save the Duck jointly establish Save the Duck Japan
The Italian Trade Agency (ITA) has reported that the Japanese company Teijin Frontier Co., Ltd. founded the joint venture Save the Duck Japan Ltd. based in Tokyo together with the Milan-based clothing company Save the Duck, a brand of animal-free outerwear. Kenichi Haruta of Teijin Frontier was appointed president. The ...
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AnalysisAnalysis: The top sporting goods industry performers by sales and profits in Q1 2024
Year-over-year RoS improved for Footwear and Diversified/Retail but declined in both Apparel and Equipment in Q1/24. Find out more in our latest scorecard.
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ArticleWhich sports brands are among Time Magazine’s most sustainable companies?
Time Magazine and data intelligence platform Statista have created a list of what they consider the world’s most sustainable companies for 2024. So, how are sports brands, companies and retailers ranked? Several companies qualified for the list, and one brand performed so well in sustainability that it ranked third ...
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News briefsHas Shein already filed for an IPO?
We have been waiting for Shein to file for an IPO somewhere. According to Reuters, however, the filing appears already to have happened, in early June. It was done confidentially and in London. It seems, Reuters writes, that Shein has “updated China’s securities regulator officially about its change of listing ...
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News briefs3D display at Nike’s Paris store
We learn from Retail Technology Innovation Hub that Nike has set up 3D holograms at its Paris store, the House of Innovation, to promote its new Air Max Dn sneaker. To handle the set-up, Nike hired Hypervsn, a specialist in 3D displays and “phygital” marketing with headquarters in the UK, ...
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News briefsGarmin promotes two executives to newly created COO role
Garmin announced today that Patrick Desbois and Brad Trenkle have both been appointed to the newly created role of co-Chief Operating Officer, effective July 1, 2024. Source: Garmin Patrick Desbois Desbois will provide executive oversight for Garmin’s aviation and auto OEM segments, global supply chain and operations, ...
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News briefsErik Janshen appointed Vice President DTC at Puma
Source: Puma Erik Janshen Puma has appointed Erik Janshen to lead its global direct-to-consumer (DTC) business, which includes Puma’s owned and operated stores, the puma.com website and various online marketplaces. Janshen, a German national, has more than 10 years of experience in digital sales and DTC ...
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ArticleUnrivaled Sports invests in indoor action sports center alongside White
US-based youth sports holding company Unrivaled Sports, founded in March by David Blitzer, Josh Harris and The Chernin Group (TCG), has made a strategic investment in Snöbahn, the operator of indoor action sports centers with two locations in Colorado. In addition, the company announced a strategic investment in its action ...
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News briefsPGA Tour appoints Weitz as Chief Marketing & Communications Officer
Source: PGA Andy Weitz The PGA Tour has announced the appointment of Andy Weitz as Chief Marketing and Communications Officer and Executive Vice President, Investor Relations for the Tour’s global operations. In addition to overseeing marketing and communications, Weitz will take on a newly created investor relations ...
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News briefsNike and Hyperice partner on gear designed to ease warm-up and recovery
Nike has teamed up with Hyperice, a California-based wellness brand specializing in therapy technology, to create boots and a vest designed “to take warm-up and recovery to the next level.” The Nike x Hyperice Boot is a high-top shoe that offers heat and dynamic air-compression massage on demand for the ...
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News briefsWFSGI and sporting goods companies react to WHO’s inactivity data
According to the WHO, 31 percent of adults are “inactive” and “not meeting the recommended levels of physical activity (just 150 minutes of moderate exercise per week).” This figure, it predicts, will at the current rate of change rise to 35 percent by 2030. It stood at ...
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ArticleDawn of the connected ball
The video assistant referee (VAR) has been a part of professional football in some capacity since at least 2016, with trials going back years before, but it hit the big time at the FIFA World Cup in 2018. Now, six years later, an extended version of it has cost Belgium ...
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News briefsOakley outfits Team USA Surfing for Paris 2024
Oakley is teaming up with Team USA Surfing as the official offshore outfitter, marking a historic milestone as surf returns to the Olympic stage at this Summer’s Games. Building on the esteemed Team USA Partnership and as a core tenet of the brand’s heritage in surf, the Oakley Team USA ...
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News briefsItalian sportswear firm Macron opens US office
Bologna-based teamwear brand Macron has opened a US office in Bridgeport, Connecticut. Giovanni Maruzzi, the company’s Chief Sales Officer and CEO of Macron US, and Angelo Marino, Macron’s Director of Communications, attended the official ceremony. Macron’s new US headquarters has an area of approximately 2,000 sqm. It includes a ...
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ArticleApple seeking cheaper alternative to its VR headset
Apple appears to be directing its efforts away from a second edition of its Vision Pro headset and toward a cheaper version, according to Mac Rumors, which cites reporting by The Information. The Vision Pro’s retail price is $3,499. (The 14-inch MacBook Pro, by comparison, ranges in price from $1,599 ...
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News briefsSkechers and Harry Kane launch capsule collection
Harry Kane, the current captain of the English national team and center forward at FC Bayern since 2023, has launched an apparel capsule with Skechers. It is their first joint clothing collection, after Kane already acted as ambassador for Skechers’ first football boots, which were launched in Europe in September ...
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News briefsJuventus and Fanatics sign merchandise partnership
Serie A football club Juventus and Fanatics, a digital sports platform and a global leader in licensed sports merchandise, have announced a wide-ranging partnership in e-commerce, retail, manufacturing and licensing. Fanatics will manage all aspects of Juventus’ merchandise offering worldwide. The new partnership will run until the end of the ...
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News briefsUlrich Hanfeld takes over sole management of Hervis
Source: Hervis Dr. Ulrich Hanfeld Austrian sporting goods retailer Hervis is taking the next step in its ongoing restructuring: By the end of June 2024, Dr. Ulrich Hanfeld will assume sole responsibility for the management board. The retail professional was brought into the company at the beginning ...
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News briefsUnder Armour to pay €434 million settlement in shareholder lawsuit
Following a seven-year legal dispute between Under Armour (UA) and a group of shareholders, UA has agreed to pay $434 million in settlement. This should end the legal dispute from 2017, in which it was alleged that the company had misled shareholders about its sales growth to meet Wall Street ...
