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Article From：SGI Europe Vans has introduced the Circle Vee, a new silhouette that taps into renewable materials while aiming at reducing waste. The Circle Vee features a one-piece knitted natural upper designed to reduce waste in producti...

Article From：Fibre2fashion Eight months after Adidas announced its partnership with Finnish textile material company Spinnova, the German sporting goods giant has unveiled its first product made in part with Spinnova fibres. By Beth Wrigh...

Article From：Just Style In 2021, the real (price-adjusted) turnover of retail enterprises in Germany was 0.7 per cent and the nominal (not price-adjusted) turnover was 2.9 per cent higher than in 2020, according to provisional results of...

Article From：SGB MEDIA Peloton CEO John Foley will step down as CEO, move to the executive chair role and be replaced by Barry McCarthy. The embattled connected-fitness cycling giant additionally cut revenue guidance to as much as $3.8 bi...

Article From：SGB MEDIA Descente reported an operating profit against a loss for the nine months through December 31 on a 15.1 perfect revenue gain. Revenues reached 76,681 million against 66,638 million a year ago. Descente said in its re...

Article From：SGB MEDIA Revenue from backcountry accessories, which includes skins, beacons, probes, and avalanche shovels, were down 14 percent during the season-to-date (August to December 2021) period after growing by 90 percent during...

Article From：Front Office Sport New Peloton CEO Barry McCarthy said the company has big plans, but they dont involve a sale. The connected fitness giant had reportedly drawn interest from Amazon and Nike, who saw opportunity in Pelotons d...

Article From：SGB MEDIA Annual revenue for the U.S. athletic footwear market grew by about 20 percent versus 2020, although growth slowed to mid-single-digits in the fourth quarter due to poor execution, supply chain delays, the end of sti...

Article From：SGI Europe With the start of the Olympic Games in Beijing, the share prices of Chinese sports companies Anta Sports and Li Ning have risen, each by almost five percent in recent days. Analysts attribute this to a positive moo...

Article From：SGB MEDIA The NPD Group announced the winners of its second annual Outdoor Sports Retail Performance Awards. According to NPD Retail Tracking Service data*, the awards acknowledge the fastest-growing brands in the U.S. outdoo...

Article From：SGB MEDIA Participation research shows overall golf participation in the U.S. increased by 600,000 to 37.5 million in 2021, up 2 percent, according to the State of the Industry Graffis Report published by the NGF (National Go...

Article From：SGB MEDIA Nike has filed a lawsuit in the Southern District Court of New York against StockX, accusing the sneaker resale marketplace of using Nikes trademarks without authorization to market and sell non-fungible tokens (NFT...

Article From：SGB MEDIA Amazon and Nike are reportedly exploring separate bids for Peloton, the beleaguered leader in internet-connected bikes and treadmills. Pelotons shares traded up more than 30 percent in after-hours trading. The Wall...

Article From：Front Office Sports StockX, an online sneaker and streetwear reseller, is planning to launch a service allowing consumers to buy and sell NFTs that are linked to physical sneakers from major sports brands. Known for selling g...

Article From：SGI Europe The sporting goods retailer and manufacturer Decathlon is testing the expansion of sustainable services in Germany. In Munich, a pilot project has been set up in collaboration with Glocally, a logistics company fou...

Article From：SGB Media Grassroots Outdoor Alliance (GOA) released sales data showing an uptick in holiday season sales and a record-setting two years of sales increases. In comparison to 2020, GOA member retailers were up +29 percent year...

Article From：Front Office Sports Change is coming to Peloton after a brutal 2021. The at-home fitness giant is bringing in consulting firm McKinsey Co. to evaluate its cost structure and potentially eliminate jobs. Job cuts were reportedl...

Article From：Front Office Sports As Apple and Meta continue to make significant investments within the wellness and fitness spaces, retaining top talent has become imperative and competitive. Apple, which recently unveiled its Series 7 wa...

Article From：SGI Europe In some Russian regions, consumer activity in the sporting goods market has nearly doubled thanks to snowy winter conditions during the current winter season. It has been particularly strong over the online channel...