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SGI Europe News

• The UN should rule on the Tokyo Games, former IOC exec suggests 19th January 2021
  Kevan Gosper, a former International Olympic Committee (IOC) vice-president, has suggested that the United Nations (UN) might be involved in deciding whether or not the postponed Tokyo 2020 Olympic and Paralympic Games should ultimately take place. The ongoing coronavirus pandemic and its recent resurgence in many countries, Japan included, is ...
• Rossignol’s CEO speaks of an “industrial disaster” for France’s ski industry 19th January 2021
  In a recent interview with the French newspaper Ouest France, Rossignol’s chief executive, Bruno Cercley, warned about the dramatic situation that the French ski industry is facing because of the pandemic and related restrictions. Ski facilities are currently closed in France, whereas they are open in some other countries, including ...
• Record sales for Polygiene 19th January 2021
  In a business update, Polygiene said its sales for the fourth quarter soared by 41.4 percent to a record 26.9 million Swedish kronor (€2.7m-$3.2m) in the fourth quarter of 2020. The company added that Addmaster, its newly acquired British subsidiary, had even stronger growth. Sales to Polygiene excluded, Addmaster’s revenues ...
• Sweaty Betty benefits from lockdowns 19th January 2021
  Sweaty Betty’s revenues grew by around 60 percent between 2019 and 2020. With many consumers spending more time at home due to lockdowns and restrictions, the demand for British company’s joggers rose by 160 percent, while sales of Italian fleeces surged by 223 percent. The women’s fitness apparel brand continued ...