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ISPO Munich 2017: FESI reports another successful CEO meeting

Tuesday, 7 February, 2017

Munich, GERMANY

Top Sport CEOs from the federation of the European Sportinig goods industry continue to strengthen their cooperation with the European Union in the framework of the major global sport fair: the ISPO fair. 

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From left to right: European Commissioner for Single Market, Industry, Entrepreneurship and SMEs Elżbieta Bieńkowska and FESI President Luca Businaro.

FESI’s work to increase the partnership between the sporting goods industry and the European Commission has again demonstrated its success during this year’s CEO meeting. The meeting took place today, during ISPO’s trade show in Munich, gathering chief executives from sports brands, sports SMEs and EU Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Elżbieta Bieńkowska.

The aim of the meeting was to continue building on the existing synergies between the European sporting goods industries and the EU Commission, as to foster the competitiveness of the sector in Europe.

During his introductory speech, FESI President Luca Businaro underlined some of the members’ concerns. He stressed that support will be required on the part of the European Commission to further encourage the free circulation of goods, continue to engage in strong reciprocal Free Trade Agreements and mutual recognition of standards in other geographical blocks.  Mr. Businaro, representing the voice of the inidustry, also highlighted the need for an increased protection of the intellectual property rights of sporting goods sold online and called for greater support in the integration of digital technology and social media in the industry.

Commissioner Bieńkowska stressed the importance of sport as a relevant contributor to the EU economy. In light of this, a European study to “Improve Economic and Policy Knowledge in the Field of Sport Related Industries with particular focus on Sporting Goods Sector” has been launched to streamline recommendation on how to increase the industrial competitiveness of the sport-related industries, and notably the sporting goods sector. The study will release its findings by December of this year.

Moreover, FESI President Luca Businaro underlined the importance of officially recognizing sport as an industrial sector with strategic importance for the European Economy whilst solidly integrating it within all European financial programmes.

We are looking forward to continue interacting with yourself Madame Commissioner so as to further profile our sector in the years to come”.