Financial
Analysis on the brand’s and retailer’s financial performance in the sporting goods industry including annual and quarterly updates, regional break-down, channel and segment growth.
Our latest financial story
Klarna made profit for second time in a row in Q3
Klarna, the AI-powered global payments network and shopping assistant, has announced its nine-month financial results. The company’s net profit in the third quarter was SEK 216 million, up 57 percent year-on-year.
Klarna made profit for second time in a row in Q3
Klarna, the AI-powered global payments network and shopping assistant, has announced its nine-month financial results. The company’s net profit in the third quarter was SEK 216 million, up 57 percent year-on-year.
Classic French brand enters receivership
Le Coq Sportif will be looking for fresh investments for the next six months.
The Gap ‘increasingly confident’ in Athleta’s trajectory
Third quarter net sales at Athleta rose by 4 percent year-over-year to $290 million as comparable sales increased by 5 percent for the period ended Nov. 2. As expected by parent Gap Inc., the segment’s return to positive comparable sales was attributed to new products and marketing resonating with customers. ...
JD Sports warns profit will be at lower end of range after ‘volatile’ October
The retailer warns of lower profits as October sales slip amid discounting and consumer caution, but expansion plans fuel long-term growth hopes.
Shein’s European entity enjoys 68 percent sales boost for FY23
Net income amounted to €99.5 million, up 117.2 percent from the €45.8 million of FY22.
Björn Borg grew 44% in Germany in Q3
Björn Borg’s net sales rose by 8.8% in Q3 2024, and the two categories Footwear and Sports Apparel saw year-on-year growth of 29 and 25%, respectively.
Alibaba upgrades its secondary listing
The Chinese operator of the world’s largest online trading platforms is upgrading its Hong Kong listing to attract Chinese investors from the mainland.
Adidas raises FY forecast after better-than-expected Q2
Adidas continues to surf the wave of success of the Q1 report from May. The company’s sales rose 9 percent to €5.822 billion in Q2. The significantly smaller Yeezy business had a negative impact on the year-on-year result.
Asics lifts guidance, reports strong first half
Bolstered by double-digit sales growth across all global regions in Q2, Asics Corp. raised its full-year guidance late last week. The Japanese group is now forecasting 11.9 percent annual revenue growth to ¥660,000 million (€3.82bn) and a 64 percent increase in operating income to ¥95,000 million (€550.1m) for the 12 ...
Spanish footwear exports up in the first seven months of 2024
Spain’s footwear exports rose for the first seven months of 2024 compared to the same period in 2023.
Amer Sports reports 60% revenue growth in China for Golden Week
The week-long national holiday starting Oct. 1, commemorating the founding of the People’s Republic of China, brought Amer robust sales growth driven by three brands’ solid performances.
Footwear production in Italy continues to decline
In the first half of 2024, sales for Italian shoemakers were down by 9.1 percent.
Intelligence, analysis and advice for the global sporting goods industry.
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