All Racquet Sports articles – Page 15
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ArticleOn raises outlook again, vows to “protect the position of the brand”
On Holding, after reporting another quarter of strong results, now sees its FY22 revenues growing by 55 percent to 1.125 billion Swiss francs (€1.16b) and its adjusted Ebitda margin hitting CHF 148 million (€152.1m) despite ongoing margin pressure from the combination of a strong U.S. dollar and weak euro. The ...
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SponsoredISPO Munich 2022: Health & Fitness and the Padel Village in Hall C1
Premiers, product launches, and exercise for you. This is what to expect from Hall C1 at ISPO Munich.
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ArticleTopgolf Callaway tees off with record third quarter; lifts guidance
Topgolf Callaway Brands has lifted annual guidance after a record third quarter and said it continues to see the Topgolf operation as a key driver of growth that will contribute half of the company’s Ebitda in the near future. Group net revenue for the three months to Sept. 30 was ...
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News briefsA new ATP-WTA event with mixed teams from 2023
The ATP and WTA have announced that the United Cup, a new mixed teams event, will launch the 2023 tennis season in Australia. The event, presented in partnership with Tennis Australia, will showcase teams from 18 countries, with the best men’s and women’s players competing together. The matches will take ...
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News briefsWilson to begin selling pádel courts
Having joined forces with Padel Galis, Wilson Sporting Goods will begin selling pádel courts next month, according to CMDsport. Wilson Court, as the product is called, will, in time, be selling worldwide but is focused for now on the U.S. Padel Galis, a Spanish company that manufactures official courts for ...
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News briefsRecord sales for Pádel Nuestro
Pádel Nuestro not only expects to close out the current year with record sales of about €55 million, up by 10 percent from last year but also projects a further rise to €80 to €85 million for 2023 – this according to CMDsport, which cites statements to ABC by the ...
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News briefsWorld Padel Tour sweetens the pot to retain players
In light of the founding of a second league, Premier Padel, the nine-year-old World Padel Tour (WPT) has set forth a new modus operandi for the next half-decade. Chief among the changes is the elimination of the exclusivity clause from its player contracts. Until now, WPT players have had to ...
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News briefsNew sports added to 2026 Commonwealth Games
Golf, BMX and coastal rowing have been added to the schedule of Victoria 2026 and thus will be part of the Commonwealth Games for the first time in the event’s history. In addition, shooting and 3×3 basketball will make a comeback to the Games the same year. Wrestling, on the ...
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News briefsAcquisition of Padel Panorama canceled
Every Padel i Sverige, a subsidiary of Everysport Group, has canceled an agreement signed in June to acquire 100 percent of the shares of another Swedish company, Padel Panorama, for SEK 0.6 million (€55,000). According to a statement from the parent company, the reason is “discrepancies in the warranty provided ...
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News briefsGlobal squash equipment market to post 2.14% CAGR to 2026
The global squash equipment market is projected to grow by $75.2 billion from 2021 to 2026, marking a compound annual growth rate (CAGR) of 2.14 percent during the 2022-26 forecast period, according to a recent report by research and advisory firm Technavio. Growth is being driven primarily by the introduction ...
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News briefsTennis-Point hires Stefan Salzer as managing director
The German tennis and running equipment retailer Tennis-Point has hired Stefan Salzer as its new managing director. He will be working alongside company founder Christian Miele to lead the European growth of the company in existing markets and new business lines, focusing on strengthening stability and scalability in the company’s ...
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News briefsInaugural Padel Expo Sweden with 3,300 visitors
The inaugural edition of Padel Expo Sweden, held on Sep. 16-18 in Stockholm, drew 3,300 visitors (exhibitors excluded), Anton Erlandsson has told CMDsport. This is less than expected for Erlandsson, who heads up Event, organizer of this event and of Padel Expo Roma, scheduled for Jan. 20-22. The target was ...
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News briefsRoyal Padel thriving despite standstill in the market
The chief executive of Royal Padel, Rafael Tarradas, has made twin declarations to CMDsport: for one thing, the European pádel market has ground to a halt; for another, sales for his own brand have taken off since September, thanks to customers from outside Spain. Barcelona-based Royal Padel enjoyed a 25 ...
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ArticleNorth America gets its first pro pádel league
A professional league, called Pro Padel League (PPL), has emerged in North America as the world’s fastest-growing or most ambitious racquet sport. The league is set to begin broadcasting matches to some 75 million households with the start of its inaugural season in March 2023. PPL was founded in 2021 ...
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News briefsPadel Expo Sweden to make its debut
Some 153 brands will be attending the inaugural edition of Padel Expo Sweden this Sep. 16-18 in Stockholm, according to the Clúster Internacional del Pádel (CIP). Of these 33 will be Spanish and 31 associated with the CIP, which will have a stand of its own. Unlikely to be present, ...
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News briefsJoma partners with the Serbian Tennis Federation
Spanish sportswear brand Joma has announced a new sponsorship agreement with the Serbian Tennis Federation. The deal involves athletes in all categories. The Serbian Tennis Federation will wear Joma uniforms for the first time at the Davis Cup 2022 in Valencia, starting on Sep. 13. Serbia won this tournament in ...
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News briefsCallaway completes name change
Source: Topgolf Callaway Brands Corp. New name and logo On Sep. 6, 2022, Callaway Golf Company changed its corporate name to Topgolf Callaway Brands Corp., as previously announced, pursuant to a certificate of amendment to the company’s second restated certificate of incorporation filed with the Delaware Secretary ...
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News briefsNike releases new ad to celebrate Serena Williams’ legacy
Following Serena Williams’ loss at the U.S. Open singles tournament on Sep. 2 and her retirement from tennis, Nike released a 60-second clip the following day to celebrate the athlete’s legacy. The new ad is titled “By Changing Nothing, She Changed Everything” and features guest voiceover narration from U.S. actress ...
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News briefsBiodegradable Golf Balls for a more environmentally friendly golf sport
Source: Biodegradable Golf Balls Biodegradable golf balls, 24 pack Every year, several hundred thousand golf balls disappear from golf courses around the world. In most cases, they find their way into our oceans, lakes and waterways. This is a bigger problem than the public realizes, as these ...
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News briefsNike drapes Williams in diamond-studded outfit at US Open
Source: Nike PE NikeCourt Flare 2 for Serena Williams’ US Open participation Serena Williams is wearing a special outfit at the US Open in New York, which is set to be the last tournament of her career. Inspired by figure skating apparel, the outfit incorporates a crystal-encrusted ...
