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Anta Sports buys Jack Wolfskin from Topgolf Callaway
The sale will make Topgolf Callaway focus on its core business of golf, CEO Chip Brewer said.
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Tariff turmoil: How the sports and outdoor industries in the US are bracing for impact
From Salomon to Snowsports Industries America (SIA): Here’s how the US industry feels about Trump’s tariffs.
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Arc’teryx drives Amer Sports’ success
With its outdoor brands Arc’teryx, Salomon and Peak Performance, Amer Sports increased its sales and even overtook Adidas in share price. Here is our financial analysis.
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SGI Europe Executive Edition: Vol 36 - 12+13
Nike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’ | Anta Sports’ FY24 operating profit grows nearly 51 percent | It took 131 years – Kirsty Coventry becomes IOC’s first female President | Fila Holdings reports FY24 sales up 3%, rebrands as Misto | How Puma CEO Arne Freundt plans to regain investor confidence | Frasers Group to make second mandatory offer on XXL | Klarna files for IPO in New York | Decathlon Germany to open stores at Galeria locations | Decathlon joins the CDP A-List for its climate efforts | Tariffs and more from the US Treasury’s perspective | Puma replaces Nike as official matchball supplier to Premier League | Adidas and Bundesliga back in official matchball partnership | Havaianas partners with super model, flip-flop market to reach $5.38bn in 2030 | Perfect Moment brings F1-speed to the slopes | Former Nike GM becomes Rip Curl’s new CEO | Foot Locker has a new President | Brash new brand of sports apparel rises in the US | Bundesliga and Infront in collaboration for media rights in nine countries | Zumiez posts Q4 operating profit, but cautious on FY25 view | Xponential Fitness loss widens; restates 2023 financials | Inditex’s sales slow down in the opening weeks of fiscal 2025 | Grupo SBF’s adjusted Ebitda improves by 27% in FY24 | Xtep Intl. realigns strategy, raises FY operating profit by 9.3 percent
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Salomon appoints former Nike designer as its new Global Brand Creative Director
Former Nike designer Nick Parkinson has been appointed Salomon’s new Global Brand Creative Director.
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Sportsshoes.com celebrates 150,000 app downloads
Sportsshoes.com’s app, launched in August 2024, has been downloaded 150,000 times. The retailer has a turnover of £90 million (€107.7m), with expansion plans to enhance the online retail experience for customers. The app also serves as a platform for customer engagement and to support the wider athlete community. In the ...
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SGI Europe’s IOC election series: Johan Eliasch – The expatriate
The former owner and CEO of Head holds degrees in both economics and engineering from Stockholm University and the Royal Institute of Technology.
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Yue Yuen reports improved FY results on manufacturing rebound
The globe’s largest manufacturer of footwear posted a 47 percent increase in FY24 Ebit to $572.1 million versus $390.2 million for the 12 months ended Dec. 31.
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Arc’teryx delivered over $2bn in FY24 revenues for Amer Sports
A financial turning point in Amer Sports’ journey occurred in Q4. Arc’teryx is still the strongest brand in Amer’s portfolio.
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SGI Europe Executive Edition: Vol 36 - 1+2+3
JD Sports warns on profit again as rivals discount stock | Analysis: 2024 Global Sporting Goods Industry Stocks Slip Lower in 2024 | On eyes younger consumers and new markets | XXL can finally move forward – rights issue raising €60m secured | E-com giant makes a big AI investment and 10% of staff has to leave | Addias has signed with a 33-year-old tennis pro | Zalando report highlights its impact on European economy | Adidas takes up racing battle with Puma – joins F1 team | Castore partners with its third F1 team | Burton hires two new female executives to drive growth | Blue Tomato has opened its 90th store | Holiday online shopping sets new record in the US – sporting goods up big | Over 9% decline in Italian footwear sales expected by 2024 | Desport is on the fast track to complete the last Decathlon project in Russia