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AnalysisAnalysis: The top sporting goods industry performers by sales and profits in Q4 2024
Seven firms reported one-time charges of at least $10 million, offset by VF Corp., Wolverine Worldwide, Foot Locker, and Zumiez, who were overlapping large end-of-year write-downs. Excluding Topgolf, year-over-year Equipment RoS improved from a 3.8 percent year-on-year decline to essentially flat. Diversified/Retail is Q4’s strongest segment. Year-over-year RoS rose to ...
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ArticlePuma opens first European flagship store on iconic shopping street
The 2,200-square-meter store is located on a London shopping avenue, Oxford Street, among such competitors as Asics, Adidas and Champion.
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PDF NewsletterSGI 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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ArticleFoot Locker has a new President
Franklin R. Bracken, at the company since 2010, has been named President, effective immediately.
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ArticleHow Puma CEO Arne Freundt plans to regain investor confidence
These are the strategic cornerstones for Puma in 2025.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 10+11
Adidas adopts cautious view on FY25; turns Q4 operating profit | Puma taking steps to improve profitabilty, stature | Foot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25 | On’s momentum continues, eyes more than €3bn in FY25 sales | Zalando’s revenues up 4-9% in 2025 | XXL CEO: ‘2025 is the year we return to growth’ | E-commerce is key growth driver for Vulcabras | Yue Yuen reports improved FY results on manufacturing rebound | Allbirds banking on new assortments, initiatives to fly high again in late 2025 | Acushnet Q4 sales increase benefits from higher ASPs | Globe reports softer H1 sales | Frasers forms ten-year partnership with GMG to launch Sports Direct in MENA | Sneakersnstuff’s new, German owner with old founder back at the rudder | IcanIwill opens its first store | Puma x Saysky running collection sends clear message to competitors | Adidas replaces Nike as Liverpool kit partner for €357m | Outlook – How Adidas seeks to become a healthy company again | A balancing act for the industry – WFSGI and McKinsey report of 2025 | Target in partnership with Champion and will go for $15bn+ in sales growth by 2030 | Trouble continues at Manchester United | Baltic sporting goods market holding its breath as Decathlon increase its presence in 2025 | ESPN to drop MLB next year | International Running Expo opens for visitor registration | Fútbol Emotion makes a move in Italy
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ArticleWomen in leadership in the sporting goods industry 2024
Women in sporting goods leadership are making gains, but progress is slow. Our 2024 report reveals where the industry stands—and what still needs to change.
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ArticleFoot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25
The group will do another 300 store refreshes (following 400 in 2024) and 80 additional “Reimagined” doors.
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ArticleOn’s momentum continues, eyes more than €3bn in FY25 sales
Regionally, the EMEA, lapsing the final year-over-year comparison from strategic store closure in FY23.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 6+7
Can Elliot Hill ‘swoosh’ Nike back to the top and does the company have another Jordan in its portfolio? | Under Armour’s operating income in Q4 slipped by 81% | Intersport Voswinkel’s report of 2024, plans for growth in 2025 | XXL revenues contracted 1.8% in Q4 | Skechers delivers record annual sales in FY24 | Fenix Outdoor suffers 3.3% year-over-year sales drop | Canada Goose delivers higher operating profit, lower sales in Q3 | Columbia reports a 21% gain in operating income FY24 | Brooks Running achieved sales growth of 228% in China 2024 | H&M’s Q4 lifted 3% but many store closures are expected in 2025 | Mizuno posts record sales and 16.5% growth, fueled by soccer and lifestyle footwear | New Wave posts higher sports & leisure profits, sales in Q4 | GoPro reports another loss, cuts costs by 30% | Perfect Moment names Jane Gottschalk as new president | Goldwin’s nine-month operating profit slips | Zalando recruits five key persons, two SVP and one CFO | Melanja Korošec appointed new SVP at KJK Sports | Elan Central Europe gets a new General Manager | Shein says it conducts 2 million product safety tests annually | Peloton Interactive lifts guidance as Q2 loss narrows | After strong fiscal Q3, Deckers Brands raise full-year guidance | Nike scores mixed feedback from NFL Super Bowl ad | Stadium closes another store in its home market
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