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SGI Europe Executive Edition: Vol 35 - 44+45
Adidas Q3: Ready to deliver revenue growth of 10% | Puma maintains FY24 outlook as Q3 sales rise in all regions | VF Corp.’s turnaround continues to take shape | Hoka continues to shine and makes Deckers raise guidance in better-than-expected Q2 | Garmin posts double-digit sales gains in all segments | Columbia Sportswear reports margin improvement despite sales decline in Q3 | Skechers sees rebound in India, stumbles in China in Q3 | Crocs cautious on FY sales outlook as Heydude recovery drags on, China growth slows | Fenix Outdoor reports mixed Results in Q3 | Vulcabras’ profit rises 35 percent in Q3 | Zalando reports solid growth in B2C and B2B in Q3 | XXL sees some recover in Sweden, reports another loss | Gildan sales outside North America increase by 20% in Q3 | Moncler nine-month sales rise by 6 percent | Topsports’ H1 revenues, profit tumble | Peloton beats Q1 guidance, hires new president and CEO | Leki and Hestra announce gear partnership | New partnership promotes transparency in tracing plastics recycling | Russian sporting goods market growth slows down
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Puma maintains FY24 outlook as Q3 sales rise in all regions
The Puma group continues to expect a mid-single-digit (ca) annual sales increase and an FY24 Ebit range of €620 to €670 million, flat to up 7.8 percent for the period.
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Wolverine Worldwide appoints new Active Group leader
Industry veteran Susie Kuhn has been appointed to lead Merrell, Saucony and Chaco brands, effective Oct. 28.
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Foot Locker steps into India
Foot Locker debuted in India on Nykaa and offline at Nexus Select City Walk in Delhi with its first store in the country.
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SGI Europe Executive Edition: Vol 35 - 42+43
Adidas lifts FY guidance after another strong quarter | Analysis: The world’s biggest sports retailers | Head is the number one tennis racquet choice in Europe | Three sports companies on the Forbes list | Cisalfa Group reports increased revenues for 2023/24 | Rottefella wins another patent victory against Amer Sports | Lululemon partnerships with Fanatics and NHL | Sprinter sees calm and growth after the storm | Ski Industry Climate Summit returns to ISPO Munich 2024 | Multi-year partnership between Foot Locker and the Chicago Bulls | Spanish footwear exports up in the first seven months of 2024 | Zalando raises its forecast for 2024 | EU finds fault with Fifa’s transfer protocols | Spain’s amateur padel league plans to span the world | Temu sued by Austrian trade association | Young Russian sporting goods brands struggle to take off | eBay expands Circular Fashion Fund globally
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Multi-year partnership between Foot Locker and the Chicago Bulls
Foot Locker has announced a multi-year partnership with the Chicago Bulls leading up to the 2024-25 NBA season.
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SGI Europe Executive Edition: Vol 35 - 40+41
Nike’s FY25 gets off on the wrong foot, with Hill ready to lead the climb back | Global sports equipment contracts by 7.2% in 2023 | New Danish running shoe brand to premiere in April 2025 | New CEO for Sport 2000 Austria | Intersport Spain is raising €8 million in capital | JD Sports interims beat forecasts but Nike woes worry investors | ISPO collaborates with CIFF to put focus on sports fashion | Brooks has opened on a new Asian market | Sport 2000 introduces multi-category concept in Europe | Intersport flagship stores to open in three German cities | Elevate Outdoor Collective promotes COO to CEO | Frisk’s Reju opens its first textile regeneration center | Jürgen Klopp returns to leadership position as Red Bull’s Global Head of Soccer | German leather goods industry suffers steep sales drop | Meta introduces Orion augmented reality glasses | Atomic publishes new Impact Statement | Former NBA champion launches own performance brand | Softer consumer sentiment continues to hamper KMD Brands | Intersport Austria reports stable performance | Vail Resorts lays off 14% of corporate staff following quarterly report | Gymshark expands outside Great Britain
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Foot Locker to launch omnichannel presence in India
The US retailer partners with Metro Brands and Nykaa Fashion for its omnichannel debut in the country.
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Ellesse is turning senior and celebrates with luxury
Italian sports fashion brand Ellesse celebrates 65 years in business with luxury sneakers.
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Analysis: The top sporting goods industry performers by sales and profit in Q2 2024
One-third of the companies – 15 in all – reported a net loss in the reporting period closest to June 30 in Q2 2024. Find out more with our latest scorecard.