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Former Puma and Nike exec joins wearable tech brand
Hubertus “Bert” Hoyt, with 22 years at Nike, joins DBIO.
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SGI Europe Executive Edition: Vol 36 - 16+17
Intersport Int’l appoints new CEO | Anta Sports buys Jack Wolfskin from Topgolf Callaway | Adidas Q1 2025 results better than expected, sales up 13% | Frasers Group to open 100 new stores in New Zealand and Australia | Capri to sell Versace to Prada | Trump tariffs – reactions from around the sporting goods industry | Macron’s turnover in 2024 rose by 13.7% | JD Sports maintains FY25 guidance, details FY26 outlook | FIBO celebrates 40th anniversary with +150k visitors | Head to aquire classic diving brand | Shred and Catrade in distribution partnership | Ironman aims to increase female participation in triathlons | Ciele Athletics appoints first CEO | Shein, Temu to raise prices | Rip Curl’s third flagship store in Spain has opened | Nearshoring of a low-price product – Arena’s swimming goggle case
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JD Sports maintains FY25 guidance, details FY26 outlook
In its recently completed FY25, JD Sports posted organic revenue growth of 5.8 percent and profit before tax and adjusted items in line with its January guidance range of £915-£930 million (€1.06-1.09b).
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Puma 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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Short Stops Week 13, 2025
EVENTS +++ The men’s and women’s Tour de France 2027 will begin in the UK +++ FINANCIAL +++ The Professional Triathletes Organization (PTO) has announced that US-based Cordillera Investment Partners has made a $10 million investment in the PTO +++ CORPORATE +++ Sports technology firm Sportradar ...
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Nike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’
Nike moving with “focus and urgency,” but sets realistic outlook for complete turnaround.
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Dutch withdrawal provokes loss in Sprinter’s FY24
Overall revenue growth could not overcome one-off impairments.
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Baltic sporting goods market holding its breath as Decathlon increases its presence in 2025
However, the French giant’s regional investments may also be good news for local retailers.
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On’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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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