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PDF NewsletterSGI Europe Executive Edition: Vol 35 - 46+47
Fueled by technical apparel segment, Amer Sports reports strong Q3 | Saucony eyes easier sales comparisons, expanded US distribution in 2025 | Analysis: The latest inventory levels in the sporting goods industry, Q2 2024 | Asics’ momentum continues, moving HQ in 2028 | Under Armour’s turnaround strategy taking shape | On Holding’s Q3 results impacted by currency effects | Fila Holdings delivers 1 percent operating profit gain in Q3 | Mizuno H1 operating profit up 20 percent, maintains FY outlook | GoPro’s ‘challenging year’ continues in Q3 | Canada Goose results impacted by weak DTC comps | Allbirds lowers operating loss as turnaround moves forward | New Wave expects ‘a few more challenging quarters’ as sports & leisure Q3 sales flatline | Acushnet sales up in Q3, but profit dips | Topgolf Callaway Brands drops FY guidance, confirms Topgolf strategy | Golden Goose’s sales rise by 12% at constant exchange rates | Perfect Moment reviewing its European distribution strategy | Yue Yuen posts strong manufacturing but weak retail results | Yonex lifts FY outlook after strong H1 | Alpargatas turns Q3 profit as international, Rothy’s improve strongly | Thule buys market leading niche company for €310 million | XXL to conduct an underwritten rights issue to secure €60 million | UN resolution acknowledges sport as an enabler of sustainable development | Guillaume Meyzenq to be Salomon’s new President and CEO
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News briefsSkechers builds 200,000 sqm distribution center to support European expansion
The center will allow Skechers to increase the volume of goods shipped to Europe and the future expansion in the region.
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PDF NewsletterSGI 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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ArticleSkechers sees rebound in India, stumbles in China in Q3
Overall, Skechers’ revenues in the third quarter rose by 15.9 percent to reach $2,347.7 million.
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ArticleTopsports’ H1 revenues, profit tumble
Greater China’s top Nike and Adidas retailer saw sales, profit and gross margin fall in the six months to August 31.
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PDF NewsletterSGI Europe Executive Edition: Vol 35 - 38+39
Nike has a new CEO | Analysis: The top sporting goods industry performers by sales and profit in Q2 2024 | Global sports apparel decelerated in 2023 for third consecutive year | Frasers aims to become the largest sports retailer in Benelux | Footway has sold Footway+ and halves its net debt | EU court upholds big Google fine | PSG and Snipes announce partnership | Intersport in partnership with EA Sports FC 25 for the first time | Olympic hype drives growth in Chinese sporting goods | B Corp certification secured for Bollé Brands | Private Sport Shop receives B Corp label | The footwear production in Italy continues to decline | Golden Goose H1 sales up by 12% driven by DTC | Rockport is sued by Skechers for alleged patent infringement | Manchester United posts loss amidst record revenues | Adidas opens two flagship stores in upcoming American Olympic city | LIV Golf announces five new team General Managers | Riddell faces patent suit over helmet technology
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AnalysisAnalysis: 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.
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ArticleRockport is sued by Skechers for alleged patent infringement
Skechers’ utility patent claims protecting innovations associated with its slip-in footwear technology.
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PDF NewsletterSGI Europe Executive Edition: Vol 35 - 35+36+37
Under Armour revises FY outlook | Topgolf Callaway intends to split up the company | Foot Locker to close or relocate stores due to declining results in Q2 | Foot Locker customer prioritizes discretionary spending on footwear | Hummel outfits new big team and sets German record | Intersport Sweden gets new owners | Premiere for XXL’s new concept as chain opens new department store | Norway’s largest sports retail chains recorded a 3.8% decline in sales in Q2 | Puma has a new Senior Vice President Group Sourcing | New Head of Wholesale Central Europe for Ecco | New features for Google Chrome | Desport returns Decathlon goods to Russian store shelves | Lululemon drops FY outlook on more ‘cautious consumer landscape’ | Macron enters another new national sponsorship agreement | Two Shein suppliers used child labor in 2023 | Anta Sports reports flat H1 operating profit despite 14% sales growth | Xtep Intl. moving forward with three-prong strategy in China | Decathlon invests €100m to expand presence in India | Globe eyes stronger sales outside Australia in FY25 | Fresh relaunch of Elho and its Freestyle collection
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News briefsFrasers Group expands into Australia and New Zealand
The expansion follows the acquisition of a significant stake in the Accent Group.
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