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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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ArticleTopgolf Callaway Brands drops FY guidance, confirms Topgolf strategy
Operating income tumbled 54 percent to $33.7 million from $73.8 million for the three months ended Sep. 30.
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News briefsTopgolf Callaway Brands releases sustainability report
The document shows progress since the company’s inaugural report.
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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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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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News briefsTopgolf Callaway Brands has signed a multiyear agreement with Golf Saudi
Topgolf Callaway Brands Corp and Golf Saudi Entertainment, LLC have signed a multi-year partnership.
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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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ArticleTopgolf Callaway intends to split up the company
The Board of Directors at Topgolf Callaway Brands Corp. intends to split the business into two independent companies: Callaway and Topgolf.
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PDF NewsletterSGI Europe Executive Edition: Vol 35 - 32+33+34
Puma leaps up 2.1% in sales Q2 | Market Analysis: Global athletic footwear sales increase by 6.7 percent in 2023 | Under Armour begins rebuilding its ‘House’ amid Q1 loss | On reiterates FY outlook as EMEA accelerates in Q2 | Asics will hit FY26 targets early after blockbuster H1 | Amer Sports raises forecast, Ball & Racquet Sports sees moderate growth | VF Corp. optimistic that EMEA will spearhead Vans’ turnaround | Saucony making progress amid parent’s turnaround | Global footwear production fell 6% in 2023 | New executive leadership team for Scott Sports | New CEO at Intersport Austria | Deckers divests Sanuk | Fila Holdings’ Q2 profitability benefits from Acushnet | Topgolf Callaway explores strategic options and lowers FY outlook | GoPro plans cost cuts to achieve profitability by 2025 | New Q2 record for New Wave Sports, investment in US market launched | Mizuno’s Q1 operating income rises by 22 percent | HanesBrands taking a new direction sans Champion | Descente Q1 operating profit slips on higher costs | Golf balls and the US drive Acushnet in Q2 | Yonex Q1 operating profit swings 20 percent higher
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ArticleTopgolf Callaway explores strategic options and lowers FY outlook
The golf group Topgolf Callaway´s Q2 revenues slipped by 1.9 percent to $1.16 billion from $1.18 billion, negatively impacted by a reported 8.2 percent drop in Golf Equipment sales.
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