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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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Anta Sports updates on Q3 results
The sales of Anta Sports recorded a mid-single-digit, year-over-year sales increase in the period ended Sept. 30.
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SGI 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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Anta Sports reports flat H1 operating profit despite 14% sales growth
The Chinese group sees profit and sales growth despite flat margins, driven by strategic retail expansion and strong performance across all brands.
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Short Stops Week 32, 2024
MARKETING +++ Macron has announced a multi-year partnership with the German Motorsport Federation (DMSB), which will see the Italian sportswear brand supply the DMSB with team clothing +++ OBITUARIES +++ Eric Pont, co-founder of French firm Synergie73, the creators of the Skilou ski rental management software, has died ...
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SGI Europe Executive Edition: Vol 35 - 28+29
Adidas raises FY forecast after better-than-expected Q2 | Footway Group Q2 report and announces sales of Footway+ | XXL Q2 sales disappoint, but signs of improvement in Sweden, Norway | After disappointing Q2 report – XXL’s CEO: “We will cut more in 2024” | Essilux steps out of line and acquires Supreme, and a med-tech company | Decathlon sets up new business entity for investments in future-oriented companies | Apparel manufacturer Hi-Tech Apparel acquires British software company Unmade | Brussels to close tax loopholes exploited by Chinese marketplaces | Anti-synthetics group forms in US Congress | Sanctions hamper Chinese sporting goods export to Russia | Indian fabric supply chain startup raises $1.6m | Decathlon leaves Sweden, replaced by Swedish giant | On with first robot-made spray-on shoe | Ryder Cup 2023 reportedly generated €262m for the Italian economy | The NBA’s winningest team is for sale | Michael Johnson launches new athletics league
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Strong Q2 for Anta Sports
The Board of Directors of Chinese sportswear giant Anta Sports announced that its core brand Anta’s sales grew in the high single digits in the second quarter. Retail sales of the Fila brand, which it jointly owns in China through a joint venture with Fila Korea, also did not lag ...
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Chinese Olympic medal winners to wear climate-neutral outfits from Anta
Chinese sportswear brand Anta, which is also an official partner of the Chinese Olympic Committee, has unveiled the outfit that the Chinese delegation will wear at the medal ceremonies during the upcoming Olympic Games in Paris. Anta, part of publicly listed Anta Sports, which also includes brands such as Arc’teryx, ...
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SGI Europe Executive Edition: Vol 35 - 15+16
US sporting goods imports decline sharply in Q1 | Court approves BowFlex purchase agreement | Decathlon’s global revenue surges by 4.4% to €15.6 billion | Superdry unveils restructuring plans amid financial struggles | “Biggest marketing investment ever”: Puma launches brand campaign | Climate responsibility rating: H&M and Inditex are better than Nike and Adidas | Asics study reveals link between teenage exercise and adult mental wellbeing | More trouble with uniforms for Nike, Adidas ends partnership with Parley for the Oceans | Decathlon France raised revenues | focused on circularity in FY23 | Lululemon unveils Team Canada’s kit for Paris 2024 | Protest supports NGOs and initiatives that ‘help everyone ride more’ | Agilitas Sports appoints former Adidas Design Director as VP Footwear Design | Asics presents new Nimbus Mirai as its “most circular shoe ever” | Change of Iberian plans for Sprinter, Sport Zone
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Anta Sports provides Q1 update
Chinese group Anta Sports, which sells the Anta, Fila, Descente and Kolon Sport brands, has updated its Q1 results. The company said Anta branded sales rose by a mid-single digit in the period that ended March 31. Q1 Fila brand sales increased by a high single digit. Meanwhile, year-over-year retail ...