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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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AnalysisAnalysis: The latest inventory levels in the Sporting Goods Industry, Q2 2024
Our latest analysis examines industry inventory levels across 32 leading sporting goods companies for the period closest to June 30.
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ArticleUnder Armour’s turnaround strategy taking shape
With Kevin Plank in the lead Under Armour is gaining speed. In Q3 the company reports a 24 percent increase in Q2 operating income to $173.1 million from $139.5 million for the period ended Sep. 30.
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ArticleVulcabras’ profit rises 35 percent in Q3
The Brazilian footwear group’s Ebitda margin expanded by 90 basis points to 25.1 percent for Q3. The company’s gross margin inched up by 20 basis points to 43.1 percent from 42.9 percent.
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PDF NewsletterSGI 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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News briefsAnother American ski resort acquired by a company
Another American ski resort has been acquired by a company and the trend of corporate ski mountain takeovers continues.
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News briefsOberalp and Under Armour partner for Swiss distribution
The Italy-based group has become the exclusive distributor for Under Armour in Switzerland.
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ArticleThree sports companies on the Forbes list
When Forbes business magazine published its annual list of the World’s Best Employers, three sports companies were among the top 50. Almost.
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ArticleFrisk's Reju opens its first textile regeneration center
The French textile regeneration specialist launched its first textile-to-textile regeneration hub in Frankfurt, Germany, targeting polyester waste recycling.
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News briefsPeak Performance enters US market with e-commerce platform
The Swedish outdoor brand launches in the US with its 2024 ski collection and a dedicated e-commerce platform.
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