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News briefs
XXL to conduct an underwritten rights issue to secure €60 million
2024-11-14T17:35:00Z
The company says that the issue is fully secured and that it has also agreed with lenders to extend its loan facilities.
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News briefs
XXL has returned with a new Swedish store
2024-09-23T19:58:00Z
XXL is back in Sweden’s eighth-largest city after implementing its new business strategy, which includes smaller premises.
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News briefs
Norwegian sports chains see 9.5 percent sales decline in Q1 2024
2024-05-22T07:20:00Z
Sports chains in Norway, including XXL, Sport1, Intersport, Anton Sport, Löplabbet, Stadion, Obs!, and Stadium Outlet, reported a significant sales downturn in the first quarter of 2024, with revenues dropping 9.5 percent compared to the same period in 2023, totaling 2.7 billion Norwegian kroner (€233.2 million). The decline is attributed ...
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Analysis
The world’s biggest sports retailers
2023-12-22T19:17:00Z
Our annual analysis of the world’s largest sports retailers has the revenue of 50 companies and ranks their growth compared with last year.
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News briefs
XXL facing NOK 140 million tax bill
2023-06-19T10:21:00Z
XXL ASA has received a reassessment from the Norwegian tax authorities relating to the group’s international transfer pricing model, leaving it owing nearly NOK 140 million. In its reassessment, the Norwegian tax authorities have increased the taxable income of XXL Sport and Villmark AS for 2015–2018, resulting in additional tax ...
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News briefs
Head of XXL Norway to step down next May
2022-12-15T15:14:00Z
Source: via Norsk Sportsbransjeforening Stine Trygg-Hauger Stine Trygg-Hauger will step down as managing director of XXL Sport & Villmark in May 2023. At the same time, the new XXL group CEO Freddy Sobin will take over from Pål Wibe, who stepped down earlier this year. Trygg-Hauger has ...
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PDF Newsletter
SGI Europe Executive Edition: Vol 32 - 47+48
2021-11-25T13:31:00Z
Winners and losers in globally flat retail | ISPO Munich is moved to November | Supply chain issues move fairs forward | Yue Yuen’s growth stopped in Q3 | China’s Topsports sees lower sales | Foot Locker grew by 3.9% in Q2 | On sees growth slowing down | ABG shelves IPO plans | Austria imposes a general lockdown | Alpine ski facilities not yet closed | Outdoor shoes outperform athletic, casual
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Article
Analysis: The world’s major sports retailers
2021-11-24T18:18:00Z
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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PDF Newsletter
SGI Europe Executive Edition: Vol 32 - 39+40
2021-09-30T16:43:00Z
A 10.8% drop in sports apparel in 2020 | Nike cuts guidance on supply chain woes | Nike works with fewer retailers in Spain | Skechers adjusts prices | iFIT seeks $6.7bn valuation | Rossignol to focus on mountain sports | Winter sports industry warns about Covid | Warnings about the economic recovery | European Outdoor Summit to be integrated into ISPO Munich
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News briefs
Driven by DTC and online, Norway’s sporting goods market grew by 16.5% in 2020
2021-09-21T17:52:00Z
While exceeding 10 percent, the growth in Norway’s sporting goods industry from 2019 to this past January was too low – or so says Trond Evald Hansen of the Norwegian Sports Industry Association. Hansen’s calculations are more comprehensive than those compiled by various organizations in some other countries, as they ...