All Sporting Goods Intelligence articles in Volume 36, Issue 6+7 – Page 2
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Article
Nike scores mixed feedback from NFL Super Bowl ad
Nike’s “You Can’t Win, So Win” ad during Super Bowl broadcast, did not land a decisive victory for the brand.
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Article
Goldwin’s nine-month operating profit slips
The Japanese group said warmer weather hurt sales of down jackets and other cold weather gear in October and November.
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Article
XXL revenues contracted 1.8% in Q4
Despite continued negative market developments in the Nordic sports and outdoor markets, the Group’s results are benefiting from a cost reduction programme.
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Article
Skechers delivers record annual sales in FY24
The FY24 results of Skechers are the company’s best ever in terms of sales, boosted by the footwear brands’ comfort-technology products.
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Article
Zalando recruits five key persons, two SVP and one CFO
Zalando is strengthening its management team to drive its expansion into a leading pan-European e-commerce ecosystem for fashion and lifestyle.
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Article
Under Armour’s operating income in Q4 slipped by 81%
“We’re dedicated to strengthening our brand with the understanding that this journey is not a sprint, but a marathon that requires resilience and thoughtful strategy,” President Kevin Plank told analysts.
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Article
GoPro reports another loss, cuts costs by 30%
Facing revenue declines and delayed product launches, GoPro slashes costs and refocuses on growth to regain profitability by 2026.
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News briefs
The NFL will play regular season games in Melbourne
This new multi-year commitment, part of the league’s ambition to accelerate international growth, will begin in 2026.
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News briefs
Jack & Jones introduces its first skiwear collection
The initiative has been driven by the brand’s French subsidiary.
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Article
Mizuno posts record sales and 16.5% growth, fueled by soccer and lifestyle footwear
Mizuno’s total nine-month revenues increased by 4.4 percent year-over-year to €1.11bn, fueled by 17 percent growth in soccer sales to €96.9m.
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News briefs
Cambodia’s footwear exports up 23% in 2024
In 2024, Cambodia’s footwear exports rose by 23 percent to $1.68 billion, according to the Ministry of Commerce.
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News briefs
Global footwear market expected to grow 4.2% a year to 2029
Over the period, the size of the market is expected to increase by $103.6 billion.
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Article
Peloton Interactive lifts guidance as Q2 loss narrows
The group, citing faster-than-expected operating expense reductions and greater confidence in full-year hardware sales, has raised its FY25 outlook for adjusted Ebitda and free cash flow.
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Article
New Wave posts higher sports & leisure profits, sales in Q4
The segment sales for the Swedish company´s sports & leisure unit rose by 7 percent to €350.9 million.
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Article
Brooks Running achieved sales growth of 228% in China 2024
Global expansion were the key words for Brooks in 2024. The Seattle-based company realized a 228 percent year-over-year sales growth rate in China in 2024 and expanded its U.S. specialty retail channel business by 19 percent.
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Article
Canada Goose delivers higher operating profit, lower sales in Q3
Operating income rose by 2.8 percent to C$204.3 million (€137.3m) for the period ended Dec. 29 as net income attributable to shareholders improved by 7.0 percent to C$139.7 million (€93.9m).
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News briefs
Odlo to sponsor World Championship in biathlon and Team Swiss-Ski
Odlo supports Team Swiss-Ski at historic IBU Biathlon World Championships in Lenzerheide
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News briefs
After US, Argentina to pull out of WHO
Argentina will be leaving the World Health Organization (WHO), president Milei has said, partly because he blames the organization for the Covid lockdowns.
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Article
Elan Central Europe gets a new General Manager
As the new General Manager for Central Europe, Bernhard Leichtfriedis tasked with expanding the presence of the Slovenian ski brand in Germany, Austria and Switzerland.
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News briefs
Foot Locker opens first new Kids Store format in NY
The store is 600 square meters and is located in the Bay Plaza Shopping Centre in the Bronx.
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