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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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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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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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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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Brooks Running made a 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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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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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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Online repair portal launched by Gore-Tex
Gore-Tex launches an online repair portal in the UK, powered by United Repair Centre. The portal offers high-quality repairs for damaged gear.
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The Winter Youth Olympic Games 2028 will be held in the Italian Alps
The IOC has chosen Dolomiti Valtellina as host of the 5th edition of the multisport event.
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Stefano Saccone to become Peak Performance President in April
The current CEO of Woolrich will be taking over from Sara Molnar as the new President of Peak Performance on April 1.
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Columbia reports a 21% gain in operating income FY24
Columbia Sportswear plans to revamp marketing, review costs and expand globally to counter a challenging FY24.
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Intersport Voswinkel’s report of 2024, plans for growth in 2025
Intersport Voswinkel invested over €4 million in its first full year after being acquired by the Cisalfa Group, modernizing and opening 15 new stores, creating 60 new jobs.
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Trump orders begin to affect US ‘de minimis’ policy
Trump has signed three Executive Orders affecting the ‘de minimis’ exemption, which includes products that are from Mexico, Canada or China.
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Mizuno USA suffers data breach
Mizuno Corp. has announced that in the fall of 2024, the company was subjected to a hacker attack.
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Perfect Moment names Jane Gottschalk as new president
Perfect Moment appoints co-founder Jane Gottschalk as its new President and hires former Canada Goose executives to drive growth in the ski apparel market.
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Latest on Trump’s first 30 days: Panama will not renew Belt and Road deal
The isthmus country appears to be reorienting its foreign policy.
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Reports: Castore considers eventual IPO
The decade-old UK sportswear brand, led by sibling founders Tom Beaton and Phil Beaton, is reportedly considering an eventual initial public offering (IPO) for the business.
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Allbirds releases the first ever net-zero carbon shoe
The world’s first net-zero carbon shoe is the M0.0NSHOT Zero by Allbirds.
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Melanja Korošec appointed new SVP at KJK Sports
The owner of Elan, Tahe Outdoors and Baltik Vairas appointed Korošec to drive innovation and global growth across its sporting goods brands.
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Shein says it conducts 2 million product safety tests annually
Fast-fashion giant claims commitment to safety and sustainability, but questions remain.