All Article articles – Page 24
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ArticleConsumer spending 2025 signals cooling growth and rising inequality
Global consumption continues to rise, but the pace is slowing. According to World Data Lab’s latest World Consumer Outlook 2025 (WCO#7), presented on May 15 alongside insights from a panel of chief economists, spending patterns are shifting regionally, demographically, and structurally.
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ArticleBjörn Borg rose 9.0% during Q1, shoes showed three-digit growth
The footwear segment improved threefold, growing by 208 percent, and sportswear by 13 percent compared with 2024.
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ArticleAmer Sports hikes FY25 guidance, will navigate import tariffs
The group’s Q1 operating profit rose 97% YOY to $214.2 million from $109.0 million on 23% revenue growth to $1,472.5 million from $1,192.5 million.
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ArticleNorwegian retail back on track, Q1 2025 shows growth
After fighting many economic challenges in 2023 and 2024, Norwegian retailers showed 3.6 percent growth in Q1 2025.
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ArticleSmall brand, big stride: Tapping into the power of running clubs
It’s no secret that brands love running clubs for brand activation. Here’s how to join the fun.
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ArticleAsics introduces four-legged ambassador to promote mental well-being
Asics has recruited Felix the Samoyed, one of Instagram’s favorite dogs, with 1.2 million followers.
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ArticleGrupo SBF’s adjusted Ebitda slips by 4.9 percent in Q1
The Brazilian group said it was pleased with the performance of its Centauro group in Q1.
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ArticleUncertain times: 'Radical acceptance' as management task
In this interview with a renowned professor, we explore what the sporting goods industry can learn from extreme athletes in crises.
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ArticleFoot Locker reports $363m loss in Q1
With the group’s $2.4 billion acquisition by Dick’s Sporting Goods slated to close in H2, Foot Locker has reported preliminary Q1 results.
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ArticleAsics’ Q1 operating profit up 32%, European sales up nearly 22%
The Japanese group generated more than ¥200 billion in quarterly sales for the first time.
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ArticleDick’s Sporting Goods is acquiring Foot Locker for $2.4bn
Dick’s Sporting Goods is acquiring Foot Locker for an equity value of about $2.4 billion.
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ArticleOn Holdings eyes FY25 growth rate of at least 28%
The Swiss group’s constant currency growth forecast for this fiscal year would push its reported net sales to at least CHF2.8 billion, or approximately €3 billion.
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ArticleLe Coq Sportif seems to be drawing buyers
The classic French brand is up for sale, and there are rumors of two potential buyers.
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ArticleChallenges remain as Topgolf Callaway's total revenues decline by 4.5%
Topgolf Callaway Brands accelerates its focus on cost management and value-driven initiatives.
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ArticleAmid ongoing challenges, Under Armour is working to reshape business
The group now focusing on elevated products, storytelling, better distribution, and a refined operating model.
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ArticleSustainable footwear: Running shoes that leave no footprints
How can running shoes be more sustainable? For example, by switching to bio-based and recycled materials, offering repair services, and ultimately setting up a complete recycling system. These running shoes are on their way.
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ArticleMizuno’s annual operating profit rises by 20%
The Japanese group said that group sales in Japan remained robust, and in Europe, soccer and sportstyle shoes fueled the region’s growth.
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ArticleHelly Hansen extends 40-year partnership
Helly Hansen and the Norwegian Sailing Federation extend their partnership to last 44 years – at least.
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ArticleIntersport Sweden, Intersport Denmark to merge
Intersport Sweden and Intersport Denmark have announced their merger into a unified Nordic structure.
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ArticleGoPro saw operating loss widen by 9% to $45.2m in Q1
GoPro faces persistent Asia-Pacific challenges as transformation proceeds but is focusing on lean operations and product launches.