All Article articles – Page 34
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ArticleSaucony parent completes first turnaround strategy
Merrell and Saucony parent Wolverine, in reporting Q4 and FY24 results, said the first phase of its turnaround strategy, with its cost cuts and margin expansions, is complete.
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ArticleWorld Athletics discussing transgenderism
The governing body has opened a consultation with stakeholder, due to end in early March.
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ArticleEurobike in transformation for the 2025 show
Eurobike 2025 will have an adventure area and support from Scandinavia.
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ArticleModest FY revenue growth at Forum Sport
Spanish generalist sports retailer Forum Sport generated revenues of €123.6 million for the full year ended on Jan. 31, as CEO Diego Llorente tells CMDsport.
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ArticleSaudi Arabia to host first Olympic Esports Games
The first edition of the Olympic Esports Games, a landmark event for both the world of esports and the Olympic Movement, will be held in 2027 in Riyadh, Saudi Arabia.
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ArticleLouis Vuitton also enters the Formula 1 world
The luxury brand has signed a 10-year agreement to place the brand at the heart of Formula 1.
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ArticleAsics’ FY operating income hits record high
The running business was helped by a focus on higher-end product and “significant” sales growth in Greater China and Southeast/South Asia. European sales increased by 10.9 percent to ¥99.8 billion (€624.5m).
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ArticleRemarkable FY 2024 at Grupo Padelpoint
Spain’s Grupo Padelpoint, with its various business lines, came close to doubling its annual revenue in full-year 2024, achieving growth of 93 percent, to €25 million, according to CMDsport.
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ArticleeVent Fabrics offers an entire range of PFAS-and PTFE-free laminates
eVent Fabrics is going PTFE- & PFAS-free by 2025—plus, their new ultralight stormburstLT sets a new standard for breathability & performance.
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ArticleMoncler continues double-digit DTC growth in 2024 as wholesale falls
Moncler Group, the Italy-based parent of the Moncler and Stone Island brands, saw full-year 2024 consolidated revenues increase 7 percent.
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ArticleCrocs Q4 2024 revenues up 3.1% to $990m
Crocs Inc. shares jump on strong DTC gains and growth inversion at HeyDude.
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ArticleShimano suffers drop in FY24 operating income
The Japanese group, citing weak sales of completed bicycles in several regions, reports a 22.2 percent drop in annual operating income to ¥65,085 million (€414.1m) for the 12 months ended Dec. 31.
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ArticleFenix Outdoor suffers 3.3% year-over-year sales drop
Fenix Outdoor International AG, despite some winter merchandise shortages and some credit problems with North and South American customers, reported an operating profit of €2.4 million against €0.4 million for the period ended Dec. 31.
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ArticleNike 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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ArticleGoldwin’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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ArticleXXL 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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ArticleSkechers 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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ArticleZalando 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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ArticleUnder 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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ArticleGoPro 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.
