All Article articles – Page 35
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ArticleMizuno 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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ArticlePeloton 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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ArticleNew 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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ArticleBrooks 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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ArticleCanada 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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ArticleElan 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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ArticleH&M's Q4 lifted 3% but many store closures are expected in 2025
H&M’s net sales in the fourth quarter, ended Nov. 30, amounted to SEK 62.193 billion (€5.42bn), down from SEK 62.650 billion a year earlier. In local currencies, net sales increased by 3 percent.
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ArticleColumbia 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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ArticleIntersport 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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ArticleTrump 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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ArticlePerfect 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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ArticleLatest 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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ArticleAllbirds 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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ArticleMelanja 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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ArticleShein says it conducts 2 million product safety tests annually
Fast-fashion giant claims commitment to safety and sustainability, but questions remain.
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ArticleCan Elliot Hill ‘swoosh’ Nike back to the top and does the company have another Jordan in its portfolio?
In a recent interview with Fortune magazine, Nike CEO Elliot Hill had plenty of opportunity to talk about Nike’s fall and how he believes it is returning to the top. It all became a long talk of the need for innovation and new Nike icons.
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ArticleHaglöfs one of many who recruits from H&M
The sports industry keeps recruiting key talent from fashion giant H&M.
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ArticleStadium closes another store in its home market
Swedish retailer Stadium closes one more store in the south of its home country. Rising rent costs are said to be the cause.
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ArticleAfter strong fiscal Q3, Deckers Brands raise full-year guidance
Ugg and especially Hoka posted significant increases in sales.
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Deloitte releases new edition of its Football Money League report
The report, now in its 28th edition, highlights record cumulative revenues of €11.2 billion for Money League clubs in 2023/24.
