All Article articles – Page 4

  • Chief Product Officer Puma

    Maria Valdes: Diversity, equity and inclusion are core values for a brand’s success


    Puma’s Chief Product Officer talks in an exclusive SGI Europe interview about overcoming biases in the sporting goods industry.

  • Image by jcomp on freepik - International Women's Day 2024

    International Women’s Day: Sport is making progress and still has a long way to go


    Women have gained more visibility and relevance in sports, but what impact does this have?

  • Google-Puma Cloud

    Puma partners with Google Cloud to enhance online retail experience


    Puma has announced a collaboration with Google Cloud aimed at enhancing its online retail operations worldwide. The partnership will leverage Google Cloud’s data, analytics, and AI solutions to optimize the online shopping experience for Puma’s customers. Key aspects of the collaboration include migrating Puma’s e-commerce ecosystem to Google Cloud, which ...

  • Amer_Sports_Logo.svgz

    Amer Sports expands ski and binding production in Europe


    Amer Sports is increasing its annual production capacity through investments in Europe to enable its brands to grow further. The group said a new Nordic ski factory is nearing completion in Bulgaria, while preparations have begun for an alpine ski binding factory in Romania. The new ski factory will ...

  • Kari Traa campaign

    Empowering women in sports: Insights from Kari Traa’s GM


    Discover how Kari Traa’s General Manager navigates gender equality, community-building and the empowerment of women.

  • foot-locker_416x416

    Foot Locker delivers tepid outlook, delays Ebit margin objective


    Foot Locker shares suffered a major setback after the group reported a whopping Q4 net loss of $389 million, outlined weak FY24 guidance, and delayed its Ebit margin range goal of 8.5-9.0 percent by two years until 2026. The news sent FL shares tumbling more than 29 percent, or $10.07, ...

  • Amer_Sports_Logo.svgz

    Technical apparel will fuel Amer Sports’ growth in FY24


    Thirty-four days after raising $1.365 billion in an NYSE IPO, Amer Sports conducted its first earnings call as a public company yesterday. While the Arc’teryx, Salomon and Wilson parent delivered Q4 revenues some $20 million above expectations, the quarterly loss was wider than expected. Amre’s shares finished the trading day ...

  • Acushnet-Company-logo

    Acushnet pleased with golf’s resilience across the EMEA


    Acushnet Holdings, the Titleist, FootJoy and Kjus parent, is impressed with golf’s resilience across the region, particularly in the UK, despite experiencing a 1.4 percent constant-currency decline in FY23 EMEA sales to $314.7 million when up against 20 percent growth in FY22. In Q4, the group’s EMEA sales dropped by ...

  • Large-BowFlex_TM_R_Logo_Black_RGB

    Bowflex files for bankruptcy protection, reaches stalking horse agreement


    Bowflex Inc., the publicly traded fitness company, which rebranded itself from Nautilus, announced on May 3 that it has entered into a purchase agreement with Johnson Health Tech Retail, Inc. to serve as the stalking horse bidder to acquire substantially all of the assets of the company for $37,500,000 in ...

  • OOSC-

    OOSC Clothing secures £1.4m export finance deal to fuel global expansion


    Skiwear brand OOSC Clothing has secured a substantial £1.4 million (€1.64m) export finance package courtesy of HSBC UK, in collaboration with the UK Export Finance (UKEF) agency. The objective of this significant deal is to bolster OOSC’s presence in key global markets, including the European Union, the US, Canada, Australia, ...

  • Philipp Plein

    Plein Sport: Luxury designer Philipp Plein targets mass market


    Philipp Plein is considered the “King of Bling” with his Plein Sport line and sets his sights on the mass market.

  • JLindeberg

    J.Lindeberg steps into golf shoe market


    Golf, a sport steeped in tradition with roots tracing back to the 1800’s, has always upheld strict standards, particularly when it comes to attire. However, a significant shift in golf fashion occurred around the year 2000, leaving an enduring impact on the sport’s sartorial landscape. Leading the charge was the ...

  • REfurbed

    Refurbed expands into the second-hand sporting goods market


    Founded in Vienna in 2017, the Refurbed scaleup has already established itself in seven European markets, including Austria, Germany, Sweden and Italy, by reselling reconditioned second-hand technology, especially computers, tablets and smartphones. At the end of 2022, the marketplace also began offering reconditioned city bikes and e-bikes in Germany, followed ...

  • alexander-smagin-B_F3hj-Z_Sc-unsplash

    A new player emerges in the Russian sporting goods market


    Stadion, a company recently registered to sell sporting goods and athletic apparel in Russia, targets to start opening its first brick-and-mortar stores in 2024. Analysts believe that the declared plans mean that the Russian market is still in the transition phase. At the end of 2023, the Russian state ...

  • 1200px-Moncler_logo.svgz

    Moncler Group’s FY23 Ebit increases by 15 percent


    In its 10th year as a public company, Moncler Group, the Milan-based luxury group generated 15 percent Ebit growth to €893.8 million from €774.5 million on a 15 percent consolidated revenue increase to €2.98 billion from €2.6 billion.

  • Asics Study women 2024

    Asics unveils study on women’s physical activity and gender gap in exercise


    Asics has released the results of what it claims is “the largest study ever conducted on the gender exercise gap.” The study, titled “Move Her Mind: Closing the Gender Exercise Gap – Study Report 2023” and unveiled to celebrate the upcoming International Women’s Day on March 8, explores the barriers, ...

  • Sport-2000-logo

    YouGov customer loyalty ranking 2024 Germany: Sport 2000 at the forefront


    The latest German Customer Loyalty Ranking 2024 by market research company YouGov in collaboration with the Handelsblatt newspaper reveals the rising stars of the year in terms of customer loyalty across 33 categories. Sport 2000 came out on top in the overall ranking with an increase of 12.8 percentage points ...

  • IMG_4908 Groß

    Puma CEO Arne Freundt: “Puma is the challenger in sports and sports culture”


    Puma is facing a crucial year in a difficult market environment. Sharpening the brand profile and raising consumer awareness in two difficult markets is key for the brand in 2024.

  • PUMA_Logo_Standard-No1

    Puma expects business headwinds to persist in H1 of 2024


    Puma, citing ongoing geopolitical and macroeconomic headwinds and currency fluctuations to continue for at least H1 of 2024, is forecasting mid-single-digit, currency-adjusted sales growth this year and a corresponding operating profit of €620 million to €700 million this year. The predicted Ebit range represents flat to 12.7 percent year-over-year growth ...

  • daniel-prado-2COX4tG0tc0-unsplash

    A bright future for pickleball in Spain?


    The head of pickleball for the Catalunya Tennis Club’s Meeting Cup, Lluis Riba, wore a prognosticator’s cap for his recent chat with CMDsport, saying that 2027 will be the year of pickleball in Spain. Like pádel before it, he said, pickleball is in a position to save struggling tennis clubs, ...