All Article articles – Page 50
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ArticleYue Yuen experiences order book ‘normalization’
Despite that, the world´s largest footwear manufacturer has lower H1 sales.
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ArticleYonex Q1 operating profit swings 20 percent higher
The Japanese sporting goods company’s group sales rose 11 percent to ¥31,067 million from ¥27,992 million.
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ArticleSaucony making progress amid parent’s turnaround
Total sales for the brand under the Wolverine Worldwide umbrella fell by 28% in Q2 compared to the same period last year.
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ArticleMizuno’s Q1 operating income rises by 22 percent
The Japanese group reaffirmed its fiscal year outlook after reporting a 22% increase in operating income for the first quarter.
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ArticleAmazon losing country chief for India
Manish Tiwary is seeking a new opportunity outside the company, but will remain in his position until October. A successor has not yet been appointed.
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ArticleUnder Armour begins rebuilding its ‘House’ amid Q1 loss
With former, longtime Adidas senior executive Eric Liedtke in the fold as EVP of Brand Strategy and the beginnings of $70 to $90 million restructuring underway, Under Armour reported a net loss of $305 million against a profit of $10 million in Q1 ended June 30. Some $274 million in ...
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ArticleAlpargatas turns Q2 profit but sales in Europe sag
The Havaianas parent reported Ebitda of R$69.2 million (€11.3m) versus $6.8 million for the period ended June 30.
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ArticleHanesbrands taking a new direction sans Champion
Hanesbrands, which reached an agreement to divest its global Champion business and exited its U.S. outlet store network in July, is moving forward with a more focused, simplified business structure focused on the remaining brands in its portfolio. In H2, the company will pay down approximately $1 billion in ...
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ArticleTopgolf Callaway explores strategic options and lowers FY outlook
The golf group Topgolf Callaway´s Q2 revenues slipped by 1.9 percent to $1.16 billion from $1.18 billion, negatively impacted by a reported 8.2 percent drop in Golf Equipment sales.
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ArticleGoPro plans cost cuts to achieve profitability by 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
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ArticleGolf balls and the US drive Acushnet in Q2
For the Titleist and FootJoy parent, net income declined by 4.3 percent to $71.4 million from $74.7 million, but gross margin improved by 90 basis points.
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ArticleSweden's largest chain of running stores reports record Q2
Löplabbet increased its turnover by 31% in the first half of 2024. SGI Europe spoke to COO Stellan Kinell.
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ArticlePuma leaps up 2.1% in sales Q2
Puma recorded a strong Q2 with slight sales growth. One highlight was the Americas region, with sales rising 9.0% (currency-adjusted) to €887.5 million.
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ArticleVF Corp. optimistic that EMEA will spearhead Vans’ turnaround
Based on the latest results, the group firmly believes that its flagging Vans segment will recover.
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ArticleGlobal footwear production fell 6% in 2023
Nearly nine out of every ten pairs were made in Asia, while large disparities in consumption persist between emerging economies and developed regions.
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ArticleZalando's Q2 result powered by sports
Zalando shows improved profitability in the second quarter of 2024.
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ArticleISPO Munich 2024: For the sports industry that loves every contact
Unlock the power of meaningful connections at ISPO Munich 2024. Exhibit in December in Munich.
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ArticleDescente Q1 operating profit slips on higher costs
Higher brand sales and favorable currency impacts led to a 1.2% revenue rise to 27,482m Japanese Yen in Q1, despite a drop in operating income.
