All Article articles – Page 52
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ArticleGaleria’s insolvency proceedings completed, restart under own management
The insolvency proceedings of the German department store chain, formerly Galeria Karstadt Kaufhof, have been successfully concluded after almost seven months with the implementation of an insolvency plan.
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ArticleWhile bike sales recover, Swedish retail declines for tenth consecutive quarter
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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ArticleParis 2024: A powerful symbiosis of openings, product launches, cultural events, mishaps and scandals
By the time the 2024 Summer Olympic Games officially opened in Paris last week, the mega-event had already cast a shadow. For weeks, the events, store openings and product launches of a wide range of players had followed one another like pearls on a string.
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ArticleWant your team to stay? Own it
After the Oakland Ballers have secured $2 million in start-up funding from nearly 50 local investors, fans are now asked to pitch in to help keep the baseball team in the Bay Area.
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ArticleSki equipment market to post 4.33% CAGR by 2028, says new report
Research and advisory firm Technavio estimates the global ski equipment market size to grow by $430.2 million from 2024-2028.
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ArticleEMEA paces Skechers’ sales growth in Q2
Skechers sets a new sales record in Q2 with growth in both wholesale and DTC around the world.
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ArticleAnother strong quarter for Deckers as Powers’ era ends
Deckers raises its forecast for FY25 after double-digit sales gains for both its Hoka and Ugg brands.
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ArticleColumbia reports Q2 loss, but brand awareness rises in Europe
Columbia Sportswear’s guidance for the full year remains unchanged despite a loss in the second quarter.
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ArticleAsics tests production of customized on-demand insoles
Asics and Dassault Systèmes have opened a test studio near Paris to trial on-demand personalized insoles.
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ArticleSkidata sold to Swedish Assa Abloy group
Swiss-American Kudelski Group has signed a definitive agreement to sell its Skidata business after 23 years to Swedish Assa Abloy.
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ArticleDTC drives Moncler revenues in H1
Moncler generated a 24 percent increase in H1 net profit to €180.7 million from €145.4 million as Ebit rose by almost 19 percent to €258.7 million.
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ArticlePolygiene’s cost-cutting measures take effect
Polygiene turned an operating profit of SEK 2.6 million against a loss of SEK 4.0 million in Q2, as cost-cutting measures and strategic changes made last year began to take effect.
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ArticleMeta reportedly wants 5% in Essilux to develop smart glass business
According to media reports, Meta is in talks to acquire a 5% stake in Essilor-Luxottica, just a few days after the eyewear group announced the takeover of Supreme.
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ArticlePlaytomic’s 2023 in review for pádel
Playtomic and Strategy&, a division of the PwC accountancy and consultancy, have released the 2024 edition of the Global Padel Report – a 50-page presentation filled with charts and other visuals.
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ArticleHarnessing major sports events for social and economic growth
We provide you a data-driven perspective on how major sporting events can transform cities and communities.
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ArticleFrasers calls FY24 ‘a breakout year’ for future growth
Frasers Group, citing its strengthened brand partnerships and the ongoing execution of its “Elevation Strategy,” is eying £575–£625 million in annual adjusted profit before tax for the current fiscal year ending in April 2025.
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ArticleFootway publishes Q2 report, announces sale of Footway+
As part of the previously announced strategic review, the Board of Directors of Footway Group AB has decided to sell Footway+ with preferential rights for the company’s shareholders.
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ArticleCraft cooperates with Galeria
Craft Germany, part of the Swedish New Wave Group, is further expanding its presence in German retail through a cooperation with Galeria: With a recently opened 80sqm space at Galeria Rosenheim, the brand presents its entire product portfolio from the categories running (footwear and apparel), bike, training and cross-country skiing. ...
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ArticleTMRW Sports makes key management hires
TMRW Sports, a technology-driven company founded in 2022 that innovates sports, media and entertainment, has announced key additions to its leadership team with experience in the sports, media and golf industries. The company’s three new hires are Chief People Officer Wendy Caves, Chief Revenue Officer Jason Langwell and Chief Marketing ...
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ArticleOn with first robot made spray-on shoe
Swiss running brand On has released its biggest product news in a long time. Meet the Cloudboom Strike LS, a spray-on running shoe. Made by a robot.
