All articles by Bob McGee – Page 4
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ArticleE-commerce is key growth driver for Vulcabras, 50% growth in e-com
Vulcabras realized 50 percent year-over-year growth in e-commerce in Q4 to 142.1 million Brazilian reais (€22.4m) and a 55 percent increase for the segment in FY24 to R$433.7 million (€68.1m).
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ArticleYue Yuen reports improved FY results on manufacturing rebound
The globe’s largest manufacturer of footwear posted a 47 percent increase in FY24 Ebit to $572.1 million versus $390.2 million for the 12 months ended Dec. 31.
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ArticleUpdated: Puma’s FY25 outlook affected by geopolitical tensions and tariffs
Puma’s projected FY24 results include an estimated 8.5 percent revenue growth and net income of €281.6 million.
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ArticleFoot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25
The group will do another 300 store refreshes (following 400 in 2024) and 80 additional “Reimagined” doors.
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ArticleAdidas adopts cautious view on FY25; turns Q4 operating profit
Adidas is forecasting an annual operating profit increase of 27-35 percent in 2025.
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ArticleOn’s momentum continues, eyes more than €3bn in FY25 sales
Regionally, the EMEA, lapsing the final year-over-year comparison from strategic store closure in FY23.
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News briefsGrendene Q4 net rises by 36%
Domestic sales increased 9 percent to R$829.4 million (€136.9m).
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ArticleGlobe reports softer H1 sales
Ebit grew by 1.0 percent to A$6,878 million (€4.1m) for the Australian company.
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ArticleAcushnet Q4 sales increase benefits from higher ASPs
Sales in the EMEA increased by 18.3 percent to $57.0 million.
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ArticleArc’teryx delivered over $2bn in FY24 revenues for Amer Sports
A financial turning point in Amer Sports’ journey occurred in Q4. Arc’teryx is still the strongest brand in Amer’s portfolio.
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ArticleTopgolf Callaway Group FY25 results will be impacted by currency, tariffs
The group currently assumes a consumer environment like 20024 and headwinds of approximately $105 million in revenues and $120 million in adjusted Ebitda.
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ArticleAlpargatas puts itself in better position with more inventory write-offs
For FY24, the Havaianas parent realized a 73 percent improvement in year-over-year Ebitda to R$342.1 million (€57.0m) as the annual gross margin widened by 290 basis points to 42.9 percent.
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ArticleSuper Retail Group H1 sales up 4.0 percent
From a category perspective, footwear and licensed delivered strong growth and fitness tech stood out in the apparel/health/well being segment.
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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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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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News briefsPerfect Moment reports Q3 operating loss
The luxury skiwear and lifestyle group reported an operating loss of $1,294,000 against a profit of $728,000 for the three months ended Dec. 31.
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News briefsEurope drives BasicNet revenue growth in 2024
The Italian group, which owns Kappa, Superga, Superga, and more, reported consolidated revenues of €409.2 million in 2024.
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News briefsYonex nine-month operating income rises
The Japanese group Yonex has reported a 39 percent increase in operating income to ¥11,391 million (€72.5m) for the nine 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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News briefsYue Yuen offers FY profit guidance, warns on potential tax impact
Yue Yuen’s manufacturing group saw growth in gross and operating profit due to increased capacity utilisation and product efficiency.
