SGI Europe Executive Edition: Vol 33 - 7+8

Summary

• Potential supply chain constraints may hamper Under Armour’s progress
• Entering new markets, Champion could become a $3.2 bn brand
• Performance running paced Asics’ gains in 2021
• New CEO as Peloton’s wheels are no longer spinning in place
• XXL starts 2022 with a sales dip after 9.4% growth in Q4
• JD gets fined while divesting Footasylum
• Kuenzi will join The Athlete’s Foot after a 24% sales gain
• Garmin says diversification is key to 2022 growth, but Q4 net dips
• Skechers sets sight on metaverse after record 2021
• BasicNet sees significant sales growth in Q4
• Adidas extends two board mandates amid five-year growth strategy
• Strong results for Columbia, driven by DTC
• Amer may reach 13% Ebit margin on 20% higher sales, says S&P
• Nautilus books a loss in Q3, with soft sales outside the U.S.
• Callaway sees robust growth continuing, Jack Wolfskin relaunch proceeding well
• Kathmandu climbing despite Covid, supply chain impacts
• Decathlon Germany reports best year in history
• GoPro is back in the black, as subscriptions gain traction
• Mizuno’s sales growth came to a halt in Q3
• Alpargatas sold over 12m pairs of Havaianas in Europe last year
• Shimano finished the FY strongly, but slowing down
• Johnson Outdoors reports strong orders, sales drop due to supply chain issues in fishing segment
• Sports & leisure drove New Wave’s sales growth
• Canada Goose cuts guidance as sales disappoint
• Deckers sees 19-20% growth for its fiscal year
• Slinger completes acquisition of sports AI provider Gameface