SGI Europe Executive Edition: Vol 36 - 20+21

Dick’s Sporting Goods is acquiring Foot Locker for $2.4bn | Puma remains stable as currency-adjusted sales stay flat in Q1 | Intersport Sweden, Intersport Denmark to merge | Le Coq Sportif seems to be drawing buyers | Foot Locker reports $363m loss in Q1 | VF Corp. brands The North Face and Timberland post higher Q4 sales | Asics’ Q1 operating profit up 32%, European sales up nearly 22% | Amer Sports hikes FY25 guidance, will navigate import tariffs | JD Sports warns over US tariffs as Q1 sales, FY profits fall | Amid ongoing challenges, Under Armour is working to reshape | On Holdings eyes FY25 growth rate of at least 28% | Challenges remain as Topgolf Callaway’s total revenues decline by 4.5% | Uncertain times: ‘Radical acceptance’ as management task | Norwegian retail back on track, Q1 2025 shows growth | Björn Borg rose 9.0% during Q1, shoes showed three-digit growth | Stiga receives Swedish sports industry prize | Danish running brand MOVV gains ground in Europe | GoPro saw operating loss widen by 9% to $45.2m in Q1 | Mizuno’s annual operating profit rises by 20% | Saucony and Merrell drive Wolverine’s Q1 growth | Yonex annual operating income rises 10% | Alpargatas posted a 93% improvement in Q1 | Acushnet outlines tariff mitigation strategy as Q1 sales come in flat | Crocs withdraws guidance on macroeconomic uncertainty after better-than-expected Q1 | Grupo SBF’s adjusted Ebitda slips by 4.9 percent in Q1 | Short-term factors impact Yue Yuen’s Q1 profitability as Ebit fell by 23.7% | Helly Hansen extends 40-year partnership | Peloton banking on higher subscriptions to lift FY sales, margins