All Golf & Racquet sports articles

  • on-running-logo8_800x800
    Article

    On Holding sees ongoing momentum in 2023, surpasses the CHF 1bn sales mark

    2023-03-21T07:18:00Z

    13-year-old Swiss company On, which completed its first full year as a public company in 2022, is forecasting currency-neutral sales growth of 42 percent this financial year to 1.7 billion Swiss francs (€1.69bn), further gross margin expansion toward its mid-term target of 60 percent, and a 150-basis-point growth in adjusted ...

  • Premier Padel logo-
    Article

    Premier Padel to include women this season

    2023-03-20T10:23:00Z

    The president of the International Padel Federation (FIP), Luigi Carraro, has told Relevo in an interview that women will be playing in the next tournament organized by Premier Padel – that is, after the Ooredoo Qatar Major, which took place from Feb. 28 to March 6. “If we’d had a ...

  • Acushnet-Company-logo
    Article

    Acushnet FY22 sales rise by double digits in all categories

    2023-03-02T16:25:00Z

    Acushnet Holdings Corp., after exceeding the low-end of its annual revenue and Ebitda range forecasts for FY22, has established consolidated net sales guidance of $2,325 to $2,375 million for FY23, a growth range of 2.0 to 7.9 percent year-over-year, and an adjusted Ebitda range of $345 to $365 million. Senior ...

  • mick-de-paola-LUPJoR3OfEg-unsplash
    News briefs

    Golfers' spending in the UK increased 20% from 2014 to 2019

    2023-03-01T16:20:00Z

    According to an independent report by Sheffield Hallam University’s Sport Industry Research Centre (SIRC), funded by The R&A, consumer spending on golf grew 20 percent in current prices from 2014 to 2019, which is real terms growth of 8 percent after accounting for inflation. The U.K. golf industry employs 63,826 ...

  • bjorn-borg-uppsala-01-600x450
    News briefs

    Strong year-end performance for Björn Borg

    2023-02-23T10:43:00Z

    Sweden-based Björn Borg reported net sales of SEK 198 million (€17.9m) for the fourth quarter of 2022 (October-December), compared to SEK 181 million in the corresponding quarter of 2021. Proprietary e-commerce and e-tailer sales increased a total of 21 percent to SEK 77 million (€6.96m), continuing the strong upward trend ...

  • EverySport Group Logo
    Article

    Everysport Group reports declining revenue, Media division shows muscle

    2023-02-20T13:01:00Z

    Stockholm-based Everysport Group AB, divided into the Everysport Media and Every Padel businesses, said in its year-end financial report that it had conducted a strategic review of the padel business to return to long-term growth as quickly as possible. This resulted in a net positive impact of SEK 10 million ...

  • Topgolf Callaway_Logo
    Article

    Topgolf Callaway lifts forecasts as venues offset weaker golf gear sales

    2023-02-10T15:24:00Z

    Topgolf Callaway reported a rise in fourth-quarter revenues and pushed annual earnings forecasts higher after a strong performance from its driving ranges looked set to help cushion weaker demand for golf equipment this year.

  • Premier Padel - WPT
    Article

    The twin forces of pro pádel meet

    2023-01-27T17:11:00Z

    The two professional circuits in the sport of pádel, Premier Padel and the World Padel Tour (WPT), are discussing joint operations in the future.

  • mick-de-paola-LUPJoR3OfEg-unsplash
    News briefs

    Golf equipment and apparel sales reached all-time highs during pandemic

    2023-01-27T16:32:00Z

    Global golf equipment and apparel sales were at all-time highs during the pandemic, reaching $20 billion in annual sales in 2021, with $11.1 billion in golf equipment and $9.0 billion in golf apparel. Strong consumer demand for golf products continued in 2022. These are some key highlights from the “World ...

  • padel_trend_expo_logo
    News briefs

    Padel Trend Expo attracted 18,000 visitors

    2023-01-18T14:24:00Z

    The first edition of Padel Trend Expo, which was held at Allianz Mico in Milan on Jan. 13-15, attracted more than 18,000 visitors. About a hundred brands and 90 companies had registered for the trade show. A new edition in 2024 has already been confirmed. Padel Trend Expo is organized ...

  • jeffery-erhunse-xvl_cfsMQ8M-unsplash
    News briefs

    Racquet sports equipment market to grow 4.3% by 2031

    2023-01-16T16:56:00Z

    The global racquet sports equipment market is projected to reach $272.4 million by 2031, growing at a compound annual growth rate (CAGR) of 4.3 percent from 2022 to 2031, according to a new report by Dublin-based Research and Markets. The growing demand will be driven by increased fitness consciousness among ...

  • joan-azeka-bg43g7xTu2M-unsplash
    Article

    The rise of pickleball, and a shift in sports

    2023-01-13T16:27:00Z

    The Association of Pickleball Professionals (APP) has released its Pickleball Participation Report on the status of its sport in the U.S. If the “nearly 2,500 nationally representative adults” (over the age of 18) are, in fact, representative, pickleball is getting big.

  • EEP Capital
    News briefs

    L.A. gets first pro pádel franchise

    2023-01-04T15:41:00Z

    EEP Capital, which describes itself as the first venture-capital fund devoted to the sport, has purchased the first pádel franchise in Los Angeles. The team will be playing within the Pro Padel League, the professional league in the U.S. EEP Capital is tied to and shares management with EE Padel ...

  • Clustr Internacional Padel
    News briefs

    CIP to attend this month’s Padel Trend Expo

    2023-01-04T15:41:00Z

    The International Pádel Cluster (CIP) will be exhibiting at Padel Trend Expo Milan, as will many of its associated brands: Babolat, Bullpadel, Enebe, Gimpadel, Head, Just Ten, Kelme, Mejorset, Mondo, Okatent, Paddeo, Padel Courts Deluxe, Padel Galis, Playtomic, Set, Softee, Starvie, Stop Sudor, Vibor-A and Wilson. Scheduled for Jan. 13-15, ...

  • All for Padel - Adidas
    News briefs

    All for Padel not quite all pádel

    2022-12-20T08:10:00Z

    CEO José Luís Sicre announced at this month’s seventh edition of International Padel Days in Barcelona that All For Padel is looking to make good on its slogan, “Not everything’s padel,” especially when it comes to international expansion. According to CMDsport, the Adidas retail licensee is looking to move into ...

  • Bunkered-Live-2
    News briefs

    Bunkered Live golf show to return in 2023

    2022-12-16T17:17:00Z

    The Bunkered Live consumer golf show, which debuted this year, will return in 2023. The exhibition will return to the NEC in Birmingham on Feb. 24-26, followed by a second event at the Royal Highland Centre in Edinburgh on March 24-26. Bunkered Live is an evolution from the Scottish Golf ...

  • Padel - Tomasz Krawczyk - unsplash
    News briefs

    CIP’s ISPO presentation optimistic on pádel

    2022-12-01T14:34:00Z

    Pádel, it appears, continues to thrive. At the freshly concluded ISPO Munich 2022 the Clúster Internacional del Pádel (CIP) reported that pádel-racquet sales increased by nearly 72 percent year-on-year in the second quarter, according to Diffusion Sport. This was, however, down from the more than 85 percent rise of the ...

  • Koi Golf Logo
    News briefs

    Koi Golf launches its first apparel collection

    2022-12-01T08:57:00Z

    Koi Golf, a new U.K.-based company, is introducing its first golf apparel collection. The initial launch includes a men’s line that comprises polos, T-shirts and a range of golf accessories, including caps, hats, socks and towels. A women’s range and wider men’s range are to follow in 2023, GolfBusinessNews has ...

  • MILANO-PP1 x Decathlon
    News briefs

    Decathlon partners with Milano Premier Padel P1

    2022-12-01T08:57:00Z

    Decathlon Italy has announced a partnership with Milano Premier Padel P1 through its brand Kuikma. The tournament is scheduled to take place on Dec. 5-11 at the Allianz Cloud in Milan. Premier Padel is the official worldwide pádel circuit under the International Pádel Federation (FIP), supported by Professional Players Association ...

  • Topgolf Callaway_Logo
    News briefs

    Topgolf Callaway Brands and PGA Show sign new multi-year participation agreement

    2022-11-01T08:17:00Z

    Topgolf Callaway Brands Corp. has announced a new multi-year participation agreement with the PGA Show, beginning Jan. 24-27, 2023, in Orlando, Florida. In 2023, Callaway will activate a new brand of educational experience in the PGA Show Equipment area, where the company will showcase its range technology, Toptracer, focusing on ...