All Golf & Racquet sports articles – Page 4
-
News briefsWilson appoints new head of racquet sports, sets sights on new markets
Wilson Sporting Goods has named Jason Collins, a 22-year veteran of the company, as its new global general manager of racquet sports, reporting to Joe Dudy, president and CEO at Wilson. Collins succeeds Hans-Martin Reh, who is moving on to pursue other interests outside the company. Reh had assumed the ...
-
News briefsWilson Golf announces internal and external appointments in Europe and U.K.
Wilson has promoted Leigh Fletcher to head of Wilson Golf in the U.K. and Ireland. Additionally, Lee Farrar has been promoted to head of golf for the EMEA region after serving as Fletcher’s predecessor for six years, while Drew Parsons has been promoted to key account manager for the U.K. ...
-
News briefsAcquisition of Padel Panorama canceled
Every Padel i Sverige, a subsidiary of Everysport Group, has canceled an agreement signed in June to acquire 100 percent of the shares of another Swedish company, Padel Panorama, for SEK 0.6 million (€55,000). According to a statement from the parent company, the reason is “discrepancies in the warranty provided ...
-
ArticleNorth America gets its first pro pádel league
A professional league, called Pro Padel League (PPL), has emerged in North America as the world’s fastest-growing or most ambitious racquet sport. The league is set to begin broadcasting matches to some 75 million households with the start of its inaugural season in March 2023. PPL was founded in 2021 ...
-
News briefsPadel Expo Sweden to make its debut
Some 153 brands will be attending the inaugural edition of Padel Expo Sweden this Sep. 16-18 in Stockholm, according to the Clúster Internacional del Pádel (CIP). Of these 33 will be Spanish and 31 associated with the CIP, which will have a stand of its own. Unlikely to be present, ...
-
News briefsTwo pádel shows coming to Italy
Two pádel trade shows are seeing the light of day in Italy, according to the Clúster Internacional del Pádel (CIP). The first to have been conceived by the event company Next Group is Padel Trend. This was supposed to take place in Rome, but a proposed deal with Fiera Roma ...
-
News briefsDjokovic-backed tennis players association launches commercial arm, raises $26m
The Professional Tennis Players Association (PTPA) has launched Winners Alliance, a for-profit affiliate that is meant to generate and maximize off-the-court commercial opportunities for players and their agents, and announced that the new affiliate has raised $26 million to support operations and long-term growth. The PTPA, co-founded in 2020 by ...
-
News briefsLeDap appoints new CEO
LeDap, an international padel group founded in 2021 that operates a network of padel clubs in Sweden, Norway, Finland, Denmark, Poland, Spain, Austria, the UAE, Germany and the U.K., has appointed Eno Polo as the group’s new CEO, effective Sept. 5. Polo has many years of experience in the consumer ...
-
News briefsAssociation of Golf Merchandisers partners with Elastic Suite
The Association of Golf Merchandisers (AGM) and Elastic Suite, a subsidiary of Emerald Holding, have announced a new partnership that names Elastic Suite as the presenting “Diamond Level” sponsor of AGM’s certified retail management program, one of the association’s educational resources for golf retailers. AGM, headquartered in Phoenix, Arizona, is ...
-
ArticleBjörn Borg’s sales are down but own e-commerce posts strong growth
Group net sales from Swedish firm Björn Borg amounted to 161.5 million Swedish kronor (€15.2 million) in the quarter ended June 30, a decrease of 0.8 percent compared to the second quarter of last year. Adjusted for currency effects, revenues decreased by 4.2 percent. The sales decline was mainly attributed ...
-
News briefsBen Hogan Golf Equipment Company closes down
Ben Hogan Golf Equipment Company ceased trading on July 22, citing supply and financial constraints caused by the Covid-19 pandemic as reasons for the decision. ExWorksCapital had been the majority shareholder for the Texas-based company since its relaunch in 2017 after it originally ceased trading in 2015. ExWorks Financial filed ...
-
ArticleYonex hikes FY outlook on pleasing China recovery
Yonex, citing a better-than-expected recovery in China after pandemic-related lockdowns eased, has increased its H1 and financial year forecasts. The Japanese company has raised its H1 revenue forecast by 20 percent to 48,000 million yen (€342.9m) from ¥40,000 million and its operating profit outlook by 58 percent to ¥6,000 million ...
-
News briefsPGA of America and Elysian Park Ventures create investment vehicle for golf startups
PGA of America and Elysian Park Ventures have created EP Golf Ventures, a new investment partnership designed to support innovation in the golf industry. PGA of America and Elysian Park directly committed capital to the fund and are now selecting additional investors. Elysian Park Ventures, the private investment arm created ...
-
News briefsVista’s Foresight Sports becomes Callaway Golf’s official partner for launch monitor technology
Callaway has launched a long-term plan to integrate the technology of Foresight Sports – a Vista Outdoor company – into its global brand network, including Topgolf and Toptracer. As a result, Foresight Sports, the leading developer of professional tee monitors, has become an official partner of Callaway Golf and the ...
-
News briefs
Playtomic enters the e-tail space
Playtomic, which has made its name as a platform for racquet club management and court rentals, has inaugurated under its own brand a line of racquet-sports apparel and accessories and opened an e-commerce website to sell it. So far the site is operative only in Spain, but there are plans ...
-
ArticleSigna Sports United Q2 sales bolstered by acquisitions
Signa Sports United (SSU), battling worsening consumer sentiment in Europe and persistent bike/e-bike shortages as headwinds, expanded second-quarter revenues by 47.5 percent to €269.0 million from €182.0 million. The increases were aided by including results from its recent WiggleCRC and Tennis Express acquisitions (closed on Dec. 14 and Dec. ...
-
News briefsMedvedev to have his own brand logo on Lacoste and Tecnifibre products
Daniil Medvedev will soon have his own brand logo on Lacoste and Tecnifibre products, his two equipment suppliers, Sportbuzzbusiness.fr has reported. The athlete’s visual identity is expected to be unveiled within a few months. The Russian tennis player is the current world No. 2 in the ATP rankings and has ...
-
News briefsSkechers to supply official footwear for U.S. pickleball
Skechers has become the official footwear company for USA Pickleball, the Association of Pickleball Professionals (APP) Tour and Major League Pickleball (MLP). The brand has entered into multi-year deals with each as well as with the Chicago-based marketing firm Intersport. According to its president, Michael Greenberg, Skechers introduced its first ...
-
ArticlePádel on track to unseat tennis in Europe
According to a recent study conducted by Monitor Deloitte and Playtomic, pádel could soon surpass tennis as Europe’s top racquet sport and become one of the most popular sports in the world. Even in the thick of the pandemic, from 2020 to 2021, the Continent was opening 98 pádel courts ...
-
News briefsLacoste opens largest flagship store on Champs-Elysées
Lacoste opened a 1,600-square-meter store at 50 Champs-Elysées in Paris, at the corner of rue du Colisée, on May 20. The new retail space – dubbed Lacoste Arena – is the brand’s largest flagship store globally. Tennis takes center stage in the new store, alongside the brand’s collections for golf ...
