All Racquet Sports articles – Page 2
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ArticleA bright future for pickleball in Spain?
The head of pickleball for the Catalunya Tennis Club’s Meeting Cup, Lluis Riba, wore a prognosticator’s cap for his recent chat with CMDsport, saying that 2027 will be the year of pickleball in Spain. Like pádel before it, he said, pickleball is in a position to save struggling tennis clubs, ...
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News briefsDecathlon partners with the Madrid Padel Federation
Decathlon has announced a partnership with the Madrid Padel Federation (FMP) to promote the sport. The new agreement offers those who have never been registered the possibility to enroll free of charge in the federation, at the national level, for 2024. The two entities will also jointly organize a series ...
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News briefsEngland Golf signs IWG’s “Brighton plus Helsinki Declaration”
England Golf, the governing body for amateur golf in England, has announced that it has signed the International Working Group (IWG) on Women and Sport’s “Brighton plus Helsinki Declaration.” It is the first golfing body in the U.K. to do so, claims England Golf. The Declaration was signed by England ...
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News briefsStellar 2023 at 360 Padel Group
360 Padel Group’s revenue for 2023 rose 20 percent year-on-year to exceed €60 million, according to TradeSport. The company’s Pádel Nuestro retail division saw B2C sales rise 22 percent, with own stores doubling their sales. B2B sales rose by 12 percent. Sales at the pádel brand Siux (ProPadel Group), with ...
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ArticleSales at AFP up 8%, though short of expectations
All for Padel (AFP) – the racquet company within AFP Group, which holds the Adidas license to design, manufacture and commercialize pádel racquets, accessories and courts – had been hoping to generate €34 million in sales for 2023. However, this target was revised down to €31 million in September, and ...
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News briefsGamma’s new Chuck pickleball to become official ball for DUPR
DUPR (Dynamic Universal Pickleball Rating), a technology platform and the gold standard in pickleball ratings worldwide, announced the expansion of its partnership with Gamma Sports, a family-owned, US-based manufacturer of pickleball and tennis equipment, marking a new chapter in the future of pickleball in 2024. Gamma is set to become ...
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News briefsBullpadel victorious in commercial court
Spain’s Provincial Court of Murcia has confirmed the sentence of the same province’s Third Commercial Court against Team Sport DM S.L., the company behind the e-commerce websites padeliberico.es and padelman.net – as Diffusion Sport and others have reported. Bullpadel brought suit against Team Sport for an apparent bait-and-switch operation. As ...
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News briefsConnexa raises $16.5 million, regains compliance with Nasdaq minimum equity rule
Nasdaq has confirmed that Connexa Sports Technologies, the parent company of Slinger Bag, has again met Nasdaq’s minimum equity requirements with three non-US companies investing $16.5 million in the company, whereby Connexa sold 2,330,200 shares and warrants for an additional 25,169,800 shares. The investments came from Hong Kong-based Andy and ...
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ArticleDone deal: PGA Tour announces investment agreement with Strategic Sports Group
It’s official. After weeks of speculation, the PGA Tour has announced a partnership with the Strategic Sports Group (SSG), a consortium of investors and sports franchise owners, to infuse $3 billion into the Tour. This agreement will establish PGA Tour Enterprises, a commercial venture under PGA Tour’s control. Players will ...
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News briefsGolf management software emerges in Spain
Golfmanager, the company behind an eponymous golf-course management system, expects to generate €2 million in revenues this year, according to Palco23. At the moment, it is breaking even overall, even if operating in the red for periods during the financial year, and its founders’ philosophy is to reinvest profits. The ...
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News briefsPGA Tour nears $3 billion deal
According to Bloomberg, the PGA Tour is on the verge of finalizing a massive deal with Strategic Sports Group (SSG) that could generate $3 billion for the PGA Tour. The deal has nothing to do with Saudi Arabia’s PIF and is unrelated to LIV or the DP World Tour. SSG, ...
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News briefsJ.Lindeberg outfits US golf teams at Paris Olympics
During the upcoming Olympic Games in Paris, France, this summer, the US men and women golf teams will don apparel from a non-American brand, Swedish J.Lindeberg. The unveiling of the athletes’ outfits took place at the PGA Show in Orlando, Florida. The clothing line is crafted using innovative fabrics such ...
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News briefsNew board and chairman at pickleball rating company
Dynamic Universal Pickleball Rating (DUPR), the company behind the eponymous rating system, has new ownership and a new board of directors, thanks to $8 million in funding from new investors. Chief among these is David Kass, real estate developer and owner of the Columbus Pickleball Club and now owner and ...
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News briefsIs this what Tiger Woods will be wearing?
Tiger Woods is gearing up for a much-anticipated comeback on the PGA Tour after a lengthy hiatus, with golf enthusiasts eagerly anticipating the legendary player’s return to the greens at the Genesis Invitational in Los Angeles. Many are also wondering about Woods’ apparel choices for the occasion after Nike and ...
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News briefsGolf in Spain keeps growing
The number of golf federation members in Spain reached nearly 300,000 (298,959) in 2023, 1.8 percent more than the previous year, of which 297,378 amateurs and 1,581 professionals, according to figures from the Royal Spanish Golf Federation (RFEG). Golf in Spain has experienced five years of consecutive growth, achieving a ...
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News briefsImperial Headwear appoints new National Sales Director
Carl Montanye is the new National Sales Director for Imperial Headwear’s golf department. Montanye comes to the company after 15 years at Adidas Golf, where he was the Eastern US Regional Manager. Other than that, he has over 20 years of working with sales in major sports brands. “Carl is ...
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News briefsPadel Trend Expo kicks off in Milan
The second edition of Padel Trend Expo is kicking off on Jan. 19 at Allianz MiCo in Milan. The international event entirely dedicated to the sport of padel brings together industry operators to discover future trends and the latest innovations in the sport. In 2023, the inaugural edition of the ...
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News briefsPE firm combines three pickleball brands
Three American pickleball brands have fused into one, with the backing of a private equity firm called Thirty-5 Capital. Specifically, Paddletek, ProXR Pickleball and Boundless Pickleball will now operate under the single name United Pickleball Paddles (UPP), a subsidiary of Thirty-5’s United Pickleball Properties. “Combining multiple respected brands under one ...
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News briefsEastside golf secures $3.4M funding
The trend of micro-brands making a mark in the golf industry continues, with Eastside Golf being the latest player to secure funding. The lifestyle golf brand announced on Thursday that it successfully closed a seed round led by EP Golf Ventures, a partnership between PGA of America and venture capital ...
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ArticleA review of pro golf’s pending big deal
According to Front Office Sports, the CEOs of two major golf leagues are stepping down, namely Keith Pelley of the DP World Tour (the former European Tour) and Martin Slumbers of the R&A, the sport’s governing body in the UK and operator of the Open Championship. Pelley will be replaced ...
