All Golf & Racquet sports articles – Page 2
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News briefs
Starvie’s new head of sales
Pádel brand Starvie has hired José Antonio Galán Matamoros to be its sales director. He is joining the company from Milwaukee Tool, where he held the same title for a year. He has served in similar capacities at the sport, e-sport and entertainment agency Vanquish, the workwear company Industrial Starter, ...
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News briefs
Joma enjoys record 2022, remains prudent on 2023
Joma, the Spanish brand with headquarters in Toledo and a historical focus on running, football and tennis, was present as usual at the recent Micam footwear show, which ran on Feb. 19-22 in Milan. Alessandro Annibale, sales director of its Italian subsidiary, was on hand to meet with local retailers ...
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Acushnet FY22 sales rise by double digits in all categories
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 ...
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News briefs
Golfers' spending in the UK increased 20% from 2014 to 2019
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 ...
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Fila celebrates 50 years in tennis and launches new junior tournament
Fila has announced a series of on-site activities and activations at the 2023 Indian Wells Masters in Southern California, also known as BNP Paribas Open, on March 6-19. Fans attending the event will experience the brand’s 50 years in tennis and the evolution of its style since 1973. Archival outfits ...
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News briefs
Spanish bike-rental company has big plans
Rookfy, a bicycle-rental platform in Spain, enjoyed a satisfactory debut last year, according to chief technology officer Santiago Alonso, who spoke with CMDsport. The young company has recently added the retailer Escapa to its marketplace and joined the Spanish Association of Brands and Bicycles (Ambe). In an interview with Joanseguidor.com, ...
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News briefs
The market for golf equipment will continue to grow, albeit at a slower pace
According to a recent 171-page report by Technavio, titled “Global Golf Equipment Market 2023-2027,” the global golf equipment market is forecasted to grow by US$1,418.41 million from 2022 to 2027. While the market size is growing, however, the growth momentum will decelerate during this forecast period, with a decline of ...
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News briefs
Wilson Golf president to leave
Tim Clarke has stepped down as president of Wilson Golf, according to mygolfspy.com. Clarke first joined Wilson in the 1990s and became president in 2007. Bob Thurman, global R&D director, is reportedly stepping in as interim golf GM. Wilson Golf is part of Wilson Sporting Goods and has been owned ...
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News briefs
Head opens licensed training center in Abu Dhabi
Head is opening a licensed padel sports training center in Abu Dhabi, the brand’s first in the Middle East, in partnership with Xische Ventures. The official inauguration is scheduled for Feb. 21. Located in Musaffah, the 2,200 sqm facility features five padel courts, a VIP court for private bookings, a ...
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News briefs
U.S. gets sixth pro pádel team
Matrix Padel will be the sixth team franchise in North America’s Pro Padel League (PPT). Located in northwestern Arkansas, Matrix Padel was just purchased by Barbara Hudson, Shannon Hudson and Johan Den Toom, founders of the Matrix Club, which offers pickleball, tennis and group fitness as well as pádel. The ...
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The twin forces of pro pádel meet
The two professional circuits in the sport of pádel, Premier Padel and the World Padel Tour (WPT), are discussing joint operations in the future.
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Swedish sports retail down 7.5 percent in Q4, index now with racquet sports
The quarterly Sportindex by Svenskt Sportforum shows that Swedish sports retail sales decreased by 7.5 percent in the fourth quarter of 2022, making it the fourth consecutive quarter with negative development for sports retail. For the full year 2022, sports retail sales development landed at -5.8 percent. However, the drop ...
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TaylorMade invests in Tiger Woods’ golf experience concept
TaylorMade Golf Company has made a “material investment” in PopStroke, an innovative U.S.-based putting and casual dining concept that combines a technologically advanced, competitive golf environment with food and beverage. With the recently announced partnership, TaylorMade joins an ownership team that includes Tiger Woods in addition to PopStroke Entertainment Group. ...
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News briefs
Lacoste launches new logo for Medvedev’s line
Source: lacoste.com Lacoste has launched a new signature logo for brand ambassador Daniil Medvedev. The French sportswear unveiled the personalized logo at the Australian Open 2023, the first Grand Slam tennis tournament of the year, where Medvedev is wearing a dedicated co-branded collection that comprises a polo ...
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News briefs
Racquet sports equipment market to grow 4.3% by 2031
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 ...
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Article
The rise of pickleball, and a shift in sports
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.
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News briefs
Wilson signs first head-to-toe brand ambassador
Wilson Sporting Goods has signed up professional tennis player Marta Kostyuk as its first head-to-toe (rackets, footwear and apparel) Wilson advisory staff member. The 20-year-old Ukrainian rising tennis star has career-high rankings of 49 in singles (Feb. 2022) and 39 in doubles (Sept. 2022). She recently made the quarterfinals at ...
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News briefs
Munich expects 35% sales increase and opens new stores
Spanish sneaker brand Munich expects its sales to jump by around 35 percent in the full fiscal year ending March 31, 2023, to reach €65-70 million. In an interview with trade publication FashionNetwork, Munich CEO Xavier Berneda said that the company’s revenues are projected to exceed last year’s record sales ...
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News briefs
Footjoy and England Golf agree on multi-year partnership
England Golf has announced an exclusive three-year agreement with Footjoy as its new official apparel, footwear and accessory partner. As part of the deal, all England Golf national squad members will be kitted out with the full range of Footjoy product at international events and championships. The agreement will also ...
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News briefs
Head’s pádel team has a new international tour manager
Head has promoted Jordi Vives from marketing and promotion manager, his post for the last two years, to international tour manager for pádel. He will now be working with Thomas Bischof, director of pro players. Vives hails from Barcelona but studied in the U.S., where he also established a background ...