Latest Headlines – Page 24
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ArticleUncertain times: 'Radical acceptance' as management task
In this interview with a renowned professor, we explore what the sporting goods industry can learn from extreme athletes in crises.
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ArticleFoot Locker reports $363m loss in Q1
With the group’s $2.4 billion acquisition by Dick’s Sporting Goods slated to close in H2, Foot Locker has reported preliminary Q1 results.
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ArticleAsics’ Q1 operating profit up 32%, European sales up nearly 22%
The Japanese group generated more than ¥200 billion in quarterly sales for the first time.
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ArticleDick’s Sporting Goods is acquiring Foot Locker for $2.4bn
Dick’s Sporting Goods is acquiring Foot Locker for an equity value of about $2.4 billion.
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ArticleOn Holdings eyes FY25 growth rate of at least 28%
The Swiss group’s constant currency growth forecast for this fiscal year would push its reported net sales to at least CHF2.8 billion, or approximately €3 billion.
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ArticleLe Coq Sportif seems to be drawing buyers
The classic French brand is up for sale, and there are rumors of two potential buyers.
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ArticleChallenges remain as Topgolf Callaway's total revenues decline by 4.5%
Topgolf Callaway Brands accelerates its focus on cost management and value-driven initiatives.
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ArticleAmid ongoing challenges, Under Armour is working to reshape business
The group now focusing on elevated products, storytelling, better distribution, and a refined operating model.
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ArticleSustainable footwear: Running shoes that leave no footprints
How can running shoes be more sustainable? For example, by switching to bio-based and recycled materials, offering repair services, and ultimately setting up a complete recycling system. These running shoes are on their way.
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ArticleMizuno’s annual operating profit rises by 20%
The Japanese group said that group sales in Japan remained robust, and in Europe, soccer and sportstyle shoes fueled the region’s growth.
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ArticleHelly Hansen extends 40-year partnership
Helly Hansen and the Norwegian Sailing Federation extend their partnership to last 44 years – at least.
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ArticleIntersport Sweden, Intersport Denmark to merge
Intersport Sweden and Intersport Denmark have announced their merger into a unified Nordic structure.
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ArticleGoPro saw operating loss widen by 9% to $45.2m in Q1
GoPro faces persistent Asia-Pacific challenges as transformation proceeds but is focusing on lean operations and product launches.
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ArticleStiga receives Swedish sports industry prize
Industry organization Svenskt Sportforum has named Stiga its ”Star of the Year.”
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ArticleShort-term factors impact Yue Yuen’s Q1 profitability as Ebit fell by 23.7%
Net profit was down nearly 25 percent at $83.5 million, and gross profit slipped by 220 basis points to 22.9 percent from 25.1 percent in the year-ago period.
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ArticleYonex annual operating income rises 10%
FY net income was 7.7 percent higher year-over-year to ¥10,591 million (€64.8m) as gross margin improved by 60 basis points to 44.9 percent.
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ArticleAlpargatas posted a 93% improvement in Q1
The Havaianas parent posted a 93 percent improvement in Q1 Ebitda year over year to 207.3 million Brazilian reais (€32.3m).
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ArticleSaucony and Merrell drive Wolverine’s Q1 growth
The US performance footwear group regained profitability in Q1, led by strong sales from its trail and running brands despite tariff-related uncertainty.
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ArticleCrocs withdraws guidance on macroeconomic uncertainty after better-than-expected Q1
On a constant currency basis, sales increased by 1.4 percent.
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ArticlePeloton banking on higher subscriptions to lift FY sales, margins
Peloton Q3 results showed improvements as Peloton adjusted its FY25 outlook and said sales have rebounded.
