Latest Headlines – Page 27
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ArticleCapri to sell Versace to Prada
“The acquisition of Versace is adding a new dimension that is different and complementary,” says Andrea Guerra, Prada Group’s CEO.
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ArticleAnta Sports buys Jack Wolfskin from Topgolf Callaway
The sale will make Topgolf Callaway focus on its core business of golf, CEO Chip Brewer said.
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ArticleAsics foundation launched to promote movement among young people
Asics announces the launch of the Asics Foundation, dedicated to addressing social issues through exercise and sport.
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ArticleCiele Athletics appoints first CEO
Arabaghian has previously worked for Red Bull, The North Face, Oakley and Vans.
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ArticleIntersport Int’l appoints new CEO
Foley most recently held the position of CEO GO Ssport and is also the founder of the Independent Sports Retailers Alliance in Ireland.
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ArticleJD Sports maintains FY25 guidance, details FY26 outlook
In its recently completed FY25, JD Sports posted organic revenue growth of 5.8 percent and profit before tax and adjusted items in line with its January guidance range of £915-£930 million (€1.06-1.09b).
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ArticlePuma appoints its first female President of North America
Tara McRae, who until recently led Puma’s Marketing and Brand Strategy in North America, will immediately switch roles.
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ArticleTariff turmoil: How the sports and outdoor industries in the US are bracing for impact
From Salomon to Snowsports Industries America (SIA): Here’s how the US industry feels about Trump’s tariffs.
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ArticleeCom Teams files for bankruptcy
After years of economic challenges, Danske Bank withdraws its support for reconstruction, making it impossible for eCom Teams to continue to operate.
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ArticleArc’teryx drives Amer Sports’ success
With its outdoor brands Arc’teryx, Salomon and Peak Performance, Amer Sports increased its sales and even overtook Adidas in share price. Here is our financial analysis.
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ArticlePSG’s Hakimi to join Under Armour
Achraf Hakimi joins Under Armour’s expanding list of talented young football athletes across EMEA.
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ArticleArthur Hoeld of Adidas is to be the new Puma CEO
Puma is parting ways with CEO Arne Freundt. These are the reasons.
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ArticleTrump’s tariffs: Reactions from within the sporting goods industry and beyond
Few outside the US are happy with the new tariffs that President Donald Trump has just set.
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ArticleUS President Trump sets ‘reciprocal tariffs’
US tariffs on goods from Vietnam, where much sports manufacturing has moved from China, are more than doubling.
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ArticleSales up, profits down at Decathlon in FY24
The group has been cutting costs and plans to continue with this in 2025.
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ArticleEcco’s net revenues drop by 5%
Unsatisfactory results obliged the company to shore up its balance sheet in 2024.
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ArticleOne of On’s co-CEOs leaves the company as four new senior leaders start
After 12 years with the company, Marc Maurer is departing, but four new key senior leaders are coming aboard.
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ArticlePuma opens first European flagship store on iconic shopping street
The 2,200-square-meter store is located on a London shopping avenue, Oxford Street, among such competitors as Asics, Adidas and Champion.
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ArticleIntersport Int’l sales totaled €14.0bn in FY24, up 2.1%
Despite a challenging business landscape, the company saw positive 2024 growth in its French, Italian and Swiss markets.
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ArticleSales for Decathlon France amounted to €4.73bn in FY24
This result is flat from the €4.752 billion and €4.7 billion the company reported in FY23 and FY22.