Latest Headlines – Page 33
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ArticleMoncler continues double-digit DTC growth in 2024 as wholesale falls
Moncler Group, the Italy-based parent of the Moncler and Stone Island brands, saw full-year 2024 consolidated revenues increase 7 percent.
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ArticleCrocs Q4 2024 revenues up 3.1% to $990m
Crocs Inc. shares jump on strong DTC gains and growth inversion at HeyDude.
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ArticleShimano suffers drop in FY24 operating income
The Japanese group, citing weak sales of completed bicycles in several regions, reports a 22.2 percent drop in annual operating income to ¥65,085 million (€414.1m) for the 12 months ended Dec. 31.
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ArticleFenix Outdoor suffers 3.3% year-over-year sales drop
Fenix Outdoor International AG, despite some winter merchandise shortages and some credit problems with North and South American customers, reported an operating profit of €2.4 million against €0.4 million for the period ended Dec. 31.
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ArticleNike scores mixed feedback from NFL Super Bowl ad
Nike’s “You Can’t Win, So Win” ad during Super Bowl broadcast, did not land a decisive victory for the brand.
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ArticleGoldwin’s nine-month operating profit slips
The Japanese group said warmer weather hurt sales of down jackets and other cold weather gear in October and November.
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ArticleXXL revenues contracted 1.8% in Q4
Despite continued negative market developments in the Nordic sports and outdoor markets, the Group’s results are benefiting from a cost reduction programme.
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ArticleSkechers delivers record annual sales in FY24
The FY24 results of Skechers are the company’s best ever in terms of sales, boosted by the footwear brands’ comfort-technology products.
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ArticleZalando recruits five key persons, two SVP and one CFO
Zalando is strengthening its management team to drive its expansion into a leading pan-European e-commerce ecosystem for fashion and lifestyle.
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ArticleUnder Armour’s operating income in Q4 slipped by 81%
“We’re dedicated to strengthening our brand with the understanding that this journey is not a sprint, but a marathon that requires resilience and thoughtful strategy,” President Kevin Plank told analysts.
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ArticleGoPro reports another loss, cuts costs by 30%
Facing revenue declines and delayed product launches, GoPro slashes costs and refocuses on growth to regain profitability by 2026.
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ArticleMizuno posts record sales and 16.5% growth, fueled by soccer and lifestyle footwear
Mizuno’s total nine-month revenues increased by 4.4 percent year-over-year to €1.11bn, fueled by 17 percent growth in soccer sales to €96.9m.
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ArticlePeloton Interactive lifts guidance as Q2 loss narrows
The group, citing faster-than-expected operating expense reductions and greater confidence in full-year hardware sales, has raised its FY25 outlook for adjusted Ebitda and free cash flow.
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ArticleNew Wave posts higher sports & leisure profits, sales in Q4
The segment sales for the Swedish company´s sports & leisure unit rose by 7 percent to €350.9 million.
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ArticleBrooks Running achieved sales growth of 228% in China 2024
Global expansion were the key words for Brooks in 2024. The Seattle-based company realized a 228 percent year-over-year sales growth rate in China in 2024 and expanded its U.S. specialty retail channel business by 19 percent.
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ArticleCanada Goose delivers higher operating profit, lower sales in Q3
Operating income rose by 2.8 percent to C$204.3 million (€137.3m) for the period ended Dec. 29 as net income attributable to shareholders improved by 7.0 percent to C$139.7 million (€93.9m).
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ArticleElan Central Europe gets a new General Manager
As the new General Manager for Central Europe, Bernhard Leichtfriedis tasked with expanding the presence of the Slovenian ski brand in Germany, Austria and Switzerland.
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ArticleH&M's Q4 lifted 3% but many store closures are expected in 2025
H&M’s net sales in the fourth quarter, ended Nov. 30, amounted to SEK 62.193 billion (€5.42bn), down from SEK 62.650 billion a year earlier. In local currencies, net sales increased by 3 percent.
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ArticleColumbia reports a 21% gain in operating income FY24
Columbia Sportswear plans to revamp marketing, review costs and expand globally to counter a challenging FY24.
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ArticleIntersport Voswinkel’s report of 2024, plans for growth in 2025
Intersport Voswinkel invested over €4 million in its first full year after being acquired by the Cisalfa Group, modernizing and opening 15 new stores, creating 60 new jobs.
