Latest Headlines – Page 36
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ArticlePuma SE reports flat FY24 operating profit despite sales growth
Preliminary annual results at Puma, while showing favorable, 4.4 percent currency-adjusted growth on the sales side
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ArticlePreliminary 2024 report from Adidas shows double-digit growth to €23.7bn
Adidas reported “better-than-expected” fourth-quarter results, which rose 24 percent in euros to €5,965 million from €4,812 million.
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ArticleGlasgow 2026 unveils executive team for the 23rd Commonwealth Games
Glasgow previously hosted the Commonwealth Games in 2014.
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ArticleTobias Gröber leaves ISPO and Messe München after 28 years
After almost 30 years with Messe München, developing trade shows like ISPO, OutDoor and ISPO China, sports business profile Tobias “Tobi” Gröber leaves ISPO and Messe München – for another trade show.
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ArticleRetailer Sneakersnstuff – from €100m in turnover to bankruptcy
Sneakersnstuff, or SNS, is no more. The sneaker company that grew from a single shop in Stockholm in 1999 to a global brand with stores in New York, London and Tokyo and a turnover of €100m, has filed for bankruptcy. But maybe it’s not yet over, if one of the founder’s gets what he wants.
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ArticleProwinter’s 25th anniversary event in Bolzano highlights expanded outdoor focus
Prowinter 2025 celebrated its 25th edition with record-breaking attendance and a new outdoor focus, showcasing innovation and market insights.
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ArticleThe retail model of the future: From provider to ‘life enricher’
Retail expert Frank Rehme on the future of brick-and-mortar sports retail, what it has to do with Thermomix, why salespeople should become life enrichers and the role of gamification in stores.
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ArticleOmnichannel strategies drive retail success during 2024 holiday season
Research shows: More consumers appreciate buy-online, pick-up-in-store options.
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ArticleAdidas to replace Puma in new track and field partnership
Adidas will put their stripes on the athletes of the Norwegian track and field national team for the coming eight years.
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ArticleRussia hammers out new import-replacement plan for the sporting goods market
The Russian government has released an updated sporting industry development program through 2035, declaring import replacement as a key target for the domestic market in the coming years.
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ArticleOn eyes younger consumers and new markets
The Swiss company adds retail partners around the world, is pleased with it´s 2024 and looks for more progress 2025 toward its 2026-2027 financial goals.
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ArticleJD Sports warns on profit again as rivals discount stock
JD Sports has issued its second profit warning in two months, citing heavy discounting among market rivals.
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ArticleE-com giant makes a big AI investment and 10% of staff has to leave
AI and new tech are set to replace over 100 employees at fashion online retailer Boozt when the company aims to reach €1.5bn in turnover.
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ArticleArmada’s first ever ski boot is out
The freeski brand of Amer Sports makes a major investment to manufacture a new, high-quality ski boot in five versions.
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ArticleDesport is on the fast track to complete the last Decathlon project in Russia
Desport, a successor of Decathlon in Russia, plans to launch its largest store in Khimky, the Moscow Oblast, by the summer of 2025, the company has recently revealed.
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ArticleAddias has signed with a 33-year-old tennis pro
It’s never too late to get a sponsorship deal. That shows Adidas’ latest tennis signing just before the start of the Australian Open.
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ArticleOver 9% decline in Italian footwear sales expected by 2024
Data on industrial production released by the national statistics office Istat painted a bleaker picture, indicating that footwear output fell by 18.9 percent in the first nine months of 2024.
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ArticleBlue Tomato has opened its 90th store
Stockholm is the latest city to welcome the Austrian tomato since Blue Tomato recently opened its latest store in Mood’s hip, central galleria.
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ArticleBurton hires two new female executives to drive growth
Vermont-based and legendary snowboard company Burton has added two new members to their management.
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ArticleCastore partners with its third F1 team
Formula One spotlight on: Just after Adidas entered the racewear business, Castore announced its third partnership deal, this time with a French team.