Latest Headlines – Page 37
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ArticleHoliday online shopping sets new record in the US – sporting goods up big
From Nov. 1 to Dec. 31, 2024, consumers reportedly spent $241.4 billion online, an increase of 8.7 percent year-over-year. This makes a new record for e-commerce sales for the holiday selling period in the US.
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ArticleZalando report highlights its impact on European economy
The study covers Zalando’s direct gross value added (GVA), number of employees and taxes paid. It analyzes Zalando’s economic impact in several regions, including all of Europe, Germany and specifically Erfurt, where it has one of its logistics centers.
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ArticleAdidas takes up racing battle with Puma – joins F1 team
Puma gets company in the F1 business as big brother Adidas joins the racing circus and partners with the Mercedes-AMG Petronas team.
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ArticleXXL can finally move forward – rights issue raising €60m secured
Norwegian sporting goods retailer XXL has finally gotten the go-ahead from its major shareholders, including UK-based Frasers Group, to carry out a rights issue that will raise NOK 600 million (€60m) for the company.
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ArticleAmer Sports starts 2025 with a technology-filled warehouse opening in the Americas
The new warehouse, situated in Ontario, Canada, introduces cutting-edge technology that will accelerate order processing times and optimize storage capacity, ensuring that customer needs are met efficiently in an area where 26 million people live, the company hopes.
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ArticleNike has a tough run as Q2 results show Ebit down 26%
“This isn’t going to be easy, but we’re ready for the challenge.” Ebit is down 26 percent, after three seasons of loss, but Nike CEO Hill sees light at the end of a long tunnel.
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ArticleSuper Saturday to draw out 157.2m shoppers
No less than 157.2 million people in the US will shop on the last Saturday before Christmas.
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ArticleOutlook 2025: Chances for the sporting goods industry
What does 2025 have in store for the sporting goods industry? Our comprehensive analysis finds six opportunities for growth.
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ArticlePerfect Moment gets non-compliance letter from NYSE
Perfect Moment has been notified that the company does not meet the minimum stockholders’ equity requirements.
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ArticleFrom DTC subscription to wholesale: Why Fabletics Europe is expanding its strategy
The DTC-only Californian activewear brand Fabletics is reaching the limits of organic growth in Europe.
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ArticleBliz Eyewear launches rebranding after EssilorLuxottica takeover
Bliz Eyewear, a Swedish sports eyewear brand, has been part of the EssilorLuxottica Group since January 2024. At ISPO Munich 2024, the label introduced its new look, part of a comprehensive rebranding.
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ArticleHanesbrands supports the homeless in the US for the 15th time
The Hanes for Good program is celebrating its 15th year of helping the homeless.
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ArticlePuma revises climate target for 2030 and looks ahead
Puma, a top manufacturer, is transforming its production to be more sustainable. The German company, therefore, recently adjusted its climate target for 2030.
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ArticleSix years on, UA retells its ‘story’ to investors
Its founder back at the helm, the American “sports house” seeks to streamline operations and increase profit by bringing everything back to its logo and its story.
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ArticleYardsale innovates ski gear with magnetic pole technology
The new US-based ski lifestyle brand is transforming slopes with magnetic pole technology, stylish designs, and a focus on the everyday skier experience.
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ArticleDb CEO after LVHM’s investment – ‘We’re harnessing the tremendous demand from the US’
Db, backed by LVMH, aims to redefine premium travel gear for creatives worldwide. SGI Europe spoke with CEO Richard Collier about how this partnership could be a success for both.
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ArticleZalando is snapping up About You
German online retailer Zalando has said it will acquire fashion group About You in a deal valued at €1.1 billion.
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ArticleParis 2024 is the most followed Games ever
A record 84% of the potential global audience followed the Games, more than halw of the world´s population, suggests new research.
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ArticleISPO talk – Retail’s shift away from the transaction
One of the many talks at ISPO Munich 2024 was “The Renaissance of Retail,” which featured Margit Gosau of Sport 2000, Bründl Sports CEO Christoph Bründl, and two other retail experts.
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ArticleStrava’s latest 'Year in Sport' report highlights preference for more relaxed workouts
People no longer push to the extremes in their fitness routines while run clubs are emerging as the new social hotspots.
