Latest Headlines – Page 40
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ArticleFrasers Group to acquire South African Holdsport
Global retail group Frasers Group has announced the conclusion of an agreement to acquire Holdsport Group, one of South Africa’s leading sporting, outdoor and recreation goods companies, from Old Mutual Private Equity (“OMPE”) and Holdsport’s management. Holdsport is a diversified sports business in South Africa and Namibia. It is home ...
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ArticleMeet SGI Europe and the EDM publications team at ISPO Munich
We look forward to seeing you at our booth and at our panel discussions at ISPO Munich.
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ArticleKlarna made profit for second time in a row in Q3
Klarna, the AI-powered global payments network and shopping assistant, has announced its nine-month financial results. The company’s net profit in the third quarter was SEK 216 million, up 57 percent year-on-year.
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ArticleRecycling partnership targets French textile circular economy
Nouvelles Fibres Textiles and Reju want to tackle the problem of textile waste by creating sustainable recycling systems for producing Reju PET, a polyester with a 50 percent lower carbon footprint than virgin material.
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ArticleRottefella has reached an agreement with Amer Sports and signs license deal
The agreement focuses on innovation in ski bindings and ensures global compliance.
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ArticleClassic French brand enters receivership
Le Coq Sportif will be looking for fresh investments for the next six months.
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ArticleThe Gap ‘increasingly confident’ in Athleta’s trajectory
Third quarter net sales at Athleta rose by 4 percent year-over-year to $290 million as comparable sales increased by 5 percent for the period ended Nov. 2. As expected by parent Gap Inc., the segment’s return to positive comparable sales was attributed to new products and marketing resonating with customers. ...
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ArticleGreen claims: How you get EU regulations and the eco-conscious consumer on board
How can sports and outdoor brands effectively communicate their sustainability efforts without falling into the greenwashing trap? In this expert guide, Dr. Diana Born presents a four-step approach to crafting impactful, data-driven green claims that not only build consumer trust but also align with science-based EU regulations.
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ArticleExploring the intersection of sport, health, and innovation at ISPO Munich
Health is no longer just a personal goal, it’s a global conversation. At ISPO Munich, this conversation is front and center, uniting leaders across sports, wellness, and technology.
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ArticleJD Sports warns profit will be at lower end of range after ‘volatile’ October
The retailer warns of lower profits as October sales slip amid discounting and consumer caution, but expansion plans fuel long-term growth hopes.
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ArticleUN resolution acknowledges sport as an enabler of sustainable development
The UN General Assembly unanimously ratified the resolution.
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ArticleDecathlon to expand heavily in Germany – 60 new store openings by 2027
60 new store openings and €100 million invested in new locations and modernizations. Decathlon Germany’s expansion plans until 2027 are, to say the least, massive.
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ArticleFueled by technical apparel segment, Amer Sports reports strong Q3
The parent company of Salomon, Armada, Atomic and many more brands reports strong growth, led by its premium outdoor and ski brands, and outlines strategic leadership changes and future plans.
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ArticleGuillaume Meyzenq to be Salomon’s new President and CEO
An experienced executive and company veteran is taking charge at Salomon.
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ArticleSGI Europe founder publishes book about sport industry dynamics
A new book by Eugenio Di Maria is designed to be a reference for decision-makers to help navigate the global sporting goods and outdoor market.
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ArticleActive Apparel Group secures B Corp certification
Following Arena, Allbirds and recently Bollé, Active Apparel Group has secured a B Corp certification.
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ArticlePerfect Moment reviewing its European distribution strategy
The group wants to improve margins in the region, which accounted for more than 30 percent of its revenues during the most recent FY, for FY26.
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ArticleGlobal sport market reaches $579 billion in 2023, equipment and footwear offset bicycle decline
The global sport market reached a value of $579 billion in 2023 with a growth rate of 1 percent vs 2022. This shows the latest Global Sport Market Estimate by Circana. The data presents a mixed picture across categories, with equipment and footwear growth compensating for a notable decline in ...
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ArticleAdidas signs first high school women’s player
In the search for the next superstar, brands are signing sponsorship deals with even younger talent. Adidas has partnered with a 16-year-old highschool hooper for the first time.
