Latest Headlines – Page 42
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ArticleXXL sees some recovery in Sweden, reports another loss
The struggle to reach profitability for Scandinavin sporting goods retail group XXL is far from over. In Q3, ended Sep. 30, group Ebit was NOK -191 million (-€16.0m) versus NOK -155 million in the year-ago period.
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ArticlePuma maintains FY24 outlook as Q3 sales rise in all regions
The Puma group continues to expect a mid-single-digit (ca) annual sales increase and an FY24 Ebit range of €620 to €670 million, flat to up 7.8 percent for the period.
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ArticleIntersport teams up with AC Milan and Puma to inspire next generation ball wizards
For over 100 times, Intersport has arranged the Footlab Experience. The latest was held at Puma House of Football together with AC Milan and Puma to give inspiration to next-generation football players.
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ArticleVulcabras’ profit rises 35 percent in Q3
The Brazilian footwear group’s Ebitda margin expanded by 90 basis points to 25.1 percent for Q3. The company’s gross margin inched up by 20 basis points to 43.1 percent from 42.9 percent.
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ArticleZalando reports solid growth in B2C and B2B in Q3
The online retailer’s Q3 revenue grows 5% to €2.4bn, with strong gains in B2C and B2B. Investments in loyalty and lifestyle boost customer engagement.
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ArticlePuma CEO and others discuss new brand positioning in sports
Sport Marke Medien, a conference during ISPO 2024, brings together representatives from Puma, Bundesliga, FC Bayern, Cupra, Lidl and more, to discuss new ways to position brands in sports. And it’s free to attend.
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ArticleLeki and Hestra announce gear partnership
The winter sports equipment brands are joining forces to introduce a new glove line in winter 2025/26.
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ArticleNew partnership promotes transparency in tracing plastics recycling
A recycling advisory firm and blockchain platform are enhancing transparency and accountability in plastic recycling with a credible data system.
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ArticleISPO Munich 2024 unites top sports brands and speakers
The trade show in Munich will gather top brands, thought leaders and pioneering speakers for a dynamic showcase this December.
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ArticleGildan sales outside North America increase by 20% in Q3
Gildan, the Canadian activewear group, reports Q3 operating income up 24.5 percent.
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ArticleMoncler nine-month sales rise by 6 percent
The Italian luxury group reported a 6% revenue rise over nine months, led by robust direct-to-consumer sales and substantial gains in Asia, despite challenges in Japan.
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ArticlePeloton beats Q1 guidance, hires new president and CEO
Peloton boosts FY25 outlook as it appoints Apple veteran Peter Stern to lead in January, with Q1 showing improved margins and cash flow turnaround.
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ArticleColumbia Sportswear reports margin improvement despite sales decline in Q3
Columbia Sportswear saw a 5% revenue decline in Q3, but it boosted its gross margin thanks to lower freight costs and a favorable sales mix. Despite lower US demand, growth in EMEA and LAAP regions balanced results.
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ArticleGarmin posts double-digit sales gains in all segments
The Swiss company boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments.
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ArticleCrocs cautious on FY sales outlook as Heydude recovery drags on, China growth slows
Crocs reports strong third-quarter results. Heydude is lagging behind, while international sales are fueling growth for the Crocs brand. The outlook for the Chinese market is more cautious in light of shifting demand.
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ArticleCarbios and several partner brands unveil first 100% ‘fiber-to-fiber’ biorecycled T-shirt
The French biotech company, along with On, Patagonia, Puma, PVH Corp and Salomon, introduces the world’s first T-shirt made entirely from biorecycled textile waste.
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ArticleRIDC and The Running Event mark four years advancing diversity
TRE partners with RIDC for the fourth year, promoting inclusion and racial diversity within the running industry.
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ArticleAdidas Q3: Ready to deliver revenue growth of 10%
In its Q3 report, Adidas says it is examining a business model focused on a new generation of consumers and is ready to deliver currency-neutral revenue growth of approximately 10% in 2024.
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ArticleVF Corp.’s turnaround continues to take shape
VF Corp. continues to make progress on its turnaround plan, delivering sequential sales improvement, a year-over-year increase in gross margin, and a 13 percent reduction in inventories in the second quarter that ended September 30.
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ArticleThe ‘Revice’ project is launched by Decathlon Germany
The new Revice project enhances repair services across Germany, accelerating circular economy efforts to quadruple repaired items by 2027.
