Latest Headlines – Page 49
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ArticleIntersport Sweden gets new owners
Adelis sells its shares to a consortium of management, existing minority shareholders and new investors.
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ArticleThree stripes celebrate 75 years
Adidas celebrates 75 years of innovations in the sports industry. Or is it 100?
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ArticleAmer Sports raises forecast, Ball & Racquet Sports sees moderate growth
Arc’teryx drives Amer’s Q2 success, boosting stock by over 10 percent and leading to an upgraded full-year forecast with strong growth in Technical Apparel.
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ArticleNew CEO at Intersport Austria
The group appointed Franz Koll as CEO, succeeding Thorsten Schmitz, who served in the position for the past eight years.
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ArticleNew executive leadership team for Scott Sports
There has been a change in the executive management team in Givisiez after the latest internal disputes.
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ArticleBangladesh’s political unrest threatens global fashion supply chains
The country’s turmoil may hike prices and disrupt sustainability efforts. What could this mean for global fashion?
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ArticleDecathlon leverages Paris 2024 partnership for sales growth and increased brand presence
Decathlon’s partnership with the Olympics increased sales, brand awareness and community engagement – and resulted in six medals.
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ArticleDeckers divests Sanuk
Canadian athleisure brand Lolë bought the footwear brand for an undisclosed sum and announced Katie Pruitt as its new GM.
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ArticleAlibaba Group reports mixed results for quarter, cloud revenue leading growth
Alibaba’s Q2 shows growth in cloud and AI business, but profitability suffers from the company’s significant investments and market challenges.
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ArticleUkrainian sporting goods market on a rollercoaster ride
The Ukrainian sporting goods market has shrunk considerably due to the war; sales and imports are far below pre-war levels, and recovery is uncertain, even if military orders bolster wholesale.
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ArticlePerfect Moment prepares for bigger US business
The British luxury brand expands its US presence with a SoHo pop-up and new distribution centers, aiming to boost its luxury skiwear brand across major cities.
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ArticleNew Q2 record for New Wave Sports, investment in US market launched
Swedish brand New Wave Sports made a total net sales of SEK 2.397.9 million (€208.2m) in Q2 and is looking for more acquisitions in the sports segment.
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ArticleFila Holdings’ Q2 profitability benefits from Acushnet
Q1 consolidated group revenues fell 1.3 percent to KRW 1,175,289 million (€822.7m).
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ArticleOn reiterates FY outlook as EMEA accelerates in Q2
EMEA sales increased by 22 percent to CHF138.4 million (€145.9m).
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ArticleAsics will hit FY26 targets early after blockbuster H1
The Japanese group reported net profit growth of 70 percent to ¥42,219 million (€261.7m) versus ¥24,796 million for the six months ended June 30. H1 operating profit increased by nearly 76 percent to ¥58,996 million (€365.8m) from ¥33,610 million as total revenues grew by 18.0 percent to ¥342,199 million (€2.12b). ...
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ArticleUS Department of Justice wins against Google
It remains unclear how the ruling might affect Google.
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ArticleYue Yuen experiences order book ‘normalization’
Despite that, the world´s largest footwear manufacturer has lower H1 sales.
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ArticleYonex Q1 operating profit swings 20 percent higher
The Japanese sporting goods company’s group sales rose 11 percent to ¥31,067 million from ¥27,992 million.
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ArticleSaucony making progress amid parent’s turnaround
Total sales for the brand under the Wolverine Worldwide umbrella fell by 28% in Q2 compared to the same period last year.
