More Headlines – Page 23
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ArticleOakley: ‘We see a stronger interest from younger consumers’
Oakley’s Harry Cockburn discusses the brand’s growth across apparel, snow sports and lifestyle, focusing on innovation, athlete collaborations and market expansion.
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ArticleFoot Locker reports Q1 loss as ‘soft’ Europe drags down comparable sales
Two weeks after entering into a definitive merger agreement with Dick’s Sporting Goods, Foot Locker formally reported results for the period ended May 3.
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ArticleFrasers Group becomes new majority owner of XXL, as Altor sells entire stake
The inevitable has happened. XXL’s majority owner, Altor, has accepted Frasers Group’s bid for its stake in XXL, making Frasers the new majority owner of XXL.
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ArticleXXL and Stadium could face millions in fines on price fraud
Ten companies have once again misled consumers with their pricing, according to the Swedish Consumer Ombudsman. If no improvement is made, the Swedish chains risk heavy fines.
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ArticleMacron signs new partnership deals in football and rugby
The Italian sportswear brand has announced new partnership agreements with Coleraine FC and Gloucester Rugby.
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ArticleAsics and Adidas stop using kangaroo leather, but what’s next?
After Puma, Nike and New Balance stopped using kangaroo leather, Adidas and Asics have now communicated that 2025 will be the final year the material will be used in the production of football cleats.
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ArticleOn brings prior H&M CEO to its board for global growth
Swede Helena Helmersson brings loads of routine from a long career in the fashion industry when On wants to raise its growth tempo.
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ArticleTopsports International’s FY operating profit sinks by 43%
Topsports’ annual operating profit slipped by 43 percent to 1,529.7-million-yuan renminbi (€194.8m).
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ArticleDeckers’ Q1 sales rising less than expected as tariffs start to bite
Sales in the first quarter will rise to $890-$910 million from the $825 million reported the year before.
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ArticleSwedish ICIW grew 20% in 2024, aims for more European markets
Swedish gym brand ICIW (short for I Can I Will) started in 2012. Today it is established in several of Sweden’s largest gym chains and is available in over 300 stores across the Nordic region and Europe, at sports giants such as Stadium, Intersport, and etailer Zalando.
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ArticleVF Corp. brands The North Face and Timberland post higher Q4 sales
Timberland revenues grew by 13%, and The North Face reported a 4% constant-currency increase in Q4 sales.
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ArticleJD Sports warns over US tariffs as Q1 sales, FY profits fall
Revenue rose 8.7 percent to £11.45 billion (€13.5bn). Gross margin fell 20 basis points to 47.8 percent reflecting the acquisitions.
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ArticleDanish running brand MOVV gains ground in Europe
Running specialty retailers see high demand, and the brand is invited to the Sport 2000 Running Experts Fair.
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ArticleConsumer spending 2025 signals cooling growth and rising inequality
Global consumption continues to rise, but the pace is slowing. According to World Data Lab’s latest World Consumer Outlook 2025 (WCO#7), presented on May 15 alongside insights from a panel of chief economists, spending patterns are shifting regionally, demographically, and structurally.
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ArticleBjörn Borg rose 9.0% during Q1, shoes showed three-digit growth
The footwear segment improved threefold, growing by 208 percent, and sportswear by 13 percent compared with 2024.
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ArticleAmer Sports hikes FY25 guidance, will navigate import tariffs
The group’s Q1 operating profit rose 97% YOY to $214.2 million from $109.0 million on 23% revenue growth to $1,472.5 million from $1,192.5 million.
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ArticleNorwegian retail back on track, Q1 2025 shows growth
After fighting many economic challenges in 2023 and 2024, Norwegian retailers showed 3.6 percent growth in Q1 2025.
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ArticleSmall brand, big stride: Tapping into the power of running clubs
It’s no secret that brands love running clubs for brand activation. Here’s how to join the fun.
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ArticleAsics introduces four-legged ambassador to promote mental well-being
Asics has recruited Felix the Samoyed, one of Instagram’s favorite dogs, with 1.2 million followers.
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ArticleGrupo SBF’s adjusted Ebitda slips by 4.9 percent in Q1
The Brazilian group said it was pleased with the performance of its Centauro group in Q1.
