More Headlines – Page 38
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ArticleLululemon expanding further in China, EMEA
With its international business growing strongly and its U.S. business projected to regain its mojo, it will expand its presence in Asia.
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ArticleDb bags investment from LVMH Luxury Ventures Fund
Backed by the minority investment fund sponsored by LVMH, Db aims to redefine premium travel gear for creatives around the globe.
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ArticleFW 25/26 winners of the Scandinavian Outdoor Award announced
The award highlights sustainability, design and functionality innovations, showcasing standout products made by Nordic companies for active and daily life.
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ArticlePatagonia, Gore, Icebug and Bureo talk innovation at ISPO
Three key persons from three outdoor companies came together for a panel talk about innovation.
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ArticleKey Q3 developments lead Foot Locker to lower FY guidance
Foot Locker’s operating income fell 74% to $12 million in Q3. Total sales declined 1.4% to $1.96 billion.
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ArticleUnprecedented supply chain challenges for German companies
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China.
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ArticleNew CEO of Houdini who strengthens leadership for global growth strategies
The outdoor brand announces leadership changes to innovate and scale responsibly in key global markets.
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ArticleNew biodegradable midsole technology unveiled by OrthoLite Cirql at ISPO Munich
Cirql Zero offers complete biodegradability and scalability and aims to reshape sustainability standards in the footwear industry.
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ArticleTennis players in the world rise above 100 million for the first time
Asia is the continent with the highest absolute number of players, while the US is the country with the highest number of tennis players.
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ArticleISPO Munich 2024 in a nutshell
SGI Europe’s editorial team gathers the news and trends of ISPO Munich 2024 and gives their own impressions.
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ArticleHigh cost of borrowed funds hurts Russian sporting goods industry
The Russian Central Bank having jacking up the key interest rate on loans to a historic high, Russian sporting goods manufacturers and retailers may be forced to revise their development plans in 2025.
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ArticlePOC presents third Hedvig Wessel signature collection
The new line celebrates the roots and creativity of the Norwegian freeride champion.
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ArticleRental business is a driving force with double-digit growth at Intersport Austria
Winter sports accessibility is increasing as expanded rental services, sustainability initiatives and family-friendly offers at Intersport Austria lead to solid growth.
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ArticleRussian sporting goods market is flooded with fakes
The share of counterfeit fake products on the Russian market has expanded since 2022. This is SGI Europes staff member Vlad Vorotnikov reporting.
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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.