More Headlines – Page 51
-
ArticleAnother strong quarter for Deckers as Powers’ era ends
Deckers raises its forecast for FY25 after double-digit sales gains for both its Hoka and Ugg brands.
-
ArticleColumbia reports Q2 loss, but brand awareness rises in Europe
Columbia Sportswear’s guidance for the full year remains unchanged despite a loss in the second quarter.
-
ArticleAsics tests production of customized on-demand insoles
Asics and Dassault Systèmes have opened a test studio near Paris to trial on-demand personalized insoles.
-
ArticleSkidata sold to Swedish Assa Abloy group
Swiss-American Kudelski Group has signed a definitive agreement to sell its Skidata business after 23 years to Swedish Assa Abloy.
-
ArticleDTC drives Moncler revenues in H1
Moncler generated a 24 percent increase in H1 net profit to €180.7 million from €145.4 million as Ebit rose by almost 19 percent to €258.7 million.
-
ArticlePolygiene’s cost-cutting measures take effect
Polygiene turned an operating profit of SEK 2.6 million against a loss of SEK 4.0 million in Q2, as cost-cutting measures and strategic changes made last year began to take effect.
-
ArticleMeta reportedly wants 5% in Essilux to develop smart glass business
According to media reports, Meta is in talks to acquire a 5% stake in Essilor-Luxottica, just a few days after the eyewear group announced the takeover of Supreme.
-
ArticlePlaytomic’s 2023 in review for pádel
Playtomic and Strategy&, a division of the PwC accountancy and consultancy, have released the 2024 edition of the Global Padel Report – a 50-page presentation filled with charts and other visuals.
-
ArticleHarnessing major sports events for social and economic growth
We provide you a data-driven perspective on how major sporting events can transform cities and communities.
-
ArticleFrasers calls FY24 ‘a breakout year’ for future growth
Frasers Group, citing its strengthened brand partnerships and the ongoing execution of its “Elevation Strategy,” is eying £575–£625 million in annual adjusted profit before tax for the current fiscal year ending in April 2025.
-
ArticleFootway publishes Q2 report, announces sale of Footway+
As part of the previously announced strategic review, the Board of Directors of Footway Group AB has decided to sell Footway+ with preferential rights for the company’s shareholders.
-
ArticleCraft cooperates with Galeria
Craft Germany, part of the Swedish New Wave Group, is further expanding its presence in German retail through a cooperation with Galeria: With a recently opened 80sqm space at Galeria Rosenheim, the brand presents its entire product portfolio from the categories running (footwear and apparel), bike, training and cross-country skiing. ...
-
ArticleTMRW Sports makes key management hires
TMRW Sports, a technology-driven company founded in 2022 that innovates sports, media and entertainment, has announced key additions to its leadership team with experience in the sports, media and golf industries. The company’s three new hires are Chief People Officer Wendy Caves, Chief Revenue Officer Jason Langwell and Chief Marketing ...
-
ArticleOn with first robot made spray-on shoe
Swiss running brand On has released its biggest product news in a long time. Meet the Cloudboom Strike LS, a spray-on running shoe. Made by a robot.
-
ArticleMichelle Obama’s Plezi Nutrition joins forces with Stephen and Ayesha Curry
Plezi Nutrition, a public benefit company co-founded by former First Lady Michelle Obama in 2023, is teaming up with Stephen and Ayesha Curry as investors and brand partners.
-
ArticleEssilux steps out of line and acquires Supreme, and a med-tech company
The Italian-French group EssilorLuxottica has announced the acquisition of Supreme from VF Corporation. Essilux and streetwear - how do they complement each other? The company also announced the acquisition of the supplier of medical devices Heidelberg Engineering.
-
ArticleAdidas raises FY forecast after better-than-expected Q2
Adidas continues to surf the wave of success of the Q1 report from May. The company’s sales rose 9 percent to €5.822 billion in Q2. The significantly smaller Yeezy business had a negative impact on the year-on-year result.
-
ArticleAfter disappointing Q2 report – XXL’s CEO: “We will cut more in 2024”
SGI Europe spoke to XXL’s CEO Freddy Sobin soon after the company released its Q2 report for 2024, which the company called ”disappointing.”
-
ArticleOn Running opens its 35th store globally – on Champs-Élysées
On is the latest of many brands to open a flagship store in Paris. The 35th store’s address is one of the most iconic in Paris: 65-67 Avenue des Champs-Élysées.
-
ArticleDecathlon sets up new business entity for investments in future-oriented companies
Decathlon announced the creation of Decathlon Pulse, a wholly-owned, independent entity within the group that will invest in “innovative people and businesses” that share the company’s values and commitment.
