All Pádel Nuestro articles
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News briefsStellar 2023 at 360 Padel Group
360 Padel Group’s revenue for 2023 rose 20 percent year-on-year to exceed €60 million, according to TradeSport. The company’s Pádel Nuestro retail division saw B2C sales rise 22 percent, with own stores doubling their sales. B2B sales rose by 12 percent. Sales at the pádel brand Siux (ProPadel Group), with ...
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News briefs360 Padel Group shutters its running e-comm
StreetProRunning, the e-commerce platform set up by the founders of Pádel Nuestro, stopped selling its running shoes and related products on Feb. 2, as we have learned from CMDsport and confirmed on the website. The company is still handling guarantees and returns. StreetProRunning came online in the summer of 2016 ...
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ArticleA challenger rises in Spanish pádel e-tail
In its three years of operation, Padel Pro Shop has reached €10 million in annual sales, and its latest annual results for 2023 represent a year-on-year increase of 95 percent. For the new year, the online retailer’s objective is to achieve another increase in annual sales, this time of 60 ...
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ArticlePádel Nuestro ups its year-end sales forecast
Pádel Nuestro Group is forecasting an increase in annual sales of 27 percent, to €65 million, for full-year 2023, according to CMDsport. This is up from November’s forecast of €62 million. E-commerce should account for about 55 percent of the total. In what parent company 360 Padel Group’s CEO is ...
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ArticleWorld’s top pádel retailer optimistic despite glut
360° Padel Group has reduced its current year revenue forecast to €62 million, according to CMDsport, as the industry-wide inventory glut has sparked a margin-narrowing price war. However, by the end of 2023, it hopes to be operating more than 500 physical stores between its Pádel Nuestro and Pádel Nuestro ...
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News briefsHead of operations out at Pádel Nuestro
Pedro Martínez, head of new business at Pádel Nuestro and at its parent company, 360 Padel Group, resigned at the start of September, bringing nine years of employment to a close with the overall company – as Palco23 reports. Martínez served first, for most of 2015, as Padel Nuestro’s head ...
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News briefsPádel Nuestro helping to restore a lagoon
Pádel Nuestro is lending a hand to Spanish environmental non-profit, Asociación de Naturalistas del Sureste (Association of Southeast Naturalists, or ANSE) in its efforts to restore a saltwater lagoon off Murcia. Tons of fish died in the Mar Menor (Minor Sea), as the lagoon is called, in the autumn of ...
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News briefsTop Spanish pádel shop helps expedite recycling
Pádel Nuestro has signed a deal with Bown Sports & Sustainability, a promoter in Spain of a recycling initiative whose name, er, sounds like “sustainables.” Source: Pádel Nuestro The objective of the SustainaBalls program is to collect used tennis and pádel balls. It does this by setting ...
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News briefsRecord sales for Pádel Nuestro
Pádel Nuestro not only expects to close out the current year with record sales of about €55 million, up by 10 percent from last year but also projects a further rise to €80 to €85 million for 2023 – this according to CMDsport, which cites statements to ABC by the ...
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News briefsLoans to help Pádel Nuestro expand in Sweden
Pádel Nuestro has secured two loans whose total of €2.84 million will go towards acquiring real estate, inventory and other costs associated with opening own stores in Sweden’s big cities. The group has six Swedish stores already, all of them franchises. The lender is COFIDES, public-private company combining Spanish state ...
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News briefsPádel Nuestro has a new owner, looks to Japan and the U.S.
Business is brisk in pádel. As Technifibre CEO Nicolas Préault said in our recent interview with him, “Padel is booming as l have never seen a sport boom before.” On July 6, by infusing capital and acquiring stakes, Ergon Capital Group has taken a majority position in 360° Padel Group, ...
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News briefsPádel Nuestro to open world’s largest pádel store
Pádel Nuestro – now with a new logo – says that on July 15 it will be opening the world’s largest pádel store, a flagship of 500 square meters at 41 Calle María de Molina in Madrid. The customers will be permitted to test racquets before making a purchase. The ...
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News briefsPádel Nuestro to expand its retail footprint
Pádel Nuestro will be expanding its physical retail footprint domestically and abroad. While acknowledging the ever-increasing importance of the internet, especially for product information, the Spanish chain seeks to enrich the “customer experience,” as only physical retail can. Currently, it operates 22 stores at home, four in Portugal, five in ...
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News briefs
Real Madrid, Adidas sponsor pádel tournament
The third edition of the “Solidarity Circuit” Fundación Real Madrid by Santander began recently with a pádel tournament at the Mad4Padel club in Madrid. Among the participants were Iker Casillas, Felipe Reyes, Seba Nerone, Luis Milla, Miguel Torres and Lorenzo Sanz, representing such companies and bodes as Banco Santander, Pádel ...
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News briefs
Pádel Nuestro wins Spain’s Internet Prize
Grupo Pádel Nuestro won one of Spain’s Internet Prizes (Premios de Internet) on May 17, also known in the country as Internet Day. Established in 1996 by Spain’s Association of Internet Users (Asociación de Usuaros de Internet), the award recognizes initiatives, persons or organizations that make good use of the ...
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News briefsPádel Nuestro renews tournament sponsorship
According to CMDsport, Pádel Nuestro has extended to 2023 its deal to be the “premium” sponsor and official store of the Challenger youth tournaments put on by the World Padel Tour (WPT) and Ultimate Padel Company (UPC). The original deal dates to last year and the tournaments have since evolved ...
