All PDF Newsletter articles – Page 3
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 39+40
Sporting Goods Scorecard Q2 2022 - Top performers by sales and profit | VF Corp. maps out growth strategy, trims FY23 outlook | KMD Brands sees sales momentum resuming | JD takes cautious view on H2, encouraged by European recovery | International is important cog in Columbia’s growth plan | 74 percent of post-consumer textile in Europe is recyclable | McKinsey has some advice for inflationary times | E-Commerce: Secondhand marketplaces on the rise | Amazon Marketplace reports significant growth in Germany | Cross-border commerce publishes first online retail ranking | Microsoft survey sees managers mistrusting hybrid working models | Corona regulations eased in additional countries | FESI releases manifesto to promote physical activity among young girls | Adidas exhibits its “made to be remade” products in London | Kanye West seeks to part ways with Gap | Fanatics inks new deals with UEFA and ICC | North America gets its first pro pádel league | Eurobike 2023 offers exhibitors three-day B2B participation
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 37+38
Global sports apparel market bounces back, Europe up 33% in 2022 | ISPO Munich 2022: What to expect | Why sporting goods industry inventories rose by 57% in Q2 2022 | Peloton’s co-founders Foley and Kushi step down | Reebok names new CEO as Matt O’Toole moves to ABG | Gymshark opens first brick-and-mortar store | Physical retail in Sweden grows 3% in 2021 | Lululemon stays on strong course, no change to markdown strategy | Zumiez adjusting assortments as customers seek value | Canada Goose shows optimism about consumer demand | Chairman of Pou Sheng resigns, successor already in place | Nike teams up with ILO to reduce road accidents among garment and footwear workers | New Wave Group acquires B.T.C. Activewear | ESG Report 2022: Alibaba reduces carbon footprint by 620,000 tons using renewable energy
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 35+36
Kasper Rorsted to leave Adidas | Peloton Interactive posts $1.24 billion Q4 loss | E-commerce, DTC model bolstered Anta H1 Sales | Foot Locker lowers FY22 outlook slightly, but stock soars on CEO hire | Norwegian sports specialty market grew by 3.6% in 2021 | Callaway Golf to change company name | Canada Goose appoints president for its China business | Xtep profit jumps 38 percent in H1 | 361 Degrees reports 8.7 percent gain in H1 operating income | Super Retail Group posts strong H2 comps | Björn Borg’s sales are down but own e-commerce posts strong growth
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 33+34
Adidas braces for more China woes, potential slowdown in global consumer spending | Signa Sports United results impacted by continued bike woes | On Holding AG keeps rolling on, raises FY guidance again | Asics Corp. H1 sales bolstered by running, hikes FY outlook | Fila’s Q1 revenues boosted by Acushnet, royalty income | Callaway generates double-digit sales gains across all segments, raises FY outlook | Wolverine outperforms in Q2, but lowers FY forecast | Li Ning gets double-digit H1 sales gains from running, basketball | Yue Yuen H1 profits dragged down by Pou Sheng | Brooks Running posts 11 percent increase in Q2 global revenue | Tenson sells ColourWear to Swedish Active Brands Group | ISPO Shanghai in Nanjing with record attendance | Hanesbrands remains committed to Champion despite difficult quarter | Canada Goose revenues rise 24 percent in seasonally small quarter | Allbirds shrinks staff and cuts costs while Q2 loss increases | New Wave’s Sports & Leisure segment sees 53% sales growth in Q2 | Zalando publishes Q2 figures and reveals adjustment plans to improve order economics | Crocs lowers outlook, stock price takes hit | Nautilus maintains H2 outlook despite tough Q1 | Yonex hikes FY outlook on pleasing China recovery | GoPro Q1 revenues driven by subscriptions, EMEA and APAC | Alpargatas sees Havaianas’ revenues fall double-digits in U.S., China | Archroma takes over Textile Effects business from Huntsman
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 31+32
Athletic footwear global sales surged 26.4% in 2021 | Puma raises FY revenue outlook, maintains Ebit forecast | Under Armour prepares for inventory challenges, major drop in FY gross margin | Hoka hits new heights, aims for more | VF posts quarterly loss, but EMEA is strongest region | Frasers Group recovers from Covid and posts rising profits | Alibaba seeks initial listing on Hong Kong Stock Exchange, maintains listing on NYSE | Skechers adopts cautious H2 outlook, plans further distribution center investments | Technogym H1 results pumped up by B2B, North America | Garmin’s Q2 revenues hurt by another double-digit drop for fitness | Bogner records most successful financial year since | Grupo SBF generates 32% of quarterly sales from digital | Shimano sees strong H1 demand despite “cooling down” signs | Moncler results bolstered by big EMEA sales gain | Columbia revises FY22 outlook, will lean on key markets
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 29+30
XXL ASA’s Q2 profits dip 81% on lower sales | Korean F&F group to acquire Sergio Tacchini | Peugeot Frères Industrie acquires Julbo | Sinking euro signals EU’s slowing economic growth | Adidas releases factsheet on its diversity, equity and inclusion | Russia sees hike in online sales of sporting goods as fears rise over counterfeits | Elevate Outdoor Collective’s new ‘One Team’ approach restructures global sales | Coats acquires Texon | New brand to replace all Sport 2000 private labels from summer 2023 | Frasers Group’s former auditors fined in the U.K. | McKinsey study on textile waste recycling sees economic potential, points out bottlenecks
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 27+28
Analysis: Sporting goods industry stocks down more than 14% in Q2 2022 | Nike net dips 5 percent on Greater China, persistent supply chain woes | Private Sport Shop and SportPursuit merge to form Sportscape Group | Lululemon expands international presence with launch in Spain | SSU outlines U.S. growth strategy | Sportmaster reportedly withdraws from Poland | China Dongxiang posts annual loss on lower revenues | Odlo acquires British sailing brand Henri-Lloyd | Sales up by 18.3% at Decathlon Spain | Intersport Austria sees business model confirmed; outdoor, ski and bike lead the way | Intersport Germany: Growth in challenging times, new store opens in Bad Homburg | The Lycra Company announces new ownership
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 25+26
Sales per employee increased 18% in 2021 | OutDoor by ISPO 2022: Back in business | JD Sports doubles profits but sees flat earnings this year | Saysh secures $8m in funding from Gap’s Athleta and others | U.K. rail strike deserts rail stations and heavily impacts retail companies | McKinsey surveys the metaverse | Sport 2000 wants to stand united internationally | GfK reports Europe-wide retail turnover increase of 6.8 percent in 2021 | Asics releases sustainability report | Outtra establishes expert advisory board | Mips with new strategy, updated financial targets | Closed paper mill in Finnish Lapland becomesInfinited Fibers’ new factory | U.S. ban on imports from Xinjiang goes into effect
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 23+24
Analysis: Sporting Goods Industry Scorecard Q1 2022 | CoDi to acquire PrimaLoft | Signa Sports United Q2 sales bolstered by acquisitions | Lululemon delivers balanced, consistent growth in Q1 | Hummel reports record year, triples German business over last three years | Zumiez Q1 derailed by tough comparison, higher costs | FESI outlines strategic development plan for 2022-2025 | New Frasers Group CEO reorganizes leadership team | Nordic Swan Ecolabel increases focus on textiles | Growth in German e-commerce continues to normalize
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 21+22
Foot Locker sees FY sales at top end of estimates as Q1 hit estimates | On raises full-year guidance after beating expectations in Q1 |VF Corp going strong despite slowdown in Q4 sales due to China lockdowns | JD Sports lifts annual guidance despite footwear shortages | Deckers’ revenues top $3 billion for first time, Hoka set to surpass $1 billion | Frisk to step down from all positions at Under Armour | Canada Goose will drive DTC sales higher this year | Gymshark FY profit up 47 percent, readies London store | Yue Yuen profit dips on retail drag | Fila’s Q1 operating profit dips on supply chain, Acushnet expenses | Nautilus reports Q4 loss as retail re-orders drop | Mizuno hit record EMEA results last year | Thule Group enters new categories, updates financial targets | Wibe to step down as chief executive of XXL | Helly Hansen replaces Phenix as apparel supplier to Norwegian ski team | DeportesCronos to expand Portuguese footprint
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 19+20
Adidas reins in FY expectations as Q1 sales dip, China struggles | Under Armour tempers 2023 growth on near-term challenges | Peloton Interactive working to get wheels aligned as losses mount | Wolverine Worldwide hires Boston Consulting, re-iterates outlook | Columbia Sportswear posts double-digit sales gains in EMEA, U.S., led by footwear | Asics profit dips 17 percent in Q1 | Topgolf tees up earnings guidance rise for Callaway after strong Q1 | Allbirds adopts more cautious FY22 outlook | Crocs Bolstered by higher ASPs, Heydude acquisition | Zalando launches a profit warning as sales decline for the first time | Acushnet sees supply chain constraints hamper resultsRocky Brands posts strong Q1 sales, profits | Moncler posts 61% sales gain in Q1 | Polygiene posts higher net sales in Q1, sees decline in operating profit | Mips reports excellent first quarter | GoPro swings to Q1 profit as DTC sales boost revenues | Vulcabras bolstered by sports brands, e-commerce | EMEA paces Havaianas’ growth for Alpargatas | Yonex bolstered by badminton in Covid recovery year | Grupo SBF generates 88 percent sales increase in Nike business | Airesis sees FY losses narrow as revenues rise 41% | Adidas steps into the void left by Nike at Foot Locker
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 17+18
Puma maintains FY guidance despite 20% sales jump in Q1 | Lululemon aims to double its sales, focuses on international expansion | Sporting Goods Scorecard: The top performers by sales, revenue and profit | Swedish sports retail down in Q1 according to Svenskt Sportforum | Brooks stronger than ever as running industry grows | Thule’s margins hold up as Q1 sales grow 20% | Garmin reports record first quarter revenue, growth in nearly all product segments | XXL fails to get boost from Mother Nature in Q1 | Skechers performs despite China, supply chain concerns | Sweden’s Löplabbet continues to grow and breaks new records | Original Buff is closing out a year of “sales corrections”
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 15+16
Analysis: Industry stocks fell more than 16% in Q1 | Revenues up by 18% at Decathlon France, up 21% globally | Wintersteiger returns to profit, plans spin-off of its divisions into independent entities | Blackwells urges Peloton to transform or sell | X-Technology reorganizes leadership team | The Italian “sport system” accounts for 3.6% of the country’s GDP, new report says | Russian sporting goods market hit by economic turmoil | Nike remains the world’s most valuable apparel brand | Is Korea the new driver of golf? | Yearly cross-border e-commerce ranking sees DTC sales on the rise
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 13+14
Nike encouraged by China and digital momentum | Lululemon keeps chugging, first annual profit in EMEA | KMD Brands aims to return to growth in second half | DTC, e-commerce drive topline for Anta Sports Products | Rossignol bounces back in 2020/21 | Fila Holdings’ annual profit bolstered by Acushnet and China | Li Ning posts strong annual results | Strong 2021 for On | Technogym with strong wholesale growth | 361 Degrees to pump more resources into e-commerce | Xtep’s five-year revenue target bolstered by retail expansion | Vuori expands into Europe, Australia and Canada | The sponsors and partners of FIFA World Cup 2022
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 11+12
Adidas sees sales continuing to fall in Q1 but is optimistic for the year | Tecnica Group shows resilience | Mizuno and Under Armour help Vulcabras to sell more athletic shoes and apparel | Yue Yuen turns around despite a volatile operating environment | Ratcheting up European store growth, Zumiez sees a path to break-even in the region | Sport 2000 Germany reports best result in company history; outdoor, ski touring leading the pack | Women in sports business: facts and figures on international women’s day | Russian footwear market faces a crisis | European Alliance for Physical Activity launched by cross-sector associations | Kering acquires Maui Jim, and Zeal Optics | Ram quits Champion’s parent to run Clarks | Marks & Spencer invests in brand platform The Sports Edit | Joe Nimble and Huntsman collaborate on high-performance running shoe | Norges Bank halts GPFG investment in Li Ning | International Padel Federation unveils name, logo and dates of new official padel tour | The Climate Pledge announces nearly 100 new signatories
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 9+10
Puma sees 2022 sales up at least 10%, headwinds from higher costs, China | Sweaty Betty delivers for Wolverine as Q4 revenues rise | Adidas completes divestiture of Reebok; launches new share buyback program | Signa Sports United grows by only 10.6% as bike supply issues persist | Brooks crosses the $1 bn milestone, growing by 31% globally and by 25% in EMEA | The sports world reacts to the invasion of Ukraine | Driving toward breakeven results, Allbirds preps a wholesale strategy | Crocs expects $6 billion in sales in 2026 | Foot Locker shares take hit on waning Nike product assortment | CoDi foresees slower growth in 2022, postpones 5.11 IPO | Sales surge in Polygiene’s Q4 despite logistics and raw material supply challenges | Global footwear market estimated at $440 billion in 2026 | Moncler’s 2021 sales surpass €2 billion | Yonex jumps by 51.1% | Acushnet suffers setback in Q4, but had a solid year thanks to global golf boom | Odlo buys Janus and moves its wool production to Norway | iFit Health & Fitness raises $355 million in capital, names co-presidents | AliExpress sees global growth in demand for ski equipment thanks to Beijing Games | Sri Lanka’s apparel exports in January set 5-year record |
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 7+8
Potential supply chain constraints may hamper Under Armour’s progress | Entering new markets, Champion could become a $3.2 bn brand | Performance running paced Asics’ gains in 2021 | New CEO as Peloton’s wheels are no longer spinning in place | XXL starts 2022 with a sales dip after 9.4% growth in Q4 | JD gets fined while divesting Footasylum | Kuenzi will join The Athlete’s Foot after a 24% sales gain | Garmin says diversification is key to 2022 growth, but Q4 net dips | Skechers sets sight on metaverse after record 2021 | BasicNet sees significant sales growth in Q4 | etc.
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 5+6
Intersport grows strongly | Adidas regionalizes Europe | A partial farewell from the editor | New digital-minded CEO for Decathlon | New Sport 2000 “clubs” for different sports | SSU predicts a temporary sales drop | Nike reviews logistics | New Balance sees European sales doubling | Strong year-end spurt in Sweden | Inflationary pressures mounting across the board | Italy’s growing industry becomes more sustainable | New ISPO project manager
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 3+4
McKinsey sees growth and polarization | VC bullish on metaverse | Internationalization boosts Spanish e-tailers | JD again raises profit forecast | Lockdowns affect Shenzhou | On sees supply chains ending | Olympics may push China ski sales | Chinese sports firms are doing well | Amer sells Suunto to Chinese firm | StocxX may be working on its IPO | The first ISPO Awards
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PDF NewsletterSGI Europe Executive Edition: Vol 33 - 1+2
Industry stocks fell by 0.5% in Q4 | NPD: Consumers spent 12% more on sports goods in Jan-Sept 2021 | Sports retailers confirm the recovery | Crocs buys HeyDude for $2.5bn | Crocs reassures investors | Alpargatas buys a sustainable sneaker brand | Fanatics acquires Topps | Signa and Central buy Selfridges | ABG and Puma circle the Beckhams | Be agile, creative, consumer-centric!
