All Racquet Sports articles – Page 12
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News briefs
Racquet sports equipment market to grow 4.3% by 2031
The global racquet sports equipment market is projected to reach $272.4 million by 2031, growing at a compound annual growth rate (CAGR) of 4.3 percent from 2022 to 2031, according to a new report by Dublin-based Research and Markets. The growing demand will be driven by increased fitness consciousness among ...
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Article
The rise of pickleball, and a shift in sports
The Association of Pickleball Professionals (APP) has released its Pickleball Participation Report on the status of its sport in the U.S. If the “nearly 2,500 nationally representative adults” (over the age of 18) are, in fact, representative, pickleball is getting big.
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News briefs
Wilson signs first head-to-toe brand ambassador
Wilson Sporting Goods has signed up professional tennis player Marta Kostyuk as its first head-to-toe (rackets, footwear and apparel) Wilson advisory staff member. The 20-year-old Ukrainian rising tennis star has career-high rankings of 49 in singles (Feb. 2022) and 39 in doubles (Sept. 2022). She recently made the quarterfinals at ...
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News briefs
Munich expects 35% sales increase and opens new stores
Spanish sneaker brand Munich expects its sales to jump by around 35 percent in the full fiscal year ending March 31, 2023, to reach €65-70 million. In an interview with trade publication FashionNetwork, Munich CEO Xavier Berneda said that the company’s revenues are projected to exceed last year’s record sales ...
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News briefs
Footjoy and England Golf agree on multi-year partnership
England Golf has announced an exclusive three-year agreement with Footjoy as its new official apparel, footwear and accessory partner. As part of the deal, all England Golf national squad members will be kitted out with the full range of Footjoy product at international events and championships. The agreement will also ...
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News briefs
Head’s pádel team has a new international tour manager
Head has promoted Jordi Vives from marketing and promotion manager, his post for the last two years, to international tour manager for pádel. He will now be working with Thomas Bischof, director of pro players. Vives hails from Barcelona but studied in the U.S., where he also established a background ...
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News briefs
L.A. gets first pro pádel franchise
EEP Capital, which describes itself as the first venture-capital fund devoted to the sport, has purchased the first pádel franchise in Los Angeles. The team will be playing within the Pro Padel League, the professional league in the U.S. EEP Capital is tied to and shares management with EE Padel ...
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News briefs
CIP to attend this month’s Padel Trend Expo
The International Pádel Cluster (CIP) will be exhibiting at Padel Trend Expo Milan, as will many of its associated brands: Babolat, Bullpadel, Enebe, Gimpadel, Head, Just Ten, Kelme, Mejorset, Mondo, Okatent, Paddeo, Padel Courts Deluxe, Padel Galis, Playtomic, Set, Softee, Starvie, Stop Sudor, Vibor-A and Wilson. Scheduled for Jan. 13-15, ...
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News briefs
European Games admit pádel
Pádel is angling for a spot on the list of Olympic sports, which now includes skateboarding, trampoline and even breaking (break dancing). The president of the International Padel Federation (FIP), Luigi Carraro, seems to have taken the sport a step closer to this goal. Back in July 2019, he appealed ...
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News briefs
Premier Padel aiming high for 2024
Having just wrapped up its first season, with final matches in Milan, Premier Padel is looking to become pádel’s top tournament by 2024. Organized by the International Padel Federation (FIP), supported by the Professional Padel Association (PPA) and underwritten by Qatar Sports Investments (QSI), the tournament is hoping to establish ...
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News briefs
DP World Tour and PGA Tour partner with Professional Golf Tour of India
DP World Tour and PGA Tour have jointly announced a new strategic partnership with the TATA Steel Professional Golf Tour of India (TATA Steel PGTI). The agreement includes a commitment to developing golf in India and a pathway for the country’s best players to reach the top levels of the ...
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News briefs
All for Padel not quite all pádel
CEO José Luís Sicre announced at this month’s seventh edition of International Padel Days in Barcelona that All For Padel is looking to make good on its slogan, “Not everything’s padel,” especially when it comes to international expansion. According to CMDsport, the Adidas retail licensee is looking to move into ...
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News briefs
Bunkered Live golf show to return in 2023
The Bunkered Live consumer golf show, which debuted this year, will return in 2023. The exhibition will return to the NEC in Birmingham on Feb. 24-26, followed by a second event at the Royal Highland Centre in Edinburgh on March 24-26. Bunkered Live is an evolution from the Scottish Golf ...
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News briefs
Lacoste becomes official partner of the Madrid Open
Lacoste has agreed on a three-year deal with the Madrid Open as the tournament’s official footwear and apparel sponsor. The tennis tournament, currently sponsored by Mutua Madrileña and also known as Mutua Madrid Open, is one of nine ATP Masters 1000 and four WTA 1000 mandatory events. The tournament is ...
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News briefs
Koi Golf launches its first apparel collection
Koi Golf, a new U.K.-based company, is introducing its first golf apparel collection. The initial launch includes a men’s line that comprises polos, T-shirts and a range of golf accessories, including caps, hats, socks and towels. A women’s range and wider men’s range are to follow in 2023, GolfBusinessNews has ...
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News briefs
Decathlon partners with Milano Premier Padel P1
Decathlon Italy has announced a partnership with Milano Premier Padel P1 through its brand Kuikma. The tournament is scheduled to take place on Dec. 5-11 at the Allianz Cloud in Milan. Premier Padel is the official worldwide pádel circuit under the International Pádel Federation (FIP), supported by Professional Players Association ...
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News briefs
Yonex reported strong first half but braces for tough times ahead
Yonex, the Japanese sporting goods company, reported solid first-half results but warned that it anticipates tougher business conditions ahead due to raw material price hikes, the depreciation of the yen, inflation, and general economic condition. The group, however, said it will maintain investments in marketing and human resources “to sustain ...
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Article
On raises outlook again, vows to “protect the position of the brand”
On Holding, after reporting another quarter of strong results, now sees its FY22 revenues growing by 55 percent to 1.125 billion Swiss francs (€1.16b) and its adjusted Ebitda margin hitting CHF 148 million (€152.1m) despite ongoing margin pressure from the combination of a strong U.S. dollar and weak euro. The ...
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Sponsored
ISPO Munich 2022: Health & Fitness and the Padel Village in Hall C1
Premiers, product launches, and exercise for you. This is what to expect from Hall C1 at ISPO Munich.
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Article
Topgolf Callaway tees off with record third quarter; lifts guidance
Topgolf Callaway Brands has lifted annual guidance after a record third quarter and said it continues to see the Topgolf operation as a key driver of growth that will contribute half of the company’s Ebitda in the near future. Group net revenue for the three months to Sept. 30 was ...