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ArticleChinese consumers between love for the outdoors and pursuit of premium activewear
China’s outdoor market has reached €20 billion with 23 percent growth. Premium activewear has become the new luxury as consumers prioritize wellness over fashion. Insights from ISPO sessions.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 46+47
Amer Sports posts 30% revenue growth in Q3 FY25 as outdoor brands drive performance | Asics posts record sales with 39% operating income growth | On Holding achieves record quarterly sales of €825m with 25% growth | Mizuno hits €740m in record H1 sales, led by running, football and workwear | Canada Goose posts quarterly loss as DTC growth offsets higher costs from strategic investments | Under Armour beats forecast as North America sales show early signs of a potential turnaround | Profit squeeze at Yue Yuen as labor costs surge and China retail softens | Puma streamlines US licensing with United Legwear & Apparel Co. | VF Corporation completes sale of heritage workwear brand Dickies to Bluestar Alliance | Under Armour ends 13-year partnership with Steph Curry amid restructuring | Canada Goose announces board changes as director retires | Columbia Sportswear appoints Peter Bragdon and Joe Boyle as Co-Presidents under succession plan | Ciele Athletics appoints Corey Stecker as Global Head of Sales | Nike partners with Syre to accelerate circular polyester production | Nike signs multi-year offtake agreement with Loop Industries for circular polyester resin | Lenzing and OceanSafe develop next-gen circular fiber for performance textiles
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News briefsCanada Goose opens Paris flagship
Canada Goose has opened a Paris flagship with a new luxury retail concept, blending technology, craftsmanship and heritage to elevate brand positioning.
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ArticleCanada Goose deeper in the red in Q2 despite DTC boost
Canada Goose loses momentum after strong spring quarter: DTC continues to grow, but rising costs weigh on Q2 results.
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ArticleCanada Goose board changes
Canada Goose has announced the retirement of Stephen Gunn from its board. Belinda Wong is joining the audit committee.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 38+39
VF sells Dickies for $600m in cash | Running reloaded: These shoe brands race ahead of the rest | US Supreme Court awaits after tariffs to hit Vietnam and India | Nike tops the sports category in Time magazine and Statista’s ranking of the world’s best companies | ‘OutDoor’ trade show rebrands as part of European Outdoor Week, moves to Riva | EU and Indonesia sign free-trade deal | VF Corp. sharpens focus on Vans and The North Face | Inditex enjoys a strong start to the autumn/winter season | Fila in collab with Indian brand aiming for Gen Z | Footway invests in logistics center and launches new service | Elan Sports Director promises better service for retail partners | Giorgio Armani leaves instructions for the sale of his group | Nike and Skims launch first collection, marking sportswear-shapewear crossover | UN declaration recognises physical activity as core health intervention | Hoka partners with Sweden’s Unna to relaunch the Speedgoat 2 | Decathlon and Rheon Labs in first, but not last, compression-collaboration | Another Absolute Run store has opened | IOC President creates four new working groups | OrthoLite to open foaming plant in India
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News briefsCanada Goose partners with Beside Group for Middle East expansion
The Canadian brand’s full product range will be offered across retail, wholesale and e-commerce channels.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 30+31+32
Adidas confirms guidance as Q2 sales fall short, tariff costs set to grow | Saucony, Merrell again fuel growth for Wolverine in Q2 FY 25 | VF Corp. aims for accelerated sales growth at The North Face, Timberland | Anta-Reebok: Strategic fit or speculation? What we know so far | Garmin raises full year guidance after strong Q2 | Frasers Group meets profit forecast despite sluggish consumption | Hoka drives Deckers Q1 growth | Int’l markets drive top line at Columbia Sportswear | Canada Goose sales fly higher but operating loss widens | Zalando grows revenue in Q2 2025 | Topgolf Callaway raises Ebitda guidance after Jack Wolfskin sale | AI-commerce: ChatGPT is becoming a shopping platform | AI and its frontrunners – the US and China | Starvie joins the GSIC | Olympic champion Laura Dahlmeier dies at 31
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ArticleCanada Goose sales fly higher but operating loss widens
The Canadian company grew sales and margins in Q1, but persistent cost pressures and weakness in EMEA markets led to a deeper operating loss.
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PDF NewsletterSGI Europe Executive Edition: Vol 36 - 28+29
Warburg Pincus will acquire a majority stake in Uvex | Analysis: Inventory levels in the sporting goods industry, Q1 2025 | Puma and Man City in first Premier League £1bn deal | Lululemon has found its partner for India expansion | Padel set for 17% annual growth through 2027, says Playtomic | Zalando and About You have successfully completed their transaction | Ellesse returning to the US | Le Coq Sportif saved, now in Franco-Swiss hands | Decathlon expands footprint in cities with two new stores in Nuremberg | Sales up and change in the air at Onitsuka Tiger | The US and Vietnam reach a trade agreement | Footasylum posts record sales and profits in FY25 | New association seeks to boost women’s leadership in sporting goods | Performance Days October edition sold out | Bain may consider selling its Canada Goose stake | Sports Emotion to introduce Running Emotion | Prime Day set to drive $23.8bn in US online sales | Sport 2000 introduces a new trade fair concept | Kingmaker swings to a loss, for several reasons | Circular economy: Survey suggests disruption | FIS and Virtus sign agreement to promote inclusion in winter sports
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