• Analysis: The top sporting goods industry performers by sales and profits in Q4 2023
    Analysis

    Analysis: The top sporting goods industry performers by sales and profits in Q4 2023

    2024-04-19T14:37:00Z

    Quarterly losses were much reduced in Q4, but overall results were still negative. Find out more in our latest scorecard.

  • Xtep Intl. annual profit hits all-time high
    Article

    Xtep Intl. annual profit hits all-time high

    2024-03-19T10:25:00Z

    The Chinese group Xtep Intl., which took 100 percent ownership in the Saucony and Merrell businesses in China earlier this year, generated 7.9 percent operating income growth in FY23 to 1,579.9 million yuan renminbi (€201.5m) on 10.9 percent annual revenue growth to RMB 14,345.5 million (€1.83bn). The annual gross margin ...

  • Saucony appoints a new head for the Iberian peninsula
    News briefs

    Saucony appoints a new head for the Iberian peninsula

    2024-03-05T07:50:00Z

    Saucony has a new head for Spain and Portugal. Wim Steenman will take charge over the Iberian peninsula.

  • Short stops

    Short Stops Week 10, 2024

    2024-03-03T03:25:00Z

    PERSONNEL CHANGES +++ Perry Ellis has appointed Harriet Allsebrook, previously at Acushnet Europe, as its new Area Sales Manager in the UK for the Midlands and East region +++ Glove manufacturer Swany America, founded in 1980, has named Todd Givnish, who previously led Smartwool’s sales and marketing efforts for more ...

  • SGI Europe Executive Edition: Vol 35 - 3+4
    PDF Newsletter

    SGI Europe Executive Edition: Vol 35 - 3+4

    2024-01-25T07:49:00Z

    Analysis: 2023 Market Cap of global Sporting Goods stocks rising 2.4% | Puma shares decline on FY24 outlook | Amer Sports looks to raise $1.8bn from IPO next week | Campion to leave Nike after 17 years, joins UCLA | New CPO, President of Americas at Under Armour | Wolverine Worldwide sells Sperry to Authentic | Founder of Snipes steps down as CEO | Sprague becomes new CEO of POW | Decathlon Austria with successful 2023 | Russia faces 50% increase in prices for European sporting goods | Puma named “Top employer globally” | ANWR Group accelerates positioning of affiliated retail networks | Counterfeit products cost EU companies €16 billion in sales each year | A review of pro golf’s pending big deal | Vivobarefoot, Balena present 3D-printed, customized and fully compostable shoe

  • Wolverine Worldwide sells Sperry to Authentic
    Article

    Wolverine Worldwide sells Sperry to Authentic

    2024-01-11T16:28:00Z

    Wolverine Worldwide has successfully offloaded its Sperry footwear brand to brand management firm Authentic Brands Group. Aldo Group, a Canadian retail group, has, at the same time, been appointed as the brand’s North American partner and will be responsible for wholesale, e-commerce and stores, Authentic said in a press release. ...

  • SGI Europe Executive Edition: Vol 35 - 1+2
    PDF Newsletter

    SGI Europe Executive Edition: Vol 35 - 1+2

    2024-01-10T18:01:00Z

    Wolverine Worldwide on expected FY course, update on transformation | Amer’s Arc’teryx brand key to sales growth in China | JD Sports cuts profit forecast due to weak consumer spending | Footway Group announces extraordinary general meeting, restructuring nearing completion | Crocs expects record revenues, raises FY guidance | Uvex Sports Group with new executive management | Xponential Fitness closes master franchise agreement for Pure Barre and YogaSix in Japan | A challenger rises in Spanish pádel e-tail

  • Wolverine Worldwide on expected FY course, update on transformation
    Article

    Wolverine Worldwide on expected FY course, update on transformation

    2024-01-08T16:44:00Z

    Wolverine World Wide, Inc. provided an update on its preliminary, unaudited financial results for FY 2023 and its ongoing transformation efforts ahead of its presentation at the 2024 ICR Conference this week. “We’re executing the stabilization phase of our strategic transformation with tremendous pace while redesigning Wolverine Worldwide for the ...

  • Analysis: The top sporting goods industry performers by sales and profits in Q3 2023
    Analysis

    Analysis: The top sporting goods industry performers by sales and profits in Q3 2023

    2023-12-19T14:45:00Z

    Aggregate net income is down in every sector except one, with two big names shaping overall revenue. Find out more with our latest scorecard.

  • Xtep purchases Wolverine’s stake in joint venture
    News briefs

    Xtep purchases Wolverine’s stake in joint venture

    2023-12-19T07:22:00Z

    Xtep Intl. is paying Wolverine Worldwide $61 million for its share of a joint venture that the two companies established in 2019 for the distribution of the Saucony and Merrell brands in Greater China, Hong Kong and Macau. Additionally, due to the early success and profitability of the Saucony brand ...