• JD set to open larger store at Broughton Shopping Park
    Article

    JD set to open larger store at Broughton Shopping Park

    2024-03-21T12:31:00Z

    JD is set to enhance its presence in Chester with the unveiling of a bigger and upgraded store at the Broughton Shopping Park this weekend. The new location promises an expanded selection of products from brands like Nike, Adidas, The North Face, and Under Armour. James Air, Director and Head ...

  • SGI Europe Executive Edition: Vol 35 - 11+12
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    SGI Europe Executive Edition: Vol 35 - 11+12

    2024-03-21T09:15:00Z

    Adidas posts first loss in 30 years, eyes €500m operating profit in FY24 | Is Topgolf Callaway on the Market? South Korean sources says so | On eyes greater reliance on DTC, apparel | Allbirds has a new CEO | Zalando wants to cover 15% of the European fashion market | Puma achieves greenhouse gas reduction targets ahead of schedule | Decathlon rebrands to ‘ignite global passion for sport’ | The Weber era at Brooks is coming to an end | More losses at Allbirds Xtep Intl. annual profit hits all-time high | Yue Yuen’s profit, sales slip in soft FY23 | Li Ning considers privatizing sportswear firm amid market challenges | Italy’s Cisalfa to take over SportScheck Puma partners with Google Cloud to enhance online retail experience | Boxing equipment market to accelerate at a CAGR of 4% by 2027 | China’s athleisure market poised to hit $82.8 billion by 2024 | France’s proposal against fast fashion | Sympatex unveils new more sustainable dying solutions | Progress in ski boot recycling; call for collaboration | EFTA states and India deepen economic partnership with new trade agreement

  • Short stops

    Short Stops Week 12, 2024

    2024-03-17T02:51:00Z

    ATHLETES +++ University of South Carolina guard MiLaysia Fulwiley signed a multi-year NIL contract with Under Armour’s Curry Brand, making her the first collegiate athlete to sign with the brand +++ New era cap signs multi-year collab with pro BMX athlete Nigel Sylvester +++ RETAIL & DISTRIBUTION +++ Sportler has ...

  • Change again at Under Armour's helm
    News briefs

    Change again at Under Armour's helm

    2024-03-14T06:42:00Z

    Under Armour (UA) founder Kevin Plank, the current Executive Chair of the Board, is set to again become President and CEO of the Baltimore, Maryland company on April 1. At the same time, Dr. Mohamed A. El-Erian, an independent UA director since 2018 and lead director since 2020, will become ...

  • 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 - 7+8
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    SGI Europe Executive Edition: Vol 35 - 7+8

    2024-02-22T08:36:00Z

    Nike announces 2% workforce reduction | Asics eyes modest FY24 growth, but flat sales in Europe | Topgolf Callaway forecasts higher revenue, Ebitda and cash flow in 2024 | XXL promises Ebitda improvements amid cost-cutting | European market remains strong for Under Armour | Wolverine makes progress on turnaround but more bumps likely | KMD Brands sees soft H1 group sales | Alpargatas’ write-offs impact Q4 Ebitda, adjusted gross margins | GoPro’s retail strategy ahead of plan despite Q4, FY losses | Crocs brand kicks off 2024 with momentum, $5bn sales target not until later | HanesBrands plots next moves for Champion business | Mizuno posts strong nine-month results, lifts FY outlook | Tiger Woods unveils Sun Day Red apparel brand | Enda Athletic founder appointed as On’s head of Africa | Winter sports industry unites for climate action, join UN Race to Zero campaign | Xponential completes divestiture of Stride Fitness | Sales at AFP up 8%, though short of expectations | Unfair competition: HDE calls for clear rules for Temu & Co | Squash racquet market is poised to increase, but needs more visibility

  • European market remains strong for Under Armour
    Article

    European market remains strong for Under Armour

    2024-02-12T12:16:00Z

    Despite some recent “cooling” with consumers in Eastern Europe and concerns over Red Sea shipping disruptions, Under Armour is pleased with the trajectory of its business in Europe. In the product area, the brand is seeing sales traction from its Meridian products for women; its Curry 11 products; and its ...

  • SGI Europe Executive Edition: Vol 35 - 5+6
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    SGI Europe Executive Edition: Vol 35 - 5+6

    2024-02-08T11:53:00Z

    Adidas eyes €500m operating profit for FY24, most Yeezy inventories won’t be written off | The North Face, EMEA stronger in “challenging” VF quarter | Puma gets “A” rating for second year running on CDP Climate Change list | Intersport Germany continues to grow in 22/23 | Opportunities ahead – WFSGI and McKinsey release 2024 report | Decathlon releases VR shopping app in US | Amazon announces AI-powered shopping assistant | Done deal: PGA Tour announces investment agreement with Strategic Sports Group | Sport 2000 with stable development in 2023 | Deckers raises FY guidance, sets CEO succession plan after strong results | PayPal introduces six new checkout innovations | Macron posts 15 percent sales increase | Columbia faces revenue decline challenge | Real Madrid becomes football club with highest revenue, says Deloitte report | Sneaker design democratized? Zellerfield launches design platform | German e-commerce sales bottom out

  • Under Armour launches new basketball shoe
    News briefs

    Under Armour launches new basketball shoe

    2024-02-06T12:37:00Z

    Under Armour is releasing the Futr x Elite, described by the brand as “the pinnacle footwear model” within its basketball portfolio and a shoe that “will redefine the category.” FUTR stands for “For Us To Rise,” to call together a community of basketball athletes striving for greatness on the court. ...

  • Under Armour appoints new managing director of EMEA
    News briefs

    Under Armour appoints new managing director of EMEA

    2024-02-05T10:43:00Z

    Under Armour has appointed Kevin Ross as the new Managing Director of Europe, the Middle East, and Africa (EMEA). In his new role, Ross is tasked with developing and executing a regional omnichannel growth strategy and delivering on-brand consumer experiences. The brand aims to achieve sustainable, highly profitable growth in ...