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SGI Europe Executive Edition: Vol 36 - 46+47

2025-11-20T16:08:00Z

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

Yue Yuen faces margin pressure despite higher deliveries

2025-11-14T07:33:00Z

Yue Yuen shipped more shoes but saw net profit fall 16 percent as rising wages and China’s weak retail sector hit earnings in the first nine months of 2025.

SGI Europe Executive Edition: Vol 36 - 33+34+35

2025-08-27T05:46:00Z

Uneven production hurts rising demand for footwear at Yue Yuen

2025-08-12T06:05:00Z

The globe’s largest manufacturer of footwear recorded in H1 higher shipment volumes, driven by increased orders from multiple brands, as average selling prices rebounded.

SGI Europe Executive Edition: Vol 36 - 20+21

2025-05-22T21:10:00Z

Dick’s Sporting Goods is acquiring Foot Locker for $2.4bn | Puma remains stable as currency-adjusted sales stay flat in Q1 | Intersport Sweden, Intersport Denmark to merge | Le Coq Sportif seems to be drawing buyers | Foot Locker reports $363m loss in Q1 | VF Corp. brands The North Face and Timberland post higher Q4 sales | Asics’ Q1 operating profit up 32%, European sales up nearly 22% | Amer Sports hikes FY25 guidance, will navigate import tariffs | JD Sports warns over US tariffs as Q1 sales, FY profits fall | Amid ongoing challenges, Under Armour is working to reshape | On Holdings eyes FY25 growth rate of at least 28% | Challenges remain as Topgolf Callaway’s total revenues decline by 4.5% | Uncertain times: ‘Radical acceptance’ as management task | Norwegian retail back on track, Q1 2025 shows growth | Björn Borg rose 9.0% during Q1, shoes showed three-digit growth | Stiga receives Swedish sports industry prize | Danish running brand MOVV gains ground in Europe | GoPro saw operating loss widen by 9% to $45.2m in Q1 | Mizuno’s annual operating profit rises by 20% | Saucony and Merrell drive Wolverine’s Q1 growth | Yonex annual operating income rises 10% | Alpargatas posted a 93% improvement in Q1 | Acushnet outlines tariff mitigation strategy as Q1 sales come in flat | Crocs withdraws guidance on macroeconomic uncertainty after better-than-expected Q1 | Grupo SBF’s adjusted Ebitda slips by 4.9 percent in Q1 | Short-term factors impact Yue Yuen’s Q1 profitability as Ebit fell by 23.7% | Helly Hansen extends 40-year partnership | Peloton banking on higher subscriptions to lift FY sales, margins

Short-term factors impact Yue Yuen’s Q1 profitability as Ebit fell by 23.7%

2025-05-13T05:32:00Z

Net profit was down nearly 25 percent at $83.5 million, and gross profit slipped by 220 basis points to 22.9 percent from 25.1 percent in the year-ago period.

Analysis: The top sporting goods industry performers by sales and profits in Q4 2024

2025-04-08T07:25:00Z

Seven firms reported one-time charges of at least $10 million, offset by VF Corp., Wolverine Worldwide, Foot Locker, and Zumiez, who were overlapping large end-of-year write-downs. Excluding Topgolf, year-over-year Equipment RoS improved from a 3.8 percent year-on-year decline to essentially flat. Diversified/Retail is Q4’s strongest segment. Year-over-year RoS rose to ...

SGI Europe Executive Edition: Vol 36 - 10+11

2025-03-13T10:08:00Z

Adidas adopts cautious view on FY25; turns Q4 operating profit | Puma taking steps to improve profitabilty, stature | Foot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25 | On’s momentum continues, eyes more than €3bn in FY25 sales | Zalando’s revenues up 4-9% in 2025 | XXL CEO: ‘2025 is the year we return to growth’ | E-commerce is key growth driver for Vulcabras | Yue Yuen reports improved FY results on manufacturing rebound | Allbirds banking on new assortments, initiatives to fly high again in late 2025 | Acushnet Q4 sales increase benefits from higher ASPs | Globe reports softer H1 sales | Frasers forms ten-year partnership with GMG to launch Sports Direct in MENA | Sneakersnstuff’s new, German owner with old founder back at the rudder | IcanIwill opens its first store | Puma x Saysky running collection sends clear message to competitors | Adidas replaces Nike as Liverpool kit partner for €357m | Outlook – How Adidas seeks to become a healthy company again | A balancing act for the industry – WFSGI and McKinsey report of 2025 | Target in partnership with Champion and will go for $15bn+ in sales growth by 2030 | Trouble continues at Manchester United | Baltic sporting goods market holding its breath as Decathlon increase its presence in 2025 | ESPN to drop MLB next year | International Running Expo opens for visitor registration | Fútbol Emotion makes a move in Italy

Yue Yuen reports improved FY results on manufacturing rebound

2025-03-12T07:36:00Z

The globe’s largest manufacturer of footwear posted a 47 percent increase in FY24 Ebit to $572.1 million versus $390.2 million for the 12 months ended Dec. 31.

SGI Europe Executive Edition: Vol 36 - 6+7

2025-02-13T10:30:00Z

Can Elliot Hill ‘swoosh’ Nike back to the top and does the company have another Jordan in its portfolio? | Under Armour’s operating income in Q4 slipped by 81% | Intersport Voswinkel’s report of 2024, plans for growth in 2025 | XXL revenues contracted 1.8% in Q4 | Skechers delivers record annual sales in FY24 | Fenix Outdoor suffers 3.3% year-over-year sales drop | Canada Goose delivers higher operating profit, lower sales in Q3 | Columbia reports a 21% gain in operating income FY24 | Brooks Running achieved sales growth of 228% in China 2024 | H&M’s Q4 lifted 3% but many store closures are expected in 2025 | Mizuno posts record sales and 16.5% growth, fueled by soccer and lifestyle footwear | New Wave posts higher sports & leisure profits, sales in Q4 | GoPro reports another loss, cuts costs by 30% | Perfect Moment names Jane Gottschalk as new president | Goldwin’s nine-month operating profit slips | Zalando recruits five key persons, two SVP and one CFO | Melanja Korošec appointed new SVP at KJK Sports | Elan Central Europe gets a new General Manager | Shein says it conducts 2 million product safety tests annually | Peloton Interactive lifts guidance as Q2 loss narrows | After strong fiscal Q3, Deckers Brands raise full-year guidance | Nike scores mixed feedback from NFL Super Bowl ad | Stadium closes another store in its home market