All articles by SGI Europe Editorial Team – Page 47
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ArticleA challenger rises in Spanish pádel e-tail
In its three years of operation, Padel Pro Shop has reached €10 million in annual sales, and its latest annual results for 2023 represent a year-on-year increase of 95 percent. For the new year, the online retailer’s objective is to achieve another increase in annual sales, this time of 60 ...
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ArticleAliExpress publishes report on general online shopping landscape in Europe
AliExpress, the international online retail marketplace of Alibaba International Digital Commerce Group, has published its first Consumer Insights Report examining the online shopping landscape in Europe. The report surveyed consumers in France, Germany, Spain and the UK and aimed to uncover key trends and insights into European consumers’ online behavior ...
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Infographics & DataSGI Sporting Goods Scorecard Q3 2023
Find out whose sales are up and whose profits are down for Q3 2023 in our exclusive and downloadable version of our SGI Europe sporting goods industry scorecard. We’ve expanded our coverage and now examine 48 of the leading sporting goods industry companies.
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ArticleJD Sports cuts profit forecast due to weak consumer spending
After sales at JD Sports Fashion’s sales fell short of expectations in the 22 weeks to December 30, the British retailer, which owns Go Outdoors, Blacks, Millets and other retail brands, lowered its profit guidance for the full year. According to the company, organic sales growth at constant currency ...
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ArticleFootway Group announces extraordinary general meeting, restructuring nearing completion
E-commerce company Footway Group AB has convened an extraordinary general meeting for its shareholders on Jan. 25, 2024, at the company’s premises in Kista, Sweden. The company stated in a press release that it “will shortly apply for plan negotiations to complete the reconstruction formally,” and it is expected to ...
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ArticleChina’s Bosideng takes strides toward net zero emissions and sustainable fashion
Bosideng is working to achieve net zero emissions and promote sustainable practices within the down apparel industry.
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ArticlePádel Nuestro ups its year-end sales forecast
Pádel Nuestro Group is forecasting an increase in annual sales of 27 percent, to €65 million, for full-year 2023, according to CMDsport. This is up from November’s forecast of €62 million. E-commerce should account for about 55 percent of the total. In what parent company 360 Padel Group’s CEO is ...
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ArticleSurface-analysis company gets a funding boost
Raw Stadia, a Belgo-British company that produces a computer system for the analysis of natural playing surfaces, has raised €1.5 million in a funding round from such investors as LRM, Noshaq, LeanSquare, the former footballer Jan Vertonghen and the entrepreneur Bart Claes, CEO of JBC. According to Raw Stadia’s co-founder ...
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ArticlePuma brings two strategists to the chessboard
Puma has teamed up with Manchester City and Chess.com to publish an exclusive conversation between Spaniard and soccer coach Pep Guardiola and Norwegian and chess player Magnus Carlsen. The Puma ambassadors talked about memorable moments from their careers, explained strategies and tactics in both sports and shared tips and tricks ...
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Infographics & DataOutdoor footwear market 2022
2022 outdoor footwear sales are up. 5 companies represented just over 50% of all sales. We have all the growth, market share and sales numbers.
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AnalysisThe European sports retail market
Our latest review of European sports retailers shows single-figure growth. We bring you the numbers in full across 15 countries and over 70 retailers.
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ArticleMoncler leads DJSI World and Europe for fifth consecutive year
For the fifth year in a row, Moncler Group maintains the top rank in the “Textiles, Apparel & Luxury Goods” segment in the Dow Jones Sustainability Indices World and Europe. The company obtained the highest score (89/100) as of Dec. 8, 2023. The Dow Jones Sustainability Indices (DJSI) measure the ...
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ArticleIOC rules on Russian and Belarusian athletes
The Executive Board of the International Olympic Committee (IOC) has decided to allow athletes with a Russian or Belarusian passport to compete in the 2024 Olympic Games in Paris as Individual Neutral Athletes (AINs). AINS must qualify for the games through the mechanisms set up and maintained by International Federations ...
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ArticleUnder Armour makes proprietary fiber-shed test method publicly available
After years of research in its innovation lab, Under Armour (UA) announced a breakthrough fiber-shed testing method earlier this year to combat the invisible but formidable sustainability threat of microfibers and microplastics to society and the planet. Now, the brand has teamed up with James Heal, a leading provider of ...
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ArticlePuma partners with New Zealand Football Association
Shortly after announcing the end of the sponsorship of the Israeli and Serbian national football teams, Puma revealed on Dec. 13 a new long-term partnership with the New Zealand Football Association (NZF), set to begin in 2024. Led by Johan Adamsson, Puma’s Global Director of Sports Marketing & Sports Licensing, ...
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ArticleAtleet flying high for Tréndico
After five years in business, the Tréndico buying group’s newest retail banner, Atleet, is projecting record sales of more than €60 million for the full year 2023, according to CMDsport. This amounts to a gain of 18.5 percent over FY 2022’s figure of €55.7 million. Specialized in sportswear for training, ...
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ArticleWomen’s elite sport revenues to surpass $1bn for the first time in 2024
According to a new report by consulting firm Deloitte, women’s elite sports will generate global revenues of US$1.28 billion in 2024, surpassing the US$1 billion milestone for the first time. This total will also mark an increase of more than 300 percent from Deloitte’s previous valuation in 2021. These projections ...
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ArticleReebok is preparing a new digital sneaker
Reebok is working on a “digital shoe experience” called Reebok Impact, for release sometime next year. The product here is digital wearables for metaverse avatars – that is, NFTs on a blockchain. The teaser video, however, is promising that “the experiences you share” in the metaverse will “become the digital ...
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Infographics & DataSportswear websites ranked by visitor age group
Which UK sportswear retailer website gets the most visits from Gen Z? What about Millennials? And which is the most popular sportswear retailer website for those over 65? Our infographic shows how online shopping tastes change with age.
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ArticleSigna insolvency proceedings: €5bn in liabilities
The restructuring proceedings with self-administration for Signa Holding GmbH were opened at the Commercial Court in Vienna on the evening of Nov. 29, 2023. According to the AKV creditor protection association, 42 service providers and 273 creditors are affected. According to the application, the debtor has assets with a book ...
