All articles by SGI Europe Editorial Team – Page 8
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ArticleUnder Armour breaks with Stephen Curry
Under Armour and NBA star Stephen Curry have agreed to separate, with the Curry Brand becoming independent as UA refocuses on its core business.
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News briefsFIS signs four-year deal with Hestra
The International Ski and Snowboard Federation has signed a four-year agreement with Hestra Gloves to procure gloves for all FIS staff worldwide.
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ArticleChina’s Singles Day sales growth slows
China’s 2025 Singles Day online sales rose to 1.70 trillion yuan renminbi (€228bn), yet slower growth and muted shopper sentiment are stirring up headwinds.
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ArticleMoody’s cuts Nike’s senior-unsecured rating on cost pressures
Nike has seen its senior unsecured debt rating downgraded by Moody’s Investors Service from A1 to A2 because of margin pressures and elevated costs.
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ArticleBjörn Borg posts record sales, but margin dips persist
Sweden’s Björn Borg AB saw net sales increase 6.7 percent to SEK805.7 million (€69.8m) for Jan.-Sept. 2025, yet gross margin narrowed and footwear sales underperformed.
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ArticleLA28 names ceremony production leaders
LA28 has named Ben Winston as Executive Producer and Creative Director for the 2028 Olympic and Paralympic ceremonies, alongside production veteran Scott Givens.
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ArticlePlanet Fitness charts growth for 2026-28
At its Nov. 13 Investor Day, Planet Fitness unveiled four priorities and long-term financial goals: low-double-digit revenue growth, 6-7 percent unit growth and mid-teens EBITDA CAGR.
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ArticleStockX reveals 2025 sportswear resale boom
Detroit-based resale platform StockX reports 45 percent year-on-year growth for running-style trainers and triple-digit gains in trading cards and collectibles.
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ArticleLycra opens its largest spandex plant, in China
The Lycra Company has opened its largest spandex factory in Ningxia Province, China, representing a €90 million investment to meet rising demand in the Asia-Pacific region.
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News briefsForum Sport net income up 30% in FY24
Forum Sport increased net income by 30.3 percent to €898,000 in FY24, despite modest revenue growth affected by low snowfall in northern Spain.
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ArticleGoldman buys Excel Sports for ~$1bn
Goldman Sachs agrees to buy majority stake in Excel Sports, the agency representing Caitlin Clark, Tiger Woods and Derek Jeter, in a deal worth close to $1bn.
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ArticleFIFA launches peace prize
FIFA has launched the “FIFA Peace Prize – Football Unites the World,” an annual award honouring individuals for their commitment to peace and unity.
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News briefsThe Running Event 2025 promotes inclusion
The Running Event returns with partnerships in diversity, mentorship and community-building to strengthen the running industry.
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News briefsSaucony extends deal with Julia Paternain
Saucony has renewed its deal with Julia Paternain after her bronze at the World Athletics Championships, reinforcing its commitment to elite talent.
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ArticleNike partners with Loop Industries for circular polyester
Nike will become anchor customer for Loop Industries’ Twist resin, securing a multi-year deal for textile-to-textile recycling in its supply chain.
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ArticleXponential Fitness appoints Chief Legal Officer
Xponential Fitness Inc. (NYSE: XPOF) has appointed Gavin M. O’Connor Chief Legal Counsel & Administrative Officer. He will take charge on Nov. 14.
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ArticleVF sells Dickies to Bluestar for $600m
VF Corporation has completed the sale of its Dickies brand to Bluestar Alliance LLC for $600 million in cash, aiming to sharpen its focus on core outdoor and active assets.
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ArticleColumbia Sportswear names Co-Presidents
Columbia Sportswear Company promoted longtime legal and business executive Peter J. Bragdon and brand strategist Joseph P. Boyle to Co-Presidents on Nov. 12.
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ArticleUnion Binding Company launches its first snowboard boot
Union Binding Company has launched its first snowboard boot, the Reset Pro, through its new Union Boot Division, based in Italy’s technical footwear district.
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ArticleChampion enters fragrance market
Revlon and Authentic Brands Group have announced a global fragrance license for Champion, the sportswear brand making its first move into the beauty category.
