All Signa Sports United articles – Page 2
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News briefsSigna’s Padel-Point launches French amateur padel tour supported by Cupra
Padel-Point, a brand of Tennis-Point GmbH, a Signa Sports United company, has launched the Cupra Padel-Point Tour, France 2022. The first event of its kind in France, consisting of eleven tournaments across the country from April to September, is designed to create a world-class amateur padel tournament in France and ...
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News briefsTennis-Point is the new sponsor of ITA’s Collegiate Tennis Rankings
Tennis-Point is the new official sponsor of the ITA Collegiate Tennis Rankings. As the governing body of college tennis in the U.S., the Intercollegiate Tennis Association (ITA) administers regional and national rankings for all five divisions of college tennis (NCAA Division I, Division II, Division III, NAIA and NJCAA), including ...
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ArticleSigna Sports United grows by only 10.6% as bike supply issues persist
Signa Sports United (SSU), which continues to be hampered by supply chain issues within its full-bike segment, grew first-quarter revenues by 10.6 percent to €213 million due to strong sales gains within its tennis (+43 percent) and outdoor equipment (+20 percent) segments. Excluding sales of full bikes, first-quarter revenues climbed ...
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ArticleSigna Sports United predicts a temporary sales decline, due to supply chain constraints
Signa Sports United (SSU), the world’s leading sports e-tailer, reported a 10 percent increase in total revenues to €247 million in the fourth quarter of its fiscal year, ended Sept. 30, 2021, despite supply constraints for full bicycles, as it continued to benefit from resilient consumer demand across its verticals. ...
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Article
Tennis-Point to run a pro shop in Spain
Tennis-Point has struck a four-year deal to take charge of and operate under its own banner the pro shop at a well-known Spanish tennis academy, the Emilio Sánchez Academy in El Prat de Llobregat, a municipality outside the city of Barcelona. The deal could lead to other pro-shop opportunities for ...
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News briefs
Big variations in SSU’s market capitalization
Signa Sports United, the German-based parent of Tennis-Point and an array of online bicycle webstores, saw its share price close at €9.93 on Dec. 15, its first day of trading on the New York Stock Exchange. The stock price rose to €10.25 in after-hours trading. A total of 137,481 shares ...
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ArticleSigna Sports United goes public with a valuation of $3.0 billion
Signa Sports United (SSU), which has become the largest dedicated sports e-tailer in the world, started trading on the New York Stock Exchange on Dec. 15 with an opening price of $9.07 per share, down from an issue price of $9.43, which gave the company a valuation of $3.13 billion. ...
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Article
YAC shareholders voting on combination with SSU
Signa Sports United (SSU) and Yucaipa Acquisition Corp. (YAC) said they expected to complete their planned business combination on Dec. 14, following approval by YAC shareholders at an extraordinary general meeting on Dec. 13. The transaction was expected to generate gross proceeds of at least $484 million, coming mainly from ...
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Infographics & DataTop sporting goods retailers in Europe
This exclusive interactive chart ranks the top sporting goods retailers in Europe by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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Infographics & DataThe largest e-commerce sports shops in Europe - Q3 2021 Update
This exclusive interactive chart shows the largest e-commerce sports shops in Europe ranked by the number of website visitors in Q3 2021, with % changes vs Q2 2021. Included are regular sporting goods retailers and pure e-tailers. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefs
Signa Sports United collects more funds before going public
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United, the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s sovereign ...
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News briefs
Signa Sports United to launch AI-based virtual bike fitting engine
Signa Sports United (SSU), the German-based sports e-commerce platform that owns several websites for the sale of bicycles, has entered a strategic partnership with Motesque, a specialist startup for biomechanics, computer vision and AI, to launch what they claim will be the first biomechanical AI-based virtual bike fitting engine ...
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Infographics & DataThe largest e-commerce sports shops in Europe - Q2 2021 Update
This exclusive interactive chart shows the largest e-commerce sports shops in Europe ranked by the number of website visitors in Q2 2021, with % changes vs Q1 2021. Included are regular sporting goods retailers and pure e-tailers. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleOnline sports retailing will grow by 13% a year, Signa Sports United estimates
A new report issued by Signa Sports United (SSU) and compiled in cooperation with the Boston Consulting Group predicts that global sports participation will grow from 2.5 billion to 3.5 billion people by 2025, and that online sale of sporting goods will continue to increase overproportionately. It could be used ...
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Article
Padel Nuestro seeks investors
According to anonymous sources cited by CMDsport, Grupo Padel Nuestro is in late-stage negotiations with various operators in the pádel market and other investors. The Spanish group hopes to raise capital chiefly for international expansion. According to the report, the negotiations follow on the heels of failed negotiations, from the ...
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Infographics & DataThe largest e-commerce sports shops in Europe - Q1 2021 Update
This exclusive interactive chart shows the largest e-commerce sports shops in Europe ranked by the number of website visitors in Q1 2021, with % changes vs June-August 2020. Included are regular sporting goods retailers and pure e-tailers. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleReportedly planning to go public, Signa Sports United boosts management
Signa Sports United (SSU), the online sporting goods retailing group controlled by Signa Retail, is in talks to go public through a merger with a blank-check SPAC company, Reuters reported. Quoting “two people familiar with the matter,” the news agency says the company is in preliminary talks with Yucaipa Acquisition ...
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ArticleSigna is looking to lead the international pádel market
The game of pádel, an easier alternative to tennis, is said to be most popular now in Spain, Portugal, Italy and Switzerland, and industry experts predict that it is going to spread soon to other countries including France, Germany, Austria, Switzerland, the U.K. and the U.S. According to CMDsport , ...
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Article
Tennis-Point moves into the U.S.
Signa Sports United has announced the acquisition of a majority stake in an American online tennis retailer, Midwest Sports , subject to customary conditions for deal closing. The transaction strengthens the international reach and market position of Tennis-Point , one of the numerous web stores of Signa Sports ...
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