All Siux articles
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News briefsSiux expanding abroad fast
Between last year and this first quarter of 2024, the pádel brand Siux has entered 35 countries – 18 of them in Africa and ten in Asia. So explains Alfonso Torrón, Brand Manager, who has spoken with Palco23. The list includes Siux’s first locations in Oceania. The brand entered Japan ...
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News briefsStellar 2023 at 360 Padel Group
360 Padel Group’s revenue for 2023 rose 20 percent year-on-year to exceed €60 million, according to TradeSport. The company’s Pádel Nuestro retail division saw B2C sales rise 22 percent, with own stores doubling their sales. B2B sales rose by 12 percent. Sales at the pádel brand Siux (ProPadel Group), with ...
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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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News briefsSiux signs retail deal
Siux has reached a deal for the sale of its pádel racquets throughout Spain via Tennis-Point, according to CMDsport. At present the retail chain operates nine physical stores, located in the provinces of Madrid, Barcelona and Valencia. The largest is in Madrid, followed by the one in Alfafar (Valencia) and ...
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News briefsPádel Nuestro has a new owner, looks to Japan and the U.S.
Business is brisk in pádel. As Technifibre CEO Nicolas Préault said in our recent interview with him, “Padel is booming as l have never seen a sport boom before.” On July 6, by infusing capital and acquiring stakes, Ergon Capital Group has taken a majority position in 360° Padel Group, ...
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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 ...
