SGI Europe Executive Editions
SGI Europe Executive Edition: Vol 36 - 26+27
XXL leaves the stock exchange and asks suppliers for a deadline | Analysis: The top sporting goods industry performers by sales and profits in Q1 2025 | As ‘Win Now’ strategy gains traction, Nike’s Q4 FY25 likely hits a low | Head takes over Aqualung Group | Q3 sales for KMD Brands decline, e-commerce grows | Lager 157 made €43m in profit 2024 | Sellpy grew 35% in 2024 but is unprofitable | Bosideng grows by double digits, with focus on functional fashion and AI | Syre partners with Target, Houdini and Gap to produce reused polyester | Intersport Nordic transaction completed | Allbirds announces financing strategy to support growth | Decathlon in technology collaboration with British Rheon | EU Green Claims Directive is dead, for now | Swedish sports industry survey predicts positive summer 2025 prospects | WFSGI and SFIA in joint statement for keeping sports equipment affordable
SGI Europe Executive Edition: Vol 36 - 24+25
XXL suspends payments, is bankruptcy imminent? | The top sporting goods industry performers by sales and profits in 2024 | Lululemon cuts FY forecasts as Trump tariff policy starts to hurt | Zumiez starts Q2 slowly as international business lags | Sport 2000 Austria shifts to retail service model | 3G Capital’s $10bn takeover drives Skechers off stock market | Asics to ramp up manufacturing in India | Fanatics and FC Internazionale in long-time partnership | First J.Lindeberg womens fashion collection ever to be released in 2026 | Db adds Haaland, Witzøe as strategic investors | First stores for DTC footwear brand Oofos | Olympism365 Summit convenes in Lausanne and sets new commitments
SGI Europe Executive Edition: Vol 36 - 22+23
XXL’s intense week: A new majority owner, a whole new board and a fired CEO | Foot Locker reports Q1 loss as ‘soft’ Europe drags down comparable sales | Deckers’ Q1 sales rising less than expected as tariffs start to bite | Hummel is back in the black, CEO: ‘We will keep focus on our core win zones’ | Asics and Adidas stop using kangaroo leather, but what’s next? | XXL and Stadium could face millions in fines on price fraud | Decathlon, Bambuser in extended tech partnership | Macron signs new partnership deals in football and rugby | On brings prior H&M CEO to its board for global growth | Onitsuka Tiger opens a store at London’s Covent Garden | Topsports International’s FY operating profit sinks by 43% | Oakley: ‘We see a stronger interest from younger consumers’ | Intersport named official sponsor for EuroGames 2025
SGI Europe Executive Edition: Vol 36 - 20+21
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
SGI Europe Executive Edition: Vol 36 - 18+19
Skechers is acquired by 3G in $9bn deal | Nike keeps changing management, Amy Montagne new President | Strong Adidas results tempered by potential tariff impact | Worldly explained: CGO Adele Stafford on the Higg Index, Cascale and measuring environmental impact on a product base | Columbia pulls FY25 guidance on market uncertainty | Brooks sets revenue record in Q1 | XXL revenues rose 7.2% in Q1 | New Wave Sports Q1 net sales increased by 9.0% | Vulcabras’ Q1 results bolstered by athletic footwear | After ‘exceptional’ Q1 Skechers pulls FY guidance amid trade uncertainty | Moody’s lowers Under Armour’s rating | Gymshark turns small FY24 operating profit; European sales up 17% | Swedish sports retail sales up 7.6% in Q1 2025 after three years of decline | Sport 2000 Austria had a strong winter season | Puma is closer to its 2050 goal: 90% of products now contain recycled materials | Tecnica reacts to the Trump tariffs | Investment firm William Blair on Trump tariffs | Europe’s new outdoor business event, the Outdoor Impact Summit, is closing in | SEO, social media and post purchase: e-commerce study compares DTC and retail
SGI Europe Executive Edition: Vol 36 - 16+17
Intersport Int’l appoints new CEO | Anta Sports buys Jack Wolfskin from Topgolf Callaway | Adidas Q1 2025 results better than expected, sales up 13% | Frasers Group to open 100 new stores in New Zealand and Australia | Capri to sell Versace to Prada | Trump tariffs – reactions from around the sporting goods industry | Macron’s turnover in 2024 rose by 13.7% | JD Sports maintains FY25 guidance, details FY26 outlook | FIBO celebrates 40th anniversary with +150k visitors | Head to aquire classic diving brand | Shred and Catrade in distribution partnership | Ironman aims to increase female participation in triathlons | Ciele Athletics appoints first CEO | Shein, Temu to raise prices | Rip Curl’s third flagship store in Spain has opened | Nearshoring of a low-price product – Arena’s swimming goggle case
SGI Europe Executive Edition: Vol 36 - 14+15
Arthur Hoeld of Adidas is to be the new Puma CEO | Decathlon has a new CEO | Intersport Int’l appoints new CEO | The top sporting goods industry performers by sales and profits in Q4 2024 | Arc’teryx drives Amer Sports’ success | Trump’s tariffs: Reactions from within the sporting goods industry and beyond | Sales up, profits down at Decathlon in FY24 | One of On’s co-CEOs leaves the company as four new senior leaders start | Intersport Int’l sales totaled €14.0bn in FY24, up 2.1% | International drives the topline as Lululemon annual sales top $10bn for first time | Li Ning posts 3.4 percent increase in annual operating profit | Puma appoints its first female President of North America | Intersport rolls out football specialist store format, set to launch in up to 20 markets | Sales for Decathlon France amounted to €4.73bn in FY24 | ISPO Munich presents new concept and structure for 2025 show | eCom Teams files for bankruptcy | Decathlon Germany to open stores at Galeria locations | Rip Curl with DTC growth, while wholesale dropped for KMD due to cautious pre-season buying | Sales rise slightly in Q1 for H&M | Ecco’s net revenues drop by 5% | Technogym posts strong FY24 results despite geopolitical uncertainties
SGI Europe Executive Edition: Vol 36 - 12+13
Nike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’ | Anta Sports’ FY24 operating profit grows nearly 51 percent | It took 131 years – Kirsty Coventry becomes IOC’s first female President | Fila Holdings reports FY24 sales up 3%, rebrands as Misto | How Puma CEO Arne Freundt plans to regain investor confidence | Frasers Group to make second mandatory offer on XXL | Klarna files for IPO in New York | Decathlon Germany to open stores at Galeria locations | Decathlon joins the CDP A-List for its climate efforts | Tariffs and more from the US Treasury’s perspective | Puma replaces Nike as official matchball supplier to Premier League | Adidas and Bundesliga back in official matchball partnership | Havaianas partners with super model, flip-flop market to reach $5.38bn in 2030 | Perfect Moment brings F1-speed to the slopes | Former Nike GM becomes Rip Curl’s new CEO | Foot Locker has a new President | Brash new brand of sports apparel rises in the US | Bundesliga and Infront in collaboration for media rights in nine countries | Zumiez posts Q4 operating profit, but cautious on FY25 view | Xponential Fitness loss widens; restates 2023 financials | Inditex’s sales slow down in the opening weeks of fiscal 2025 | Grupo SBF’s adjusted Ebitda improves by 27% in FY24 | Xtep Intl. realigns strategy, raises FY operating profit by 9.3 percent
SGI Europe Executive Edition: Vol 36 - 10+11
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
SGI Europe Executive Edition: Vol 36 - 8+9
Arc’teryx delivered over $2bn in FY24 revenues for Amer Sports | Asics’ FY operating income hits record high | Saucony parent completes first turnaround strategy | Björn Borg approaches SEK 1bn in sales | Crocs Q4 2024 revenues up 3.1% to $990m | Garmin’s fitness segment drives record Q4 and FY24 growth | Super Retail Group H1 sales up 4.0 percent | Alpargatas puts itself in better position with more inventory write-offs | Moncler continues double-digit DTC growth in 2024 as wholesale falls | Shimano suffers drop in FY24 operating income | Intersport Spain files for insolvency | Modest FY revenue growth at Forum Sport | Topgolf Callaway Group FY25 results will be impacted by currency, tariffs | Adidas replaces Craft as Swedish Athletics’ kit supplier | Norwegian sports retailers’ sales declined 4.4% in 2024 | Saudi Arabia to host first Olympic Esports Games | Eurobike in transformation for the 2025 show | New US, European licensing deals for Reebok | Louis Vuitton also enters the Formula 1 world | Boozt moves headquarters from Sweden | New York Giants looking to sell a stake? | World Athletics discussing transgenderism
SGI Europe Executive Edition: Vol 36 - 6+7
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
SGI Europe Executive Edition: Vol 36 - 4+5
Asics President in interview: ‘Our sales will lift 50% by 2030’ | Sport 2000 reports steady growth despite market challenges in 2024 | Adidas to streamline business, cut HQ positions | Puma SE reports flat FY24 operating profit despite sales growth | VF Corp. transition for Vans’ business moving forward | Preliminary 2024 report from Adidas shows double-digit growth to €23.7bn | Retailer Sneakersnstuff – from €100m in turnover to bankruptcy | Adidas to replace Puma in new track and field partnership | Authentic has chosen Reebok golf apparel’s manufacturer | 12% stake in Golden Goose for Alibaba co-founder | Sports sales in Sweden declined 2.9% in total 2024 | J.Lindeberg partners with ambassador with 1.9m followers | Intersport Sweden becomes shareholder in Outdoorgruppen | Trump’s many executive orders – and some potential effects | What about AI, CBDCs and NATO? More on Trump’s early days | Provisions of the EU’s AI Act to hit in February | Puma recognized as Top Employer for sixth time | Brazilian shoemakers hope Trump will help boost their sales to the US | Deloitte releases new edition of its Football Money League report | Tobias Gröber leaves ISPO and Messe München after 28 years | More evidence of pickleball’s rise outside the US | Glasgow 2026 unveils executive team for the 23rd Commonwealth Games
SGI Europe Executive Edition: Vol 36 - 1+2+3
JD Sports warns on profit again as rivals discount stock | Analysis: 2024 Global Sporting Goods Industry Stocks Slip Lower in 2024 | On eyes younger consumers and new markets | XXL can finally move forward – rights issue raising €60m secured | E-com giant makes a big AI investment and 10% of staff has to leave | Addias has signed with a 33-year-old tennis pro | Zalando report highlights its impact on European economy | Adidas takes up racing battle with Puma – joins F1 team | Castore partners with its third F1 team | Burton hires two new female executives to drive growth | Blue Tomato has opened its 90th store | Holiday online shopping sets new record in the US – sporting goods up big | Over 9% decline in Italian footwear sales expected by 2024 | Desport is on the fast track to complete the last Decathlon project in Russia
SGI Europe Executive Edition: Vol 35 - 51
Nike has a tough run as Q2 results show Ebit down 26% | Analysis: The top sporting goods industry performers by sales and profits in Q3 2024 | Vendor executive compensation fell 24% in 2023 | Super Saturday to draw out 157.2m shoppers | From DTC subscription to wholesale: Why Fabletics Europe is expanding its strategy | Perfect Moment gets non-compliance letter from NYSE | Puma revises climate target for 2030 and looks ahead | Bliz Eyewear launches rebranding after EssilorLuxottica takeover | Yardsale innovates ski gear with magnetic pole technology | Six years on, UA retells its ‘story’ to investors | Outlook 2025: Chances for the sporting goods industry
SGI Europe Executive Edition: Vol 35 - 48+49+50
Zalando is snapping up About You | Db CEO after LVHM’s investment – ‘We are harnessing the tremendous demand from the US’ | Rottefella has reached an agreement with Amer Sports and signs license deal | Classic French brand enters receivership | New CEO of Houdini who strengthens leadership for global growth strategies | Lululemon expanding further in China, EMEA | Adidas releases its first physical shoe out the metaverse | Key Q3 developments lead Foot Locker to lower FY guidance | New CEO for Ecco | Merrell expands into lifestyle and hires a new Chief Product Officer | Zumiez continues to eye profitability in Europe despite recent weather woes | Unprecedented supply chain challenges for German companies | New biodegradable midsole technology unveiled by OrthoLite Cirql at ISPO Munich | Frasers Group to acquire South African Holdsport | Rental business is a driving force with double-digit growth at Intersport Austria | High cost of borrowed funds hurts Russian sporting goods industry | Klarna made profit for second time in a row in Q3 | Paris 2024 is the most followed Games ever | FW 25/26 winners of the Scandinavian Outdoor Award announced | JD Sports warns profit will be at lower end of range after ‘volatile’ October
SGI Europe Executive Edition: Vol 35 - 46+47
Fueled by technical apparel segment, Amer Sports reports strong Q3 | Saucony eyes easier sales comparisons, expanded US distribution in 2025 | Analysis: The latest inventory levels in the sporting goods industry, Q2 2024 | Asics’ momentum continues, moving HQ in 2028 | Under Armour’s turnaround strategy taking shape | On Holding’s Q3 results impacted by currency effects | Fila Holdings delivers 1 percent operating profit gain in Q3 | Mizuno H1 operating profit up 20 percent, maintains FY outlook | GoPro’s ‘challenging year’ continues in Q3 | Canada Goose results impacted by weak DTC comps | Allbirds lowers operating loss as turnaround moves forward | New Wave expects ‘a few more challenging quarters’ as sports & leisure Q3 sales flatline | Acushnet sales up in Q3, but profit dips | Topgolf Callaway Brands drops FY guidance, confirms Topgolf strategy | Golden Goose’s sales rise by 12% at constant exchange rates | Perfect Moment reviewing its European distribution strategy | Yue Yuen posts strong manufacturing but weak retail results | Yonex lifts FY outlook after strong H1 | Alpargatas turns Q3 profit as international, Rothy’s improve strongly | Thule buys market leading niche company for €310 million | XXL to conduct an underwritten rights issue to secure €60 million | UN resolution acknowledges sport as an enabler of sustainable development | Guillaume Meyzenq to be Salomon’s new President and CEO
SGI Europe Executive Edition: Vol 35 - 44+45
Adidas Q3: Ready to deliver revenue growth of 10% | Puma maintains FY24 outlook as Q3 sales rise in all regions | VF Corp.’s turnaround continues to take shape | Hoka continues to shine and makes Deckers raise guidance in better-than-expected Q2 | Garmin posts double-digit sales gains in all segments | Columbia Sportswear reports margin improvement despite sales decline in Q3 | Skechers sees rebound in India, stumbles in China in Q3 | Crocs cautious on FY sales outlook as Heydude recovery drags on, China growth slows | Fenix Outdoor reports mixed Results in Q3 | Vulcabras’ profit rises 35 percent in Q3 | Zalando reports solid growth in B2C and B2B in Q3 | XXL sees some recover in Sweden, reports another loss | Gildan sales outside North America increase by 20% in Q3 | Moncler nine-month sales rise by 6 percent | Topsports’ H1 revenues, profit tumble | Peloton beats Q1 guidance, hires new president and CEO | Leki and Hestra announce gear partnership | New partnership promotes transparency in tracing plastics recycling | Russian sporting goods market growth slows down
SGI Europe Executive Edition: Vol 35 - 42+43
Adidas lifts FY guidance after another strong quarter | Analysis: The world’s biggest sports retailers | Head is the number one tennis racquet choice in Europe | Three sports companies on the Forbes list | Cisalfa Group reports increased revenues for 2023/24 | Rottefella wins another patent victory against Amer Sports | Lululemon partnerships with Fanatics and NHL | Sprinter sees calm and growth after the storm | Ski Industry Climate Summit returns to ISPO Munich 2024 | Multi-year partnership between Foot Locker and the Chicago Bulls | Spanish footwear exports up in the first seven months of 2024 | Zalando raises its forecast for 2024 | EU finds fault with Fifa’s transfer protocols | Spain’s amateur padel league plans to span the world | Temu sued by Austrian trade association | Young Russian sporting goods brands struggle to take off | eBay expands Circular Fashion Fund globally
SGI Europe Executive Edition: Vol 35 - 40+41
Nike’s FY25 gets off on the wrong foot, with Hill ready to lead the climb back | Global sports equipment contracts by 7.2% in 2023 | New Danish running shoe brand to premiere in April 2025 | New CEO for Sport 2000 Austria | Intersport Spain is raising €8 million in capital | JD Sports interims beat forecasts but Nike woes worry investors | ISPO collaborates with CIFF to put focus on sports fashion | Brooks has opened on a new Asian market | Sport 2000 introduces multi-category concept in Europe | Intersport flagship stores to open in three German cities | Elevate Outdoor Collective promotes COO to CEO | Frisk’s Reju opens its first textile regeneration center | Jürgen Klopp returns to leadership position as Red Bull’s Global Head of Soccer | German leather goods industry suffers steep sales drop | Meta introduces Orion augmented reality glasses | Atomic publishes new Impact Statement | Former NBA champion launches own performance brand | Softer consumer sentiment continues to hamper KMD Brands | Intersport Austria reports stable performance | Vail Resorts lays off 14% of corporate staff following quarterly report | Gymshark expands outside Great Britain
SGI Europe Executive Edition: Vol 35 - 38+39
Nike has a new CEO | Analysis: The top sporting goods industry performers by sales and profit in Q2 2024 | Global sports apparel decelerated in 2023 for third consecutive year | Frasers aims to become the largest sports retailer in Benelux | Footway has sold Footway+ and halves its net debt | EU court upholds big Google fine | PSG and Snipes announce partnership | Intersport in partnership with EA Sports FC 25 for the first time | Olympic hype drives growth in Chinese sporting goods | B Corp certification secured for Bollé Brands | Private Sport Shop receives B Corp label | The footwear production in Italy continues to decline | Golden Goose H1 sales up by 12% driven by DTC | Rockport is sued by Skechers for alleged patent infringement | Manchester United posts loss amidst record revenues | Adidas opens two flagship stores in upcoming American Olympic city | LIV Golf announces five new team General Managers | Riddell faces patent suit over helmet technology
SGI Europe Executive Edition: Vol 35 - 35+36+37
Under Armour revises FY outlook | Topgolf Callaway intends to split up the company | Foot Locker to close or relocate stores due to declining results in Q2 | Foot Locker customer prioritizes discretionary spending on footwear | Hummel outfits new big team and sets German record | Intersport Sweden gets new owners | Premiere for XXL’s new concept as chain opens new department store | Norway’s largest sports retail chains recorded a 3.8% decline in sales in Q2 | Puma has a new Senior Vice President Group Sourcing | New Head of Wholesale Central Europe for Ecco | New features for Google Chrome | Desport returns Decathlon goods to Russian store shelves | Lululemon drops FY outlook on more ‘cautious consumer landscape’ | Macron enters another new national sponsorship agreement | Two Shein suppliers used child labor in 2023 | Anta Sports reports flat H1 operating profit despite 14% sales growth | Xtep Intl. moving forward with three-prong strategy in China | Decathlon invests €100m to expand presence in India | Globe eyes stronger sales outside Australia in FY25 | Fresh relaunch of Elho and its Freestyle collection
SGI Europe Executive Edition: Vol 35 - 32+33+34
Puma leaps up 2.1% in sales Q2 | Market Analysis: Global athletic footwear sales increase by 6.7 percent in 2023 | Under Armour begins rebuilding its ‘House’ amid Q1 loss | On reiterates FY outlook as EMEA accelerates in Q2 | Asics will hit FY26 targets early after blockbuster H1 | Amer Sports raises forecast, Ball & Racquet Sports sees moderate growth | VF Corp. optimistic that EMEA will spearhead Vans’ turnaround | Saucony making progress amid parent’s turnaround | Global footwear production fell 6% in 2023 | New executive leadership team for Scott Sports | New CEO at Intersport Austria | Deckers divests Sanuk | Fila Holdings’ Q2 profitability benefits from Acushnet | Topgolf Callaway explores strategic options and lowers FY outlook | GoPro plans cost cuts to achieve profitability by 2025 | New Q2 record for New Wave Sports, investment in US market launched | Mizuno’s Q1 operating income rises by 22 percent | HanesBrands taking a new direction sans Champion | Descente Q1 operating profit slips on higher costs | Golf balls and the US drive Acushnet in Q2 | Yonex Q1 operating profit swings 20 percent higher
SGI Europe Executive Edition: Vol 35 - 30+31
Adidas’ results in step with earlier guidance | Columbia reports Q2 loss, but brand awareness rises in Europe | EMEA paces Skechers’ sales growth in Q2 | Another strong quarter for Deckers as Powers’ era ends | Brooks Running rebounds in EMEA | Frasers calls FY24 ‘a breakout year’ for future growth | Fitness, automotive segments drive Q2 sales at Garmin | DTC drives Moncler revenues in H1 | Polygiene’s cost-cutting measures take effect | Grupo SBF turns a profit in Q2, improves key figures | Galeria’s insolvency proceedings completed, restart under own management | Spinnova and Ecco invest in leather made from waste |Meta reportedly wants 5% in Essilux to develop smart glass business | While bike sales recover, Swedish retail declines for 10th consecutive quarter | Ski equipment market to post 4.33% CAGR by 2028, says new report | Playtomic’s 2023 in review for pádel | Asics tests production of customized on-demand insoles
SGI Europe Executive Edition: Vol 35 - 28+29
Adidas raises FY forecast after better-than-expected Q2 | Footway Group Q2 report and announces sales of Footway+ | XXL Q2 sales disappoint, but signs of improvement in Sweden, Norway | After disappointing Q2 report – XXL’s CEO: “We will cut more in 2024” | Essilux steps out of line and acquires Supreme, and a med-tech company | Decathlon sets up new business entity for investments in future-oriented companies | Apparel manufacturer Hi-Tech Apparel acquires British software company Unmade | Brussels to close tax loopholes exploited by Chinese marketplaces | Anti-synthetics group forms in US Congress | Sanctions hamper Chinese sporting goods export to Russia | Indian fabric supply chain startup raises $1.6m | Decathlon leaves Sweden, replaced by Swedish giant | On with first robot-made spray-on shoe | Ryder Cup 2023 reportedly generated €262m for the Italian economy | The NBA’s winningest team is for sale | Michael Johnson launches new athletics league
