SGI Europe Executive Editions
SGI Europe Executive Edition: Vol 36 - 46+47
Amer Sports posts 30% revenue growth in Q3 FY25 as outdoor brands drive performance | Asics posts record sales with 39% operating income growth | On Holding achieves record quarterly sales of €825m with 25% growth | Mizuno hits €740m in record H1 sales, led by running, football and workwear | Canada Goose posts quarterly loss as DTC growth offsets higher costs from strategic investments | Under Armour beats forecast as North America sales show early signs of a potential turnaround | Profit squeeze at Yue Yuen as labor costs surge and China retail softens | Puma streamlines US licensing with United Legwear & Apparel Co. | VF Corporation completes sale of heritage workwear brand Dickies to Bluestar Alliance | Under Armour ends 13-year partnership with Steph Curry amid restructuring | Canada Goose announces board changes as director retires | Columbia Sportswear appoints Peter Bragdon and Joe Boyle as Co-Presidents under succession plan | Ciele Athletics appoints Corey Stecker as Global Head of Sales | Nike partners with Syre to accelerate circular polyester production | Nike signs multi-year offtake agreement with Loop Industries for circular polyester resin | Lenzing and OceanSafe develop next-gen circular fiber for performance textiles
SGI Europe Executive Edition: Vol 36 - 44+45
The 20 biggest sports retailers in Europe: Performance and trends | Executive pay rebounds across vendors in 2024 | Brooks Running posts ninth consecutive quarter of double-digit growth | Berkshire Hathaway up 33% as Brooks Running extends growth streak | Adidas crushes records with €6.6bn in Q3 sales – we go behind the numbers | Saucony and Merrell keep Wolverine on track for growth in Q3 | Moncler 9M 2025: DTC growth offsets Europe weakness | Garmin raises 2025 outlook as fitness momentum offsets outdoor decline | Profit slumps: Columbia struggles with US weakness and costs | VF Corp. exceeds Q2 FY26 expectations with strong core brands | Fenix Outdoor returns to profit as brands drive Q3 recovery | ISPO to move to Amsterdam in 2026 under new joint venture | Anta opens first Paris store, marking its entry into France | Zoot Sports acquires Tailwind Brands to accelerate European growth | WFSGI joins global coalition to tackle child-inactivity crisis
SGI Europe Executive Edition: Vol 36 - 42+43
FESI: ‘Our members are committed to staying the course’ | Global athletic apparel market shows sluggish growth amid regional contrasts in 2024 | Global sports equipment market rebounds 1.8% in 2024 | Melissa Kaar: ‘Regardless of race, gender identity, sexual orientation, ability – there is a place for everyone in sport’ | Tracking the next stride of Germany’s performance running market 2025 | Sneaker & sports apparel giants lag in digital performance | The fashion industry’s illegal practice of resale price maintenance | US tariffs hit Sri Lanka apparel, World Bank warns | Garment factory fire in Bangladesh claims at least 16 lives | European textile coalition demands mandatory circular economy policies | European Parliament calls for comprehensive European Sport Model reforms | Reebok launches Smart Ring, partners with F45 | Teen survey finds On outranks Hoka | Nike drops again in Best Global Brands ranking
SGI Europe Executive Edition: Vol 36 - 40+41
Nike sees some progress in Q1 as recovery commences | Global athletic footwear market grew by 5% in 2024 | OpenAI announces the ‘next era of commerce’ | Women are massive sports fans, yet feel unseen | Padel’s next frontier: US market prepares for explosive growth, with lessons from Europe | Second-hand: From sustainability paradox to business case | Circular sales grow as Decathlon cuts emissions | Patent disputes overlap Garmin with Strava and Suunto | Amazon to pay $2.5bn over deceptive subscriptions | FIS releases environmental emissions reports | International Running Expo gets a headline partner
SGI Europe Executive Edition: Vol 36 - 38+39
VF sells Dickies for $600m in cash | Running reloaded: These shoe brands race ahead of the rest | US Supreme Court awaits after tariffs to hit Vietnam and India | Nike tops the sports category in Time magazine and Statista’s ranking of the world’s best companies | ‘OutDoor’ trade show rebrands as part of European Outdoor Week, moves to Riva | EU and Indonesia sign free-trade deal | VF Corp. sharpens focus on Vans and The North Face | Inditex enjoys a strong start to the autumn/winter season | Fila in collab with Indian brand aiming for Gen Z | Footway invests in logistics center and launches new service | Elan Sports Director promises better service for retail partners | Giorgio Armani leaves instructions for the sale of his group | Nike and Skims launch first collection, marking sportswear-shapewear crossover | UN declaration recognises physical activity as core health intervention | Hoka partners with Sweden’s Unna to relaunch the Speedgoat 2 | Decathlon and Rheon Labs in first, but not last, compression-collaboration | Another Absolute Run store has opened | IOC President creates four new working groups | OrthoLite to open foaming plant in India
SGI Europe Executive Edition: Vol 36 - 36+37
A new Foot Locker team has formed | Adidas and Audi join forces in the brand new Formula 1 team | Elan Sports restructures leadership ahead of winter season | Leadership shift aligns Decathlon UK and Ireland | VSP Vision acquires Adidas Eyewear licensee Marcolin | New chairman for Frasers Group; CEO expected to miss out on major bonus | Lululemon Q2 profit flat as US demand weakens and tariffs bite | Golden Goose continues to post double-digit growth | Klarna lists on NYSE after all obstacles are cleared, valued at €11.8bn | New Era names official partner of Atlassian Williams Racing | New growth for Norwegian sports market | WeSports turnover is booming, more acquisitions to come | Perfect Moment secures $6.6m in new financing | Puma teams up with Rothaus and Sport 2000 for beer-Inspired sneaker | America’s first Skechers Performance Store opens in Miami | Olympic Refuge Foundation awards $200K to refugee sport projects | Lewis Hamilton restructures and renames his company | Giorgio Armani dies aged 91 | Rawlings acquires leading training and accessories company, Tanner Tees | Aim’n hits SEK 500m in 2025 as it moves away from influencer marketing | Nike and StockX settle 2022 lawsuit over NFT trademark | Zumiez posts modest Q2 growth | Ralph Lauren back to dress up US team for Ryder Cup | IOC appoints three new directors | New York Giants to sell 10% for $1bn
SGI Europe Executive Edition: Vol 36 - 30+31+32
Adidas confirms guidance as Q2 sales fall short, tariff costs set to grow | Saucony, Merrell again fuel growth for Wolverine in Q2 FY 25 | VF Corp. aims for accelerated sales growth at The North Face, Timberland | Anta-Reebok: Strategic fit or speculation? What we know so far | Garmin raises full year guidance after strong Q2 | Frasers Group meets profit forecast despite sluggish consumption | Hoka drives Deckers Q1 growth | Int’l markets drive top line at Columbia Sportswear | Canada Goose sales fly higher but operating loss widens | Zalando grows revenue in Q2 2025 | Topgolf Callaway raises Ebitda guidance after Jack Wolfskin sale | AI-commerce: ChatGPT is becoming a shopping platform | AI and its frontrunners – the US and China | Starvie joins the GSIC | Olympic champion Laura Dahlmeier dies at 31
SGI Europe Executive Edition: Vol 36 - 28+29
Warburg Pincus will acquire a majority stake in Uvex | Analysis: Inventory levels in the sporting goods industry, Q1 2025 | Puma and Man City in first Premier League £1bn deal | Lululemon has found its partner for India expansion | Padel set for 17% annual growth through 2027, says Playtomic | Zalando and About You have successfully completed their transaction | Ellesse returning to the US | Le Coq Sportif saved, now in Franco-Swiss hands | Decathlon expands footprint in cities with two new stores in Nuremberg | Sales up and change in the air at Onitsuka Tiger | The US and Vietnam reach a trade agreement | Footasylum posts record sales and profits in FY25 | New association seeks to boost women’s leadership in sporting goods | Performance Days October edition sold out | Bain may consider selling its Canada Goose stake | Sports Emotion to introduce Running Emotion | Prime Day set to drive $23.8bn in US online sales | Sport 2000 introduces a new trade fair concept | Kingmaker swings to a loss, for several reasons | Circular economy: Survey suggests disruption | FIS and Virtus sign agreement to promote inclusion in winter sports
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
