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The group wants to improve margins in the region, which accounted for more than 30 percent of its revenues during the most recent FY, for FY26. Perfect Moment, the British [...]

Gross margin improved by 450 basis points to 54.0 percent from 49.5 percent and total sales were up 6.0 percent year-over-year at KRW1,049,458 million (€704.5m) versus KRW990,192 million. Overall results [...]

The company’s outlook for the 12 months ending March 31, 2025, calls for 43 percent year-over-year operating profit growth to €36.3m. Operating profit at the Japanese group rose by 38 [...]

Operating income tumbled 54 percent to $33.7 million from $73.8 million for the three months ended Sep. 30. Topgolf Callaway Brands lowered its annual sales outlook and confirmed the likely [...]

On failed to meet expectations for its quarterly earnings due to a 42.6 million Swiss franc (€45.4m) currency fluctuation impacting results. Still, the Swiss group posted another blockbuster sales period [...]

Yue Yuen generated strong nine-month manufacturing results but the group’s retail arm, Pou Sheng Intl., suffered from soft sales momentum with weak traffic across various Chinese cities. Yue Yuen, the [...]

By segment, badminton sales rose 16 percent to ¥40.6 million (€248.4m) from higher revenues in Japan and overseas. Yonex group bolstered positive yen depreciation on overseas sales, generating a 16 [...]

Titleist golf ball sales rose by 18.2 percent to $213.9 million year-over-year, helped by the introduction of new GT drivers and Fairway metals. Quarterly net income attributable to Acushnet Holdings [...]

Parent Wolverine Worldwide believes the brand’s turnaround is underway and working thanks to new product introductions, design improvements and lower retail inventory levels. Saucony, despite ongoing demand momentum in the [...]

Soccer boots and lifestyle footwear sales stepped higher, and the company reported improved gross margins with On Running shoes. Mizuno’s operating income increased by 20 percent to ¥11,151 million (€67.9m) [...]

The GoPro group suffered a 112 percent increase in year-over-year operating loss to $8.0 million versus a loss of $3.8 million in Q3. For a second consecutive quarter, GoPro’s operating [...]

The Japanese group’s nine-month results were bolstered by significant sales increases within its Sportstyle and Onitsuka Tiger segments in North America and China. Asics intends to provide details on its [...]

With Kevin Plank in the lead Under Armour is gaining speed. In Q3 the company reports a 24 percent increase in Q2 operating income to $173.1 million from $139.5 million [...]

The struggle to reach profitability for Scandinavin sporting goods retail group XXL is far from over. In Q3, ended Sep. 30, group Ebit was NOK -191 million (-€16.0m) versus NOK [...]

The Puma group continues to expect a mid-single-digit (ca) annual sales increase and an FY24 Ebit range of €620 to €670 million, flat to up 7.8 percent for the period. [...]

The Brazilian footwear group’s Ebitda margin expanded by 90 basis points to 25.1 percent for Q3. The company’s gross margin inched up by 20 basis points to 43.1 percent from [...]

Gildan, the Canadian activewear group, reports Q3 operating income up 24.5 percent. Canadian activewear group Gildan reported a 24.5 percent increase in Q3 operating income to $192.9 million versus $155.0 [...]

The group expects Q4 results to be essentially flat with year-ago results. BasicNet, the Italian parent of Kappa, Robe di Kappa, Superga and Sebago, realized a 9.1 percent decline in [...]

Columbia Sportswear saw a 5% revenue decline in Q3, but it boosted its gross margin thanks to lower freight costs and a favorable sales mix. Despite lower US demand, growth [...]

The Italian luxury group reported a 6% revenue rise over nine months, led by robust direct-to-consumer sales and substantial gains in Asia, despite challenges in Japan. Group consolidated revenues rose [...]

Peloton boosts FY25 outlook as it appoints Apple veteran Peter Stern to lead in January, with Q1 showing improved margins and cash flow turnaround. Source: Peloton InteractivePeter Stern will become [...]

The Seattle-based running specialist hit a major sales milestone ahead of Q4, with double-digit gains in EMEA and North America. It marked the first time Brooks reached the sales milestone [...]

The Swiss company boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments. Bolstered by [...]

In its Q3 report, Adidas says it is examining a business model focused on a new generation of consumers and is ready to deliver currency-neutral revenue growth of approximately 10% [...]

VF Corp. continues to make progress on its turnaround plan, delivering sequential sales improvement, a year-over-year increase in gross margin, and a 13 percent reduction in inventories in the second [...]

Citing current brand momentum and better-than-expected results in Q3 ended Sept. 30, Adidas increased its FY24 guidance for a second consecutive period. The German group is now forecasting about 10 [...]

361 Degrees saw sales of both its own private label and kids’ brand products increase by 10 percent year-over-year. 361 Degrees realized a 10 percent year-over-year sales increase for both [...]

The sales of Anta Sports recorded a mid-single-digit, year-over-year sales increase in the period ended Sept. 30. The Chinese group Anta Sports, which sells numerous brands in the market, including [...]

With sales and income down for Q1, the American giant will strive to spur growth through innovation. Not unexpectedly, Nike reset its business after reporting its worst quarterly sales decline [...]

New Zealand’s KMD Brands, owner of Rip Curl, Kathmandu and Oboz, saw FY24 sales drop 11.2% amid weak consumer sentiment, posting a NZ$48.3m net loss. Annual results at New Zealand’s [...]

Due to these expected actions, the Baltimore-based group has revised its FY25 outlook. Due to an anticipated $70 million in additional charges related to a decision to close a distribution [...]

The Q2 net loss of $847,000 was 90 percent better than the year-ago loss of $8,509,000. The global retail group, which operates under the Zumiez, Blue Tomato, and Fast Times [...]

Foot Locker stays on course despite economic challenges, focusing on its loyalty program, expanded brand portfolio, and upcoming mobile app launch. Despite a projected similar consumer environment in H2 in [...]

Todd Smith has been appointed President and CEO of Sports & Fitness Industry Association (SFIA). Source: SFIATodd Smith, incoming President and CEO of the Sports & Fitness Industry Association. The [...]

Gap Inc. anticipates Athleta’s sales rebound in H2, despite a slight Q2 decline, with improving margins and successful marketing campaigns fueling growth. Athleta parent Gap Inc. said the segment’s 4 [...]

Canadian clothing company Lululemon Athletica’s Q2 missed expectations, driven by non-US markets and men’s sales. Despite a rise in margins, the brand lowered its annual outlook. Non-US markets and men’s [...]

With an operating loss of $9m in Q2, the chain plans to close or relocate stores. This includes the closure of all stores in Sweden, Norway, Denmark and South Korea [...]

The Chinese group sees profit and sales growth despite flat margins, driven by strategic retail expansion and strong performance across all brands. Anta Sports attributed its flat operating profit margin [...]

Golf sales were higher year-over-year, helped by the launch of the 13th generation XXIO club in Japan and North America. H1 profitability for Sumitomo Rubber’s Sports business unit increased by [...]

Saucony and Merrell generated a 72 percent year-over-year increase in sales in H1. The Chinese group, having proposed a strategic divestiture of its K-Swiss and Palladium businesses in May, is [...]

The Australian operator of four retail formats suffered an 11 percent drop in net profit after tax to A$242 million (€146.9m) for the 12 months ended July 1. Annual Ebit [...]

The UK-based group maintains its annual profit outlook amid global volatility, reporting solid Q2 growth driven by strong European, North American and Asia-Pacific sales. JD Sports, which operates over 4,500 [...]

The Chinese group received a lift from the sports category in the first half of the financial year. Stella Intl. recorded a 53 percent increase in adjusted net profit to [...]

Annual Ebit of the multi-brand skate, surf and swimwear company increased by 12%. A restructured European division and a return to regional profitability in both the EU and North America [...]

In Q4 ended June 30, the group reported flat year-over-year revenues at $643.6 million versus $642.1 million. Peloton Interactive, still pursuing its next permanent CEO, is vowing to focus on [...]

KMD expects FY24 Ebitda of NZ$49-51m as sales drop 11.2%. Rip Curl and Kathmandu showed Q3/Q4 improvement, but margins fell 30 basis points. KMD Brands, slated to report annual results [...]

Arc’teryx drives Amer’s Q2 success, boosting stock by over 10 percent and leading to an upgraded full-year forecast with strong growth in Technical Apparel. The largest brand in Amer Sports’ [...]

China’s largest sportswear maker Li Ning suffered a 3.0 percent decline in H1 operating profit to 2.40 billion yuan renminbi (€304.8m) versus RMB2.48 billion for the six months ended June [...]

The British luxury brand expands its US presence with a SoHo pop-up and new distribution centers, aiming to boost its luxury skiwear brand across major cities. The British luxury skiwear [...]

Ebit was R$22.3 million (€3.7m) as gross margin improved by 170 basis points to 42.6 percent. Brazilian footwear maker Grendene recorded a 27 percent drop in Q1 profitability to 41.6 [...]