Home  |   Log In  |   Subscribe  |   My Account  |   Shopping Cart   |   Contact Us
 

 

Latest News

SGI News
Daily News Feed
SGI Newsletter
Archives
Advertising

Database
Directory
Database & Lists

Market Facts Reports

Footwear & Apparel
Sports Equipment

Sporting Goods
 Industry Dynamics


SGI Europe

Trade Shows

About SGI
Contact Us
Terms of Use
Business Policies

August 31, 2020


Xtep Net Falls, but New Brands Drive Sales Increase

The Chinese footwear and apparel brand’s net income attributable to shareholders was down 46% in the first half to RMB 247,921,000 ($35.0 mm) from RMB 463,012,000 despite 10% higher revenues of RMB 3,679,061,000 ($518.9 mm) up from RMB 3,356,913,000.

Adidas Creative Director Ousted

Paul Gaudio, a 20-year veteran of the brand, was terminated effective today for comments on a Complex Instagram Post that were interpreted by some as supporting Kyle Rittenhouse, the 17-year-old facing a murder charge for killing two protestors of the Jacob Blake killing in Kenosha, WI.

Symphony Holdings Swings to Loss in H1

Net loss attributable to shareholders was HK$166,210,000 ($21.4 mm) in the first half against income of HK$39,068,000, on 37% lower revenues of HK$121,806,000 ($15.7 mm) down from HK$193,847,000.

Pegasus International Shrinks Further

The footwear manufacturer reported a 52% drop in revenues to just $1,422,000 in the first half, down from $2,935,000 last year and far away from the $44 million it tallied in H1, 2017.

Walmart Sells Shoes.com

WMT is divesting its footwear e-commerce site Shoes.com to private-equity firm CriticalPoint Capital, Bloomberg reported.

Neymar May Be Headed to Puma

Neymar’s long-running endorsement deal with Nike has ended early, and the Big Cat is leading the running to sign the Paris Saint-Germain and Brazil striker, according to multiple reports.

Etcetera: Adidas, Rack Room Shoes, Outtech

 
All Content and Design © 1994 - 2025 SPORTING GOODS INTELLIGENCE INC.