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November 14, 2024


SGI Europe Founder Publishes Industry History

Sporting Goods Industry Dynamics is a two-volume book covering the history and transformation of the global sporting goods industry and market written by the founder of Sporting Goods Intelligence Europe, Eugenio “Gene” Di Maria.

Fila Profits Fall on U.S. Restructuring

Net income dipped 8% to KRW 53,360 million ($39.3 mm) in the third quarter from KRW 57,743 million last year, as total revenues grew by 6% to KRW 1,049,458 million ($773.8 mm) from KRW 990,192 million, including the usual significant contribution from majority-owned Acushnet.

Pickleball Participation Soars as More Courts Pop Up

Pickleball continued its ascent in 2023 with participation gains across age groups and geographies, cementing a cross-generational appeal in its third year as America’s fastest-growing sport and shedding its association with the senior citizen cohort, according to SFIA and Pickleheads’ second State of Pickleball: Participation and Infrastructure Report.

Zett Sales Improve but Net Declined in Sep. Quarter

Net income inched dwindled 36% to ¥110 million ($0.7 mm) from ¥172 million in the fiscal second quarter ended Sep. 30, on 5% sales growth to ¥13,708 million ($91.9 mm) from ¥13,068 million.

Newton Golf Sales Skyrocket in Q3

Net loss at the high-end golf equipment maker narrowed 11% to $1,060,000 from a loss of $1,197,000 prior for the third quarter ended Sep. 30, on revenues that jumped more than twelvefold to $1,211,000 from $95,000.

Wolverine Worldwide Opens Boston Innovation Hub

WWW opened an 11,000-sq.-ft. innovation hub in Boston, MA, aiming to accelerate product design and development for its portfolio of brands.

S&P Global Expects Modest Holiday Growth

In line with other organizations’ forecasts, the ratings agency expects Holiday 2024 retail sales will increase about 3%, down from 4.7% last year and below the historical 10-year average of 5.3%.

East Coast Port Talks Break Down Again

Just a few days after negotiations resumed between the International Longshoreman’s Association and the U.S. Maritime Alliance, which is representing the East and Gulf Coast ports, the ILA walked out over the issue of automation.

Thermore Launches First Consumer Campaign

Marketing to end users for the first time, the Italian insulation maker tapped ad agency Innocean Italy to create its “Power Comes from Within” brand manifesto.

CPSC Recall: Woom Bikes

Woom Bikes is recalling about 2,500 OFF 5, OFF AIR 5, OFF 6, OFF AIR 6, and ORIGINAL 6 models because the crank can break due to fatigue fractures, causing the rider to lose control.

Etcetera: Caleres, Tilly’s, Rig Footwear, Turtleson, Puma

 
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