Dive into the Future: Swimwear Industry Demand on the Rise with an Expected CAGR of 6.3% from 2021 to 2026.
Due to its strategy of multi-country and multi-sport, in 2022, Macron relies heavily on international sales, which account for about 80% of its total revenue.
On’s investor and tennis superstar Federer stated, “Iga and Ben represent the next generation of world-class talent. Both players demonstrate On’s competitive spirit and embody current and future champions of the sport.”
On anticipates reaching net sales of at least CHF 1.7 billion, a gross profit margin of approximately 58.5% and an adjusted EBITDA margin of 15.0% for the full year 2023.
For the first time since 2017, footwear has outstripped apparel as the biggest contributor to Li-Ning’s revenue.
Originally founded in 1906, New Balance has been making running shoes since 1938. In 2000, New Balance reached the $1 billion revenue milestone. It has managed to double its sales in the last 10 years.
In 2022, PUMA significantly improved product offering across all business units and expanded their product offering in Running & Training.
Jim Weber, CEO of Brooks Running, said “The future has never been brighter for performance running.”
Castore may seek a new round of funding to push its valuation to over £1 billion and potentially go public in the mid-term.
Stephanie Linnartz, former Marriott executive, would be taking over as Under Armour CEO and starting in the role on Feb. 27.
