Home breadcru News breadcru Market Intelligence breadcru  | Global sportswear giants post strong financial gains in 2024

Prime Content | 
Global sportswear giants post strong financial gains in 2024

24 Dec '24
10 min read
Global sportswear giants post strong financial gains in 2024
Global sportswear giants post strong financial gains in 2024

Insights

  • The sports and activewear industry saw a robust performance as of September ****.
  • American company Under Armour, however, showed a decline.
  • Companies like Goldwin Inc and Amer Sports reported significant increases in sales and profits, while Adidas AG exceeded expectations in its third quarter.
  • Puma SE and Gildan Activewear experienced moderate growth, mainly in sales or profits.

Sports & activewear segment gave an overall strong performance for the period ended September ****, with four out of seven companies delivering strong, and two moderate financial results. While Japanese companies reported consolidated results of half-year and nine-month periods, the others reported second and third quarter results depending on their financial year. Two each, Japanese and European companies, grew both in sales and profits; one each, European and Canadian companies, grew in either of them, while one American company could improve neither.

Strong: Growth In Both Sales & Profits

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!