Consumer insights from the sporting goods industry – Page 26
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News briefs
Munich, the Spanish brand of sports and lifestyle footwear, reportedly...
Munich, the Spanish brand of sports and lifestyle footwear, reportedly raised its revenues by 17 percent to €35 million in 2017. Its own retail operations delivered a 26 percent increase to more than €10 million, thanks in part to the opening of three new stores and a growth of more ...
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News briefs
While its sales in the Americas dipped by 6 percent...
While its sales in the Americas dipped by 6 percent in the second quarter, with a drop of 4 percent in constant currencies, the Thule Group's sales in Europe and the rest of the world jumped by 18 percent, or 12 percent in local currencies, driven by Sport & Cargo ...
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News briefs
Groupe Lafuma has raised its sales by 2.1 percent to...
Groupe Lafuma has raised its sales by 2.1 percent to €83.1 million for the first half of this year, amounting to a rise of 3.5 percent in constant currencies. With the Lafuma, Millet and Eider brands, the mountain sports division reported a sales hike of 4.3 percent to €38.7 million ...
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News briefs
Retail sales of sporting goods in Norway reached a record...
Retail sales of sporting goods in Norway reached a record level of more than 3.2 billion kroner (€335.9m-$395.5m) during the first quarter of 2018, up by 11 percent from the same quarter of 2017. According to Sportsbransjen, the Norwegian sporting goods industry association, good snow conditions and cold temperatures were a ...
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News briefs
Groupe Bic reports that its sports division suffered a small...
Groupe Bic reports that its sports division suffered a small double-digit sales decline in constant currencies for the first quarter. Bic Sport already saw its turnover decline by about 5 percent in 2017, which was blamed on an increasingly competitive market in the U.S. The group has overhauled its business ...
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News briefs
Sports Marketing Surveys has obtained an assignment from the All...
Sports Marketing Surveys has obtained an assignment from the All England Lawn Tennis Club to deliver the Wimbledon Equipment Census for at least another three years, until 2020. This program provides the count of equipment used by all competitors at the championships, in main draw singles, doubles, wheelchair, junior and ...
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News briefs
Descente reported a slightly improved net profit of 5.77 billion...
Descente reported a slightly improved net profit of 5.77 billion yen (€44.5m-$52.4m) for the financial year ended March 31 on 7.3 percent higher net sales of ¥141.1 billion (€1.1bn-$1.3bn). The operating margin rose by 0.4 percentage points to 6.9 percent. Sales increased in all the segments and virtually all the regions, ...
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News briefs
A 30 percent jump in sales of electric bikes allowed...
A 30 percent jump in sales of electric bikes allowed Giant Manufacturing to post an overall sales increase of 3 percent to 13.9 billion Taiwanese dollars (€397.0m-$467.5m) in the first quarter of this year. Electric bike sales grew at a double-digit rate in Europe, where the company is planning to boost ...
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News briefs
Globeride's net income surged by 80 percent to 4.26 billion...
Globeride's net income surged by 80 percent to 4.26 billion yen (€32.9m-$38.7m) in the year ended March 31 as the parent company of Daiwa Seiko raised its sales by 8 percent to ¥85.8 billion (€662.2m-$779.7m). Excluding one-time items, net earnings rose by 14 percent to ¥2.49 billion (€19.2m-$22.6m). The gross margin ...
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News briefs
The Tecnica Group scored better than expected in 2017, booking...
The Tecnica Group scored better than expected in 2017, booking a 10 percent sales increase to €365 million for the year (just above the Rossignol Group). Ebitda went up to €32.3 million from €27.9 million in 2016. The best performances were achieved by Moon Boot, whose sales went up by ...
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News briefs
Goldwin saw its total revenues increase by 16 percent to...
Goldwin saw its total revenues increase by 16 percent to 70.4 billion yen (€543.3m-$639.7m) in the year ended March 31, with 56 percent of them coming from its network of 140 retail stores. The gross margin improved by two percentage points to 48.4 percent. The net profit soared by 120 percent ...
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News briefs
Adidas is the brand that is pictured most on Twitter...
Adidas is the brand that is pictured most on Twitter and Instagram, according to an analysibs by Brandwatch. In April, Adidas' logo appeared in 6,664,170 unique images, which means in 154 new images every minute, or three new images every second, Brandwatch explains. Adidas is followed by Nike, whose logo ...
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News briefs
Trigema, the German brand of activewear that prides itself on...
Trigema, the German brand of activewear that prides itself on manufacturing all its clothing in Germany, reported that its total sales increased by 2.3 percent to €100.5 million in 2017, as compared to the previous year. Sales in markets that are directly handled by the company accounted for 48.5 percent ...
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News briefs
BasicNet has reported a 7.5 percent increase in revenues to...
BasicNet has reported a 7.5 percent increase in revenues to €53.7 million for the first quarterb, up by 9.1 percent in constant currencies. Aggregated, wholesale-equivalent sales, including those of its licensees, went up by 4.7 percent to €208 million, with growth of 13.1 percent on a constant-currency basis. Kappa and ...
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News briefs
GfK Switzerland estimates that the Swiss sporting goods market was...
GfK Switzerland estimates that the Swiss sporting goods market was on the rise again in 2017, for the first time in several years, as it expanded by 3 percent to about 1.8 million Swiss francs (€ 1.5m - $ 1.8m) last year. The increase was driven by a double-digit growth ...
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News briefs
Scott Sports is warning consumers of the proliferation of fraudulent...
Scott Sports is warning consumers of the proliferation of fraudulent online stores, which typically offer promising discounts of up to 80 percent and more on Scott bikes. Consumers are often led to these sites by sponsored ads. The company is reminding buyers of the risk of making payments on these ...
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News briefs
Puma has just put out excellent preliminary figures for the...
Puma has just put out excellent preliminary figures for the first quarter. Consolidated sales increased by 12 percent to €1,131 million, with strong currency-neutral growth of about 21 percent. The operating profit (Ebit) went up to around €112 million from €70 million in the year-ago period. Nevertheless, the management is ...
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News briefs
As a group, Fila Korea saw its consolidated net earnings...
As a group, Fila Korea saw its consolidated net earnings decline by 65 percent to 108.1 billion won (€82.2m-$101.6m) last year as sales jumped by 169 percent to KRW 2,530 billion (€1.9bn-$2.4bn) because of the integration of Acushnet's results. As a stand-alone operation, Fila booked net income of KRW 34.7 billion (€26.4m-$32.6m) for ...
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News briefs
Sport Zone suffered a decline in comparable sales last year,...
Sport Zone suffered a decline in comparable sales last year, as reported by the Sonae Group. This Portuguese conglomerate was previously the full owner of Sport Zone, but last year it agreed to fold this interest into the Iberian Sports Retail Group (ISRG), in which the JD Sports Fashion group ...
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News briefs
Netshoes, the large Brazilian-based online retailer of sporting goods, reported...
Netshoes, the large Brazilian-based online retailer of sporting goods, reported a relatively stable net loss of 164.3 million reais (€38.9m-$48.1m) for 2017 on 9 percent higher revenues of R$1,889 million (€447.5m-$552.5m). On an adjusted basis, the net loss went up by 11 percent R$170.3 million (€40.3m-$49.8m), weighed down by a ...
