Consumer insights from the sporting goods industry – Page 39
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News briefs
Sports Direct suffered a loss on its recently acquired Austrian...
Sports Direct suffered a loss on its recently acquired Austrian business of €45.6 million in its 2014/15 financial year, according to the local media, or three times as high as the loss of €17.8 million reported for the previous 8-month fiscal year. Sales declined to €188.7 million from €199 million, ...
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Jarden Corp. has announced it expects sales of around $8.6...
Jarden Corp. has announced it expects sales of around $8.6 billion for 2015, consistent with its guidance, and organic revenue growth to be at the higher end of its targeted range of 3 to 5 percent. The company will file a Form 10-K, which includes final sales and earnings figures, ...
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News briefs
Garmin sales increased by 6 percent in the outdoor division...
Garmin sales increased by 6 percent in the outdoor division for the fourth quarter of last year, driven by the strength of outdoor wearables, although gross and operating margins for the segment were down slightly. Sales for the fitness segment were up by 14 percent for the three months, with ...
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Descente posted a comprehensive net loss of 591 million yen...
Descente posted a comprehensive net loss of 591 million yen (€4.81m-$5.30m) in the third quarter ended Dec. 31 compared with a profit of ¥2,378 million (€19.3m-$21.3m) in the year-earlier period. The only reason was a foreign currency loss of ¥2,242 million (€18.2m-$20.1m). Excluding the currency effect, the gross margin expanded ...
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More than half of the British population, precisely 53.7 percent,...
More than half of the British population, precisely 53.7 percent, bought activewear over the last 12 months, according to recent figures from Verdict Retail. Thanks to a health and fitness culture being on the rise, activewear seems to have grown essential to consumers' wardrobes and habits, with 52.3 percent of ...
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News briefs
Johnson Outdoors' sales increased by 20 percent to $85.3 million...
Johnson Outdoors' sales increased by 20 percent to $85.3 million for the three months up to Jan. 1, with a negative impact of 2 percentage points from exchange rate changes. The three months are the first quarter of Johnson Outdoors' fiscal year and a seasonally weak quarter. The company said ...
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News briefs
Italian sporting goods companies are going through a rough patch...
Italian sporting goods companies are going through a rough patch due to unseasonable weather conditions. The lack of snow has made their total turnover drop by 20 percent in Italy and Austria, according to estimates by Assosport, the national association of sporting goods manufacturers, as reported by Corriere del Veneto, ...
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News briefs
Deckers Brands saw its share price go down by more...
Deckers Brands saw its share price go down by more than 8 percent after releasing lower than expected figures for its third quarter, ended Dec. 31. Sales rose by only 1.4 percent during the quarter to $795.9 million, with increases of 1.0 percent at Ugg and 3.2 percent for Teva, ...
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News briefs
Bike Europe reports that imports of bicycles into the European...
Bike Europe reports that imports of bicycles into the European Union jumped by 4.0 percent in the first eight months of the year. After five years of decline, during which imports dropped by more than 20 percent, the numbers picked up again in 2014, with a rise of 1.6 percent ...
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News briefs
Yonex has achieved a huge sales increase in China in...
Yonex has achieved a huge sales increase in China in the three months until the end of December. The racquet sports company's implied sales for the quarter hit the equivalent of 3,387 million Japanese yen (€25.9m-$29.0m) in China, where badminton is among the most widely-played sports, up from ¥403 million ...
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News briefs
Mizuno's European sales improved by 7.5 percent for the nine...
Mizuno's European sales improved by 7.5 percent for the nine months until the end of December, with robust sales of running and indoor sports shoes. The rise contributed to an increase of 7.4 percent for the entire group's turnover to ¥143.7 billion (€1,099.1m-$1,230.6m) for the nine months. Sales advanced by ...
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News briefs
GoPro's sales shrank by 31 percent to $436.6 million for...
GoPro's sales shrank by 31 percent to $436.6 million for the last quarter of 2015, which is aligned with the sharply downgraded guidance issued a few weeks ago, but the result was still worse than expected, with a net loss of $34.4 million against a profit of $122.3 million for ...
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News briefs
Goldwin's revenues expanded by 4 percent to 17,300 million Japanese...
Goldwin's revenues expanded by 4 percent to 17,300 million Japanese yen (€132.2m-$148.3m) but comprehensive net income was off 67 percent to ¥1,114 million (€8.51m-$9.55m) in the fiscal third quarter until the end of December. Sales were driven by The North Face, Canterbury, Champion and Danskin, though the mild winter has ...
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News briefs
Stella International Holdings saw its manufacturing revenues increase by 5.1...
Stella International Holdings saw its manufacturing revenues increase by 5.1 percent in the last quarter of 2015 to $389.2 million. They finished the year at $1,705.0 million, up 8.5 percent, with continued strength in sports fashion footwear. The maker of athletic and fashion footwear saw average selling prices fall by ...
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News briefs
Sales fell by 4.1 percent to 562 million Danish kroner...
Sales fell by 4.1 percent to 562 million Danish kroner (€75.3m-$84.3m) at Peak Performance in the six months ended on Dec. 31, corresponding to a drop of 4.0 percent in constant currencies. The decline was limited to wholesale revenues in the Nordic countries. Sales went up in the rest of ...
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News briefs
Lululemon has upgraded its guidance for the quarter running to...
Lululemon has upgraded its guidance for the quarter running to the end of January on the back of robust sales during the holiday season. The Canadian yoga apparel company said the uptick had been driven by strong execution in stores and online during the key holiday weeks. While sales were ...
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News briefs
CCM Hockey, the Canadian-based supplier of ice hockey products that...
CCM Hockey, the Canadian-based supplier of ice hockey products that belongs to the Adidas Group, said that sales of its global equipment business advanced by 8 percent last year and by 18 percent over the past two years. The company attributed the rise to its focus on research and development, ...
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News briefs
Zalando said it booked a 30 percent sales increase in...
Zalando said it booked a 30 percent sales increase in the fourth quarter of 2014 to a level expected to range between €865 million and €872 million, generating an adjusted operating margin (Ebit) of between 7 and 9 percent. With that, the German-based e-tailer reached an Ebit margin of between ...
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News briefs
The Financial Times reported last week on growing enthusiasm for...
The Financial Times reported last week on growing enthusiasm for running in China, explaining that runners in the larger cities had to enter draws to be allowed to take part in half or full marathons. The British newspaper writes that about 100,000 people applied for full or half marathons in ...
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News briefs
As it continues to reap the benefits of its improved...
As it continues to reap the benefits of its improved ranges and the Chinese market's clean-up, 361 Degrees said that orders increased at a high single-digit rate in value at its wholesale fair in December, compared with the same event in 2014. Orders have been on the rise for eight ...
