Consumer insights from the sporting goods industry – Page 42
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News briefs
In a presentation to financial analysts, Crocs predicted that its...
In a presentation to financial analysts, Crocs predicted that its sales will fall about $10 million below its previous forecasted range of $280 to $290 million during the third quarter of this year. The revised guidance stems from the strong dollar and the company's decision to hold back about $6 ...
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News briefs
The websites that do not load fast enough negatively affect...
The websites that do not load fast enough negatively affect brands. According to a new study in the U.K. by Rackspace, a cloud computing company, 83 percent of British consumers have declared that consistently slow or unavailable websites negatively affect their brand loyalty. The survey, which was conducted on 2,000 ...
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News briefs
The Brits lead European rankings in online shopping. According to...
The Brits lead European rankings in online shopping. According to a new study by the UK Office of National Statistics, almost 80 percent of U.K. shoppers made a purchase online last year, more than any other country in the EU. Scandinavian countries registered similar figures, with 79 percent of the ...
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News briefs
Vietnam's leather and footwear sector registered a 18.4 percent increase...
Vietnam's leather and footwear sector registered a 18.4 percent increase and earned $8.8 billion in export revenues in the first nine months of the year, according to Vietnam's Ministry of Planning and Investment. In that period the sector produced 241.9 million pairs of shoes, which represent an increase of 24.1 ...
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News briefs
Nike moved up to the 17th place in Interbrand's annual...
Nike moved up to the 17th place in Interbrand's annual ranking of the world's most valuable brands, up from the 22nd position it had obtained on its 2014 listing. Adidas instead fell from the 59th spot to the 62nd one. Luxury brands such as Louis Vuitton, Gucci and Burberry also ...
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News briefs
Noting that consumer confidence is improving in Japan, Himaraya is...
Noting that consumer confidence is improving in Japan, Himaraya is predicting increases in its current financial year of 5 percent in sales, 9 percent in operating income and 13 percent in net profit. For the financial year ended Aug. 31, the Japanese sporting goods retailer has reported a 44 percent ...
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News briefs
361° reports a 15 percent increase in orders taken at...
361° reports a 15 percent increase in orders taken at its recent summer in-house fair at its industrial complex in Jinjiang City. The growth was driven by an increase of 9 percent in volume and 14 percent in average selling prices for the company's footwear products, especially in the running ...
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News briefs
Reporting on some preliminary results before and during an investors'...
Reporting on some preliminary results before and during an investors' conference, Wolverine Worldwide's management indicated that its revenues declined by between 4 and 5 percent in the second quarter. They were flat in terms of local currencies and excluding the phase-out of the Patagonia license and the closure of retail ...
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News briefs
The recovery of the Spanish market has been confirmed by...
The recovery of the Spanish market has been confirmed by the latest figures from El Corte Inglés, the large Spanish retail group that is also the second-largest sporting goods retailer in the country. The company has reported higher operating results for the financial year ended Feb. 28: Operating earnings before ...
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Article
Zalando cancels B&B consumer festival
As we previously reported, the big Berlin-based e-tailer bought the bankrupt Bread & Butter trade show in the former Tempelhof airport of the German capital a few months ago, saying that it was planning to turn the event into a big consumer-oriented fashion festival. It has now announced the cancellation ...
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News briefs
The turnover of Li & Fung declined by one percent...
The turnover of Li & Fung declined by one percent to $8.63 billion in the first half, reflecting macroeconomic conditions. It remained flat in the U.S. and fell by 13 percent in Europe. It grew by 14 percent in Asia but dropped by 9 percent in the rest of the ...
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Article
Eurobike to add one more consumer day
Eurobike will add a second day open to the public in 2016, in view of the European consumers' growing interest in bicycles. Messe Friedrichshafen, which organizes the trade show, made the announcement on Aug. 29, at the closing of this year's edition. In 2016 the event will be held from ...
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News briefs
According to a new report by the Norwegian Health Directorate,...
According to a new report by the Norwegian Health Directorate, the number of people doing sufficient physical activity in Norway has risen by 4 percent over the past five years. In terms of inhabitants, the figures mean that over 200,000 people are more physically active now than five years ago. ...
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News briefs
Manchester United has reported a 16 percent drop in retail,...
Manchester United has reported a 16 percent drop in retail, merchandising, apparel and product licensing revenues to £31.6 million (€43.3m-$49.5m) for the financial year ended June 30, including an 11 percent decline in the fourth quarter. ManU blamed the drops on reduced guaranteed revenues from Nike due to the team's ...
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News briefs
The Fila Korea group has reported a net loss of...
The Fila Korea group has reported a net loss of 31.8 trillion Korean won (€23.9bn-$27.0bn) for the second quarter ended June 30, compared with a profit of KRW29.5 trillion in the year-ago period, on 2.7 percent higher revenues of KRW 200.7 million (€0.15m-$0.17m). The Korean operation suffered a 7.6 percent ...
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News briefs
Giant Manufacturing Co. has raised prices in Europe, where its...
Giant Manufacturing Co. has raised prices in Europe, where its bike sales grew strongly in the first half in local currencies, to mitigate adverse currency exchange effects. Currencies cut the revenues of Giant by 57.1 million Taiwanese dollars (€1.6m-$1.8m) in the second quarter. At current rates, they grew by only ...
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News briefs
Johnson Health Tech turned around to a net loss of...
Johnson Health Tech turned around to a net loss of 161.8 million Taiwanese dollars (€4.4m-$5.0m) from NT$157.9 million in net profits for the second quarter. Sales increased by one percent to NT$ 3,479 billion (€95.5bn-$107.5bn) during the period, but the gross margin fell by 3.22 percentage points to 43.2 percent.
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News briefs
The turnover of Li & Fung declined by one percent...
The turnover of Li & Fung declined by one percent to $8.63 billion in the first half, reflecting macroeconomic conditions. It remained flat in the U.S. and fell by 13 percent in Europe. It grew by 14 percent in Asia but dropped by 9 percent in the rest of the ...
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News briefs
The revenues of China Dongxiang rose by 28.4 percent to...
The revenues of China Dongxiang rose by 28.4 percent to 597 million yuan renmimbi (€82.9m-$93.4m) in the first half ended June 30, leading to a 202 percent jump in net income to RMB 290 million (€40.3m-$45.4m). A big boost came from a 46.4 percent sales increase to RMB 464 million ...
