Consumer insights from the sporting goods industry – Page 44
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News briefs
The consumption of bicycles and bike-related products grew in Spain...
The consumption of bicycles and bike-related products grew in Spain by 6.6 percent in 2014 to a value of €1,354 million, according to a study commissioned to Sport Panel by Ambe, the Spanish bike industry association. Sales to all retail channels grew by 8.1 percent to €549 million, with multi-sport ...
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News briefs
The Italian bike market recovered last year. After a drop...
The Italian bike market recovered last year. After a drop suffered in 2013, sales of bicycles to the various retail channels increased by 6.4 percent to 1,644,600 units in 2014, thanks apparently to an improving economy and greater participation in the sport. Sales of e-bikes were stagnant at 51,156, in ...
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News briefs
GoPro has reported on another big jump of 71.7 percent...
GoPro has reported on another big jump of 71.7 percent to $414.9 million in its revenues during the second quarter ended June 30. Sales outside the U.S. represented more than 50 percent of the total turnover during the quarter, as combined sales in Europe, the Middle East and Africa (EMEA) ...
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News briefs
361 Degrees, the Chinese sportswear brand, reports that the comparable...
361 Degrees, the Chinese sportswear brand, reports that the comparable store sales of its franchisees advanced by 7.2 percent for the second quarter of this year, with an average retail discount of 28 percent and channel inventory of four months. This is based on the performance of 3,707 stores out ...
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News briefs
Peter Cowgill, executive chairman of the JD Sports Fashion group,...
Peter Cowgill, executive chairman of the JD Sports Fashion group, told shareholders at their annual meeting earlier this week that the company has made a strong start for the first 19 weeks of its new fiscal year, started at the beginning of February. The company said it was still pleased ...
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News briefs
Direct Golf, the British golf retailer, says it continues to...
Direct Golf, the British golf retailer, says it continues to outperform the country's golf market with the ninth consecutive month of increasing turnover in May, compared with the same month one year earlier. Its sales soared by 39 percent in April and again jumped by 34 percent in May. Its ...
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News briefs
Zumiez reports that the sales of Blue Tomato rose by...
Zumiez reports that the sales of Blue Tomato rose by 33.6 percent to $64.4 million in the first quarter ended on May 2, in spite of a negative currency impact of $5.0 million. The parent company's total sales went up by 9.0 percent to $178 million, with growth of 3.0 ...
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News briefs
Bike Europe reports that exports of bicycles from Taiwan jumped...
Bike Europe reports that exports of bicycles from Taiwan jumped by 13.9 percent in volume to 1,475,000 complete bicycles for the first four months of this year. After several years of stagnation, the value of these exports advanced by 10.1 percent to $599 million, although the average value per exported ...
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News briefs
Sportshoes.com, an online sports footwear retailer based in Yorkshire, has...
Sportshoes.com, an online sports footwear retailer based in Yorkshire, has been ranked among the fastest-growing mid-market private companies in the U.K. The retailer is 30th in the ranking compiled by Investec, the banking and asset management group, based on annual percentage turnover growth over four years among companies with a ...
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News briefs
New Balance's sales soared by more than 20 percent to...
New Balance's sales soared by more than 20 percent to $3.3 billion last year, up from $2.93 billion the previous year, the company reported in an unrelated press release. The annual figure reportedly encompasses estimated sales by joint ventures and distributors, and they include sales from the group's secondary brands, ...
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News briefs
The Migros Group has reported a 2 percent increase in...
The Migros Group has reported a 2 percent increase in its total turnover to 27.3 billion Swiss francs (€26.1bn-$29.6bn) in 2014. However, SportXX, the sporting goods retail chain of the cooperative, suffered a sales decline of 0.9 percent, despite an increase in the number fo stores from 54 to 57, ...
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News briefs
Sports Direct International (SDI) has provided employees and partners with...
Sports Direct International (SDI) has provided employees and partners with updates on its performance, which is ahead of market expectations for profits before tax and earnings per share. The company said that its underlying Ebitda is in line with expectations of £380 million. The company attributed the above-expectations earnings to ...
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News briefs
Skechers told the recent Citigroup investor conference that it expects...
Skechers told the recent Citigroup investor conference that it expects its sales in China to reach $150 million this year and is targeting an annual turnover of $500 million in the next four to five years. The management indicated that some major franchising agreements are in the works. It sees ...
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News briefs
The average number of golf rounds played in the U.K....
The average number of golf rounds played in the U.K. increased by 14 percent in the first quarter of this year, according to the latest findings by Sports Marketing Surveys (SMS). The research company already pointed to an encouraging stabilization in golf participation last year. The relatively mild temperatures and ...
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News briefs
Some of the latest numbers from the NPD Group about...
Some of the latest numbers from the NPD Group about shares in the U.S. athletic footwear market indicate that Skechers has over taken Adidas as the second-largest sports footwear brand for the quarter ended in March. As reported by The Wall Street Journal, the NPD Group puts Skechers' market share ...
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News briefs
Intersport PSC reported a 16.7 percent drop in consolidated sales...
Intersport PSC reported a 16.7 percent drop in consolidated sales to 112.5 million Swiss francs (€108.9m-$118.7m) for the first six months of its financial year, ended on March 31, and its new management is forecasting a slight decline for the full year. However, the Intersport licensee for Switzerland enjoyed a ...
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News briefs
Acushnet raised its sales by 1 percent to $416.2 million...
Acushnet raised its sales by 1 percent to $416.2 million in the first quarter. In constant currencies, they went up by 7 percent, with strong performance in the Europe, Middle East and Africa region as well as in the U.S., Canada, Australia and New Zealand.
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News briefs
Liberty Ventures said that revenues from its continuing e-commerce operations...
Liberty Ventures said that revenues from its continuing e-commerce operations grew by 1 percent to $276 million in the first quarter, led by increases of $10 million at Backcountry.com as well as at Bodybuilding.com. The adjusted operating profit on these operations increased to $29 million from $22 million in the ...
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News briefs
Indonesian press reports indicate that a Chinese company has invested...
Indonesian press reports indicate that a Chinese company has invested in the construction of a shoe factory with a capacity of 15 million pairs to manufacture footwear for Nike. Established in Garut, West Java, the factory is to provide employment for 5,500 people. The Indonesian trade ministry reports that the ...
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News briefs
Yonex, which is gearing up to begin direct sales in...
Yonex, which is gearing up to begin direct sales in the Chinese market, reported a 48 percent increase in net income to 1,694 million yen (€12.4m-$14.2m) on 10 percent higher revenues of ¥47,619 million (€348.6m-$399.1m) for the financial year ended March 31. Sales grew by 18 percent in Europe to ...
