Consumer insights from the sporting goods industry – Page 53
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News briefs
Despite tough competition in Scandinavia and unfavorable weather at the...
Despite tough competition in Scandinavia and unfavorable weather at the end of the year, the Fenix Outdoor Group lifted its turnover by 8 percent to 1,865.7 million Swedish kronor (€209.4m-$286.3m) last year. Sales of the group's brands, led by Fjällräven, jumped by 11 percent to SEK 1,264.4 million (€141.9m-$194.0m) for the ...
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News briefs
Manchester United said its retail, merchandising apparel and product licensing...
Manchester United said its retail, merchandising apparel and product licensing revenues, which are managed by Nike, declined 4.4 percent to £9.1 million (€11.1m-$15.2m) in the second fiscal quarter ended Dec. 31, 2013. For the year to date, revenues were £19.8 million (€24.2m-$33.2m), up 4.8 percent. The agreement with Nike is set ...
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News briefs
Björn Borg has seen its full-year net profit fall 71...
Björn Borg has seen its full-year net profit fall 71 percent due to one-off costs. Profit after tax for the Swedish underwear company stood at SEK13.9 million (€1.6m-$2.1m) during the year ending last Dec. 31, as compared to SEK47.2 million in the previous fiscal year. Operating profit was negatively affected by ...
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News briefs
Globeride suffered a 45 percent drop in net income to...
Globeride suffered a 45 percent drop in net income to ¥1.12 billion yen (€8.0m-$10.9m) for the nine months ended Dec. 31. The company, which was formerly called Daiwa Seiko, saw its sales rise by 12 percent to ¥50.64 billion (€361.1m-$493.7m) for the period, but its operating earnings fell by 24 percent to ...
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News briefs
The year 2013 was very good for Norrøna. The Norwegian...
The year 2013 was very good for Norrøna. The Norwegian company grew by nearly 30 percent, with sales amounting to about 360 million Norwegian kroner (€43.5m-$59.4m). In an interview published by Sportsbransjen, Norrøna's chief executive, Jørgen Jørgensen, explained that the company's strong growth comes after many years of clear distribution ...
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News briefs
Descente is forecasting a 13 percent sales increase to 104...
Descente is forecasting a 13 percent sales increase to 104 billion yen (€741.7m-$1,013.7) for its current financial year as it reports growth of 17 percent to ¥75.93 billion (€541.5m-$740.2m) for the nine months ended last Dec. 31. Operating income rose by 3.6 percent to ¥3.59 billion (€25.6m-$35.0m) for the nine-month period, leading to ...
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News briefs
Rebel Sport, the New Zealand sports retailer owns by the...
Rebel Sport, the New Zealand sports retailer owns by the Briscoe Group, posted revenues of NZD$46.2 million (€27.7m-$37.4m) for its stores in New Zealand in the fourth quarter ended Jan. 26, representing a 9.47 percent increase in comparable store sales. For the full year ended Jan. 26, sales reached NZD$156.8 million ...
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News briefs
Sonae Group, the Portuguese company that owns Sport Zone, recorded...
Sonae Group, the Portuguese company that owns Sport Zone, recorded a 3 percent increase in its retail sales to €4.6 billion in 2013, including a 7.5 percent increase in Spain to €310 million through its Sport Zone, Worten and Zippy chains. Additional details will be released later this month.
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Short stops
Reports from the recent in-house fairs of some Spanish buying...
Reports from the recent in-house fairs of some Spanish buying groups indicate a strong increase in orders by their retail members
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Short stops
Thule will launch a new bike campaign for end consumers...
Thule will launch a new bike campaign for end consumers and retailers in the autumn of this year and plans other marketing activities together with local retailers in Europe and Asia
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Short stops
Dorel Industries' Recreational & Leisure segment and Fox Factory have...
Dorel Industries' Recreational & Leisure segment and Fox Factory have warned investors that their bike-related operations will report lower-than-expected results for the fourth quarter
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News briefs
Jack Wolfskin admits that its sales fell by 7.9 percent...
Jack Wolfskin admits that its sales fell by 7.9 percent to €324 million in the past year. The company is blaming mainly the difficult market situation in Germany and Austria. The brand performed well in foreign markets in contrast, rising by 45 percent in the U.K., by 13.7 percent in ...
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Short stops
Reportedly, Erima had almost flat revenues of €47 million in...
Reportedly, Erima had almost flat revenues of €47 million in 2013, but its profitability improved
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News briefs
Athleticum suffered a 3.3 percent decline in its sales to...
Athleticum suffered a 3.3 percent decline in its sales to 190 million Swiss francs (€155.2m-$210.9m) in 2013, according to the Manor Group, the parent company of this Swiss chain of 24 sporting goods stores. The group's total sales remained relatively stable at around CHF2.8 billion (€2,286.5m-$3,108.0m). Manor also sells sports products ...
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News briefs
Karstadt suffered a 2.3 percent decline in its sales during...
Karstadt suffered a 2.3 percent decline in its sales during the three months ended last Dec. 31, but the fashion and sports segments improved their sales. In particular, footwear went up by 6.6 percent and children's fashion by 13.6 percent. A major recovery is expected this year.
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News briefs
Fischer expects its sales to increase to €180 million in the...
Fischer expects its sales to increase to €180 million in the 2013-14 business year, ending on Feb. 28, from €173 million in the previous financial year. Sales in Germany, which account for 9 percent of total sales, were stable in 2013-14, due to an increasing amount of pre-orders and almost no ...
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Short stops
Recon Instuments, the company behind the first consumer heads-up displays...
Recon Instuments, the company behind the first consumer heads-up displays for sports, announced full Facebook social media integration with Snow2, allowing skiers to share performance statistics in real time while on the slopes
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News briefs
Bauer Performance Sports' revenues for the second quarter ended last...
Bauer Performance Sports' revenues for the second quarter ended last Nov. 30 grew by 7 percent to $117.1 million, with a 9 percent increase in local currencies. Sales of ice hockey equipment were up by 0.8 percent on a comparable basis. In contrast, sales of apparel grew by 59.6 percent ...
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News briefs
In a preliminary statement, Go Sport reports a 5 percent...
In a preliminary statement, Go Sport reports a 5 percent decline in total revenues for 2013, down to €641.9 million. They fell by 4.6 percent on a comparable store basis across the French-based retail group, with a drop of 7.2 percent for the generalist Go Sport banner in France and ...
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News briefs
Despite unseasonably warm temperatures and a lack of snow in...
Despite unseasonably warm temperatures and a lack of snow in Norway's most populous regions, sales of alpine skis, cross-country skis and related accessories jumped sharply in the last quarter of 2013. According to statistics compiled by Sportsbransjen, the Norwegian sporting goods industry association, 15 percent more skis, ski poles and ...
