Consumer insights from the sporting goods industry – Page 55
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News briefs
In 2012, bicycle sales in Europe dropped around 6.5 percent...
In 2012, bicycle sales in Europe dropped around 6.5 percent compared with 2011 to 18.6 million units, but bicycle sales outnumbered car sales in volume in nearly all European countries, Bike Europe noted in a recent report. Even the Germans, for instance, surprisingly bought 3,083,000 cars, but 3,970,000 bicycles. Demand ...
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The store network of Intersport Russia underwent significant restructuring in...
The store network of Intersport Russia underwent significant restructuring in the nine-month period ended last Sept. 30, says Kesko. Sales and profitability remained at a good level for Intersport Finland and Budget Sport, with Intersport's revenues rising by 8.1 percent to €50 million in the quarter, but sales at Intersport ...
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Life Fitness and other components of Brunswick Corp.'s fitness division...
Life Fitness and other components of Brunswick Corp.'s fitness division raised their sales by 9 percent to $165.9 million in the third quarter ended Sept. 30. They were driven by international sales, which grew by 15 percent to 51 percent of the turnover, with particular strength in Europe where they ...
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The market for sports bicycles in China is estimated to have...
The market for sports bicycles in China is estimated to have risen by 30-35 percent in 2012 to reach a level of between 6.9 and 7.2 billion yuan renmimbi (€821-857m - $1,133-1,183m). Similar growth occurred in the first six months of this year, according to leading brands and bike dealers polled ...
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The National Basketball Association (NBA) and Warner Bros. Consumer Products...
The National Basketball Association (NBA) and Warner Bros. Consumer Products have signed a multi-year agreement to launch a range of products, events and promotional campaigns across Europe, the Middle East and Africa (EMEA). The deal will use the Jr. NBA/Jr. WNBA and Looney Tunes Active brands to boost participation in ...
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News briefs
Sales of bicycles are going up in Sweden. According to...
Sales of bicycles are going up in Sweden. According to the Swedish Bicycle Manufacturers and Wholesalers Association (FOG), 555,000 bicycles were sold in Sweden during the 2012/2013 season, representing 3 percent growth from 540,000 bicycles in the 2011/12 season. FOG has also reported that more expensive bikes are being bought, ...
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Uvex grew by 4 percent to €343 million for the...
Uvex grew by 4 percent to €343 million for the financial year ended last July, indicating that one of the factors for this performance was the flexible response to market demands that it can provide thanks to its manufacturing operations in Germany. The company's sports unit, which includes the Alpina ...
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News briefs
Deckers Outdoor Corp. posted a sales increase of 2.7 percent...
Deckers Outdoor Corp. posted a sales increase of 2.7 percent to $386.7 million for the third quarter. While U.S. sales were off by 1.4 percent, sales grew by 10.3 percent in the rest of the world, reaching $147.9 million. Teva went up by 0.6 percent, Sanuk by 0.5 percent and ...
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News briefs
Skechers reported a 144 percent jump in net income for...
Skechers reported a 144 percent jump in net income for the third quarter to $28.8 million as revenues increased by 20 percent to $515.7 million and gross margins improved by 0.9 percentage points to 44.6 percent. Strong demand was registered for the company's children's shoes and its Skechers Go and ...
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News briefs
Sales grew by 3.8 percent to $154.0 million for Bauer...
Sales grew by 3.8 percent to $154.0 million for Bauer Performance Sports during the first quarter of its financial year, ended Aug. 31, with growth of 4.1 percent in constant currencies and increases of 2.6 percent in North America and 6.9 percent in the rest of the world. Ice hockey ...
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News briefs
Sales of bicycles declined by 4 percent in France during...
Sales of bicycles declined by 4 percent in France during the first half of 2013, due to the weak economy and to bad weather. However, sales of electric and folding bicycles grew by 17 percent and 25 percent in terms of value. In contrast, mountain bikes were down by 3 ...
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News briefs
Like in Italy in 2011, consumers bought more bicycles than...
Like in Italy in 2011, consumers bought more bicycles than cars in Spain in 2012 for the first time since statistics on bike sales started to be tracked. A total of 780,000 bikes and around 700,000 cars were sold in Spain last year. While bike sales rose by 4 percent ...
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News briefs
Sales of sports clothing fell by 1.1 percent in France...
Sales of sports clothing fell by 1.1 percent in France to €3.1 billion during the 12 months ended last June 30, according to NPD Group, with a particularly strong drop of 4.2 percent in the second quarter of 2013. Specialty sporting goods retailers saw their sales of these products decline ...
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News briefs
Retail sales of sporting goods in Sweden took a sharp...
Retail sales of sporting goods in Sweden took a sharp turn for the worse in June. According to Sweden's HUI Research, after year-on-year increases in both April and May, sales declined by 2.1 percent in June. This means that the cumulative turnover for the first six months of 2013 are ...
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News briefs
The Mainland Middle-Class Consumer Survey published by the Hong Kong...
The Mainland Middle-Class Consumer Survey published by the Hong Kong Trade Development Council confirms that China's emerging middle-class consumers increasingly long for international brands, even when they are aware that the products are made in China. The survey was conducted from December 2012 to January 2013 among 1,600 respondents in ...
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News briefs
Bain & Company predicts that China will become the global...
Bain & Company predicts that China will become the global leader in terms of online spending this year, ahead of the United States. The consultancy estimates that online sales soared by 71 percent per year on average between 2009 and 2012, compared with 13 percent in the U.S. market. This ...
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The Björn Borg group has reported an 8.7 percent decline...
The Björn Borg group has reported an 8.7 percent decline in net profit for the first half to SEK9.4 million (€1.1m-$1.4m). The Swedish company's sales decreased by 3 percent to SEK239.2 million (€27.5m-$36.8m), but were unchanged on a currency-neutral basis. The gross profit margin dropped slightly to 49.7 percent, as compared ...
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News briefs
The German bike industry registered a 7 percent decline in...
The German bike industry registered a 7 percent decline in domestic deliveries of new bicycles and e-bikes in the first half of 2013, mostly due to the poor spring weather, but with the good summer weather the drop is expected to be compensated for in the second half of the ...
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News briefs
An income tax benefit of $34.3 million allowed Nautilus to...
An income tax benefit of $34.3 million allowed Nautilus to report net earnings of $32.9 million for the second quarter. Excluding the extraordinary gain, the fitness company had a loss of $1.6 million for the period, compared with $700,000 in the year-ago period. The gross margin improved by 4.4 percentage ...
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News briefs
Yonex raised its sales by 9.7 percent to 10.4 billion...
Yonex raised its sales by 9.7 percent to 10.4 billion Japanese yen (€79.2m-$104.5m) in its first fiscal quarter, ended June 30. The gross margin was down by 2.4 percentage points to ¥39.1 million (€0.30m-$0.39m), as compared to a year ago, but the company posted net income of ¥176 million (€1.3m-$1.8m) ...
