Consumer insights from the sporting goods industry – Page 56
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News briefs
Alpen, which remains the largest sporting goods retailer in Japan,...
Alpen, which remains the largest sporting goods retailer in Japan, reported an annual net profit of ¥6.63 billion yen (€51.7m-$68.9m) for the 12 months ended last June 30, up from ¥5.26 billion in the previous fiscal year. Sales increased by 4 percent to ¥203.7 billion (€1,587.4m-$2,117.8m), and they generate 5 percent ...
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News briefs
Life Fitness lifted its operating earnings by 4.5 percent to...
Life Fitness lifted its operating earnings by 4.5 percent to $20.8 million in the second quarter as its revenues grew by 5 percent to $150.8 million, with a 10 percent increase in the international market, which accounted for 51 percent of the total. Its parent company, Brunswick Corp., reported a ...
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News briefs
Metro Group suffered a 2.3 percent sales decline to €30.8...
Metro Group suffered a 2.3 percent sales decline to €30.8 billion in the first half of this year, including a 3.6 percent drop in the second quarter. Excluding divested operations, sales declined by 0.1 percent in the six months, with a 2.1 percent drop for its cash & carry operations ...
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News briefs
Dorel Industries' total revenues were off by 5.2 percent to...
Dorel Industries' total revenues were off by 5.2 percent to US$600.5 million for the quarter, and its net profit plunged by 56.4 percent, down to $13.2 million. In particular, the Canadian company's recreational & leisure segment suffered a drop in operating profit of 83.0 percent to $3,681,000 during the period ...
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News briefs
Skullcandy booked a net loss of $635,000 for the second...
Skullcandy booked a net loss of $635,000 for the second quarter ended June 30, compared with a net profit of $6.8 million in the period a year ago, as its sales fell by 29.9 percent to $50.8 million. Excluding the effect of a change in accounting for foreign clients, sales ...
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News briefs
Descente reported a net loss of ¥22 million yen (€0.17m-$0.23m) for...
Descente reported a net loss of ¥22 million yen (€0.17m-$0.23m) for the first quarter ended June 30, down from ¥95 million in the same period a year ago. Operating losses for the period declined by 7 percent to ¥258 million (€2.0m-$2.7m) as the Japanese company's revenues went up by 17 percent to ...
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News briefs
Peak Sport Products, the Chinese sports brand, warned that its...
Peak Sport Products, the Chinese sports brand, warned that its profit for the first half of the year should “decrease considerably” compared with the same period last year, amid sluggish demand and the continuing inventory cleanup in the Chinese sports market. Peak Sport was one of the Chinese sports companies ...
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News briefs
The global athletic shoe market is expected to rise at...
The global athletic shoe market is expected to rise at a compound annual average growth rate of 1.8 percent between 2011 and 2018, according to Transparency Market Research, reaching a level of $84.4 billion at retail at the end of the period. That is roughly twice the size of the ...
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Short stops
The British Halfords chain of bicycle stores, which also sell...
The British Halfords chain of bicycle stores, which also sell car parts, has reported a 7.5 percent increase on a same-store basis for its first quarter
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News briefs
American Golf saw a surge in its sales on the...
American Golf saw a surge in its sales on the back of Justin Rose's triumph in the U.S. Open on June 16, the first by any Englishman in the tournament for more than 40 years. In the week following the event, the U.K.-based golf retailer registered a 16.4 percent increase ...
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News briefs
A total of 5.9 million customers shopped last year for...
A total of 5.9 million customers shopped last year for sporting goods online in Germany, according to Disq, a German service quality institute that ranked the ten major online sports shops in the country. SportScheck.com came out as the best one on its list, followed by Globetrotter.de. Sport-Thieme.de and the ...
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News briefs
A Norwegian voluntary group of sporting goods stores, Stadion, has...
A Norwegian voluntary group of sporting goods stores, Stadion, has reported revenues of 97.312 million Norwegian kroner (€12.7m-$16.8m) for 2012, a slight increase from 2011, and operating profit of NOK 3,644,528 (€0.47m-$0.63m) against NOK 4,447,624 in 2011. Currently, the Stadion chain has 73 affiliated retailers, which is slightly less than ...
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News briefs
Dorel Industries has warned investors that earnings will be weaker...
Dorel Industries has warned investors that earnings will be weaker than expected for its recreational leisure segment for the second quarter due to bad weather across the U.S., Canada and Europe, which led to lower than anticipated sales volumes, particularly in the specialized bike dealer channel. The segment comprises the ...
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Short stops
Icebreaker has hired Cathy Quain, formerly in charge of direct-to-consumer...
Icebreaker has hired Cathy Quain, formerly in charge of direct-to-consumer sales at Burton Snowboards, as global vice president of retail
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News briefs
Intersport España reports a decline of 11.7 percent in its...
Intersport España reports a decline of 11.7 percent in its 2012 revenues to €83 million, but the company continued to make a profit as in the previous ten years with a pretax result of €407,000. Retail sales fell by 5 percent to €220 million before VAT.
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News briefs
Spy Optic continued to improve its results in the first...
Spy Optic continued to improve its results in the first quarter ended last March 31. Its net losses were reduced to $721,000 in the period from $2,608,000 in the same quarter a year ago, while sales increased by 10.6 percent to $9,008,000. They now consist almost exclusively of Spy branded ...
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News briefs
Bluesign Technologies has revised the consumer safety limits on its...
Bluesign Technologies has revised the consumer safety limits on its list of restricted substances. The 2013 revision takes into consideration new scientific knowledge of the toxicological profile of the substances, revised risk assessments, new analytical standards and other elements.
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News briefs
Zumiez, the American action sports retail chain that took over...
Zumiez, the American action sports retail chain that took over Blue Tomato last year, posted net income of $2.5 million in its fiscal first quarter ended last May 4, down by 44.4 percent from a year earlier, due especially to charges of $1.7 million associated with the acquisition of the ...
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News briefs
Goldwin's sales increased by 8 percent to 52,510 million yen...
Goldwin's sales increased by 8 percent to 52,510 million yen (€398.5m-$517.3m) in the financial year ended last March 31, but the company's net income dropped by 5 percent to ¥3,168 million (€24.0m-$31.2m). Goldwin is projecting small increases in sales and profits for the current financial year to ¥53 billion (€402.2m-$522.1m) and ...
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News briefs
Sequential Brands recorded a loss of $21.5 million for the...
Sequential Brands recorded a loss of $21.5 million for the first quarter ended March 31, largely due to one-off charges related to its acquisitions of Heelys, Ellen Tracy and Caribbean Joe, which compares to a $400,000 loss in the same period last year. Excluding costs related to the acquisitions and ...
