Consumer insights from the sporting goods industry – Page 60
-
News briefs
Life Fitness, a division of Brunswick Corporation, delivered annual operating...
Life Fitness, a division of Brunswick Corporation, delivered annual operating earnings up by 10 percent to $103.1 million for the period ended Dec. 31. The operating margin rose by 1.5 percentage points to 16.2 percent. Divisional operating earnings in the fourth quarter increased by 29 percent to $36.4 million driven ...
-
News briefs
Icon Health & Fitness pointed to several key factors leading...
Icon Health & Fitness pointed to several key factors leading to lower sales in 2012, from record-setting heat in the first quarter and the two final months of the year to the widespread decline in consumer confidence. Looking ahead, however, the U.S. manufacturer of exercise equipment, based in Logan, Utah, ...
-
News briefs
All the divisions of the Lafuma Group registered sales decreases in...
All the divisions of the Lafuma Group registered sales decreases in the first quarter ended last Dec. 31 against the first quarter of the previous financial year due to a sluggish market in Europe and an Asian market that turned out to be less dynamic than in the previous seasons. Sales in the Surf division, ...
-
News briefs
Callaway Golf registered net sales of $118 million for the...
Callaway Golf registered net sales of $118 million for the fourth quarter, consistent with the company's latest guidance, against $154 million in the same period of 2011. Net sales for the full financial year were $832 million, down from $887 million. The net loss for 2012 was of $124 million, ...
-
News briefs
India's cotton industry will see a drop in exports in...
India's cotton industry will see a drop in exports in the current year, according to figures from the U.S. Department of Agriculture as well as the Cotton Association of India. The U.S. agency foresees a 60 percent decline to 5.7 million bales of cotton. While a drop, that is still ...
-
News briefs
Yue Yuen Industrial reports that its consolidated sales crept up...
Yue Yuen Industrial reports that its consolidated sales crept up by just 0.3 percent to $7,282.5 million for the full year 2012. The leading footwear manufacturer, owned by Pou Chen in Taiwan, ended the year with a turnover of $664.1 million for December, up by 0.9 percent compared with the ...
-
News briefs
The latest trade statistics from China indicate a reversal in...
The latest trade statistics from China indicate a reversal in the shrinkage of the country's trade surplus. After three years of decline, the surplus apparently went up by more than 50 percent to the equivalent of $231 billion in 2012, thanks in particular to a strong rebound of the export flow ...
-
News briefs
Runners Point, the German sporting goods retail chain, increased its...
Runners Point, the German sporting goods retail chain, increased its total sales by 18 percent to about €197 million in 2012 compared with the previous year. This figure includes the Runners Point and Sidestep banners as well as the online business, operated by the Tredex company, and the franchised stores ...
-
News briefs
Belle International, the leading Chinese sports and footwear retailer, said...
Belle International, the leading Chinese sports and footwear retailer, said that comparable sales in its sportswear stores jumped by 10 percent for the fourth quarter of last year, while the comparable sales of its footwear stores increased by 3 percent. The company had 17,564 directly managed stores around mainland China ...
-
News briefs
Mike Ashley and Stephen Rubin are the only two Europeans...
Mike Ashley and Stephen Rubin are the only two Europeans on SGI's global list of the top 10 tycoons in sporting goods. The majority shareholder of Sports Direct International ranks fifth, with an estimated worth of $2.5 billion. Two slots further down is Rubin of the Pentland Group, with $1.6 ...
-
News briefs
Nautilus, the American fitness equipment company, said that its sales...
Nautilus, the American fitness equipment company, said that its sales should have reached about $65.0 million for the quarter until the end of December last year, based on preliminary results. This amounts to an increase of about 8 percent from the same quarter in 2011, driven by the company's own ...
-
News briefs
Columbia Sportswear blamed the mild winter in North America, wariness...
Columbia Sportswear blamed the mild winter in North America, wariness among consumers and abundant discounts for weaker-than-expected sales and earnings in the fourth quarter of last year. The company predicted in October that its quarterly sales could increase by up to 1.5 percent, but it now expects that they will ...
-
News briefs
Galeria Kaufhof, the German department store chain that also operates...
Galeria Kaufhof, the German department store chain that also operates stores in Belgium and the Sportarena specialty chain, saw its total sales dip slightly by 0.9 percent to €3.1 billion in 2012. This compares with a decline of 4.4 percent in the previous year. In 2012, Kaufhof opened one store ...
-
News briefs
Aggressive marketing has enabled Direct Golf UK to buck the...
Aggressive marketing has enabled Direct Golf UK to buck the sluggish trend in British retailing over the festive season, with record sales for the quarter until the end of December. Direct Golf UK reached particularly impressive sales with its online store in the quarter, which is the start of its ...
-
News briefs
The NPD Group reports that online sales accounted for about...
The NPD Group reports that online sales accounted for about one-third of the growth of the French sports footwear and apparel market in value for the 12 months until the end of September 2012. Online sales expanded by 9 percent for the period, while sales in stores inched up by ...
-
News briefs
Bauer Performance Sports lifted its sales by 9 percent to...
Bauer Performance Sports lifted its sales by 9 percent to $109.6 million for the three months until the end of November, which was a rise of 10 percent in constant currencies. It was aided by the acquisitions of Cascade Helmets, a maker of lacrosse helmets bought in June; and Inaria ...
-
News briefs
Li & Fung has announced that for 2012, its core...
Li & Fung has announced that for 2012, its core operating profit will probably be down by about 40 percent from 2011 because of restructuring costs and other provisions related to LF USA's operations. The other segments of the company have met expectations. Li & Fung, which manages global supply ...
-
News briefs
ANWR Group, the parent company of Sport 2000 Germany and...
ANWR Group, the parent company of Sport 2000 Germany and several buying groups in shoe retailing, reached sales of €7.6 billion in 2012, which was about the same as the previous year, but the group expects that its turnover will increase this year. Some €5.2 billion came from financial services ...
-
News briefs
Head boasts that its U.S. racquet sports business, Head Racquet...
Head boasts that its U.S. racquet sports business, Head Racquet Sports USA, achieved its best-ever results last year. The company said that the Head and Penn brands both managed double-digit sales hikes, even though they already had a strong share in the U.S. market at the start of 2012. Head ...
-
News briefs
Herbert Hainer, chief executive of the Adidas Group, said in...
Herbert Hainer, chief executive of the Adidas Group, said in an interview with Süddeutsche Zeitung in the last week of 2012 that the company would reach sales of more than €14.5 billion for the year. This would represent an increase of more than 9 percent compared with 2011. The company ...
