Consumer insights from the sporting goods industry – Page 61
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News briefs
The share of skiers who wore helmets in Switzerland during...
The share of skiers who wore helmets in Switzerland during the winter 2011/12 winter season increased to 84 percent, up from 81 percent in the previous season. It reached the same ratio already achieved among snowboarders. The ratio went up to 94 percent among children, but it also grew among ...
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News briefs
Rip Curl reports a slightly improved operating profit on a...
Rip Curl reports a slightly improved operating profit on a 15 percent increase in its global sales to more than 400 million Australian dollars (€320m-US$258m) for the financial year ended last June 30. A big drop in Europe was compensated by sales growth in other parts of the world. Notably, double-digit ...
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News briefs
After five months of excellent growth in the Swedish sporting...
After five months of excellent growth in the Swedish sporting goods industry, sales slowed somewhat in October. Though positive, sales growth was only 2.1 percent in October when compared with the same month last year, according to Sweden's HUI Research. The accumulated sales growth for 2012 through October was 7.5 ...
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News briefs
The New Wave Group's sports and leisure unit saw its...
The New Wave Group's sports and leisure unit saw its sales decline by 13 percent, excluding acquisitions, during the third quarter ended Sept. 30, but the group's management indicated that it is “developing well” in spite of the poor economic climate. The unit comprises Craft and Cutter&Buck, along with smaller ...
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News briefs
The proportion of French people practicing at least one physical...
The proportion of French people practicing at least one physical or sports activities has risen to 87 percent of the total population from 84 percent ten years ago, according to a major survey conducted by the French sporting goods retailers' federation, FPS, through Ipsos. Among the various sports activities, running, ...
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News briefs
Descente reported that sales for the fiscal second quarter ended...
Descente reported that sales for the fiscal second quarter ended Sept. 30 were up by 11.3 percent to 26.1 billion yen (€245.2m-$317.3m), compared with the year-ago period. The gross margin achieved by the Japanese apparel company improved by 0.6 percentage points to 51.0 percent of sales for the quarter, against ...
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News briefs
Sonae Group, the Portuguese retail conglomerate over the Sport Zone...
Sonae Group, the Portuguese retail conglomerate over the Sport Zone chain, reported an improved adjusted Ebitda margin of 11.1 percent for the first nine months of this year, but the net profit attributable to shareholders declined by 24 percent to €64 million. Operating results improved in the third quarter thanks ...
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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 Welt am Sonntag that the company would surpass sales of €1 billion in Russia and the former CIS countries this year. This means that the group is one year ahead of targets that called for this level ...
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News briefs
Accell Group, the Dutch company that owns a dollop of...
Accell Group, the Dutch company that owns a dollop of bicycle and fitness brands, said that the pleasant weather this summer enabled it to increase its turnover in the third quarter. The rise was also aided by the acquisition of the Raleigh Cycle Group and its Diamondback brand in April, ...
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News briefs
Sales of sporting goods in Switzerland declined by 3 percent...
Sales of sporting goods in Switzerland declined by 3 percent in the third quarter, and Swiss retailers are predicting an overall sales decline of 2 percent for the full year, according to a survey conducted by Schweizer Sport & Mode. The results remain extremely diversified, with some stores performing satisfactorily ...
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News briefs
Net income fell by 30 percent at Yonex to 220...
Net income fell by 30 percent at Yonex to 220 million yen (€2.1m-$2.7m) in the second quarter ended Sept. 30. Operating income was down by 48 percent to ¥434 million (€4.1m-$5.3m) on 2 percent lower revenues of ¥19.6 billion (€184.2m-$238.3m). The Japanese badminton specialist is forecasting revenues of ¥38.3 billion ...
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News briefs
Skullcandy has lowered its projections for the current financial year...
Skullcandy has lowered its projections for the current financial year due to uncertainty in Europe and increasing promotional activity leading into the holiday season. Nevertheless, the company's sales went up by 17.1 percent to $71.0 million in the third quarter ended Sept. 30. The gross margin improved to 48.0 percent ...
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News briefs
In terms of purchasing power, China's GDP is projected to...
In terms of purchasing power, China's GDP is projected to surpass that of the Eurozone in a year or so, according to a new report by the Organisation for Economic Co-operation and Development (OECD). It should become the world's largest economic power by 2016, overtaking the U.S. Even more strikingly, ...
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News briefs
Dorel Industries, the company that owns bike brands such as...
Dorel Industries, the company that owns bike brands such as Cannondale, GT, Mongoose and Schwinn, reports a 9.1 percent sales increase to $229.0 million for its recreational & leisure segment, thanks in part to the timing of shipments to the mass market. On an organic and currency-neutral basis, the segment's ...
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News briefs
Intersport Finland booked an increase in revenues of 8.9 percent...
Intersport Finland booked an increase in revenues of 8.9 percent to €46 million for the third quarter ended Sept. 30. Its parent company, Kesko, said that its newly acquired Intersport Russia operation had a poor level of profitability on revenues of €6 million during the same period. While Finnish Intersport ...
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News briefs
Under Armour raised its total revenues by 23.6 percent to...
Under Armour raised its total revenues by 23.6 percent to $575.2 million in the third quarter. Its revenues outside the U.S. declined by 2.3 percent and remained relatively marginal at $32.1 million, but they grew by 18 percent including the sale of shoes to the company's Japanese licensee, Dome. Licensing ...
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News briefs
K-Swiss reported a big 16 percent drop in revenues to...
K-Swiss reported a big 16 percent drop in revenues to $67.7 million for the third quarter, as compared to one year ago, as a 4 percent increase in the lifestyle segment was offset by a 47 percent drop in the performance sector. However, forward orders were down by only 8.6 ...
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News briefs
Galeria Kaufhof reported sales of €2.1 billion for the first...
Galeria Kaufhof reported sales of €2.1 billion for the first nine months ended Sept 30, up slightly by 0.1 percent from the year-earlier period. In the third quarter alone, the revenues of the German department store chain, which also runs 13 Sportarena stores and a fistful of specialty outdoor shops, ...
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News briefs
Nautilus reported sales of $38.1 million in the third quarter,...
Nautilus reported sales of $38.1 million in the third quarter, an increase of 1.7 percent from the same quarter in 2011. The gross margin improved by 6.5 percentage points to 48.7 percent, primarily due to higher direct sales of high-margin products. Net income improved to $1.0 million, including a loss ...
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News briefs
Skechers USA has reported net sales for the third quarter...
Skechers USA has reported net sales for the third quarter of $429.4 million, up by 4.2 percent from the year-ago period, driven by strength in its domestic wholesale division, company-owned retail stores and international distributors. The international subsidiaries division was the only channel which did not increase during the quarter, ...
