Consumer insights from the sporting goods industry – Page 63
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News briefs
Collective Brands, which owns Saucony and a mix of other wholesale...
Collective Brands, which owns Saucony and a mix of other wholesale and retail operations related to footwear, reports much improved income on nearly flat sales for the second quarter of its fiscal year, ended July 28. Its net profit reached $11.5 million, compared with a loss of $33.3 million in the same period last ...
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Lacoste accelerated its growth in the first half of this...
Lacoste accelerated its growth in the first half of this year, rising by 25 percent, according to a report from the New York Fashion Week, thanks in particular to progress in Asia, South America and Russia, where the middle class is growing. In 2011, the French brand recorded a sales ...
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The world's largest shoe manufacturer reported revenues up 7.3 percent...
The world's largest shoe manufacturer reported revenues up 7.3 percent to $5.56 billion for the nine months ended June 30. Yue Yuen's shoe manufacturing turnover grew by 5.7 percent to $3,892.8 million, driven by sales increases for athletic shoes and casual/outdoor shoes of 5.7 percent and 5.0 percent, respectively. Sales ...
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Yonex reported a slight 1.4 percent sales increase for the...
Yonex reported a slight 1.4 percent sales increase for the first quarter ended June 30 to 9.5 billion yen (€92.3m-$121.1m). The gross margin fell by 0.5 percentage points to 41.5 percent. The net loss for the quarter rose to ¥55 million (€534,230-$700,860) from ¥39 million in the corresponding period a ...
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Descente posted a loss of 95 million yen (€922,760-$1.2m) for...
Descente posted a loss of 95 million yen (€922,760-$1.2m) for the first quarter ended June 30, compared with a net profit of ¥14 million in the year-ago period, when it benefited from tax adjustments. Sales grew by 4.4 percent to ¥17.2 billion (€167.1m-$219.2m) in the quarter, and the gross margin ...
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News briefs
Net profit increased by 13 percent at Globeride to ¥1,068...
Net profit increased by 13 percent at Globeride to ¥1,068 million (€10.4m-$13.6m) for the first quarter ended June 30 on 9 percent higher sales of ¥15.9 billion (€154.4m-$202.6m). Profits are expected to be down by 52 percent for the full year as sales growth should soften to 3.0 percent.
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News briefs
France's sporting goods market has resisted the general economic slowdown...
France's sporting goods market has resisted the general economic slowdown better than other consumer goods sectors. According to the latest data by NPD Group, sales of sports shoes and sports-inspired footwear grew by 1 percent in value year-on-year in the first six months of this year, while those of active ...
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News briefs
The European branch of Brooks Sports reached sales of some...
The European branch of Brooks Sports reached sales of some €27 million in the first six months of the current year, which corresponds to an increase of 33 percent. The Münster-based subsidiary covers 23 countries in the EMEA region (Europe, Middle East, Africa). For the entire year, the EMEA operations ...
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The Sports & Leisure unit of the New Wave Group,...
The Sports & Leisure unit of the New Wave Group, including the Craft and Cutter & Buck brands along with licenses for Speedo and Umbro, lifted its sales by just 3 percent excluding acquisitions in the second quarter of this year. The unit still ended the quarter with sales of ...
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According to the HUI research institute, retail sales of sporting...
According to the HUI research institute, retail sales of sporting goods in Sweden during the month of April were off by 5.5 percent when compared with the same period last year. In May, sales increased by 2.5 percent, and in June, they rose by 11 percent. Thus, for the ...
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El Corte Inglés reported a 3.9 percent drop in its...
El Corte Inglés reported a 3.9 percent drop in its total revenues to €15.77 billion for the financial year ended last Feb. 28. Operating earnings before amortization fell by 18.8 percent to €826 million, and net earnings declined by 34 percent to €210 million. Department store sales fell by 4.2 ...
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Volcom's sales totaled €54.0 million and were up by 12.6...
Volcom's sales totaled €54.0 million and were up by 12.6 percent on a comparable basis, according to its parent company, PPR Group. The brand also enjoyed a sharp improvement in operating profits during the quarter.
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Skechers said it is growing through its own retail stores...
Skechers said it is growing through its own retail stores and in its new performance division. However, its total revenues went down to $384.0 million the second quarter from $434.0 million in the year-ago period. As the cleanup of its inventories of toning shoes is now substantially completed, the net ...
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The community of Navarre, in northern Spain, has released the...
The community of Navarre, in northern Spain, has released the findings of its campaign “Juega, come y diviértete on Tranqui” (Play, eat and have fun with Tranqui), devoted to fighting childhood obesity. Data show that the number of overweight children in the territory has gone down by 17 percent since ...
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The fitness segment of Brunswick Corp., consisting essentially of Life...
The fitness segment of Brunswick Corp., consisting essentially of Life Fitness and Hammer Strength, grew by only 1 percent in the second quarter to $143.3 million. Sales outside the U.S. represented 48 percent of this amount and declined by 7 percent. Strong U.S. sales were partially offset by a decline ...
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The two major British sporting goods retailers are likely to...
The two major British sporting goods retailers are likely to get a little boost from the Olympics in London, according to Verdict Research. Sports Direct's share of the total U.K. clothing market is predicted to increase by 0.2 percentage points to 1.8 percent, and its share of the footwear market ...
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Cybex International's net sales were down to $30.8 million in...
Cybex International's net sales were down to $30.8 million in the second quarter from $32.6 for the corresponding period in 2011, and its gross margin slid by 4.4 percentage points to 29.4 percent. The U.S. fitness equipment company reported a net loss of $1.2 million, a worsening from a net ...
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News briefs
Runners Point's sales surged by 20.9 percent in the first...
Runners Point's sales surged by 20.9 percent in the first six months of this year, with a 14.4 percent increase on a same-store basis. E-commerce was a major driver, up by 87.2 percent to €11.6 million for the period. Sidestep, the German sporting goods retailer's sports lifestyle chain, booked increases ...
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News briefs
Peak Sport Products issued a profit warning, saying that it...
Peak Sport Products issued a profit warning, saying that it expects full-year net profit to drop considerably against the previous year. The Chinese sportswear firm attributed the decline to the challenging economic conditions in its domestic market and an industry-wide inventory correction. The company added that it is still in ...
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News briefs
The sell-in figures for the outdoor trade in Europe were...
The sell-in figures for the outdoor trade in Europe were still quite positive in 2011, according to the first indications from the European Outdoor Group's research panel, with interesting differences from one country to the other. However, according to the NPD's consumer panel, the European outdoor market fell by 1 ...
