Consumer insights from the sporting goods industry – Page 67
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News briefs
Fenix Outdoor had a total turnover of 1,531.9 million Swedish...
Fenix Outdoor had a total turnover of 1,531.9 million Swedish kronor (€173.8m-$229.4m) in 2011, a 15 percent increase from 2010, with acquisitions accounting for SEK 136 million (€15.4m-$20.4m). The Swedish company owns a number of high profile Scandinavian brands such as Fjällräven, Tierra, Primus, Hanwag and Brunton, as well as ...
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Jean-Claude Bel, the chief executive of the European Fishing Tackle...
Jean-Claude Bel, the chief executive of the European Fishing Tackle Trade Association, says that the angling industry in Europe hasn't been hurt too badly by the tough economic climate of recent years. He singled out a strong industry in France, where the EFTTA will hold its annual trade show, EFTTEX, ...
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News briefs
Austria remains the biggest market for skis in Europe, with...
Austria remains the biggest market for skis in Europe, with a share of 28 percent, followed by France and Germany (both with a share of 22 percent), and by Italy and Switzerland (both with a share of 14 percent). Austria is also the country with the largest consumption of ski ...
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News briefs
Skullcandy, the American maker of headphones for the action sports...
Skullcandy, the American maker of headphones for the action sports and outdoor markets, reports a sales increase of 29.0 percent to $83.4 million for the fourth quarter. While domestic sales rose by 27.0 percent to $59.1 million, international sales grew by only 18.8 percent to $15.3 million, despite the takeover ...
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News briefs
Garmin reported sales increases of 24 percent in the fitness...
Garmin reported sales increases of 24 percent in the fitness segment to $298 million and of 14 percent in the outdoor segment to $363 million for its financial year ended last Dec. 31. The turnover in fitness would have been higher without the delayed shipment of the Forerunner 910XT system ...
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News briefs
Jack Wolfskin reports a significant 22.5 percent increase in turnover...
Jack Wolfskin reports a significant 22.5 percent increase in turnover to €355 million for the past financial year, with positive trends in all product categories and sale channels. In particular, footwear sales went up by 35 percent. Growth was similarly high in Europe, outside the domestic German market. Sales in ...
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News briefs
A 14 percent sales increase in the fourth quarter helped...
A 14 percent sales increase in the fourth quarter helped Crocs to break the magic $1 billion threshold for its annual turnover in 2011. Total revenues jumped by 27 percent for the year to $1,000,903. Net income almost doubled, reaching a level of $112.8 million against $67.7 million the year ...
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News briefs
Turkish textile exporters have set up a target to produce...
Turkish textile exporters have set up a target to produce $60 billion worth of apparel in 2023. That compares with the 2011 figure of $16.5 billion, an 11 percent increase over 2010. More than 1.5 million new jobs would be created in the textile sector in the next 13 years ...
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News briefs
Skechers is still reeling from a dizzying drop in sales...
Skechers is still reeling from a dizzying drop in sales of its toning footwear, which led to a 37.7 percent decline in its turnover for the last quarter, down to $283.2 million. It ended the quarter with a loss of $57.7 million, compared with a profit of $3.2 million for ...
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News briefs
Jarden Corporation indicated that its orders of winter sports equipment...
Jarden Corporation indicated that its orders of winter sports equipment could drop by 5 to 10 percent due to the unfavorable weather conditions in the current winter season, which implies a reduction of about $30 million to $50 million in sales. The American company, which owns K2 and Völkl in ...
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News briefs
Globeride, the Japanese fishing tackle specialist previously called Daiwa Seiko,...
Globeride, the Japanese fishing tackle specialist previously called Daiwa Seiko, is raising its outlook for the financial year ending March 31. Prospects for the year's revenues have improved by 2 percentage points to 56.50 billion yen (€499m-$737m). At ¥1.2 billion (€10.6m-$15.7m), net income should come out 36 percent better than ...
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Björn Borg says it is gearing up to set foot...
Björn Borg says it is gearing up to set foot in China this year as it reports a 10 percent increase in net profit to 100.2 million Swedish kronor (€11.4m-$14.5m) for 2011 on flat sales of SEK 536.5 million (€61.1m-$80.2m). The apparel company, named after the famous Swedish tennis player, ...
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News briefs
Schweizer & Sport und Mode's quarterly survey of Swiss sporting...
Schweizer & Sport und Mode's quarterly survey of Swiss sporting goods retailers indicates that their sales fell by between 10 and 12 percent in 2011, with footwear suffering the lowest damage. The main reasons were unseasonable weather patterns, a weak economy and the strong value of the Swiss franc. In ...
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News briefs
Intersport Russia generated revenues of €7 million in the short...
Intersport Russia generated revenues of €7 million in the short period from August to December that it was under the control of Kesko late last year, but there was an operating loss of €6 million, partly attributable to launching costs. By Dec. 31, 36 stores had been transferred to Kesko's ...
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News briefs
Mizuno raised its turnover by about 5 percent for the...
Mizuno raised its turnover by about 5 percent for the three months until the end of December to ¥36,837 million (€ 358.6 m-$469.5m), and the multi-sports Japanese company reduced its net loss for the third quarter of its financial year to ¥102 million (€1m-$1.3m) – roughly halving the loss incurred ...
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News briefs
Net income jumped by 75.5 percent to 872 million yen...
Net income jumped by 75.5 percent to 872 million yen (€8.5m-$11.1m) for Descente in its third fiscal quarter, ended Dec. 31. Revenues increased by 8.7 percent to ¥20.7 billion (€201.0m-$263.9m) for the period. Gross margins slipped by 0.8 percentage points to 45.0 percent, but the operating profit increased by 51.0 ...
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News briefs
Jarden Corporation says its results for the fourth quarter of...
Jarden Corporation says its results for the fourth quarter of 2011 should show a big increase in net income to $205-210 million from $46.7 million in the same period a year earlier, with total revenues up by between 2 and 3 percent to a range of $1,725-1,735 million. It did ...
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News briefs
iVendix, the online wholesale portal of Centerstone Technologies, reports a...
iVendix, the online wholesale portal of Centerstone Technologies, reports a 30 percent increase last year to €1.4 billion in the value of sales transactions going through its international platform for the sports and sportswear industries. It processed 470,000 orders, up 15 percent, from 1,225,000 log-ins. The number of active ...
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News briefs
Tradeinn, a major online retailer of sporting goods based near...
Tradeinn, a major online retailer of sporting goods based near Girona, Spain, has reported a sales increase of more than 50 percent to over €11 million for 2011. The company set up a new head office and logistics center at Celrà last year. It incorporates a brick-and-mortar store of 400 ...
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News briefs
Sports and recreation goods are predicted to be among the...
Sports and recreation goods are predicted to be among the items that will grow the most at retail in South Africa this year, along with all kinds of clothing and footwear, rising at an annual rate between 4.7 and 4.9 percent. The Bureau of Market Research and Unisa expect the ...
