Financial Results – Page 114

  • News briefs

    Skechers said it is growing through its own retail stores...

    2012-07-30T00:00:00Z

    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 fitness segment of Brunswick Corp., consisting essentially of Life...

    2012-07-30T00:00:00Z

    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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    Cybex International's net sales were down to $30.8 million in...

    2012-07-30T00:00:00Z

    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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    The two major British sporting goods retailers are likely to...

    2012-07-30T00:00:00Z

    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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    The community of Navarre, in northern Spain, has released the...

    2012-07-30T00:00:00Z

    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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    Italy's largest sporting goods retailer, Cisalfa Sport, has nothing to...

    2012-07-18T00:00:00Z

    Italy's largest sporting goods retailer, Cisalfa Sport, has nothing to say yet about a possible change in its ownership structure. Meanwhile, the company reports a 4.9 percent drop in its revenues to €370 million for the financial year ended last February, excluding the revenues from Intersport Italia, which is controlled ...

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    Activinstinct, the British online sporting goods retailer, said today that...

    2012-07-18T00:00:00Z

    Activinstinct, the British online sporting goods retailer, said today that its customers in the U.K. have ordered nearly 40 percent more than a year ago so far into the month of July, indicating that the London Olympics may be boosting the business. Including sales to foreign customers, orders are up ...

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    Golfsmith announced a 12 percent increase in group revenues to...

    2012-07-18T00:00:00Z

    Golfsmith announced a 12 percent increase in group revenues to $146.0 million in the second quarter ended June 30, compared with net revenues of $130.2 million for the same period of fiscal 2011. Comparable store sales went up by 4.7 percent, but the company registered a 4.8 percent decrease in ...

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    Descente's net income improved by 18.2 percent for the financial...

    2012-07-18T00:00:00Z

    Descente's net income improved by 18.2 percent for the financial year ended March 31 to 3,045 billion (€31.6b-$38.5b), as revenues grew by 8 percent to 83.03 billion 83.03 (€862.6m-$1,050.0m). The gross margin rose to 48.70 percent from 47.55 percent.

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    Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m)...

    2012-07-18T00:00:00Z

    Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m) for the financial year ended March 31. Net income improved by 75.39 percent to 2.62 billion (€27.2m-$33.1m). The gross margin for the Japanese company, which is mainly engaged in the manufacture and sale of sports apparel, dropped from 41.44 percent ...

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    Peak Sport Products issued a profit warning, saying that it...

    2012-07-18T00:00:00Z

    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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    Yue Yuen saw its sales increase by 9.5 percent to...

    2012-07-18T00:00:00Z

    Yue Yuen saw its sales increase by 9.5 percent to $3.61 million for the first half of the year. The company's turnover in shoe manufacturing was up by 9.4 percent to $2.56 billion, driven by China and South American markets, even though its shoe manufacturing volume declined by 1.2 percent ...

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    The sell-in figures for the outdoor trade in Europe were...

    2012-07-18T00:00:00Z

    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 ...

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    According to new market research, the Chinese outdoor market expanded...

    2012-07-18T00:00:00Z

    According to new market research, the Chinese outdoor market expanded by 57.8 percent in 2011 to an estimated 11 billion yuan at the retail level, or the equivalent of €1.4 billion, compared with the level of 6,970 million yuan reported in 2010. The figures come from a report compiled by ...

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    In the first half of 2012, 60 percent of the...

    2012-07-18T00:00:00Z

    In the first half of 2012, 60 percent of the fashion companies listed in the FashionUnited Top 100 Index registered an increase in the value of their stock, with the index rising by 6 percent during the period. The top five performers were Prada (+48%), Collective Brands (+48%), Perry Ellis ...

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    While Britain's manufacturing output is on the slide, New Balance...

    2012-07-02T00:00:00Z

    While Britain's manufacturing output is on the slide, New Balance stuck to its production of about 1.2 million pairs of footwear at its U.K. plant last year. The company said that this commitment had strongly contributed to growing consumer demand: New Balance's sales across Europe jumped by about 25 percent last year ...

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    Patagonia's sales have doubled since 2008 to reach $540 million...

    2012-07-02T00:00:00Z

    Patagonia's sales have doubled since 2008 to reach $540 million for the financial year ended last April, or 30 percent more than in the previous year, according to a report in The Seattle Times, and its profits have tripled in the same period. After 14 openings in the past year, ...

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    Direct Golf UK lifted its sales by 23 percent for...

    2012-07-02T00:00:00Z

    Direct Golf UK lifted its sales by 23 percent for the first half ended last March. Entirely privately owned, Direct Golf has 21 stores across the U.K., after four openings between 2011 and 2012. It also has an online shopping platform and an online TV platform, Direct Golf TV. Improved ...

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    A new study by Indescat indicates that 46 percent of...

    2012-07-02T00:00:00Z

    A new study by Indescat indicates that 46 percent of the Spanish people practice sports regularly. The total reaches 63 percent of the population if occasional participants are added to the count.

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    A survey by the Sporting Goods Manufacturers Association (SGMA) shows...

    2012-07-02T00:00:00Z

    A survey by the Sporting Goods Manufacturers Association (SGMA) shows that 83.5 percent of its members are expecting a further increase in their domestic sales, while only 61.2 percent predict that their sales abroad will go up. The SGMA points out that the sporting goods market underperformed the rest of ...