Financial Results – Page 124

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    Yonex reported a slight 1.4 percent sales increase for the...

    19 September 2012

    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...

    19 September 2012

    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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    Net profit increased by 13 percent at Globeride to ¥1,068...

    19 September 2012

    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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    Lacoste accelerated its growth in the first half of this...

    19 September 2012

    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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    El Corte Inglés reported a 3.9 percent drop in its...

    30 August 2012

    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...

    30 August 2012

    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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    The Sports & Leisure unit of the New Wave Group,...

    30 August 2012

    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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    The European branch of Brooks Sports reached sales of some...

    30 August 2012

    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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    France's sporting goods market has resisted the general economic slowdown...

    30 August 2012

    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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    According to the HUI research institute, retail sales of sporting...

    30 August 2012

    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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    Peak Performance, the Swedish sports and lifestyle brand, saw its...

    7 August 2012

    Peak Performance, the Swedish sports and lifestyle brand, saw its sales slip by 1 percent to the equivalent of 971 million Danish kroner ($161.6m-€130.5m) for the financial year until the end of June, and its earnings suffered from rising costs for technical fabrics. IC Companys, the Danish group that owns ...

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    Net losses declined for Nautilus to $164,000 in the second...

    7 August 2012

    Net losses declined for Nautilus to $164,000 in the second quarter of 2012, down from a loss of $3.26 million in the year-ago period. The net revenues of the American fitness equipment company totaled $39.6 million, an increase of 14 percent. The gross margin improved by 1.5 percentage points to ...

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    Runners Point's sales surged by 20.9 percent in the first...

    30 July 2012

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

    30 July 2012

    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...

    30 July 2012

    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...

    30 July 2012

    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...

    30 July 2012

    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...

    30 July 2012

    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...

    18 July 2012

    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...

    18 July 2012

    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 ...