Financial Results – Page 78

  • News briefs

    BasicNet has reported a 7.5 percent increase in revenues to...

    2018-05-18T00:00:00Z

    BasicNet has reported a 7.5 percent increase in revenues to €53.7 million for the first quarterb, up by 9.1 percent in constant currencies. Aggregated, wholesale-equivalent sales, including those of its licensees, went up by 4.7 percent to €208 million, with growth of 13.1 percent on a constant-currency basis. Kappa and ...

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    Trigema, the German brand of activewear that prides itself on...

    2018-05-18T00:00:00Z

    Trigema, the German brand of activewear that prides itself on manufacturing all its clothing in Germany, reported that its total sales increased by 2.3 percent to €100.5 million in 2017, as compared to the previous year. Sales in markets that are directly handled by the company accounted for 48.5 percent ...

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    Adidas is the brand that is pictured most on Twitter...

    2018-05-18T00:00:00Z

    Adidas is the brand that is pictured most on Twitter and Instagram, according to an analysibs by Brandwatch. In April, Adidas' logo appeared in 6,664,170 unique images, which means in 154 new images every minute, or three new images every second, Brandwatch explains. Adidas is followed by Nike, whose logo ...

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    GfK Switzerland estimates that the Swiss sporting goods market was...

    2018-05-04T00:00:00Z

    GfK Switzerland estimates that the Swiss sporting goods market was on the rise again in 2017, for the first time in several years, as it expanded by 3 percent to about 1.8 million Swiss francs (€ 1.5m - $ 1.8m) last year. The increase was driven by a double-digit growth ...

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    Puma has just put out excellent preliminary figures for the...

    2018-04-12T00:00:00Z

    Puma has just put out excellent preliminary figures for the first quarter. Consolidated sales increased by 12 percent to €1,131 million, with strong currency-neutral growth of about 21 percent. The operating profit (Ebit) went up to around €112 million from €70 million in the year-ago period. Nevertheless, the management is ...

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    Hervis Sport reported a 5.2 percent sales increase to €520...

    2018-04-12T00:00:00Z

    Hervis Sport reported a 5.2 percent sales increase to €520 million last year. In particular, its sales in the domestic Austrian market increased by 6.5 percent to about €315 million, indicating a significant gain in market share. The balance of the turnover came from Hervis' stores in Germany, Slovenia, Hungary, ...

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    Sport XX announced that it reached revenues of 307 million...

    2018-04-12T00:00:00Z

    Sport XX announced that it reached revenues of 307 million Swiss francs (€259.9m-$320.8m) in 2017, a 6.6 percent increase on the previous year. The Swiss sporting goods retail chain, which is owned by the Migros cooperative, added two more stores in the course of last year, reaching a total of ...

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    Sport Scheck, the big German sporting goods retailer owned by...

    2018-04-12T00:00:00Z

    Sport Scheck, the big German sporting goods retailer owned by the Otto Group, resumed its growth in the financial year ended Feb. 28, rising by one percent to €300 million, thanks to a 12.6 percent increase in online sales. In its physical stores, sales declined by one percent on a ...

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    Sport Zone suffered a decline in comparable sales last year,...

    2018-04-12T00:00:00Z

    Sport Zone suffered a decline in comparable sales last year, as reported by the Sonae Group. This Portuguese conglomerate was previously the full owner of Sport Zone, but last year it agreed to fold this interest into the Iberian Sports Retail Group (ISRG), in which the JD Sports Fashion group ...

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    Netshoes, the large Brazilian-based online retailer of sporting goods, reported...

    2018-04-12T00:00:00Z

    Netshoes, the large Brazilian-based online retailer of sporting goods, reported a relatively stable net loss of 164.3 million reais (€38.9m-$48.1m) for 2017 on 9 percent higher revenues of R$1,889 million (€447.5m-$552.5m). On an adjusted basis, the net loss went up by 11 percent R$170.3 million (€40.3m-$49.8m), weighed down by a ...

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    Wintersteiger reports a record total turnover for 2017 of €154...

    2018-04-12T00:00:00Z

    Wintersteiger reports a record total turnover for 2017 of €154 million and intends to continue its rapid double-digit growth through both partnerships and acquisitions. The machinery and ski service specialist from Ried im Innkreis in Austria increased its annual sales by 10 percent, and its pre-tax profits rose by 30 ...

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    As a group, Fila Korea saw its consolidated net earnings...

    2018-04-12T00:00:00Z

    As a group, Fila Korea saw its consolidated net earnings decline by 65 percent to 108.1 billion won (€82.2m-$101.6m) last year as sales jumped by 169 percent to KRW 2,530 billion (€1.9bn-$2.4bn) because of the integration of Acushnet's results. As a stand-alone operation, Fila booked net income of KRW 34.7 billion (€26.4m-$32.6m) for ...

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    Giant Manufacturing posted a 33 percent drop in net income...

    2018-04-12T00:00:00Z

    Giant Manufacturing posted a 33 percent drop in net income to 82.05 billion Taiwan dollars (€2.3bn-$2.8bn) for last year because of adverse foreign exchange rates and pricing pressure from OEM clients. Total revenues declined by 3.5 percent to NT$55.2 billion (€1.5bn-$1.9bn), but they were flat in local currencies. The production also ...

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    Johnson Health Tech suffered a net loss of 89.7 million...

    2018-04-12T00:00:00Z

    Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...

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    Nike remains the world's most valuable fashion brand, according to...

    2018-04-12T00:00:00Z

    Nike remains the world's most valuable fashion brand, according to Brand Finance. H&M and Zara come next, followed by Adidas, Hermès and Louis Vuitton. While Nike's estimated brand value is down by 12 percent to $28.0 billion as compared to a year ago Adidas' brand value is up by 41 ...

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    The share of mind among U.S. teenagers has increased strongly...

    2018-04-12T00:00:00Z

    The share of mind among U.S. teenagers has increased strongly for shoe and apparel brands such as Adidas, Vans, Champion, Lululemon and Supreme, according to a semi-annual survey conducted by Piper Jeffray this spring among 6,000 people with an average age of 16.4 years. Nike, Converse and Under Armour lost ...

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    After rising by 4.4 percent in 2016, memberships in health...

    2018-04-12T00:00:00Z

    After rising by 4.4 percent in 2016, memberships in health and fitness clubs grew by 4.0 percent to 60.0 million in 2017 as compared to 2016, according to an annual report released by Europe Active and Deloitte ahead of the Fibo trade show in Cologne. Germany continued to strengthen its ...

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    After weak Christmas sales, which were due to high pressure...

    2018-04-12T00:00:00Z

    After weak Christmas sales, which were due to high pressure during the Black Friday promotion, the sale of sporting goods in Sweden jumped by 7 percent in January. The main reason for was the abundant snow and the cold weather throughout the country, which motivated higher than average purchases of ...

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    According to Virke, the Enterprise Federation of Norway, the Norwegian...

    2018-04-12T00:00:00Z

    According to Virke, the Enterprise Federation of Norway, the Norwegian sporting goods industry has grown by 41 percent in the period of 2008 to 2016, and it can expect to grow by a further 4 percent in 2018 in terms of sales to the trade. At the retail level, sales ...

  • News briefs

    The Norwegian Alpine Ski Area Association reports an average increase...

    2018-04-12T00:00:00Z

    The Norwegian Alpine Ski Area Association reports an average increase of 15 percent in the sale of tickets by ski lift operators for the whole snow sports season through Feb. 28. The season started early in November and persisted through the winter. In contrast with previous seasons, all the regions ...