Financial insights for the sporting goods industry – Page 102
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News briefs
The year 2013 was very good for Norrøna. The Norwegian...
The year 2013 was very good for Norrøna. The Norwegian company grew by nearly 30 percent, with sales amounting to about 360 million Norwegian kroner (€43.5m-$59.4m). In an interview published by Sportsbransjen, Norrøna's chief executive, Jørgen Jørgensen, explained that the company's strong growth comes after many years of clear distribution ...
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News briefs
Descente is forecasting a 13 percent sales increase to 104...
Descente is forecasting a 13 percent sales increase to 104 billion yen (€741.7m-$1,013.7) for its current financial year as it reports growth of 17 percent to ¥75.93 billion (€541.5m-$740.2m) for the nine months ended last Dec. 31. Operating income rose by 3.6 percent to ¥3.59 billion (€25.6m-$35.0m) for the nine-month period, leading to ...
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News briefs
Rebel Sport, the New Zealand sports retailer owns by the...
Rebel Sport, the New Zealand sports retailer owns by the Briscoe Group, posted revenues of NZD$46.2 million (€27.7m-$37.4m) for its stores in New Zealand in the fourth quarter ended Jan. 26, representing a 9.47 percent increase in comparable store sales. For the full year ended Jan. 26, sales reached NZD$156.8 million ...
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News briefs
Sonae Group, the Portuguese company that owns Sport Zone, recorded...
Sonae Group, the Portuguese company that owns Sport Zone, recorded a 3 percent increase in its retail sales to €4.6 billion in 2013, including a 7.5 percent increase in Spain to €310 million through its Sport Zone, Worten and Zippy chains. Additional details will be released later this month.
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Short stops
Reports from the recent in-house fairs of some Spanish buying...
Reports from the recent in-house fairs of some Spanish buying groups indicate a strong increase in orders by their retail members
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Short stops
Dorel Industries' Recreational & Leisure segment and Fox Factory have...
Dorel Industries' Recreational & Leisure segment and Fox Factory have warned investors that their bike-related operations will report lower-than-expected results for the fourth quarter
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News briefs
Jack Wolfskin admits that its sales fell by 7.9 percent...
Jack Wolfskin admits that its sales fell by 7.9 percent to €324 million in the past year. The company is blaming mainly the difficult market situation in Germany and Austria. The brand performed well in foreign markets in contrast, rising by 45 percent in the U.K., by 13.7 percent in ...
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Reportedly, Erima had almost flat revenues of €47 million in...
Reportedly, Erima had almost flat revenues of €47 million in 2013, but its profitability improved
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News briefs
Athleticum suffered a 3.3 percent decline in its sales to...
Athleticum suffered a 3.3 percent decline in its sales to 190 million Swiss francs (€155.2m-$210.9m) in 2013, according to the Manor Group, the parent company of this Swiss chain of 24 sporting goods stores. The group's total sales remained relatively stable at around CHF2.8 billion (€2,286.5m-$3,108.0m). Manor also sells sports products ...
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News briefs
Karstadt suffered a 2.3 percent decline in its sales during...
Karstadt suffered a 2.3 percent decline in its sales during the three months ended last Dec. 31, but the fashion and sports segments improved their sales. In particular, footwear went up by 6.6 percent and children's fashion by 13.6 percent. A major recovery is expected this year.
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News briefs
Fischer expects its sales to increase to €180 million in the...
Fischer expects its sales to increase to €180 million in the 2013-14 business year, ending on Feb. 28, from €173 million in the previous financial year. Sales in Germany, which account for 9 percent of total sales, were stable in 2013-14, due to an increasing amount of pre-orders and almost no ...
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News briefs
Bauer Performance Sports' revenues for the second quarter ended last...
Bauer Performance Sports' revenues for the second quarter ended last Nov. 30 grew by 7 percent to $117.1 million, with a 9 percent increase in local currencies. Sales of ice hockey equipment were up by 0.8 percent on a comparable basis. In contrast, sales of apparel grew by 59.6 percent ...
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News briefs
In a preliminary statement, Go Sport reports a 5 percent...
In a preliminary statement, Go Sport reports a 5 percent decline in total revenues for 2013, down to €641.9 million. They fell by 4.6 percent on a comparable store basis across the French-based retail group, with a drop of 7.2 percent for the generalist Go Sport banner in France and ...
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News briefs
Despite unseasonably warm temperatures and a lack of snow in...
Despite unseasonably warm temperatures and a lack of snow in Norway's most populous regions, sales of alpine skis, cross-country skis and related accessories jumped sharply in the last quarter of 2013. According to statistics compiled by Sportsbransjen, the Norwegian sporting goods industry association, 15 percent more skis, ski poles and ...
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News briefs
In Sweden, in contrast, the poor start of the winter...
In Sweden, in contrast, the poor start of the winter season has meant that some roller-ski suppliers have more than doubled their orders in a period when usually there are no sales. According to Sportfack, Elpex, a leading Swedish supplier of roller skis experienced an increase of nearly 260 percent ...
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News briefs
The core sports retail business of JD Sports Fashion performed...
The core sports retail business of JD Sports Fashion performed particularly well during the last Christmas selling season. On a same-store basis, the growth in its sales in the U.K. and Ireland in the 48-week period ended Jan. 4 was marginally ahead of the previously reported increase of 5.8 percent ...
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Short stops
Belle International, a leading distributor for Nike and other international...
Belle International, a leading distributor for Nike and other international brands in China, reports increases in same-store sales of 5% for clothing and 1.3% for footwear during the fourth quarter of 2013
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News briefs
Sportfachhandel estimates that the Austrian sporting goods market fell into...
Sportfachhandel estimates that the Austrian sporting goods market fell into negative territory in 2013, after growing by 2.1 percent in 2012, according to the KMU research institute. Its figures for the first nine months of last year showed an increase of only 2.1 percent in the third quarter after declines ...
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News briefs
Strong sales of snow-sports equipment by Blue Tomato in Europe...
Strong sales of snow-sports equipment by Blue Tomato in Europe contributed to a 1.5 percent increase in comparable store sales at Zumiez in the third quarter ended Nov. 2, coming on top of a 3.7 percent increase during the same quarter a year ago. A further 1.7 percent increase was ...
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News briefs
Norwegian sporting goods retailers raised their sales by 3 percent...
Norwegian sporting goods retailers raised their sales by 3 percent on a same-store basis during the third quarter of this year as compared to the same period of 2012, but the Norwegian Institute of Industry Analysis (IBA) calculated that in real terms they were off by 0.7 percent. Around 970 ...
