Financial insights for the sporting goods industry – Page 102
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News briefs
Zumiez reports that Blue Tomato, the Austrian-based online and offline...
Zumiez reports that Blue Tomato, the Austrian-based online and offline action sports retailer that it bought at the end of 2012, has been enjoying continuous quarterly sales increases on a comparable store basis since its acquisition. Blue Tomato was responsible for most of the growth of 9.7 percent to $162.9 ...
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News briefs
Holdsport, the South African retail group that went public last...
Holdsport, the South African retail group that went public last year, reported increases of 3 percent in sales as well as net income for the financial year ended on Feb. 28. Revenues of 1.42 billion rand (€100.22m-$136.30m) generated a net profit of R173.7 million (€12.26m-$16.67m) for the year. The company operates 20 ...
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News briefs
Giant Corporation reported a 7 percent sales increase in the...
Giant Corporation reported a 7 percent sales increase in the first quarter ended March 31 to 14.2 billion Taiwanese dollars (€348.24m-$473.68m), although its global production of bicycles and electric vehicles dropped slightly to 1.53 million units, down from 1.55 million units in the year-ago period. Net income improved by 10 ...
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News briefs
At Goldwin, sales went up by 4.5 percent to 54.87...
At Goldwin, sales went up by 4.5 percent to 54.87 billion yen (€395m - $539m) for the financial year ended last March 31, and they generated a 14.5 percent increase in net income to ¥3.02 billion (€21.7m - $29.7m). The operating margin grew by 0.4 percentage points to 4.0 percent. ...
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News briefs
Fila Korea's consolidated operating income improved by 36 percent to...
Fila Korea's consolidated operating income improved by 36 percent to 29.6 billion Korean won (€21.31m-$29.00m) in the first quarter as the company's revenues rose by 17 percent to KRW 199.3 billion (€143.69m-$195.54m). Fila's athletic sales around the world increased by 9 percent to KRW 81.7 billion (€58.93m-$80.19m) during the quarter. Golf sales ...
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News briefs
Johnson Health Tech experienced a 203 percent jump in net...
Johnson Health Tech experienced a 203 percent jump in net income to 349.2 million Taiwanese dollars (€8.56m-$11.65m) in the first quarter on 10 percent higher revenues of TWD 3.66 billion (€89.75m-$122.08m). Sales grew by 20 percent at the company's commercial arm, Matrix Fitness, with growth of 24 percent in North America, ...
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News briefs
Moncler finished the first quarter with revenues of €145.4 million,...
Moncler finished the first quarter with revenues of €145.4 million, up by 16 percent in euros and by 19 percent in local currencies. With adjusted operating earnings representing 31 percent of sales before amortization (Ebitda) and 26.9 percent of sales before interest (Ebit), the Italian company's net income increased to ...
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News briefs
Descente saw a 19.6 percent increase in revenues to 109.94...
Descente saw a 19.6 percent increase in revenues to 109.94 billion yen (€788.5m - $1,075m) for the financial year ended on March 31. They generated a gross margin of 51.8 percent and an operating margin of 5.7 percent. Net profits went up by 26 percent to ¥4.47 billion (€32.2m - ...
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News briefs
Xebio's sales rose by 6 percent to 204.8 billion yen (€1,480.53m-$2,013.75m)...
Xebio's sales rose by 6 percent to 204.8 billion yen (€1,480.53m-$2,013.75m) in the financial year ended last March 31, bolstered by 13 percent growth in its golf segment to ¥52.8 billion (€381.72m-$519.17m). Footwear sales were up by 6 percent and outdoor sports by 5 percent. Sales of sports apparel increased by ...
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News briefs
An Italian newspaper and a German magazine gave a few...
An Italian newspaper and a German magazine gave a few figures for the Salewa-Oberalp group's performance in 2013, but they were not accurate. A top executive of the company tells us that its sales rose by 8 percent last year, reaching €194 million, and similar growth is expected for 2014. ...
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News briefs
The new All-Party Commission on Physical Activity of the British...
The new All-Party Commission on Physical Activity of the British government has released a report which estimates at £20 billion (€24.27bn-$33.61bn) the annual cost to the country of the lack physical exercise by its population. It calculates that about 37,000 deaths could be avoided each year if people were physically more ...
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News briefs
According to HUI Research, sales of sporting goods in Sweden...
According to HUI Research, sales of sporting goods in Sweden increased by over 14 percent in March, when compared to the same period last year. Probably due to the arrival of an early spring in Sweden, consumers began purchasing items such as bikes, golf clubs, spring shoes and spring jackets ...
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News briefs
Crocs suffered a 68.5 percent drop in net profit to...
Crocs suffered a 68.5 percent drop in net profit to $9.1 million in the first quarter from $29.0 million a year ago as its total revenues rose by only 0.2 percent to $312.4 million for the period, ended on March 31, with a 1.5 percent increase in terms of local ...
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News briefs
Iconix Brand Group says that 40 percent of its revenues...
Iconix Brand Group says that 40 percent of its revenues will be generated outside the U.S. this year, in spite of big contracts with Walmart in the U.S. for Danskin and Ocean Pacific. Iconix recently signed new licensing deals for Umbro in Italy, India, Australia and South Africa. Umbro will ...
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News briefs
Zalando, the big German-based internet retailer, reports a 35 percent...
Zalando, the big German-based internet retailer, reports a 35 percent sales increase to €501 million in the first quarter, including a rise of 27 percent to €223 million in the German-speaking area. The operating margin remained negative but improved to a loss equivalent to 6.5 percent of sales from 7.2 ...
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News briefs
Brooks Sports reports a 23 percent increase to $64.5 million...
Brooks Sports reports a 23 percent increase to $64.5 million in its sales in the Europe, Middle East and Africa region, with a volume of 1.3 million pairs. A 30 percent increase is expected for 2014. The American company is moving its European office from Germany to the Netherlands, as ...
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News briefs
Rocky Brands has reported 22.5 percent higher sales of $65.8...
Rocky Brands has reported 22.5 percent higher sales of $65.8 million for the first quarter of 2014, with strong double-digit growth in all its major categories and higher military sales. The management said it was also pleased with the initial performance of Creative Recreation, a brand of sneakers bought at ...
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News briefs
Nautilus reports a 21 percent sales increase for the first...
Nautilus reports a 21 percent sales increase for the first quarter to $71.9 million, with gains of 19 percent in the Direct segment and 33 percent in the Retail segment. The gross margin improved slightly to 25.4 percent on sales of $20.1 million in the Retail segment, but most of ...
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News briefs
Sales were off by 5.9 percent to $124.3 million for...
Sales were off by 5.9 percent to $124.3 million for Johnson Outdoors in its second quarter, ended on March 28, as U.S. customers delayed purchases of fish finders, kayaks, diving computers, camping equipment and other outdoor products due to a long and cold winter season. Sales declined by 4.3 percent ...
