Financial insights for the sporting goods industry – Page 109
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Short stops
Taiwan's exports of bicycles declined by 1.1% to 4.33 million...
Taiwan's exports of bicycles declined by 1.1% to 4.33 million units in 2012, but they generated 8.7 percent higher revenues of US$1.8 billion
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News briefs
The upheavals in the Chinese sports market, as reported elsewhere...
The upheavals in the Chinese sports market, as reported elsewhere in this issue, have also slashed the turnover of Exceed, the company that sells the Xidelong brand. Its sales shrank by 27.5 percent to 2,383.5 million yuan renminbi (€298.5m-$383.2m) for the full year and the situation deteriorated markedly in the ...
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News briefs
Li & Fung saw its sales increase by a mere...
Li & Fung saw its sales increase by a mere 1.0 percent to $20.2 billion in 2012. In the trading unit, which accounts for 70 percent of the total turnover, sales fell by 12 percent in Europe but grew by 5 percent in the U.S., with an 8 percent overall ...
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News briefs
The Mammut Sports Group raised its sales by 10.3 percent...
The Mammut Sports Group raised its sales by 10.3 percent to 232.5 million Swiss francs (€190.8m-$244.9m) in 2012, with an increase of 8.4 percent in local currencies and excluding the effect of acquisitions, according to its parent company, Conzzeta Group. The highest growth rates were recorded in the Asian region ...
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News briefs
Very much in line with the unaudited preliminary results put out...
Very much in line with the unaudited preliminary results put out last month, Black Diamond Equipment, the U.S. marketer of the Black Diamond, Gregory, Poc Sweden and Pieps brands, raised its total sales for the full 2012 financial year by 21 percent to $175.9 million. The adjusted gross margin grew from ...
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News briefs
Yue Yuen, the leading manufacturer of sports footwear, saw its...
Yue Yuen, the leading manufacturer of sports footwear, saw its sales increase by 3.6 percent to about $7,297 million for the full fiscal year until the end of September. The company's shoe manufacturing business lifted its turnover by just 1.5 percent to $5,074 million, with a decline of 4.9 percent ...
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News briefs
A survey conducted by MMI and published by Sport, the...
A survey conducted by MMI and published by Sport, the Norwegian trade magazine, found that Norway remains a haven for cross-country skiing. The researchers estimated that 70 percent of all Norwegian adults had at least one pair of cross-country skis. Yet more encouragingly, about 13 percent said that they had ...
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News briefs
Compass Diversified Holdings (CODI) reported double-digit sales increases for last year for...
Compass Diversified Holdings (CODI) reported double-digit sales increases for last year for all its three of outdoor and sporting goods companies: Camelbak, Fox Factory and Liberty Safe. Camelbak, in particular, tripled its revenues, with net sales of $157.6 million in the year ended Dec. 31 against $42.7 million the year before. Camelbak generated operating ...
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News briefs
Globeride, the Japanese company formerly called Daiwa Seiko, reported operating...
Globeride, the Japanese company formerly called Daiwa Seiko, reported operating income of 4.6 billion yen (€36.6m-$47.8m) on sales of ¥45.3 billion (€360.4m-$470.9m) for the nine months ended last Dec. 31. For the full financial year, it's still budgeting an operating profit of ¥2.5 billion (€19.9m-$25.9m) and a net profit of ...
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News briefs
Ecco reckons that it became the world's fourth biggest brand...
Ecco reckons that it became the world's fourth biggest brand of golf shoes in 2012. Its Golf Street line won several awards. The shutdown of Ecco's manufacturing facilities in Thailand, due to the autumn 2011 floods, did not prevent the company from raising its total revenues by 13.7 percent last ...
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News briefs
Nautilus, the American fitness company, saw its sales jump by...
Nautilus, the American fitness company, saw its sales jump by 8.4 percent to $65.0 million for the fourth quarter, while its gross margin and income both improved markedly on the back of increased direct sales. The company ended the year with a sales increase of 7.5 percent to $193.9 million, ...
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News briefs
According to information given by various market research firms like...
According to information given by various market research firms like Regioplan and KMU Forschung Austria, the Austrian sporting goods market grew in 2012 by an estimated 2.1 percent, while the general retail sector went up by 1.1 percent. These figures were presented by VSSÖ, the Austrian sporting goods industry federation, at the Ösfa ...
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News briefs
In 2012, total sales of Hervis Sports, the Austrian sporting...
In 2012, total sales of Hervis Sports, the Austrian sporting goods retail chain, decreased slightly by 2 percent to €441 million even though it opened three more doors, including the first one in Germany in autumn. The subsidiary of the Spar food chain says the declining turnover is a result ...
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News briefs
Giant reports 13 percent higher consolidated sales of 53.5 billion...
Giant reports 13 percent higher consolidated sales of 53.5 billion New Taiwanese dollars (€1.4bn-$1.8bn) for its last financial year. Europe represented 27 percent of the total turnover, North America 22 percent, Asia-Pacific 40 percent and the rest of the world 11 percent. The Taiwanese bike company plans to open a ...
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News briefs
Fila Korea, which has the international rights to the Fila...
Fila Korea, which has the international rights to the Fila brand, suffered a 26 percent drop in net income to 29.23 billion won (€20.4m--$26.9m) in the financial year ended last Dec. 31. Revenues declined by 7 percent to KRW423.88 billion (€295.3m--$389.5m). In the fourth quarter, the company's operating income was ...
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News briefs
The cycling boom that has swept through Sweden over the...
The cycling boom that has swept through Sweden over the past few years shows no sign of letting up. Statistics show that around 540,000 bicycles were sold in Sweden during 2012, or 8 percent more than in the previous year. Small dealers were able to increase their share of the ...
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News briefs
Giant reported consolidated revenues of NT$53.5 billion (€1.4b--$1.8b) last year, up...
Giant reported consolidated revenues of NT$53.5 billion (€1.4b--$1.8b) last year, up by 12.9 percent from 2011. Sales in Europe declined slightly while those in China increased. For 2013, the Taiwanese bike manufacturer expects these trends to continue. Europe, North America and Asia each account for approximately one-third of Giant's revenues. Over ...
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News briefs
A Swedish online sports retailer, Sportamore, reported a sharp rise...
A Swedish online sports retailer, Sportamore, reported a sharp rise in sales for 2012, but its operating profit remained negative, according to Sportfack. Total revenues for 2012 amounted to 153.3 million Swedish kronor (€18.1m-$24.3m), up by 125 percent from 2011. The operating loss increased by almost 3 million SEK to SEK ...
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News briefs
The consumption of sporting goods in France was up by...
The consumption of sporting goods in France was up by 3.2 percent for the year 2012, according to data from the Bank of France that have been analyzed by sport-guide.com. Eight months of the year recorded a positive trend, based on the figures in the companies' VAT statements. The trend ...
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News briefs
Swallow Ski, a Japanese ski manufacturer that has been exhibiting...
Swallow Ski, a Japanese ski manufacturer that has been exhibiting at Ispo in Munich since 1977, was celebrating its 60th anniversary at this year's show. The company's chief executive, Satoshi Maruyama, has been going to Munich every year since then, always staying at the same hotel. In 1977, there was a Japanese ...
