Financial insights for the sporting goods industry – Page 117
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News briefs
The revenues of the sportswear stores operated by Belle International...
The revenues of the sportswear stores operated by Belle International climbed by 15.0 percent to 10,412 million renminbi (€1,246m-$1,645m) last year. The Chinese company, whose latest moves are described earlier in this issue, said that comparable store sales in that segment increased at a mid-single-digit level, but at the same ...
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News briefs
Wintersteiger, the big Austrian manufacturer of service solutions for snow...
Wintersteiger, the big Austrian manufacturer of service solutions for snow sports, cracked the €100 million mark in total turnover for the first time in its history during the last financial year, after reaching a level of €93.4 million in the previous year. More detailed figures will be presented on April ...
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News briefs
According to the Cambodian Ministry of Commerce, the country's footwear...
According to the Cambodian Ministry of Commerce, the country's footwear industry managed to raise exports of shoes by 49 percent in value during 2011. The total value of exports was $264 million. The most important customers were the U.S., Canada, Japan, and various Asian and European countries. Currently, there are ...
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News briefs
Online sales of sporting goods grew in Sweden by 32...
Online sales of sporting goods grew in Sweden by 32 percent in the fourth quarter of 2011, making this segment one of those experiencing one of the strongest growth rates. A specific sales figures was not immediately available. The growth estimate comes from the Swedish postal service, Posten, and HUI ...
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News briefs
The 2011 U.K. Golf Participation Report put out by Sports...
The 2011 U.K. Golf Participation Report put out by Sports Marketing Surveys indicates that there was no real drop in the practice of golf in the U.K. last year, with some exceptions. It found that about 4 million adults above the age of 15 played golf at least once on ...
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News briefs
Intersport España made a profit of €2 million in 2011,...
Intersport España made a profit of €2 million in 2011, and its consolidated revenues grew by 7 percent to €94 million, according to the Spanish magazine Diffusion Sport. The good results are attributed to the reorganization of the corporate structure, with four subsidiaries handling different aspects of its business, making ...
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News briefs
Nautilus switched to a net profit of $1.4 million last...
Nautilus switched to a net profit of $1.4 million last year from a $22.8 million loss in 2010, in spite of ongoing cost pressures and onetime expenses to support the launch of new products in the fourth quarter. Discontinued operations contributed losses of $13.0 million in 2010 and $1.1 million ...
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News briefs
ZEG, Germany's leading buying group for bicycle retailers, has reached...
ZEG, Germany's leading buying group for bicycle retailers, has reached an all-time high in terms of sales. Centralized invoicing reached a level of €455.5 million in 2011. Compared with the previous year, this figure was up by 14.9 percent. Orders were not collected from bike dealers in Germany, but also ...
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News briefs
Globetrotter Ausrüstung, Germany's leading specialty outdoor retailer, managed to increase...
Globetrotter Ausrüstung, Germany's leading specialty outdoor retailer, managed to increase its total sales by 10 percent to €250 million in its 2011-12 fiscal year, ended Feb. 29. On a comparable basis without the new doors, sales dipped by 0.5 to 1.5 percent in Globetrotter's brick-and-mortar business while mail-order sales ...
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News briefs
The licensees of Lacoste around the world reached a record...
The licensees of Lacoste around the world reached a record turnover of €1.6 billion in 2011. Philippe Chenu, general manager of Lacoste S.A. told the French newspaper Le Figaro that their sales rose by 11 percent, beating a previous record of €1.56 billion reached in 2007. Some of the progress ...
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News briefs
According to preliminary figures, SportScheck, Germany's leading specialty sporting goods...
According to preliminary figures, SportScheck, Germany's leading specialty sporting goods retail chain, increased its turnover in the financial year ended Feb. 29 by 6 percent to €408 million after VAT. The retailer, which is a subsidiary of Otto Group, intends to expand its store network to a total of 18 ...
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News briefs
According to Luxottica, its parent company, Oakley is expected to...
According to Luxottica, its parent company, Oakley is expected to book double-digit growth this year, partly because of its presence at the Olympic Games in London, where it will be worn by 600 athletes from more than 30 countries. As the sponsor of Team USA at the Olympics, it started ...
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News briefs
Black Diamond reports a 17 percent increase in total revenues...
Black Diamond reports a 17 percent increase in total revenues to $145.8 million for the financial year ended last Dec. 31 on a pro forma basis, including the results of Gregory Mountain Products for all of 2010. However, sales outside the U.S. went down to $18.2 million from $19.3 million ...
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News briefs
Fenix Outdoor had a total turnover of 1,531.9 million Swedish...
Fenix Outdoor had a total turnover of 1,531.9 million Swedish kronor (€173.8m-$229.4m) in 2011, a 15 percent increase from 2010, with acquisitions accounting for SEK 136 million (€15.4m-$20.4m). The Swedish company owns a number of high profile Scandinavian brands such as Fjällräven, Tierra, Primus, Hanwag and Brunton, as well as ...
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News briefs
Jean-Claude Bel, the chief executive of the European Fishing Tackle...
Jean-Claude Bel, the chief executive of the European Fishing Tackle Trade Association, says that the angling industry in Europe hasn't been hurt too badly by the tough economic climate of recent years. He singled out a strong industry in France, where the EFTTA will hold its annual trade show, EFTTEX, ...
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News briefs
Austria remains the biggest market for skis in Europe, with...
Austria remains the biggest market for skis in Europe, with a share of 28 percent, followed by France and Germany (both with a share of 22 percent), and by Italy and Switzerland (both with a share of 14 percent). Austria is also the country with the largest consumption of ski ...
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News briefs
Skullcandy, the American maker of headphones for the action sports...
Skullcandy, the American maker of headphones for the action sports and outdoor markets, reports a sales increase of 29.0 percent to $83.4 million for the fourth quarter. While domestic sales rose by 27.0 percent to $59.1 million, international sales grew by only 18.8 percent to $15.3 million, despite the takeover ...
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News briefs
Garmin reported sales increases of 24 percent in the fitness...
Garmin reported sales increases of 24 percent in the fitness segment to $298 million and of 14 percent in the outdoor segment to $363 million for its financial year ended last Dec. 31. The turnover in fitness would have been higher without the delayed shipment of the Forerunner 910XT system ...
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News briefs
Jack Wolfskin reports a significant 22.5 percent increase in turnover...
Jack Wolfskin reports a significant 22.5 percent increase in turnover to €355 million for the past financial year, with positive trends in all product categories and sale channels. In particular, footwear sales went up by 35 percent. Growth was similarly high in Europe, outside the domestic German market. Sales in ...
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News briefs
A 14 percent sales increase in the fourth quarter helped...
A 14 percent sales increase in the fourth quarter helped Crocs to break the magic $1 billion threshold for its annual turnover in 2011. Total revenues jumped by 27 percent for the year to $1,000,903. Net income almost doubled, reaching a level of $112.8 million against $67.7 million the year ...
