Financial insights for the sporting goods industry – Page 124
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News briefs
Jack Wolfskin had a lot of success with the two...
Jack Wolfskin had a lot of success with the two major buying groups in Germany last year, rising up the rankings of the suppliers that they ordered the most from. At Sport 2000, as always, Adidas and Nike remained at top of the list, but Jack Wolfskin managed to improve ...
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News briefs
In a television interview, Herbert Hainer, the chief executive at...
In a television interview, Herbert Hainer, the chief executive at Adidas Group, announced that the company expects to have revenues of more than €1 billion this year. Business in China should grow by 15 to 20 percent in the next five years. He also noted that Adidas has no plans ...
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News briefs
The diving segment of Johnson Outdoors turned around to an...
The diving segment of Johnson Outdoors turned around to an operating profit of $1.2 million in the first quarter last Dec. 31 from a $84,000 loss in the year-earlier period, while sales grew by 4.6 percent to $19.4 million in dollars despite a currency translation loss of 3 percent. Outdoor ...
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News briefs
Jack Wolfskin, the huge German outdoor brand, managed again to...
Jack Wolfskin, the huge German outdoor brand, managed again to increase its sales by a double-digit rate in 2010. Sales jumped by 21 percent to €304.2 million during the period. The company says that it grew in all its relevant markets, including its home market where it feels it is ...
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News briefs
In 2010, Odlo increased its sales by 8 percent to...
In 2010, Odlo increased its sales by 8 percent to 173 million Swiss francs (€134.1m-$182.7m). The company says that the growth would have been even higher if the euro had been in better shape compared with the Swiss franc. Without those currency effects, the increase would have been 13 percent.
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News briefs
Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million...
Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million from a year earlier and cut its operating losses to $24.7 million from $37.3 million. In the full year, the golf company's sales also went up by 1.9 percent to $1.24 billion and the operating loss was trimmed to $91.1 ...