Financial insights for the sporting goods industry – Page 78

  • News briefs

    The Tecnica Group scored better than expected in 2017, booking...

    2018-06-07T00:00:00Z

    The Tecnica Group scored better than expected in 2017, booking a 10 percent sales increase to €365 million for the year (just above the Rossignol Group). Ebitda went up to €32.3 million from €27.9 million in 2016. The best performances were achieved by Moon Boot, whose sales went up by ...

  • News briefs

    Goldwin saw its total revenues increase by 16 percent to...

    2018-06-07T00:00:00Z

    Goldwin saw its total revenues increase by 16 percent to 70.4 billion yen (€543.3m-$639.7m) in the year ended March 31, with 56 percent of them coming from its network of 140 retail stores. The gross margin improved by two percentage points to 48.4 percent. The net profit soared by 120 percent ...

  • News briefs

    Adidas is the brand that is pictured most on Twitter...

    2018-05-18T00:00:00Z

    Adidas is the brand that is pictured most on Twitter and Instagram, according to an analysibs by Brandwatch. In April, Adidas' logo appeared in 6,664,170 unique images, which means in 154 new images every minute, or three new images every second, Brandwatch explains. Adidas is followed by Nike, whose logo ...

  • News briefs

    Trigema, the German brand of activewear that prides itself on...

    2018-05-18T00:00:00Z

    Trigema, the German brand of activewear that prides itself on manufacturing all its clothing in Germany, reported that its total sales increased by 2.3 percent to €100.5 million in 2017, as compared to the previous year. Sales in markets that are directly handled by the company accounted for 48.5 percent ...

  • News briefs

    BasicNet has reported a 7.5 percent increase in revenues to...

    2018-05-18T00:00:00Z

    BasicNet has reported a 7.5 percent increase in revenues to €53.7 million for the first quarterb, up by 9.1 percent in constant currencies. Aggregated, wholesale-equivalent sales, including those of its licensees, went up by 4.7 percent to €208 million, with growth of 13.1 percent on a constant-currency basis. Kappa and ...

  • News briefs

    GfK Switzerland estimates that the Swiss sporting goods market was...

    2018-05-04T00:00:00Z

    GfK Switzerland estimates that the Swiss sporting goods market was on the rise again in 2017, for the first time in several years, as it expanded by 3 percent to about 1.8 million Swiss francs (€ 1.5m - $ 1.8m) last year. The increase was driven by a double-digit growth ...

  • News briefs

    Puma has just put out excellent preliminary figures for the...

    2018-04-12T00:00:00Z

    Puma has just put out excellent preliminary figures for the first quarter. Consolidated sales increased by 12 percent to €1,131 million, with strong currency-neutral growth of about 21 percent. The operating profit (Ebit) went up to around €112 million from €70 million in the year-ago period. Nevertheless, the management is ...

  • News briefs

    As a group, Fila Korea saw its consolidated net earnings...

    2018-04-12T00:00:00Z

    As a group, Fila Korea saw its consolidated net earnings decline by 65 percent to 108.1 billion won (€82.2m-$101.6m) last year as sales jumped by 169 percent to KRW 2,530 billion (€1.9bn-$2.4bn) because of the integration of Acushnet's results. As a stand-alone operation, Fila booked net income of KRW 34.7 billion (€26.4m-$32.6m) for ...

  • News briefs

    Sport Zone suffered a decline in comparable sales last year,...

    2018-04-12T00:00:00Z

    Sport Zone suffered a decline in comparable sales last year, as reported by the Sonae Group. This Portuguese conglomerate was previously the full owner of Sport Zone, but last year it agreed to fold this interest into the Iberian Sports Retail Group (ISRG), in which the JD Sports Fashion group ...

  • News briefs

    Netshoes, the large Brazilian-based online retailer of sporting goods, reported...

    2018-04-12T00:00:00Z

    Netshoes, the large Brazilian-based online retailer of sporting goods, reported a relatively stable net loss of 164.3 million reais (€38.9m-$48.1m) for 2017 on 9 percent higher revenues of R$1,889 million (€447.5m-$552.5m). On an adjusted basis, the net loss went up by 11 percent R$170.3 million (€40.3m-$49.8m), weighed down by a ...

  • News briefs

    Sport Scheck, the big German sporting goods retailer owned by...

    2018-04-12T00:00:00Z

    Sport Scheck, the big German sporting goods retailer owned by the Otto Group, resumed its growth in the financial year ended Feb. 28, rising by one percent to €300 million, thanks to a 12.6 percent increase in online sales. In its physical stores, sales declined by one percent on a ...

  • News briefs

    Total sales of electric bicycles, e-MTBs and speed pedelecs in...

    2018-04-12T00:00:00Z

    Total sales of electric bicycles, e-MTBs and speed pedelecs in Germany, France, Italy and the Netherlands – the four main markets in Europe - increased by a combined 21 percent in 2017, according to reports in Bike Europe. France showed the biggest increase in the group, with figures up by ...

  • News briefs

    The share of mind among U.S. teenagers has increased strongly...

    2018-04-12T00:00:00Z

    The share of mind among U.S. teenagers has increased strongly for shoe and apparel brands such as Adidas, Vans, Champion, Lululemon and Supreme, according to a semi-annual survey conducted by Piper Jeffray this spring among 6,000 people with an average age of 16.4 years. Nike, Converse and Under Armour lost ...

  • News briefs

    The Norwegian Alpine Ski Area Association reports an average increase...

    2018-04-12T00:00:00Z

    The Norwegian Alpine Ski Area Association reports an average increase of 15 percent in the sale of tickets by ski lift operators for the whole snow sports season through Feb. 28. The season started early in November and persisted through the winter. In contrast with previous seasons, all the regions ...

  • News briefs

    After weak Christmas sales, which were due to high pressure...

    2018-04-12T00:00:00Z

    After weak Christmas sales, which were due to high pressure during the Black Friday promotion, the sale of sporting goods in Sweden jumped by 7 percent in January. The main reason for was the abundant snow and the cold weather throughout the country, which motivated higher than average purchases of ...

  • News briefs

    Nike remains the world's most valuable fashion brand, according to...

    2018-04-12T00:00:00Z

    Nike remains the world's most valuable fashion brand, according to Brand Finance. H&M and Zara come next, followed by Adidas, Hermès and Louis Vuitton. While Nike's estimated brand value is down by 12 percent to $28.0 billion as compared to a year ago Adidas' brand value is up by 41 ...

  • News briefs

    According to Virke, the Enterprise Federation of Norway, the Norwegian...

    2018-04-12T00:00:00Z

    According to Virke, the Enterprise Federation of Norway, the Norwegian sporting goods industry has grown by 41 percent in the period of 2008 to 2016, and it can expect to grow by a further 4 percent in 2018 in terms of sales to the trade. At the retail level, sales ...

  • News briefs

    Johnson Health Tech suffered a net loss of 89.7 million...

    2018-04-12T00:00:00Z

    Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...

  • News briefs

    Giant Manufacturing posted a 33 percent drop in net income...

    2018-04-12T00:00:00Z

    Giant Manufacturing posted a 33 percent drop in net income to 82.05 billion Taiwan dollars (€2.3bn-$2.8bn) for last year because of adverse foreign exchange rates and pricing pressure from OEM clients. Total revenues declined by 3.5 percent to NT$55.2 billion (€1.5bn-$1.9bn), but they were flat in local currencies. The production also ...

  • News briefs

    Sport XX announced that it reached revenues of 307 million...

    2018-04-12T00:00:00Z

    Sport XX announced that it reached revenues of 307 million Swiss francs (€259.9m-$320.8m) in 2017, a 6.6 percent increase on the previous year. The Swiss sporting goods retail chain, which is owned by the Migros cooperative, added two more stores in the course of last year, reaching a total of ...