Financial insights for the sporting goods industry – Page 90
-
News briefs
Comparable store sales at Belle International's sportswear and apparel stores...
Comparable store sales at Belle International's sportswear and apparel stores in mainland China increased by 6.2 percent for the three months until February – the fourth quarter of the big Chinese retailer's financial year. The company had 7,111 sportswear and apparel stores at the end of the quarter, all of ...
-
News briefs
Uhlsport reports an increase of 10.2 percent in its turnover...
Uhlsport reports an increase of 10.2 percent in its turnover last year, which reached a record level of €64 million. Strong growth was registered in the company's two main markets – Germany and France – but its business went up in other countries as well. The current financial year has ...
-
News briefs
TomTom reports that sales of its sports products soared by...
TomTom reports that sales of its sports products soared by 40 percent to €69 million last year, with the shipment of more than 600,000 GPS sports watches. This compensated for slightly lower sales in personal navigation devices, although Tomtom said it performed better than the market and gained share in ...
-
News briefs
Kering, the French group that holds majority stakes in Puma,...
Kering, the French group that holds majority stakes in Puma, Volcom and Electric, reports that the sales of its Sports and Lifestyle division increased by 13.5 percent to €3,682.5 million last year. That includes a comparable increase of 5.9 percent, meaning sales in constant currencies and relating to continuing activities. ...
-
News briefs
The sports and leisure division of the New Wave Group...
The sports and leisure division of the New Wave Group raised its sales by 16 percent to 2,258 million Swedish kronor (€241.4m-$266.5m) last year, with more abundant sales in the U.S. and Europe. The division includes the Craft, Seger, Cutter & Buck and Ahead brands and it distributes Speedo in ...
-
News briefs
The weak yen caused Globeride to swing to a loss...
The weak yen caused Globeride to swing to a loss of 230 million yen (€1.87m-$2.06m) in the third quarter ended Dec. 31 from a profit of ¥953 million. Sales grew by 11 percent to ¥18.0 billion (€146.3m-$161.2m). The gross margin declined by 0.3 percentage points to 34.4 percent on a ...
-
News briefs
Erima announced last month that it experienced a double-digit increase...
Erima announced last month that it experienced a double-digit increase in 2015 for the second year in a row. After rising by 15 percent in 2014, the German team sport specialist's sales grew last year by 10 percent to €58 million, with increases of between 3 and 18 percent by ...
-
News briefs
The average number of rounds of golf played across England,...
The average number of rounds of golf played across England, Scotland and Wales during the fourth quarter of 2015 was down by 7 percent as compared to the fourth quarter of 2014. According to Sports Marketing Surveys (SMS), all the regions suffered a decrease in the number of rounds played in ...
-
News briefs
Sports Direct suffered a loss on its recently acquired Austrian...
Sports Direct suffered a loss on its recently acquired Austrian business of €45.6 million in its 2014/15 financial year, according to the local media, or three times as high as the loss of €17.8 million reported for the previous 8-month fiscal year. Sales declined to €188.7 million from €199 million, ...
-
News briefs
Jarden Corp. has announced it expects sales of around $8.6...
Jarden Corp. has announced it expects sales of around $8.6 billion for 2015, consistent with its guidance, and organic revenue growth to be at the higher end of its targeted range of 3 to 5 percent. The company will file a Form 10-K, which includes final sales and earnings figures, ...
-
News briefs
Garmin sales increased by 6 percent in the outdoor division...
Garmin sales increased by 6 percent in the outdoor division for the fourth quarter of last year, driven by the strength of outdoor wearables, although gross and operating margins for the segment were down slightly. Sales for the fitness segment were up by 14 percent for the three months, with ...
-
News briefs
Descente posted a comprehensive net loss of 591 million yen...
Descente posted a comprehensive net loss of 591 million yen (€4.81m-$5.30m) in the third quarter ended Dec. 31 compared with a profit of ¥2,378 million (€19.3m-$21.3m) in the year-earlier period. The only reason was a foreign currency loss of ¥2,242 million (€18.2m-$20.1m). Excluding the currency effect, the gross margin expanded ...
-
News briefs
More than half of the British population, precisely 53.7 percent,...
More than half of the British population, precisely 53.7 percent, bought activewear over the last 12 months, according to recent figures from Verdict Retail. Thanks to a health and fitness culture being on the rise, activewear seems to have grown essential to consumers' wardrobes and habits, with 52.3 percent of ...
-
News briefs
Johnson Outdoors' sales increased by 20 percent to $85.3 million...
Johnson Outdoors' sales increased by 20 percent to $85.3 million for the three months up to Jan. 1, with a negative impact of 2 percentage points from exchange rate changes. The three months are the first quarter of Johnson Outdoors' fiscal year and a seasonally weak quarter. The company said ...
-
News briefs
Italian sporting goods companies are going through a rough patch...
Italian sporting goods companies are going through a rough patch due to unseasonable weather conditions. The lack of snow has made their total turnover drop by 20 percent in Italy and Austria, according to estimates by Assosport, the national association of sporting goods manufacturers, as reported by Corriere del Veneto, ...
-
News briefs
Deckers Brands saw its share price go down by more...
Deckers Brands saw its share price go down by more than 8 percent after releasing lower than expected figures for its third quarter, ended Dec. 31. Sales rose by only 1.4 percent during the quarter to $795.9 million, with increases of 1.0 percent at Ugg and 3.2 percent for Teva, ...
-
News briefs
Bike Europe reports that imports of bicycles into the European...
Bike Europe reports that imports of bicycles into the European Union jumped by 4.0 percent in the first eight months of the year. After five years of decline, during which imports dropped by more than 20 percent, the numbers picked up again in 2014, with a rise of 1.6 percent ...
-
News briefs
Yonex has achieved a huge sales increase in China in...
Yonex has achieved a huge sales increase in China in the three months until the end of December. The racquet sports company's implied sales for the quarter hit the equivalent of 3,387 million Japanese yen (€25.9m-$29.0m) in China, where badminton is among the most widely-played sports, up from ¥403 million ...
-
News briefs
Mizuno's European sales improved by 7.5 percent for the nine...
Mizuno's European sales improved by 7.5 percent for the nine months until the end of December, with robust sales of running and indoor sports shoes. The rise contributed to an increase of 7.4 percent for the entire group's turnover to ¥143.7 billion (€1,099.1m-$1,230.6m) for the nine months. Sales advanced by ...
-
News briefs
GoPro's sales shrank by 31 percent to $436.6 million for...
GoPro's sales shrank by 31 percent to $436.6 million for the last quarter of 2015, which is aligned with the sharply downgraded guidance issued a few weeks ago, but the result was still worse than expected, with a net loss of $34.4 million against a profit of $122.3 million for ...
