Financial insights for the sporting goods industry – Page 97
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News briefs
The Greek Fourlis Group reports a sales increase of 11.4...
The Greek Fourlis Group reports a sales increase of 11.4 percent to €91.3 million in the first nine months of this year for its sporting goods retail operations, consisting essentially of its Intersport stores. Earnings before amortization (Ebitda) improved by 47.7 percent to €6.6 million, leading to a pre-tax profit ...
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News briefs
Another Korean company, Youngone Holdings, posted a 11 percent increase...
Another Korean company, Youngone Holdings, posted a 11 percent increase in net income to 75,158 billion won (€54.7m-$67.4m) in the third quarter on 3 percent higher sales of KRW445,859 billion (€324.4m-$399.6m). Operating earnings declined by 2 percent to KRW94,689 billion (€324.4m-$399.6m).
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Zalando reached an adjusted operating margin (Ebit) of 0.8 percent...
Zalando reached an adjusted operating margin (Ebit) of 0.8 percent in the third quarter, compared with a negative margin of 12.4 percent a year ago, on 24.2 percent higher overall sales of €501 million. Germany, Austria and Switzerland had the highest profitability with a margin of 3.9 percent, but sales ...
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News briefs
Intersport's Swiss licensee, Intersport PSC Holding, reports that its sales...
Intersport's Swiss licensee, Intersport PSC Holding, reports that its sales went up in the second half of 2014, ended on Sept. 30, in spite of a drop in the number of retail members, that its gross margin improved and that the company managed to optimize its operating costs. The final ...
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News briefs
The Uvex Winter Holding Group has reported an increase in...
The Uvex Winter Holding Group has reported an increase in total sales of 6.4 percent to a record of €365 million in the last financial year, ended last July. The Uvex Safety Group, the largest division of this German producer of bike and ski helmets, eyewear and protective clothing and ...
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News briefs
Higher sales of Smith Optics snow goggles, other sports eyewear...
Higher sales of Smith Optics snow goggles, other sports eyewear and helmets helped to boost Safilo Group's sales of sports products by 15.3 percent to €25.6 million in the third quarter, with a 16.8 percent increase in local currencies. The group's total sales increased by 7.3 percent to €261.2 million, ...
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News briefs
Spy returned to growth in the third quarter ended Sept....
Spy returned to growth in the third quarter ended Sept. 30. Sales increased by 8.1 percent in the period to $11.0 million, thanks primarily to strong sales of snow goggles and continued growth in prescription frames. There were also increases in sales of Happy Lenses, which are now being launched ...
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News briefs
Halfords Group, the leading British retailer of cycling and leisure...
Halfords Group, the leading British retailer of cycling and leisure products, reports a 16 percent increase in sales of cycling products for the 26 weeks ended Sept. 26 due to the expansion of the new Cycle Republic store format and the recent acquisition of Boardman Bikes. On a same-store basis, ...
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News briefs
In the U.K., ski and snowboard boot sales increased by...
In the U.K., ski and snowboard boot sales increased by 10 percent and 21 percent, respectively, in the 2013/14 season as compared to 2012/13. According to the Snowsport Industry of Great Britain (SIGB), which has released its trade survey findings, the market is showing positive growth for the first time ...
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News briefs
XXL ASA, the Nordic sports retailer that went public at...
XXL ASA, the Nordic sports retailer that went public at the beginning of October, reports a 31 percent increase in total revenues to 1,416 million Norwegian kroner (€166.90m-$207.29m) in the third quarter, with 6.7 percent growth on a same-store basis and a 74 percent jump in e-commerce. Operating profit before amortization ...
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News briefs
The major sporting goods retail chains around the world raised...
The major sporting goods retail chains around the world raised their total sales by 7.4% to $87.0 billion, as shown in SGI's Global Retail Chart published in the Vol. 25 n°32+33 issue of SGI Europe, but not in the accompanying text. After rising by 28.2 percent in 2012, the turnover ...
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News briefs
Net income increased by 67 percent at Globeride for the...
Net income increased by 67 percent at Globeride for the six months ended Sept. 30, reaching 1,977 million yen (€13.72m-$17.08m). Operating income increased by 29 percent to ¥3,161 million (€21.94m-$27.31m) as revenues went up by 13 percent to ¥39.51 billion (€274.18m-$341.34m) at the Japanese company, formerly called Daiwa Seiko.
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News briefs
Yonex saw its net income rise by 44 percent to...
Yonex saw its net income rise by 44 percent to 1,730 million yen (€12.00m-$14.94m) in the first half ended Sept. 30. Operating income went up by 39 percent to ¥1,579 million (€10.96m-$13.64m) on 9 percent higher sales of ¥23.79 billion (€0.17m-$0.21m).
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News briefs
In presenting Nike's spring/summer 2015 women's collection in New York,...
In presenting Nike's spring/summer 2015 women's collection in New York, accompanied by 27 top athletes, Mark Parker, chief executive of the group, said that it expects to raise its annual revenues from women-specific products by $2 billion to $7 billion in the next three years. “Sport and fitness are powering ...
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News briefs
Descente has reported a 14 percent increase in revenues to...
Descente has reported a 14 percent increase in revenues to 57.13 billion yen (€397.52m-$494.03m) in its revenues for the first half ended Sept. 30, implying a 12 percent increase in the second quarter. Net earnings went up to ¥2,775 million (€10.31m-$24.00m) in the first half from 1,813 million in the corresponding period ...
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News briefs
Alibaba Group's share price reached new highs, trading above $115...
Alibaba Group's share price reached new highs, trading above $115 a share and reaching a market capitalization above $280 billion, after reporting strong results for the third quarter ended Sept. 30 and announcing that it generated record sales of $9.3 billion through its marketplaces on Nov. 11 in connection with ...
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News briefs
Skullcandy is projecting sales increases of between 10 and 12...
Skullcandy is projecting sales increases of between 10 and 12 percent for this year and for 2015, partly through its international development program, which calls for a 50 percent share of total turnover outside the U.S. The leading American supplier of headphones sees potential for growth also in sports performance ...
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News briefs
Goldwin's sales inched up by 1.6 percent to 14.9 billion...
Goldwin's sales inched up by 1.6 percent to 14.9 billion yen (€103.69m-$128.85m) in the six months ended Sept. 30. The Japanese company, which opened a European subsidiary in Switzerland in 2012 and a U.S. subsidiary last year for its ski and compression apparel, reported an operating profit of ¥311 million (€2.16m-$2.69m) for ...
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News briefs
Maier Sports, the German sports apparel firm acquired by the...
Maier Sports, the German sports apparel firm acquired by the Findors Investor equity firm in August 2011, reports another increase in pre-orders for the coming spring/summer season. Pre-orders for spring/summer 2014 went up by 29 percent as compared to the previous year and for spring/summer 2015 they have increased once ...
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News briefs
Golf numbers in the U.K. are on the rise. According...
Golf numbers in the U.K. are on the rise. According to Sports Marketing Surveys (SMS), the number of golf rounds played in the country in the third quarter of 2014 were up by 5.3 percent compared with the same quarter in 2013. The increase, as described in the latest edition ...
