Latest Headlines – Page 324
-
Article
European golf numbers drop in 2011
KPMG's latest survey of golf participation in Europe found the first drop in more than 20 years. In 2011, there were 46,000 fewer registered golfers than the year before. The biggest drops came in the U.K. and Ireland, down by 42,700 (3.1 percent); Sweden, down by 21,000 (4.1 percent); and ...
-
Article
Dutch buying groups merge
The management and supervisory boards of Euretco and Intres, the Dutch buying groups that handle the Sport 2000 and Intersport banners in the Netherlands, respectively, said they had come to an agreement for their intended merger. As reported in SGI Europe, talks started last year for a tie-up that will ...
-
Article
German Sport 2000 records a moderate drop in sales
At Ispo, Andreas Rudolf, managing director of Sport 2000 Germany, was happy about the retailer's policy of not slashing prices on skis and other winter-related products in spite of a drop in sales of some 20 percent in this category. Rudolf saw one reason for the reasonable pricing on the ...
-
Article
Salewa acquires Wild Country
One year ago, Salewa Oberalp announced the acquisition of Pomoca, the Swiss manufacturer of mountaineering skins, which is now completely integrated into the group. At a press conference at Ispo, the Italian family-owned company announced its acquisition of Wild Country, a British producer of high-safety harnesses and other climbing gear.Salewa ...
-
Article
Winter, outdoor sales dampen Amer’s results
Amer Sports' sales fell by 5 percent in the fourth quarter to €556.9 million due to a 10 percent decline to €375.0 million in the winter and outdoor business. The division was hit by a shift of deliveries to the third quarter and a slow start to the winter season ...
-
Article
Asics sees margins declining
Asics Corporation has reported a 5.9 percent increase in total sales to 186.3 billion yen (€1.86bn-$2.45bn) for the third quarter ended Dec. 31, with growth of 10.3 percent in local currencies, but operating income declined by 10.8 percent and net income dropped by 2.3 percent to ¥8.76 billion yen (€87.4m-$115.0m). ...
-
Article
Asics gains market share in Europe
Mentioning some NPD data, Asics Europe said it outperformed the market in the nine months from last January to September, as its sales rose by 13.2 percent over the period. Without giving specific figures for its running shoes, Asics indicates that it grew faster than the respective 4.0 percent and ...
-
Article
Columbia posts a record year for sales and profits
Columbia Sportswear recorded excellent figures for its 2011 fiscal year, when sales soared by 14 percent to $1.694 billion. For the fourth quarter alone, turnover was up by 15 percent and reached $526.1 million. Net profit was up by 40 percent to $36.7 million for the same period. For the ...
-
Article
Wolverine’s outdoor sales rise by 4.5%
Wolverine World Wide has reiterated its intention to carry out acquisitions. The focus remains on buying new brands, but the group does not rule out a move that could increase its retail activity. There is speculation that Wolverine is interested in Saucony, Sperry Top-Sider and other properties of Collective Brands.The ...
-
Article
Innovation in the ski market
Skis featuring the rocker technology in all possible variations remain the biggest product innovation in the ski market. Most of the ski suppliers offer rocker skis for all types of skis – freestyle, freeride, all-around, touring, kids' and all-mountain skis. The German sporting goods industru federation, BSI, estimates that about ...
-
Article
Shifts in market shares for the ski brands in Germany
The market research agency GfK recently published figures on the German market for alpine skis and ski boots for the September–December 2011 period. The study shows the market share of the biggest ski and ski boot suppliers in Germany during this period as well as the sell-out figures of the ...
-
Article
New sales coordination for Europe at Head
Rainer Schramm, who has been the managing director of Head Germany since May 2000, has been promoted to the position of vice president of the group, reporting directly to Johan Eliasch, chief executive of the group, with additional responsibilities. From March 2012, Schramm will take on the position of European ...
-
Article
Skullcandy opens new head office in Europe
Confirming earlier reports in SGI Europe, Skullcandy, the American supplier of headphone for sports enthusiasts, opened a European sales office in Zurich last December. Hendrik Andersson, who previously worked as sales director for Europe, Middle East and Africa in the U.S. head office, has moved to the European sales office ...
-
Article
The German industry is confident for 2012
The German sporting goods industry federation, BSI, has increased its membership to 142 firms, including international market leaders such as Adidas, Puma, Asics, Fischer, Völkl, Marker, Lowa, Vaude, Tatonka and Kettler. The German sporting goods industry is the direct or indirect employer of 120,000 people, generating annual sales of €11.3 ...
-
Article
The World Federation has become healthier
Overcoming all its previous financial problems, the World Federation of the Sporting Goods Industry managed to post a profit of around 200,000 Swiss francs (€165,900-$218,300) last year on revenues of CHF 1.3 million (€1.1m-$1.4m). It's been a quantum leap from the situation in 2007, when Robbert de Kock took over ...
-
Article
Brazil: many opportunities and challenges
More than 100 people attended Forum Brasil, a conference organized by Ispo on the third day of its show this week. SGI Europe laid out some key facts and figures about the Brazilian sporting goods market, collected with Ispo's financial support. In summary, they show that the market is growing ...
-
Article
The start of Ispo reflects mixed emotions
Klaus Dittrich, chief of Messe München, which organizes the newly named Ispo Munich show, reported at last Tuesday's press conference that this year's event is set for more records – in spite of a difficult economic environment combined with challenging weather conditions in many parts of Europe and beyond. Again ...
-
Article
The numbers are not so good for Sport Zone’s parent
In a preliminary statement, Sonae Group reports a 2.9 percent drop to €1.23 billion in last year's revenues from its specialty retail subsidiary, Sonae SR, which owns Portugal's leading chain of sporting goods stores, Sport Zone, and a few other chains specializing in fashion and consumer electronics. The biggest drop ...
-
Article
L-Fashion completes its new European sales structure
Rounding up a major reorganization of its European sales network, L-Fashion Group has hired a country manager for Switzerland with a good pedigree to drive sales of its Icepeak and Luhta brands as well as Li-Ning, the Chinese brand that the Finnish group has had the right to distribute in ...
-
Article
New Era enters a new phase in Europe
A seasoned sporting goods industry executive, Paul Gils, has joined New Era to head up its European office in London. Reporting directly to Pete Augustine, president of the fast-growing American sports headwear company, he is acting as vice president, responsible for marketing, sales and distribution activities in the Europe, Middle ...
