Latest Headlines – Page 341
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NPD releases swimwear market figures
For the fifth year in a row, NPD Group has put out its estimates of the global market for swimwear. For 2009, the year it is reporting on, the worldwide swimming market, including retail, swimwear, beachwear and swim equipment, reach €8.6 billion. That's a 2 percent drop from the year ...
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FIBO reflects growing interest in health
FIBO, the international trade show for the health and fitness industry in Essen, Germany, reached a new record this year, with a 9.2 percent increase in the number of visitors to 58,100 and a 3.7 percent increase in exhibitors to 581. The exhibition area of 75,000 square meters, the largest ...
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Modern sports retailing is at last shaping up in the promising Indian market
More modern forms of sports retailing continue to take shape in the closely watched Indian market, with several operators adding new stores and refining their store formats. While the Indian sports retail landscape is still dominated by thousands of small independent stores and the mono-brand stores of international brands, the ...
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Fight for control of Sport 2000 in France
A group of retail members representing around 70 percent of the French buying group's turnover have threatened to split from Sport 2000 France and join another group or form their own cooperative. According to French press reports, they have given the company's major shareholder, the Activa Capital fund, until May ...
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Advanced new talks on Dutch retail merger
The Dutch sports retail landscape could be entirely reshaped in the coming months as Intres and Euretco, the buying groups holding licenses for Intersport and Sport 2000 in the Netherlands, confirmed that they were in advanced talks for a potential merger.Retailers purchasing through the two buying groups reached retail sales ...
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Sports Direct’s sales rise by 10.3%
Sports Direct International bolstered sales in the nine weeks ended March 27 by 10.3 percent to £236 million (€265.6m-$390.1m) and increased gross profits by 7.3 percent to £88 million (€99.0m-$145.4m). The retail business pushed sales up by 12.4 percent to £200 million (€225.1m-$330.6m) and gross profits up by 8.8 percent ...
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3i invests in Go Outdoors
3i, the international private equity group, has acquired an unspecified minority stake in Go Outdoors, the large-scale U.K. outdoor retailer, by buying existing shares as well as newly-issued equity. It invested £28 million (€31.5m-$46.3m) in Go Outdoors, which will be used for the retailer's planned expansion from 30 to about ...
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Stadium sees more growth ahead
Stadium, which is still the leading sports retail chain in Sweden, predicted continued growth in its recently released annual report for the financial year ended last August, in spite of the entry of new foreign competitors, such as XXL Sports from Norway, into its domestic market.The retailer's sales continued to ...
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Sport retail is booming in Norway
The Norwegian sports industry experienced continued strong growth in 2010, as more and more Norwegians identified with a sportive lifestyle. The sport sector grew more than all other retail sectors each of the past five years, taking market shares from both the textile and shoe sectors.According to the country's sporting ...
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Amer benefits from a strong 21% sales increase in the quarter
Replicating the pattern of the last quarters, footwear and apparel marketed by Salomon and Arc'teryx fueled the quarterly sales increase of their owner, the Amer Sports group. Hiking and trail-running products pushed up the group's footwear sales, particularly in Europe, while all its apparel ranges performed well. Furthermore, pre-orders for ...
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Puma sets €3 billion sales target for 2011
Announcing its strongest ever quarterly sales, Puma boasted that the implementation of its strategic five-year plan was beginning to pay off. Outlined last October, Puma's Back on the Attack plan calls for the company's turnover to reach €4 billion by 2015, but after the performance in latest quarter, the company ...
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Adidas cuts off food retailers
The Adidas Group is going ahead with adjustments in its distribution by halting supplies to European retailers who may sell Adidas products alongside food – in other words supermarkets and hypermarkets. This came to light when Adidas confirmed that it would quit supplying Real, the German discount chain owned by ...
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Basicnet in license deal with Russia’s Sportmaster
Basicnet has signed an exclusive five-year license agreement with Sportmaster for the distribution of Kappa and Robe di Kappa products in Russia. The Moscow-based company is the largest sporting goods retailer in Russia, and it also has a strong presence in Ukraine, Belarus and Kazakhstan. It operates a total of ...
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VF’s outdoor/action sport sales up 16%
The Outdoor and Action Sports Coalition of VF Corporation increased first quarter sales by 16 percent to $788.2 million, with revenues in the Americas rising by 12 percent and international turnover up by 21 percent.The North Face and Vans, the division's two largest brands, achieved global revenue growth of 17 ...
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Columbia Sportswear triples net profit
Columbia Sportswear's net income increased by 38 percent to $12.8 million in the first quarter, while sales rose by 11 percent to $333.1 million. As of March 31, the wholesale backlog for the autumn collection was a record $860.8 million, 19 percent higher than a year earlier. The increase in ...
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Lafuma’s outdoor business grows again
Lafuma Group increased sales by 0.8 percent to €122.3 million in the first half ending in March. The period was marked by a return to growth for the greater outdoor business, represented by the Lafuma brand, and for the group's international operations. However, the surf business, represented by Oxbow, was ...
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Callaway is hit by Asia-Pacific natural disasters
Callaway Golf registered a 6 percent drop in first-quarter sales to $286 million following the earthquake in Japan, the floods in Australia and a delayed opening of the golf season in South Korea due to foul weather. Sales in the U.S. suffered a 4 percent decline but were offset by ...
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Murray will head up Deckers in Europe
Stephen Murray, a seasoned American executive who has headed up Vans in Europe in the past, will become Deckers Outdoor Corporation's new president for Europe, the Middle East and Africa as of June 1, taking care of the subsidiary and distributor businesses in the region for all the brands of ...
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Head claims market share increases
Head has quit informing analysts about the winter and racquet sports markets in regular conference calls, but its annual report, released a few days ago, provides some insights into the categories covered by the company.The company estimated that the alpine ski market rose to about 3.2 million pairs of alpine ...
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Wolverine’s posts a 16.1% increase
Wolverine World Wide increased its guidance for the present financial year after booking a record first quarter, driven by its outdoor and heritage business units. The U.S. footwear and apparel company now sees 2011 sales rising by 10.5-13.7 percent to $1.380-1.420 billion and fully diluted earnings per share (EPS) up ...
