More Consumer News – Page 22
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News briefs
In France's mountain areas, the use of collective accommodation for...
In France’s mountain areas, the use of collective accommodation for tourists declined by 0.5 percent in the first quarter of the year as compared to the first quarter of 2018, according to data from France’s National Institute of Statistics and Economic Studies (INSEE), reported by sport-guide.com. The number of French ...
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News briefs
Based on a survey of more than 2,500 top managers...
Based on a survey of more than 2,500 top managers conducted by the Boston Consulting Group (BCG), Adidas is regarded as the 10th most innovative company in the world. Alphabet, parent company of Google, ranked first, followed by Amazon, Apple, Microsoft, Samsung, Netflix, IBM, Facebook and Tesla. Adidas 10th place ...
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News briefs
Global sports sponsorship is expected to grow by 4 percent...
Global sports sponsorship is expected to grow by 4 percent this year and to hit £35 billion (€40.5bn-$45.5bn), according to recent research by Two Circles. The experts of the London-based sports marketing agency said that growth is being registered despite concerns in Europe about marketing restrictions on gambling firms, which ...
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News briefs
Shimano has opened a sort of testing ground for consumers...
Shimano has opened a sort of testing ground for consumers in Valkenburg, in the Limburg province of the Netherlands. The so-called Shimano Experience Centre offers a fishing lake, a 100-room hotel, a fitness center, a product showcase, conference rooms and a food court. It is open to the public seven ...
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News briefs
The major Chinese sports brands have issued preliminary figures indicating...
The major Chinese sports brands have issued preliminary figures indicating the market is not slowing down. Anta Sports Products said that sales under its own brand rose at a low-teen rate in the first quarter, while those of other branded products distributed or licensed in China went up by between ...
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News briefs
The Swiss sporting goods market fell by 3.5 percent in...
The Swiss sporting goods market fell by 3.5 percent in 2018, according to GfK, after the small recovery that it had recorded in the previous year, but online sales went up by 30 percent. Sales of winter sports products fell by 12 percent because of unseasonable weather conditions in December ...
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News briefs
E-bike sales in Germany jumped by 36 percent in 2018...
E-bike sales in Germany jumped by 36 percent in 2018 as compared to 2017, reaching 980,000 units sold. This means that one out of every four bicycles sold in the country was an e-bike. These figures, among others, were contained in the latest report of the Zweirad-Industrie-Verband (ZIV), the German ...
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Article
Dorel Sports’ results impacted by slower than expected holiday consumer demand
Dorel Industries reported that fourth quarter revenues in its Dorel Sports segment were down by 1.7 percent to US$232.7 million, but grew by around 2.6 percent after excluding the negative impact of varying foreign exchange rates and the divestments of the Sugoi and Sombrio brands in the second quarter of ...
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News briefs
Women's presence in the sport business is on the rise,...
Women’s presence in the sport business is on the rise, and that applies to clubs, businesses, products and customers alike. According to a study on “Women in Sport Business,” conducted by Ispo Munich 2019, two thirds of the manufacturers have products for women in their assortment. Nearly half (46 percent) ...
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News briefs
The fitness division of Brunswick Corp., which includes Life Fitness,...
The fitness division of Brunswick Corp., which includes Life Fitness, Cybex, Hammer Strength, Indoor Cycling and SciFit, reported flat sales of $1,038.3 million for the 2018 financial year, just as the group is gearing up to spin it off by the end of the present quarter, or soon thereafter. In ...
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Article
Adidas and Foot Locker call on consumers to design shoes
Adidas and Foot Locker are collaborating on a go-to-market plan that allows consumers to help create footwear with a local flavor. The plan takes inspiration from three themes: speed, cities and the open-source ideal of the computing world, where the raw code is public, free and open to changes by ...
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News briefs
Led by a strong performance by Sierra and the continued...
Led by a strong performance by Sierra and the continued strength of Black Diamond, especially in apparel, Clarus' sales for its full 2018 financial year jumped by 24 percent to around $212 million. This included a growth of around 10 percent for Black Diamond and of about 15 percent – ...
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News briefs
Blaming strong competition from online retailers, Himaraya reported a drop...
Blaming strong competition from online retailers, Himaraya reported a drop of 1.4 percent to 34.6 percent in its gross margin for the first quarter of its financial year, ended on Nov. 30. The Japanese retailer's net loss expanded to 195 million yen (€1.56m-$1.78m) from ¥48 million in the year-ago period. ...
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News briefs
Stella International has reported a 6.4 percent increase in the...
Stella International has reported a 6.4 percent increase in the volume of footwear sold by its manufacturing facilities in 2018. They reached a total of 60.2 million pairs, but the revenues generated by the business rose by only 2.7 percent to more than $1.5 billion.
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News briefs
Despite widespread, negative reports of construction delays, cost overruns, forced...
Despite widespread, negative reports of construction delays, cost overruns, forced evictions from the favelas (slums), a Zika epidemic and a suspiciously green pool, the 2016 Summer Olympic Games have proved to be of net economic benefit to the city and metropolitan area of Rio de Janeiro, according to a study by ...
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Short stops
Spanish sporting goods retailers achieved a growth of 5.4% in...
Spanish sporting goods retailers achieved a growth of 5.4% in their sales in 2018 according to an estimate by DBK, a Spanish consultancy
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News briefs
Under Armour suffered an 11 percent drop in its share...
Under Armour suffered an 11 percent drop in its share value after warning investors that its sales are likely to be flat in North America in 2019, growing overall by between 3 and 4 percent against a consensus estimate of 5 percent. On the other hand, the gross margin for ...
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News briefs
Cherokee Brands, which owns Hi-Tec, posted net income of $63,000...
Cherokee Brands, which owns Hi-Tec, posted net income of $63,000 in the third quarter, turning around from a loss of $2.5 million in the same period of last year. Licensing revenues declined by 25 percent to $5.84 million because of the transition of several brands in Cherokee's portfolio to a ...
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News briefs
Complementing our exclusive charts on the major sports retailers in...
Complementing our exclusive charts on the major sports retailers in the main European countries, the Norwegian sporting goods industry association, Norsk Sportsbransjeforening, is sharing with us some additional figures that show the estimated share of online sales in the market. They indicate that internet sales of sporting goods were worth ...
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Short stops
The United Nations has calculated that 51% of the global...
The United Nations has calculated that 51% of the global population will be using the internet by the end of 2018
