More Consumer News – Page 25
-
News briefs
Globeride's net income surged by 80 percent to 4.26 billion...
Globeride's net income surged by 80 percent to 4.26 billion yen (€32.9m-$38.7m) in the year ended March 31 as the parent company of Daiwa Seiko raised its sales by 8 percent to ¥85.8 billion (€662.2m-$779.7m). Excluding one-time items, net earnings rose by 14 percent to ¥2.49 billion (€19.2m-$22.6m). The gross margin ...
-
News briefs
A 30 percent jump in sales of electric bikes allowed...
A 30 percent jump in sales of electric bikes allowed Giant Manufacturing to post an overall sales increase of 3 percent to 13.9 billion Taiwanese dollars (€397.0m-$467.5m) in the first quarter of this year. Electric bike sales grew at a double-digit rate in Europe, where the company is planning to boost ...
-
News briefs
Groupe Bic reports that its sports division suffered a small...
Groupe Bic reports that its sports division suffered a small double-digit sales decline in constant currencies for the first quarter. Bic Sport already saw its turnover decline by about 5 percent in 2017, which was blamed on an increasingly competitive market in the U.S. The group has overhauled its business ...
-
News briefs
Retail sales of sporting goods in Norway reached a record...
Retail sales of sporting goods in Norway reached a record level of more than 3.2 billion kroner (€335.9m-$395.5m) during the first quarter of 2018, up by 11 percent from the same quarter of 2017. According to Sportsbransjen, the Norwegian sporting goods industry association, good snow conditions and cold temperatures were a ...
-
News briefs
Sports Marketing Surveys has obtained an assignment from the All...
Sports Marketing Surveys has obtained an assignment from the All England Lawn Tennis Club to deliver the Wimbledon Equipment Census for at least another three years, until 2020. This program provides the count of equipment used by all competitors at the championships, in main draw singles, doubles, wheelchair, junior and ...
-
News briefs
BasicNet has reported a 7.5 percent increase in revenues to...
BasicNet has reported a 7.5 percent increase in revenues to €53.7 million for the first quarterb, up by 9.1 percent in constant currencies. Aggregated, wholesale-equivalent sales, including those of its licensees, went up by 4.7 percent to €208 million, with growth of 13.1 percent on a constant-currency basis. Kappa and ...
-
News briefs
Trigema, the German brand of activewear that prides itself on...
Trigema, the German brand of activewear that prides itself on manufacturing all its clothing in Germany, reported that its total sales increased by 2.3 percent to €100.5 million in 2017, as compared to the previous year. Sales in markets that are directly handled by the company accounted for 48.5 percent ...
-
News briefs
Adidas is the brand that is pictured most on Twitter...
Adidas is the brand that is pictured most on Twitter and Instagram, according to an analysibs by Brandwatch. In April, Adidas' logo appeared in 6,664,170 unique images, which means in 154 new images every minute, or three new images every second, Brandwatch explains. Adidas is followed by Nike, whose logo ...
-
News briefs
GfK Switzerland estimates that the Swiss sporting goods market was...
GfK Switzerland estimates that the Swiss sporting goods market was on the rise again in 2017, for the first time in several years, as it expanded by 3 percent to about 1.8 million Swiss francs (€ 1.5m - $ 1.8m) last year. The increase was driven by a double-digit growth ...
-
News briefs
Scott Sports is warning consumers of the proliferation of fraudulent...
Scott Sports is warning consumers of the proliferation of fraudulent online stores, which typically offer promising discounts of up to 80 percent and more on Scott bikes. Consumers are often led to these sites by sponsored ads. The company is reminding buyers of the risk of making payments on these ...
-
News briefs
Puma has just put out excellent preliminary figures for the...
Puma has just put out excellent preliminary figures for the first quarter. Consolidated sales increased by 12 percent to €1,131 million, with strong currency-neutral growth of about 21 percent. The operating profit (Ebit) went up to around €112 million from €70 million in the year-ago period. Nevertheless, the management is ...
-
News briefs
Hervis Sport reported a 5.2 percent sales increase to €520...
Hervis Sport reported a 5.2 percent sales increase to €520 million last year. In particular, its sales in the domestic Austrian market increased by 6.5 percent to about €315 million, indicating a significant gain in market share. The balance of the turnover came from Hervis' stores in Germany, Slovenia, Hungary, ...
-
News briefs
Sport XX announced that it reached revenues of 307 million...
Sport XX announced that it reached revenues of 307 million Swiss francs (€259.9m-$320.8m) in 2017, a 6.6 percent increase on the previous year. The Swiss sporting goods retail chain, which is owned by the Migros cooperative, added two more stores in the course of last year, reaching a total of ...
-
News briefs
Sport Scheck, the big German sporting goods retailer owned by...
Sport Scheck, the big German sporting goods retailer owned by the Otto Group, resumed its growth in the financial year ended Feb. 28, rising by one percent to €300 million, thanks to a 12.6 percent increase in online sales. In its physical stores, sales declined by one percent on a ...
-
News briefs
Sport Zone suffered a decline in comparable sales last year,...
Sport Zone suffered a decline in comparable sales last year, as reported by the Sonae Group. This Portuguese conglomerate was previously the full owner of Sport Zone, but last year it agreed to fold this interest into the Iberian Sports Retail Group (ISRG), in which the JD Sports Fashion group ...
-
News briefs
Netshoes, the large Brazilian-based online retailer of sporting goods, reported...
Netshoes, the large Brazilian-based online retailer of sporting goods, reported a relatively stable net loss of 164.3 million reais (€38.9m-$48.1m) for 2017 on 9 percent higher revenues of R$1,889 million (€447.5m-$552.5m). On an adjusted basis, the net loss went up by 11 percent R$170.3 million (€40.3m-$49.8m), weighed down by a ...
-
News briefs
Wintersteiger reports a record total turnover for 2017 of €154...
Wintersteiger reports a record total turnover for 2017 of €154 million and intends to continue its rapid double-digit growth through both partnerships and acquisitions. The machinery and ski service specialist from Ried im Innkreis in Austria increased its annual sales by 10 percent, and its pre-tax profits rose by 30 ...
-
News briefs
As a group, Fila Korea saw its consolidated net earnings...
As a group, Fila Korea saw its consolidated net earnings decline by 65 percent to 108.1 billion won (€82.2m-$101.6m) last year as sales jumped by 169 percent to KRW 2,530 billion (€1.9bn-$2.4bn) because of the integration of Acushnet's results. As a stand-alone operation, Fila booked net income of KRW 34.7 billion (€26.4m-$32.6m) for ...
-
News briefs
Giant Manufacturing posted a 33 percent drop in net income...
Giant Manufacturing posted a 33 percent drop in net income to 82.05 billion Taiwan dollars (€2.3bn-$2.8bn) for last year because of adverse foreign exchange rates and pricing pressure from OEM clients. Total revenues declined by 3.5 percent to NT$55.2 billion (€1.5bn-$1.9bn), but they were flat in local currencies. The production also ...
-
News briefs
Johnson Health Tech suffered a net loss of 89.7 million...
Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...
