More Consumer News – Page 37
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Conzzeta Group, the Swiss holding company that controls the Mammut...
Conzzeta Group, the Swiss holding company that controls the Mammut Sports Group, reports that the outdoor company's operating result and operational cash flow will be adversely affected in the coming years by the costs of a five-year strategic program, after a drop in sales and operating result last year. Conzzeta ...
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Alibaba is likely to overtake Walmart as the world's largest...
Alibaba is likely to overtake Walmart as the world's largest retail platform in its fiscal year ending March 31. The Chinese e-commerce giant indicated that it had reached 3 trillion yuan renminbi (€412bn-$462bn) in gross merchandise value (GMV) as of March 21. The figure, achieved on the back of consumption-driven ...
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Safilo Group has reported a low single-digit increase for Smith...
Safilo Group has reported a low single-digit increase for Smith Sports Optics, with strong sales in a declining North American snow sports market for its products. The parent company said that Smith is also on track in its core products in Europe, but its position in eyewear needs improvement. The ...
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Pegasus International posted $4.4 million in net losses for its...
Pegasus International posted $4.4 million in net losses for its fiscal year, ended Dec. 31, marking a dramatic plunge from a net profit of $184,000 in 2014 due to a $5.4 million loss on exchange rate differences. Sales contracted by 3.7 percent to $74.7 million, as low double-digit declines in ...
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Exports of complete bicycles from Taiwan increased by just over...
Exports of complete bicycles from Taiwan increased by just over 10 percent to $1.9 billion in 2015, according to the Taiwan Bicycle Association (TBA). The export volume for complete bicycles was up by 6.55 percent to 4 million units, and the unit price moved up by 3.27 percent to $474.02. ...
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Comparable store sales at Belle International's sportswear and apparel stores...
Comparable store sales at Belle International's sportswear and apparel stores in mainland China increased by 6.2 percent for the three months until February – the fourth quarter of the big Chinese retailer's financial year. The company had 7,111 sportswear and apparel stores at the end of the quarter, all of ...
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Uhlsport reports an increase of 10.2 percent in its turnover...
Uhlsport reports an increase of 10.2 percent in its turnover last year, which reached a record level of €64 million. Strong growth was registered in the company's two main markets – Germany and France – but its business went up in other countries as well. The current financial year has ...
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News briefs
The Asia Pacific Snow Conference at Ispo Beijing had an...
The Asia Pacific Snow Conference at Ispo Beijing had an extra attraction this year with the publication of a report about the Chinese ski industry. As reported by Ispo.com, the report was authored by Bin Wu, chief strategy officer of the ski resort division at Vanke, who previously worked as ...
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Sports Direct suffered a loss on its recently acquired Austrian...
Sports Direct suffered a loss on its recently acquired Austrian business of €45.6 million in its 2014/15 financial year, according to the local media, or three times as high as the loss of €17.8 million reported for the previous 8-month fiscal year. Sales declined to €188.7 million from €199 million, ...
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Kering, the French group that holds majority stakes in Puma,...
Kering, the French group that holds majority stakes in Puma, Volcom and Electric, reports that the sales of its Sports and Lifestyle division increased by 13.5 percent to €3,682.5 million last year. That includes a comparable increase of 5.9 percent, meaning sales in constant currencies and relating to continuing activities. ...
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The sports and leisure division of the New Wave Group...
The sports and leisure division of the New Wave Group raised its sales by 16 percent to 2,258 million Swedish kronor (€241.4m-$266.5m) last year, with more abundant sales in the U.S. and Europe. The division includes the Craft, Seger, Cutter & Buck and Ahead brands and it distributes Speedo in ...
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Erima announced last month that it experienced a double-digit increase...
Erima announced last month that it experienced a double-digit increase in 2015 for the second year in a row. After rising by 15 percent in 2014, the German team sport specialist's sales grew last year by 10 percent to €58 million, with increases of between 3 and 18 percent by ...
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Descente posted a comprehensive net loss of 591 million yen...
Descente posted a comprehensive net loss of 591 million yen (€4.81m-$5.30m) in the third quarter ended Dec. 31 compared with a profit of ¥2,378 million (€19.3m-$21.3m) in the year-earlier period. The only reason was a foreign currency loss of ¥2,242 million (€18.2m-$20.1m). Excluding the currency effect, the gross margin expanded ...
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The weak yen caused Globeride to swing to a loss...
The weak yen caused Globeride to swing to a loss of 230 million yen (€1.87m-$2.06m) in the third quarter ended Dec. 31 from a profit of ¥953 million. Sales grew by 11 percent to ¥18.0 billion (€146.3m-$161.2m). The gross margin declined by 0.3 percentage points to 34.4 percent on a ...
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News briefs
The average number of rounds of golf played across England,...
The average number of rounds of golf played across England, Scotland and Wales during the fourth quarter of 2015 was down by 7 percent as compared to the fourth quarter of 2014. According to Sports Marketing Surveys (SMS), all the regions suffered a decrease in the number of rounds played in ...
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More than half of the British population, precisely 53.7 percent,...
More than half of the British population, precisely 53.7 percent, bought activewear over the last 12 months, according to recent figures from Verdict Retail. Thanks to a health and fitness culture being on the rise, activewear seems to have grown essential to consumers' wardrobes and habits, with 52.3 percent of ...
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Jarden Corp. has announced it expects sales of around $8.6...
Jarden Corp. has announced it expects sales of around $8.6 billion for 2015, consistent with its guidance, and organic revenue growth to be at the higher end of its targeted range of 3 to 5 percent. The company will file a Form 10-K, which includes final sales and earnings figures, ...
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Johnson Outdoors' sales increased by 20 percent to $85.3 million...
Johnson Outdoors' sales increased by 20 percent to $85.3 million for the three months up to Jan. 1, with a negative impact of 2 percentage points from exchange rate changes. The three months are the first quarter of Johnson Outdoors' fiscal year and a seasonally weak quarter. The company said ...
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TomTom reports that sales of its sports products soared by...
TomTom reports that sales of its sports products soared by 40 percent to €69 million last year, with the shipment of more than 600,000 GPS sports watches. This compensated for slightly lower sales in personal navigation devices, although Tomtom said it performed better than the market and gained share in ...
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News briefs
Garmin sales increased by 6 percent in the outdoor division...
Garmin sales increased by 6 percent in the outdoor division for the fourth quarter of last year, driven by the strength of outdoor wearables, although gross and operating margins for the segment were down slightly. Sales for the fitness segment were up by 14 percent for the three months, with ...
