More Consumer News – Page 40
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News briefs
Sales at Intersport Finland shrank by 4.5 percent to €46...
Sales at Intersport Finland shrank by 4.5 percent to €46 million for the third quarter, according to the quarterly results released by Kesko, the large Finnish retail group that owns the Intersport license in Finland and Russia. For the first nine months of the year, sales for Intersport Finland were ...
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Sales in the fitness division of Brunswick Corporation, the owner...
Sales in the fitness division of Brunswick Corporation, the owner of the Life Fitness brand, advanced by 4 percent to $197.5 million for the third quarter. They were driven by increased sales to U.S. health clubs, local and federal governments, and they included an acquisition finalized in the third quarter. ...
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News briefs
Li Ning reported that its same-store sales increased at a...
Li Ning reported that its same-store sales increased at a high single-digit rate for the third quarter, in its stores and through its online retailing business. Sales in its own stores were up at a mid-single-digit rate, while sales through franchised distributors advanced at a low single-digit rate. The comparable ...
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361 Degrees, one of China's leading sports apparel and footwear...
361 Degrees, one of China’s leading sports apparel and footwear brands, said that its comparable store sales increased by 8.1 percent in the third quarter. The channel inventory reached a level of 4.1 months of stock held for resale. The average retail discount for the period was 23 percent. The ...
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News briefs
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...
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News briefs
GoPro reported a 43.0 percent sales increase to $400.3 million...
GoPro reported a 43.0 percent sales increase to $400.3 million for the third quarter, falling short of analysts' estimates due to disappointing sales of cameras. Sales in Europe, the Middle East, Africa (EMEA) jumped by 179 percent to $156.6 million, while the Asia-Pacific region booked a 178 percent increase to ...
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News briefs
A new survey by Piper Jaffray, the U.S. investment bank,...
A new survey by Piper Jaffray, the U.S. investment bank, again ranked Nike as the favorite apparel brand among U.S. teenagers. About 27 percent of respondents pointed to Nike as their preferred clothing brand, way ahead of Forever 21 with 7 percent and American Eagle with 6 percent. Nike's popularity ...
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News briefs
Zalando warns investors that its sales will be up by...
Zalando warns investors that its sales will be up by between 33 and 35 percent in 2015, up from a previously forecast range of 28-31 percent, but they will generate an operating margin of 3 to 4 percent, less than the anticipated margin of 4-5 percent. The updated forecast for ...
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News briefs
Garmin warns that its annual revenues will be more likely...
Garmin warns that its annual revenues will be more likely around $2.8 billion, down from a previous projection of $2.9 billion, with sales in its fitness and outdoor segment coming out weaker than previously expected. Fitness should grow by 15 percent and outdoor should be down by 4 percent. For ...
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News briefs
Jarden Corp. expects to report sales figures for the third...
Jarden Corp. expects to report sales figures for the third quarter on Oct. 29 that will exceed the high end of its annual targeted range of 3-5 percent for organic growth. Earnings per share should fall within the financial analysts' consensus.
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News briefs
In a preliminary statement, Yue Yuen Industrial Holdings said its...
In a preliminary statement, Yue Yuen Industrial Holdings said its operating revenues increased by 5.7 percent to $6.28 billion in the first nine months of this year. The growth was driven by Pou Sheng, the company's retail subsidiary, whose sales went up by 19.9 percent to $1.75 billion during the ...
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News briefs
Wolverine Worldwide, which is due to report its third-quarter results...
Wolverine Worldwide, which is due to report its third-quarter results tomorrow, told the Goldman Sachs Retail Conference last month that foreign currencies will continue to impact its profitability through the first quarter of 2016. Product costs are affecting gross margins, but they are slightly mitigated by lower commodity prices. Operating ...
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In a presentation to financial analysts, Crocs predicted that its...
In a presentation to financial analysts, Crocs predicted that its sales will fall about $10 million below its previous forecasted range of $280 to $290 million during the third quarter of this year. The revised guidance stems from the strong dollar and the company's decision to hold back about $6 ...
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Nike moved up to the 17th place in Interbrand's annual...
Nike moved up to the 17th place in Interbrand's annual ranking of the world's most valuable brands, up from the 22nd position it had obtained on its 2014 listing. Adidas instead fell from the 59th spot to the 62nd one. Luxury brands such as Louis Vuitton, Gucci and Burberry also ...
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News briefs
Sports Marketing Surveys (SMS) has published a new study on...
Sports Marketing Surveys (SMS) has published a new study on international sporting participation, which is said to offer unprecedented comparative findings. The release of the report follows two years of research and the analysis of 27 sports in 21 countries on six continents. The survey of 63,000 households includes information ...
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News briefs
Vietnam's leather and footwear sector registered a 18.4 percent increase...
Vietnam's leather and footwear sector registered a 18.4 percent increase and earned $8.8 billion in export revenues in the first nine months of the year, according to Vietnam's Ministry of Planning and Investment. In that period the sector produced 241.9 million pairs of shoes, which represent an increase of 24.1 ...
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News briefs
The Brits lead European rankings in online shopping. According to...
The Brits lead European rankings in online shopping. According to a new study by the UK Office of National Statistics, almost 80 percent of U.K. shoppers made a purchase online last year, more than any other country in the EU. Scandinavian countries registered similar figures, with 79 percent of the ...
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News briefs
The websites that do not load fast enough negatively affect...
The websites that do not load fast enough negatively affect brands. According to a new study in the U.K. by Rackspace, a cloud computing company, 83 percent of British consumers have declared that consistently slow or unavailable websites negatively affect their brand loyalty. The survey, which was conducted on 2,000 ...
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Short stops
Quoting Golf Data Tech's UK Retail Audit, FootJoy says it...
Quoting Golf Data Tech's UK Retail Audit, FootJoy says it has raised its market share in the British golf shoe market to 51.6% in value
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News briefs
361° reports a 15 percent increase in orders taken at...
361° reports a 15 percent increase in orders taken at its recent summer in-house fair at its industrial complex in Jinjiang City. The growth was driven by an increase of 9 percent in volume and 14 percent in average selling prices for the company's footwear products, especially in the running ...
