More Consumer News – Page 46
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Exceed, the Chinese company behind the Xidelong brand, reported that...
Exceed, the Chinese company behind the Xidelong brand, reported that its performance improved markedly in the first half of 2014. Its sales jumped by 29.7 percent to 845.2 million yuan renminbi (€117.5m-$136.1m) and its operating profit more than doubled to RMB 96.9 million (€13.5m-$15.6m). Exceed ended the half-year with net ...
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ABC-Mart, the Japanese-based sports retailer, which operates more than 800...
ABC-Mart, the Japanese-based sports retailer, which operates more than 800 stores in Japan, Taiwan and South Korea, has reported a 15 percent sales increase to 150.0 billion yen (€1,097m-$1,284m) for the nine months ended Nov. 30. The gross margin dropped slightly to 55.4 percent, but net earnings rose by 28 ...
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Metro made a consolidated net profit of €127 million in...
Metro made a consolidated net profit of €127 million in the financial year ended last Sept. 30, against a loss of €35 million in the previous year, although changes in foreign currencies reduced its profits by €82 million. Total revenues declined by 4 percent to €63 billion, but were up ...
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Groupe Rossignol reportedly made an operating profit margin before amortization...
Groupe Rossignol reportedly made an operating profit margin before amortization (Ebitda) of 7 percent in the past financial year on 8 percent higher sales of €223 million. It made also a unspecified net profit. Its sales if apparel grew vt 35 pecent to around €20 million. As previously reported, Rossignol ...
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Callaway Golf has raised its guidance for this year's earnings,...
Callaway Golf has raised its guidance for this year's earnings, predicting pre-tax income of between $19 million and $21 million, but repeats that sales will rise by 6 percent to about $890 million, indicating gains in market share. On the other hand, the company, which generates half of its turnover ...
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Sport Panel reports that it is conducting the first study...
Sport Panel reports that it is conducting the first study of the Spanish bike market, analyzing the image and service level of the brands
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Adidas and New Balance have joined the Consumer Electronics Association...
Adidas and New Balance have joined the Consumer Electronics Association (Cea), the trade organization for the consumer electronics industry in the U.S. The two sports firms are among the companies who have recently joined Cea as connectivity quickly expands into the fitness, smart watch and wearables categories. Smart watches and ...
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The Greek Fourlis Group reports a sales increase of 11.4...
The Greek Fourlis Group reports a sales increase of 11.4 percent to €91.3 million in the first nine months of this year for its sporting goods retail operations, consisting essentially of its Intersport stores. Earnings before amortization (Ebitda) improved by 47.7 percent to €6.6 million, leading to a pre-tax profit ...
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Zalando reached an adjusted operating margin (Ebit) of 0.8 percent...
Zalando reached an adjusted operating margin (Ebit) of 0.8 percent in the third quarter, compared with a negative margin of 12.4 percent a year ago, on 24.2 percent higher overall sales of €501 million. Germany, Austria and Switzerland had the highest profitability with a margin of 3.9 percent, but sales ...
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New Wave Group raised its sales by 8 percent to...
New Wave Group raised its sales by 8 percent to 1.12 billion Swedish kronor (€120.4m-$148.9m) in the third quarter. Operating earnings rose to SEK 92.8 million (€10.0m-$12.3m) from SEK 95.7 million a year ago, and the net profit increased to SEK 57.8 million (€6.2m-$7.7m) from SEK 66.9 million. Sales in the Sports & ...
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Björn Borg reports a 55 percent increase in net earnings...
Björn Borg reports a 55 percent increase in net earnings to 24 million Swedish kronor (€2.6m-$3.2m) in the third quarter, thanks to an improved gross margin of 52.4 percent, cost controls and discontinuing its Chinese operations. Sales increased by only 2 percent to SEK 163.7 million (€17.7m-$21.7m), but the Swedish underwear ...
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Fila Korea turned around to a net profit of 20,984...
Fila Korea turned around to a net profit of 20,984 billion Korean won (€15.3m-$18.9m) in the third quarter ended Sept. 30 from a loss of KRW 8,346 billion in the same period a year ago. Revenues increased by 6 percent to KRW189,347 billion (€137.8m-$169.7m), but the gross margin declined slightly ...
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Another Korean company, Youngone Holdings, posted a 11 percent increase...
Another Korean company, Youngone Holdings, posted a 11 percent increase in net income to 75,158 billion won (€54.7m-$67.4m) in the third quarter on 3 percent higher sales of KRW445,859 billion (€324.4m-$399.6m). Operating earnings declined by 2 percent to KRW94,689 billion (€324.4m-$399.6m).
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News briefs
Total sales of sporting goods increased in Norway by 5...
Total sales of sporting goods increased in Norway by 5 percent in the first nine months of 2014, according to the local industry association, Sportsbransjen, which is predicting a record year for the sector. Year-on-year, sales declined slightly in the first quarter, but they were relatively good in the second ...
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News briefs
Schweizer Sport & Mode predicts that the Swiss sporting goods...
Schweizer Sport & Mode predicts that the Swiss sporting goods market will end up flat this year in terms of the retail turnover. Working in combination with GfK and Asmas, it has calculated a 0.4 percent decline for the third quarter, due to a lot of rain and cool temperatures ...
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Short stops
Accell Group is forecasting significantly higher net income for this...
Accell Group is forecasting significantly higher net income for this year, due in part to stronger organic growth in the second half, with less prior-year inventory to sell at a discount
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Italy's Casa Editrice Scode has placed its consumer-oriented ski magazine,...
Italy's Casa Editrice Scode has placed its consumer-oriented ski magazine, Sci, into liquidation
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News briefs
XXL ASA, the Nordic sports retailer that went public at...
XXL ASA, the Nordic sports retailer that went public at the beginning of October, reports a 31 percent increase in total revenues to 1,416 million Norwegian kroner (€166.90m-$207.29m) in the third quarter, with 6.7 percent growth on a same-store basis and a 74 percent jump in e-commerce. Operating profit before amortization ...
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Intersport's Swiss licensee, Intersport PSC Holding, reports that its sales...
Intersport's Swiss licensee, Intersport PSC Holding, reports that its sales went up in the second half of 2014, ended on Sept. 30, in spite of a drop in the number of retail members, that its gross margin improved and that the company managed to optimize its operating costs. The final ...
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News briefs
Halfords Group, the leading British retailer of cycling and leisure...
Halfords Group, the leading British retailer of cycling and leisure products, reports a 16 percent increase in sales of cycling products for the 26 weeks ended Sept. 26 due to the expansion of the new Cycle Republic store format and the recent acquisition of Boardman Bikes. On a same-store basis, ...
