More Consumer News – Page 59
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Galeria Kaufhof, the German department store chain that also operates...
Galeria Kaufhof, the German department store chain that also operates stores in Belgium and the Sportarena specialty chain, saw its total sales dip slightly by 0.9 percent to €3.1 billion in 2012. This compares with a decline of 4.4 percent in the previous year. In 2012, Kaufhof opened one store ...
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Aggressive marketing has enabled Direct Golf UK to buck the...
Aggressive marketing has enabled Direct Golf UK to buck the sluggish trend in British retailing over the festive season, with record sales for the quarter until the end of December. Direct Golf UK reached particularly impressive sales with its online store in the quarter, which is the start of its ...
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Belle International, the leading Chinese sports and footwear retailer, said...
Belle International, the leading Chinese sports and footwear retailer, said that comparable sales in its sportswear stores jumped by 10 percent for the fourth quarter of last year, while the comparable sales of its footwear stores increased by 3 percent. The company had 17,564 directly managed stores around mainland China ...
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Yue Yuen Industrial reports that its consolidated sales crept up...
Yue Yuen Industrial reports that its consolidated sales crept up by just 0.3 percent to $7,282.5 million for the full year 2012. The leading footwear manufacturer, owned by Pou Chen in Taiwan, ended the year with a turnover of $664.1 million for December, up by 0.9 percent compared with the ...
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Li & Fung has announced that for 2012, its core...
Li & Fung has announced that for 2012, its core operating profit will probably be down by about 40 percent from 2011 because of restructuring costs and other provisions related to LF USA's operations. The other segments of the company have met expectations. Li & Fung, which manages global supply ...
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Nautilus, the American fitness equipment company, said that its sales...
Nautilus, the American fitness equipment company, said that its sales should have reached about $65.0 million for the quarter until the end of December last year, based on preliminary results. This amounts to an increase of about 8 percent from the same quarter in 2011, driven by the company's own ...
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Columbia Sportswear blamed the mild winter in North America, wariness...
Columbia Sportswear blamed the mild winter in North America, wariness among consumers and abundant discounts for weaker-than-expected sales and earnings in the fourth quarter of last year. The company predicted in October that its quarterly sales could increase by up to 1.5 percent, but it now expects that they will ...
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Bauer Performance Sports lifted its sales by 9 percent to...
Bauer Performance Sports lifted its sales by 9 percent to $109.6 million for the three months until the end of November, which was a rise of 10 percent in constant currencies. It was aided by the acquisitions of Cascade Helmets, a maker of lacrosse helmets bought in June; and Inaria ...
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The NPD Group reports that online sales accounted for about...
The NPD Group reports that online sales accounted for about one-third of the growth of the French sports footwear and apparel market in value for the 12 months until the end of September 2012. Online sales expanded by 9 percent for the period, while sales in stores inched up by ...
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The latest trade statistics from China indicate a reversal in...
The latest trade statistics from China indicate a reversal in the shrinkage of the country's trade surplus. After three years of decline, the surplus apparently went up by more than 50 percent to the equivalent of $231 billion in 2012, thanks in particular to a strong rebound of the export flow ...
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India's cotton industry will see a drop in exports in...
India's cotton industry will see a drop in exports in the current year, according to figures from the U.S. Department of Agriculture as well as the Cotton Association of India. The U.S. agency foresees a 60 percent decline to 5.7 million bales of cotton. While a drop, that is still ...
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Mike Ashley and Stephen Rubin are the only two Europeans...
Mike Ashley and Stephen Rubin are the only two Europeans on SGI's global list of the top 10 tycoons in sporting goods. The majority shareholder of Sports Direct International ranks fifth, with an estimated worth of $2.5 billion. Two slots further down is Rubin of the Pentland Group, with $1.6 ...
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Herbert Hainer, chief executive of the Adidas Group, said in...
Herbert Hainer, chief executive of the Adidas Group, said in an interview with Süddeutsche Zeitung in the last week of 2012 that the company would reach sales of more than €14.5 billion for the year. This would represent an increase of more than 9 percent compared with 2011. The company ...
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Head boasts that its U.S. racquet sports business, Head Racquet...
Head boasts that its U.S. racquet sports business, Head Racquet Sports USA, achieved its best-ever results last year. The company said that the Head and Penn brands both managed double-digit sales hikes, even though they already had a strong share in the U.S. market at the start of 2012. Head ...
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Rip Curl reports a slightly improved operating profit on a...
Rip Curl reports a slightly improved operating profit on a 15 percent increase in its global sales to more than 400 million Australian dollars (€320m-US$258m) for the financial year ended last June 30. A big drop in Europe was compensated by sales growth in other parts of the world. Notably, double-digit ...
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The share of skiers who wore helmets in Switzerland during...
The share of skiers who wore helmets in Switzerland during the winter 2011/12 winter season increased to 84 percent, up from 81 percent in the previous season. It reached the same ratio already achieved among snowboarders. The ratio went up to 94 percent among children, but it also grew among ...
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After five months of excellent growth in the Swedish sporting...
After five months of excellent growth in the Swedish sporting goods industry, sales slowed somewhat in October. Though positive, sales growth was only 2.1 percent in October when compared with the same month last year, according to Sweden's HUI Research. The accumulated sales growth for 2012 through October was 7.5 ...
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Sonae Group, the Portuguese retail conglomerate over the Sport Zone...
Sonae Group, the Portuguese retail conglomerate over the Sport Zone chain, reported an improved adjusted Ebitda margin of 11.1 percent for the first nine months of this year, but the net profit attributable to shareholders declined by 24 percent to €64 million. Operating results improved in the third quarter thanks ...
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Herbert Hainer, chief executive of the Adidas Group, said in...
Herbert Hainer, chief executive of the Adidas Group, said in an interview with Welt am Sonntag that the company would surpass sales of €1 billion in Russia and the former CIS countries this year. This means that the group is one year ahead of targets that called for this level ...
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Accell Group, the Dutch company that owns a dollop of...
Accell Group, the Dutch company that owns a dollop of bicycle and fitness brands, said that the pleasant weather this summer enabled it to increase its turnover in the third quarter. The rise was also aided by the acquisition of the Raleigh Cycle Group and its Diamondback brand in April, ...
