More Consumer News – Page 60
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The New Wave Group's sports and leisure unit saw its...
The New Wave Group's sports and leisure unit saw its sales decline by 13 percent, excluding acquisitions, during the third quarter ended Sept. 30, but the group's management indicated that it is “developing well” in spite of the poor economic climate. The unit comprises Craft and Cutter&Buck, along with smaller ...
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Descente reported that sales for the fiscal second quarter ended...
Descente reported that sales for the fiscal second quarter ended Sept. 30 were up by 11.3 percent to 26.1 billion yen (€245.2m-$317.3m), compared with the year-ago period. The gross margin achieved by the Japanese apparel company improved by 0.6 percentage points to 51.0 percent of sales for the quarter, against ...
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Net income fell by 30 percent at Yonex to 220...
Net income fell by 30 percent at Yonex to 220 million yen (€2.1m-$2.7m) in the second quarter ended Sept. 30. Operating income was down by 48 percent to ¥434 million (€4.1m-$5.3m) on 2 percent lower revenues of ¥19.6 billion (€184.2m-$238.3m). The Japanese badminton specialist is forecasting revenues of ¥38.3 billion ...
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News briefs
Sales of sporting goods in Switzerland declined by 3 percent...
Sales of sporting goods in Switzerland declined by 3 percent in the third quarter, and Swiss retailers are predicting an overall sales decline of 2 percent for the full year, according to a survey conducted by Schweizer Sport & Mode. The results remain extremely diversified, with some stores performing satisfactorily ...
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News briefs
The proportion of French people practicing at least one physical...
The proportion of French people practicing at least one physical or sports activities has risen to 87 percent of the total population from 84 percent ten years ago, according to a major survey conducted by the French sporting goods retailers' federation, FPS, through Ipsos. Among the various sports activities, running, ...
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News briefs
Intersport Finland booked an increase in revenues of 8.9 percent...
Intersport Finland booked an increase in revenues of 8.9 percent to €46 million for the third quarter ended Sept. 30. Its parent company, Kesko, said that its newly acquired Intersport Russia operation had a poor level of profitability on revenues of €6 million during the same period. While Finnish Intersport ...
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News briefs
Galeria Kaufhof reported sales of €2.1 billion for the first...
Galeria Kaufhof reported sales of €2.1 billion for the first nine months ended Sept 30, up slightly by 0.1 percent from the year-earlier period. In the third quarter alone, the revenues of the German department store chain, which also runs 13 Sportarena stores and a fistful of specialty outdoor shops, ...
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K-Swiss reported a big 16 percent drop in revenues to...
K-Swiss reported a big 16 percent drop in revenues to $67.7 million for the third quarter, as compared to one year ago, as a 4 percent increase in the lifestyle segment was offset by a 47 percent drop in the performance sector. However, forward orders were down by only 8.6 ...
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News briefs
Under Armour raised its total revenues by 23.6 percent to...
Under Armour raised its total revenues by 23.6 percent to $575.2 million in the third quarter. Its revenues outside the U.S. declined by 2.3 percent and remained relatively marginal at $32.1 million, but they grew by 18 percent including the sale of shoes to the company's Japanese licensee, Dome. Licensing ...
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News briefs
Dorel Industries, the company that owns bike brands such as...
Dorel Industries, the company that owns bike brands such as Cannondale, GT, Mongoose and Schwinn, reports a 9.1 percent sales increase to $229.0 million for its recreational & leisure segment, thanks in part to the timing of shipments to the mass market. On an organic and currency-neutral basis, the segment's ...
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News briefs
Nautilus reported sales of $38.1 million in the third quarter,...
Nautilus reported sales of $38.1 million in the third quarter, an increase of 1.7 percent from the same quarter in 2011. The gross margin improved by 6.5 percentage points to 48.7 percent, primarily due to higher direct sales of high-margin products. Net income improved to $1.0 million, including a loss ...
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News briefs
Skullcandy has lowered its projections for the current financial year...
Skullcandy has lowered its projections for the current financial year due to uncertainty in Europe and increasing promotional activity leading into the holiday season. Nevertheless, the company's sales went up by 17.1 percent to $71.0 million in the third quarter ended Sept. 30. The gross margin improved to 48.0 percent ...
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News briefs
In terms of purchasing power, China's GDP is projected to...
In terms of purchasing power, China's GDP is projected to surpass that of the Eurozone in a year or so, according to a new report by the Organisation for Economic Co-operation and Development (OECD). It should become the world's largest economic power by 2016, overtaking the U.S. Even more strikingly, ...
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News briefs
Life Fitness and other elements of Brunswick Corporation's fitness unit...
Life Fitness and other elements of Brunswick Corporation's fitness unit suffered a 3 percent decline in revenues to $151.9 million for the third quarter ended Sept. 29, as increases in sales to health clubs and to consumers in North America were offset by a drop of 4 percent in the ...
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Cybex International swung to profit in the third quarter reporting...
Cybex International swung to profit in the third quarter reporting net income of $1.08 million, compared with a loss of $278,000 for the corresponding period last year. The U.S. producer of exercise equipment had sales of $34.4 million, up from $33.5 million a year ago. For the nine months ended ...
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Skechers USA has reported net sales for the third quarter...
Skechers USA has reported net sales for the third quarter of $429.4 million, up by 4.2 percent from the year-ago period, driven by strength in its domestic wholesale division, company-owned retail stores and international distributors. The international subsidiaries division was the only channel which did not increase during the quarter, ...
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News briefs
For the first time in 65 years, Italians bought more...
For the first time in 65 years, Italians bought more bicycles than cars in 2011, evidently reacting to the economic problems in their country and sharply inflated gasoline prices, which have become higher than in many other parts of Europe. A total of 1,750,000 bikes were reportedly sold in Italy ...
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Bauer Performance Sports has announced a 10-year global initiative designed...
Bauer Performance Sports has announced a 10-year global initiative designed to raise hockey participation by an extra one million players, on top of current participation growth projections, by 2022. The first phase, which was announced at the annual Bauer World event early in October, will consist of a Canadian research ...
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News briefs
August marked the first month of 2012 that bicycle sales...
August marked the first month of 2012 that bicycle sales in the Netherlands increased. GfK's Retail and Technology Panel found that, compared with August 2011, sales were up by 4 percent. The average price rose by 7 percent. The boost was attributed partly to August's weather, which had 25 more ...
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British high-street retailers are bouncing back, according to September figures...
British high-street retailers are bouncing back, according to September figures from a national accountancy firm, BDO. Comparable sales grew by 3.5 percent that month, in part thanks to heavy storms at the end of the month that prompted consumers to buy winter clothing. Fashion alone grew by 3 percent. Last ...
