More Consumer News – Page 61
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Yue Yuen Industrial Holdings posted net consolidated operating revenues down...
Yue Yuen Industrial Holdings posted net consolidated operating revenues down by 4 percent to $572.5 million in the quarter ended Sept. 30. Cumulative net operating revenues for the nine months were $5.38 billion, flat with the first three quarters of 2011. A major producer of athletic footwear for western brands, ...
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Interbrand has released the 2012 edition of its Best Global...
Interbrand has released the 2012 edition of its Best Global Brands report, which provides a ranking of the world's 100 most valuable brands on an annual basis. This year, Nike has moved down to the 26th spot from the 25th one in 2011, with a brand value estimated at $15,126 ...
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Sportsbransjen, the organization of the Norwegian sports industry, estimates that...
Sportsbransjen, the organization of the Norwegian sports industry, estimates that the country's sporting goods sales inched up by 1.8 percent for the first half of the year, despite a drop in sales during the second quarter. Due to the early spring weather, sales of summer products already started in March, ...
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According to a report from the Asian Development Bank (ADB),...
According to a report from the Asian Development Bank (ADB), Asia will face a significant slowdown in its economic growth over the current year and the following one. Its new study suggests that the region's overall gross domestic product will go up by only 6.1 percent this year and by 6.7 percent ...
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Chinese sportswear brands are expected to be the first to...
Chinese sportswear brands are expected to be the first to recover from the current downturn in the economy. According to a recent research report by UBS, the sportswear segment could be one of the first discretionary consumption segments to emerge from the crisis, as an industry-wide restructuring would address issues ...
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Sonae Group, the Portuguese company that owns the Sport Zone...
Sonae Group, the Portuguese company that owns the Sport Zone chain and many other retail operations in other sectors, has announced a 44 percent drop in net earnings to €20 million for the first half of this year, although its operating profit declined by only 3 percent to €87 million. ...
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Manchester United's income fell by 3.3 percent to £320.3 million...
Manchester United's income fell by 3.3 percent to £320.3 million (€401.9m-$519.8m) for the year ending June 30, mainly due to the team's failure to emerge from the group stage of last season's Champions League and a disappointing FA Cup challenge, which ended in the fourth round and resulted in reduced ...
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Real Madrid has closed the 2011-12 fiscal year with income...
Real Madrid has closed the 2011-12 fiscal year with income totaling €514 million, up by 7 percent from the previous period. It is the first international sports institution ever to cross the symbolic bar of €500 million. The club has topped the list of the wealthiest clubs, established by Deloitte, ...
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An estimated 19 percent of the youngsters in the four...
An estimated 19 percent of the youngsters in the four major European countries buy clothing in sporting goods stores frequently, while 49 percent visit them from time to time, and 28 percent never do, according to a survey commissioned by the Institut Français de la Mode (French Fashion Institute or ...
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The Chinese sporting goods market should grow by nearly 13...
The Chinese sporting goods market should grow by nearly 13 percent this year to reach a level estimated at 135 billion yuan renmimbi (€16.54bn-$21.29bn), according to the Yano Research Institute. The Japanese market research firm said that health-conscious members of China's white-collar working class in their 20s and 30s continue ...
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The global market for ski hardware went up in the...
The global market for ski hardware went up in the 12 months ended in March 2012 thanks to a high rise in preorders from North American, Russian and Asian distributors, according to the annual Ski Market Study compiled by Fesi, the European sporting goods industry federation. These increases offset disappointing ...
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The French cycling industry has gone through a rough patch...
The French cycling industry has gone through a rough patch in the first half, in contrast with the first six months of 2011. Bicycle sales have diminished by 6.5 percent, although results were different depending on the segment. Sales for urban bikes actually rose by 3.5 percent, favored by the ...
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Snowboard Dachstein Tauern, the Austrian company behind Blue Tomato taken...
Snowboard Dachstein Tauern, the Austrian company behind Blue Tomato taken over by Zumiez of the U.S., made a turnover of €24.5 million in the financial year ended last April 30, according to a report by its auditor, KPMG Austria. It made an operating profit (Ebit) of €4.7 million and ended ...
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Collective Brands, which owns Saucony and a mix of other wholesale...
Collective Brands, which owns Saucony and a mix of other wholesale and retail operations related to footwear, reports much improved income on nearly flat sales for the second quarter of its fiscal year, ended July 28. Its net profit reached $11.5 million, compared with a loss of $33.3 million in the same period last ...
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Wolverine Worldwide says it will likely record a double-digit drop...
Wolverine Worldwide says it will likely record a double-digit drop in its European sales during the current third quarter of its financial year. Sales in the Europe, Middle East and Africa region, which account for about one-quarter of the group's total revenues, have been affected by dodgy weather and economic ...
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The world's largest shoe manufacturer reported revenues up 7.3 percent...
The world's largest shoe manufacturer reported revenues up 7.3 percent to $5.56 billion for the nine months ended June 30. Yue Yuen's shoe manufacturing turnover grew by 5.7 percent to $3,892.8 million, driven by sales increases for athletic shoes and casual/outdoor shoes of 5.7 percent and 5.0 percent, respectively. Sales ...
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Yonex reported a slight 1.4 percent sales increase for the...
Yonex reported a slight 1.4 percent sales increase for the first quarter ended June 30 to 9.5 billion yen (€92.3m-$121.1m). The gross margin fell by 0.5 percentage points to 41.5 percent. The net loss for the quarter rose to ¥55 million (€534,230-$700,860) from ¥39 million in the corresponding period a ...
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Descente posted a loss of 95 million yen (€922,760-$1.2m) for...
Descente posted a loss of 95 million yen (€922,760-$1.2m) for the first quarter ended June 30, compared with a net profit of ¥14 million in the year-ago period, when it benefited from tax adjustments. Sales grew by 4.4 percent to ¥17.2 billion (€167.1m-$219.2m) in the quarter, and the gross margin ...
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Net profit increased by 13 percent at Globeride to ¥1,068...
Net profit increased by 13 percent at Globeride to ¥1,068 million (€10.4m-$13.6m) for the first quarter ended June 30 on 9 percent higher sales of ¥15.9 billion (€154.4m-$202.6m). Profits are expected to be down by 52 percent for the full year as sales growth should soften to 3.0 percent.
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Lacoste accelerated its growth in the first half of this...
Lacoste accelerated its growth in the first half of this year, rising by 25 percent, according to a report from the New York Fashion Week, thanks in particular to progress in Asia, South America and Russia, where the middle class is growing. In 2011, the French brand recorded a sales ...
