More Consumer News – Page 62
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El Corte Inglés reported a 3.9 percent drop in its...
El Corte Inglés reported a 3.9 percent drop in its total revenues to €15.77 billion for the financial year ended last Feb. 28. Operating earnings before amortization fell by 18.8 percent to €826 million, and net earnings declined by 34 percent to €210 million. Department store sales fell by 4.2 ...
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Volcom's sales totaled €54.0 million and were up by 12.6...
Volcom's sales totaled €54.0 million and were up by 12.6 percent on a comparable basis, according to its parent company, PPR Group. The brand also enjoyed a sharp improvement in operating profits during the quarter.
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The Sports & Leisure unit of the New Wave Group,...
The Sports & Leisure unit of the New Wave Group, including the Craft and Cutter & Buck brands along with licenses for Speedo and Umbro, lifted its sales by just 3 percent excluding acquisitions in the second quarter of this year. The unit still ended the quarter with sales of ...
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The European branch of Brooks Sports reached sales of some...
The European branch of Brooks Sports reached sales of some €27 million in the first six months of the current year, which corresponds to an increase of 33 percent. The Münster-based subsidiary covers 23 countries in the EMEA region (Europe, Middle East, Africa). For the entire year, the EMEA operations ...
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France's sporting goods market has resisted the general economic slowdown...
France's sporting goods market has resisted the general economic slowdown better than other consumer goods sectors. According to the latest data by NPD Group, sales of sports shoes and sports-inspired footwear grew by 1 percent in value year-on-year in the first six months of this year, while those of active ...
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According to the HUI research institute, retail sales of sporting...
According to the HUI research institute, retail sales of sporting goods in Sweden during the month of April were off by 5.5 percent when compared with the same period last year. In May, sales increased by 2.5 percent, and in June, they rose by 11 percent. Thus, for the ...
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Runners Point's sales surged by 20.9 percent in the first...
Runners Point's sales surged by 20.9 percent in the first six months of this year, with a 14.4 percent increase on a same-store basis. E-commerce was a major driver, up by 87.2 percent to €11.6 million for the period. Sidestep, the German sporting goods retailer's sports lifestyle chain, booked increases ...
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Skechers said it is growing through its own retail stores...
Skechers said it is growing through its own retail stores and in its new performance division. However, its total revenues went down to $384.0 million the second quarter from $434.0 million in the year-ago period. As the cleanup of its inventories of toning shoes is now substantially completed, the net ...
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News briefs
The fitness segment of Brunswick Corp., consisting essentially of Life...
The fitness segment of Brunswick Corp., consisting essentially of Life Fitness and Hammer Strength, grew by only 1 percent in the second quarter to $143.3 million. Sales outside the U.S. represented 48 percent of this amount and declined by 7 percent. Strong U.S. sales were partially offset by a decline ...
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Cybex International's net sales were down to $30.8 million in...
Cybex International's net sales were down to $30.8 million in the second quarter from $32.6 for the corresponding period in 2011, and its gross margin slid by 4.4 percentage points to 29.4 percent. The U.S. fitness equipment company reported a net loss of $1.2 million, a worsening from a net ...
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The two major British sporting goods retailers are likely to...
The two major British sporting goods retailers are likely to get a little boost from the Olympics in London, according to Verdict Research. Sports Direct's share of the total U.K. clothing market is predicted to increase by 0.2 percentage points to 1.8 percent, and its share of the footwear market ...
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The community of Navarre, in northern Spain, has released the...
The community of Navarre, in northern Spain, has released the findings of its campaign “Juega, come y diviértete on Tranqui” (Play, eat and have fun with Tranqui), devoted to fighting childhood obesity. Data show that the number of overweight children in the territory has gone down by 17 percent since ...
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Italy's largest sporting goods retailer, Cisalfa Sport, has nothing to...
Italy's largest sporting goods retailer, Cisalfa Sport, has nothing to say yet about a possible change in its ownership structure. Meanwhile, the company reports a 4.9 percent drop in its revenues to €370 million for the financial year ended last February, excluding the revenues from Intersport Italia, which is controlled ...
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Activinstinct, the British online sporting goods retailer, said today that...
Activinstinct, the British online sporting goods retailer, said today that its customers in the U.K. have ordered nearly 40 percent more than a year ago so far into the month of July, indicating that the London Olympics may be boosting the business. Including sales to foreign customers, orders are up ...
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Golfsmith announced a 12 percent increase in group revenues to...
Golfsmith announced a 12 percent increase in group revenues to $146.0 million in the second quarter ended June 30, compared with net revenues of $130.2 million for the same period of fiscal 2011. Comparable store sales went up by 4.7 percent, but the company registered a 4.8 percent decrease in ...
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Descente's net income improved by 18.2 percent for the financial...
Descente's net income improved by 18.2 percent for the financial year ended March 31 to 3,045 billion (€31.6b-$38.5b), as revenues grew by 8 percent to 83.03 billion 83.03 (€862.6m-$1,050.0m). The gross margin rose to 48.70 percent from 47.55 percent.
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Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m)...
Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m) for the financial year ended March 31. Net income improved by 75.39 percent to 2.62 billion (€27.2m-$33.1m). The gross margin for the Japanese company, which is mainly engaged in the manufacture and sale of sports apparel, dropped from 41.44 percent ...
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Peak Sport Products issued a profit warning, saying that it...
Peak Sport Products issued a profit warning, saying that it expects full-year net profit to drop considerably against the previous year. The Chinese sportswear firm attributed the decline to the challenging economic conditions in its domestic market and an industry-wide inventory correction. The company added that it is still in ...
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Yue Yuen saw its sales increase by 9.5 percent to...
Yue Yuen saw its sales increase by 9.5 percent to $3.61 million for the first half of the year. The company's turnover in shoe manufacturing was up by 9.4 percent to $2.56 billion, driven by China and South American markets, even though its shoe manufacturing volume declined by 1.2 percent ...
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News briefs
The sell-in figures for the outdoor trade in Europe were...
The sell-in figures for the outdoor trade in Europe were still quite positive in 2011, according to the first indications from the European Outdoor Group's research panel, with interesting differences from one country to the other. However, according to the NPD's consumer panel, the European outdoor market fell by 1 ...
