More Consumer News – Page 71
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News briefs
U.S. antitrust authorities are reportedly creating obstacles to Jarden Corporation's...
U.S. antitrust authorities are reportedly creating obstacles to Jarden Corporation's plans to increase its stake in the Rossignol Group. Meanwhile, Jarden reports that its Outdoor Solutions segment enjoyed a 25.3 percent increase in operating earnings to $50.0 million in the first quarter of 2011 on 10.3 percent higher sales of ...
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Crocs increased net income by 276.1 percent to $21.5 million...
Crocs increased net income by 276.1 percent to $21.5 million in the first quarter, lifted by a 36 percent increase in revenues to $226.7 million. The group booked strong sales growth in all distribution channels and geographies. Wholesale revenues increased by 36.9 percent to $164.6 million, retail by 32.5 percent ...
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News briefs
Nautilus reported a net profit of $1.6 million in the...
Nautilus reported a net profit of $1.6 million in the first quarter against a loss of $7.8 million in the same period a year ago. Sales increased by 5.8 percent to $48.3 million, with the direct-to-consumer business up by 24 percent to $30.3 million. Retail sales rose by 6.5 percent ...
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News briefs
Represented mainly by Life Fitness, the fitness segment of Brunswick...
Represented mainly by Life Fitness, the fitness segment of Brunswick Corporation recorded operating profit of $23.4 million in the first quarter on 31 percent higher sales of $156.4 million. Sales outside the U.S. grew by 40 percent to an implied $86.0 million.
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News briefs
Cybex reported net profit of $379,000 in the first quarter,...
Cybex reported net profit of $379,000 in the first quarter, against a loss of $753,000 one year prior. Revenues rose by 19 percent to $31.0 million and gross margins went up by 0.1 percentage points to 36.3 percent.
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News briefs
The Spanish sports footwear brand Munich recorded growth in sales...
The Spanish sports footwear brand Munich recorded growth in sales by 22 percent in 2010. With the help of a very strong performance by the company's corporate stores, Munich achieved total sales of €28 million in 2010. The company owns 10 corporate stores in Spain, three of them opened during ...
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News briefs
Brooks Sports is targeting sales of $300 million in 2011...
Brooks Sports is targeting sales of $300 million in 2011 after a sales increase of 21 percent in 2010 to $190 million and a strong order backlog. Orders are up by 37 percent for U.S. footwear, 42 percent for U.S. apparel, 50 percent from the EMEA (Europe, Middle East & ...
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News briefs
Oakley's sales of optical products grew by 11 percent in...
Oakley's sales of optical products grew by 11 percent in the first quarter worldwide, with particularly strong progress in the buoyant North American market. The brand has just opened a store in Times Square in New York, which is visited by an estimated 26 million people each year. The store ...
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News briefs
American Sporting Goods increased sales by 31.5 percent to $231.7...
American Sporting Goods increased sales by 31.5 percent to $231.7 million in 2010, while gross profit grew to $87.6 million from $63.0 million and net income rose to $15.0 million from $0.4 million. The company was acquired by Brown Shoe Company on Feb. 17. Its brands include Avia, Ryka and ...
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News briefs
The French sporting goods market fell by around 2 percent...
The French sporting goods market fell by around 2 percent in the first quarter of this year, according to an estimate by FPS, the French sporting goods retailers' federation. While they had grown by 17 percent in November and by 2 percent in December year-on-year, the retailers' sales declined by ...
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News briefs
The revenues of Euretco Sport, the Dutch buying group behind...
The revenues of Euretco Sport, the Dutch buying group behind Sport 2000, Runnersworld and the Sport Point partnership, crept up by 0.1 percent last year. The Euretco buying group reported that its sports unit had performed better than its interior decoration business, but not as well as its fashion division, ...
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News briefs
After a sudden dip in January, Swedish sport retail increased...
After a sudden dip in January, Swedish sport retail increased in February. In current prices, sales increased by 0.2 percent in comparison with February 2010. In constant prices, sales volume increased by 2 percent compared with February 2010. This means that sport sales in constant prices so far have decreased ...
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News briefs
Hervis Sport, one of the leading Austrian retail chains for...
Hervis Sport, one of the leading Austrian retail chains for sporting goods, increased its sales by 7.3 percent last. The company, which is a subsidiary of Spar, reached total sales of €461 million after VAT. In 2010, it opened 10 new stores, four in Austria and six in other countries. ...
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News briefs
Swix Sport Group experienced a 42 percent boost in sales...
Swix Sport Group experienced a 42 percent boost in sales last year to 581 million Norwegian kroner (€73.7m-$104.0m), compared with 410 million NOK in 2009. The company reported an operating profit before amortization (Ebitda) of 73 million Norwegian NOK (€9.2m-$13.1m), up from 44 million NOK in 2009. Changes such as ...
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News briefs
After eight economically unstable years, Dale of Norway group experienced...
After eight economically unstable years, Dale of Norway group experienced positive turnover growth in 2010. The operating profit was 6.9 million Norwegian kroner (€73.7m-$104.0m), about 11.5 million NOK more than in 2009. The turnover was 91.2 million NOK (€11.6m-$16.3m), of which about two-thirds was sold outside Norway. Continued growth is ...
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News briefs
Bertel O. Steen says its Viking Fottøy subsidiary turned around...
Bertel O. Steen says its Viking Fottøy subsidiary turned around to a profit of 26 million Norwegian kroner (€3.3m-$4.7m) last year from a loss of 22 million NOK in 2009. The turnover reached 340 million NOK (€43.1-$60.9m), of which almost 30 percent was represented by sales to sports retailers. The ...
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News briefs
BasicNet nearly halved its 2010 net profit to €8.5 million...
BasicNet nearly halved its 2010 net profit to €8.5 million from 16.5 million a year earlier despite stronger, sales as operating profits were hit by the company's decision to step up its investments, which were €10 million higher than a year earlier, and to limit price increases in order to ...
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News briefs
Derby Cycle forecast that its sales will rise to at...
Derby Cycle forecast that its sales will rise to at least €200 million in the fiscal year ending Sept. 30, 2011 from €173.2 million a year earlier. The German company sees its Ebit margin reaching 7-8 percent against 7.0 percent.
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News briefs
Li & Fung booked a 27 percent increase in full-year...
Li & Fung booked a 27 percent increase in full-year profits to HK$4.28 billion (€390.0-$549.0m) thanks to a 19 percent rise in turnover to HK$124.10 billion (€11.3bn-$15.9bn). The core operating profit of the Hong Kong-based sourcing group rose by 42 percent to HK$5.66 billion (€515.7m-$726.0m), which was largely due to ...
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News briefs
Orange 21, the parent company of Spy Optic, increased its...
Orange 21, the parent company of Spy Optic, increased its net loss to $4.6 million in 2010 from $3.4 million a year earlier. The bottom line was affected by a $1.4 million loss following the sale of a 90 percent stake in the Italian eyewear manufacturer LEM and an additional ...
