News Briefs – Page 445
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News briefs
Wintersteiger reports a record total turnover for 2017 of €154...
Wintersteiger reports a record total turnover for 2017 of €154 million and intends to continue its rapid double-digit growth through both partnerships and acquisitions. The machinery and ski service specialist from Ried im Innkreis in Austria increased its annual sales by 10 percent, and its pre-tax profits rose by 30 ...
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News briefs
As a group, Fila Korea saw its consolidated net earnings...
As a group, Fila Korea saw its consolidated net earnings decline by 65 percent to 108.1 billion won (€82.2m-$101.6m) last year as sales jumped by 169 percent to KRW 2,530 billion (€1.9bn-$2.4bn) because of the integration of Acushnet's results. As a stand-alone operation, Fila booked net income of KRW 34.7 billion (€26.4m-$32.6m) for ...
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News briefs
Giant Manufacturing posted a 33 percent drop in net income...
Giant Manufacturing posted a 33 percent drop in net income to 82.05 billion Taiwan dollars (€2.3bn-$2.8bn) for last year because of adverse foreign exchange rates and pricing pressure from OEM clients. Total revenues declined by 3.5 percent to NT$55.2 billion (€1.5bn-$1.9bn), but they were flat in local currencies. The production also ...
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News briefs
Johnson Health Tech suffered a net loss of 89.7 million...
Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...
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News briefs
Nike remains the world's most valuable fashion brand, according to...
Nike remains the world's most valuable fashion brand, according to Brand Finance. H&M and Zara come next, followed by Adidas, Hermès and Louis Vuitton. While Nike's estimated brand value is down by 12 percent to $28.0 billion as compared to a year ago Adidas' brand value is up by 41 ...
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News briefs
The share of mind among U.S. teenagers has increased strongly...
The share of mind among U.S. teenagers has increased strongly for shoe and apparel brands such as Adidas, Vans, Champion, Lululemon and Supreme, according to a semi-annual survey conducted by Piper Jeffray this spring among 6,000 people with an average age of 16.4 years. Nike, Converse and Under Armour lost ...
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News briefs
After rising by 4.4 percent in 2016, memberships in health...
After rising by 4.4 percent in 2016, memberships in health and fitness clubs grew by 4.0 percent to 60.0 million in 2017 as compared to 2016, according to an annual report released by Europe Active and Deloitte ahead of the Fibo trade show in Cologne. Germany continued to strengthen its ...
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News briefs
After weak Christmas sales, which were due to high pressure...
After weak Christmas sales, which were due to high pressure during the Black Friday promotion, the sale of sporting goods in Sweden jumped by 7 percent in January. The main reason for was the abundant snow and the cold weather throughout the country, which motivated higher than average purchases of ...
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News briefs
According to Virke, the Enterprise Federation of Norway, the Norwegian...
According to Virke, the Enterprise Federation of Norway, the Norwegian sporting goods industry has grown by 41 percent in the period of 2008 to 2016, and it can expect to grow by a further 4 percent in 2018 in terms of sales to the trade. At the retail level, sales ...
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News briefs
The Norwegian Alpine Ski Area Association reports an average increase...
The Norwegian Alpine Ski Area Association reports an average increase of 15 percent in the sale of tickets by ski lift operators for the whole snow sports season through Feb. 28. The season started early in November and persisted through the winter. In contrast with previous seasons, all the regions ...
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News briefs
Total sales of electric bicycles, e-MTBs and speed pedelecs in...
Total sales of electric bicycles, e-MTBs and speed pedelecs in Germany, France, Italy and the Netherlands – the four main markets in Europe - increased by a combined 21 percent in 2017, according to reports in Bike Europe. France showed the biggest increase in the group, with figures up by ...
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News briefs
A sigh of relief spread through U.S. sporting goods industry...
A sigh of relief spread through U.S. sporting goods industry and market after the government of Donald Trump announced punitive duties on imports from China that spared the footwear and clothing sectors. However, market operators in Russia are expecting price increases of about 10 percent in the coming months due ...
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News briefs
Afydad, the Spanish sporting goods industry association, will try to...
Afydad, the Spanish sporting goods industry association, will try to recruit retailers as members and the leadership of its new president, Andrès de la Dehesa, who is an expert in the digital interaction between brands and retailers through his cloud-based platform, Sportmas. Officials of Nike and Sprinter are already sitting ...
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News briefs
Wolfgang Mayrhofer, the 57-year-old managing director of Atomic Austria, has...
Wolfgang Mayrhofer, the 57-year-old managing director of Atomic Austria, has again become the spokesman for the Austrian ski industry in the country's woodworking industry federation. He succeeds Franz Föttinger, the chief executive of Fischer Sports, which had held this role since 2012. Mayrhofer already represented the sector between 2008 and ...
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News briefs
Adidas Originals has launched a footwear franchise for women, the...
Adidas Originals has launched a footwear franchise for women, the Arkyn, with a technical mesh upper in a sock-like construction, a neoprene heel and unorthodox lacing system, a Boost midsole, a rubber outsole and three-stripe branding. The company says the Arkyn W provides a fresh perspective on streetwear, while drawing ...
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News briefs
Asics is partnering with Eurosport as the broadcast sponsor of...
Asics is partnering with Eurosport as the broadcast sponsor of an exclusive TV series aiming to promote an active lifestyle. The series is entitled “Beyond Champions: Moving Stories of Great Athletes,” and will be broadcast across 54 markets on Eurosport 1 and Eurosport 2. It will feature seven top athletes ...
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News briefs
361 Degrees Europe, the European entity for the Chinese sports...
361 Degrees Europe, the European entity for the Chinese sports footwear and apparel company, is forming a group of runners who will act as ambassadors for a campaign titled “Beyond Expectations.” They form an eclectic mix of runners who share their stories of enthusiasm, commitment and optimism, aligned with the ...
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News briefs
Puma has teamed up with Gianmarco Tamberi, the world indoor...
Puma has teamed up with Gianmarco Tamberi, the world indoor and European high jump champion from Italy. Tamberi was described by the sports company as an athlete with a charismatic persona and a hustler style, aligned with Puma's brand identity. Hustler is the term that has been used by Puma ...
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News briefs
Craft Sportswear and Spartan have announced a global multi-year partnership,...
Craft Sportswear and Spartan have announced a global multi-year partnership, which makes Craft the official performance apparel and footwear of the Spartan Race, the world's largest obstacle race and endurance brand. The agreement will see the two brands developing the first high-performance technical apparel for Obstacle Course Racing (OCR), a ...
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News briefs
Kjus has announced the addition of Elias Ambuehl to its...
Kjus has announced the addition of Elias Ambuehl to its athlete team. The 25-year-old Swiss is considered one of the best freestyle skiers in the world. At the age of 18, he won his first medal on the occasion of the Winter X Games, the annual event for extreme sports ...
