News Briefs – Page 498
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News briefs
Sportamore, the Swedish online sports retailer, reports that its sales...
Sportamore, the Swedish online sports retailer, reports that its sales soared by 29 percent to 701.6 million Swedish kronor (€73.5m-$78.4m) last year. The group achieved an operating profit (Ebitda) of SEK 19.5 million (€2.0m-$2.2m), while the figure was negative at SEK 36.4 million in 2015. Ebitda became profitable in Sweden ...
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Airesis, the Swiss holding company that owns majority stakes in...
Airesis, the Swiss holding company that owns majority stakes in Le Coq Sportif and the Movement Group, reports that the French brand's sales increased by 7 percent to €108 million last year, up from €101 million in 2015. This was slightly below the earlier forecast of about €111 million, which ...
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The integration of Oakley into Luxottica's wholesale operations allowed the...
The integration of Oakley into Luxottica's wholesale operations allowed the group to improve its operating margins, but the management has indicated that a sales turnaround for the brand is not expected until the second half of this year. The measures taken at Oakley and other improvements in efficiency led the ...
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Berkshire Hathaway reports that sales of its apparel and footwear...
Berkshire Hathaway reports that sales of its apparel and footwear brands, which include Russell Athletics and Brooks, declined by 1.9 percent last year. This was equivalent to $81 million, reflecting lower footwear sales and a divestment by Fruit of the Loom in 2015, the investment group notes in its annual ...
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News briefs
Yonex' growth slowed down in the third quarter to Dec....
Yonex' growth slowed down in the third quarter to Dec. 31 as its sales rose by only 5 percent to 13.9 billion yen (€114.3m-$121.0m), due in large part to the deceleration of the Japanese economy. Currency pressure hurt the company's results in North America and Europe. The gross margin fell ...
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News briefs
Goldwin booked a 13 percent rise in comprehensive net income...
Goldwin booked a 13 percent rise in comprehensive net income to 1,513 million yen (€12.4m-$13.2m) in the third quarter ended Dec. 31. Excluding special items, net earnings would have more than doubled to ¥4,099 million (€33.7m-$35.7m), due in particular to a gross margin that improved by 2.6 percentage points to 51.2 ...
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News briefs
Descente turned around to a net comprehensive profit of 1,993...
Descente turned around to a net comprehensive profit of 1,993 million yen (€16.4m-$17.4m) in the third quarter ended Dec. 31 from a loss of 591 million in the year-earlier period, but excluding extraordinary items in both periods, there was a drop in net income of 27 percent to ¥1,498 million (€12.3m-$13.0m). ...
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News briefs
Iconix Brands Group, owner of Umbro, Danskin, Starter, Pony and...
Iconix Brands Group, owner of Umbro, Danskin, Starter, Pony and other brands, saw its licensing revenues decline on a comparable basis by 7 percent to around $87.1 million in the fourth quarter of 2016 and by 2 percent to $368.5 million for the full year. The company suffered a higher ...
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News briefs
According to preliminary data from NPD, the consumption of sports...
According to preliminary data from NPD, the consumption of sports shoes and apparel grew by around 3 percent in volume and 4 percent in value during the rolling 12-month period ended last September in the five major European markets. Among the drivers, NPD mentions sales of women-specific products, which rose ...
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News briefs
Figures for the sale of sporting goods in Sweden presented...
Figures for the sale of sporting goods in Sweden presented by HUI Research show that January was one of the worst months in recent history. While retail sales as a whole increased by 2.6 percent in the country, sales of sporting goods fell by 10.6 percent as compared to the ...
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News briefs
According to a survey conducted by a Norwegian organization, Norsk...
According to a survey conducted by a Norwegian organization, Norsk Friluftsliv, four out of ten Norwegians were not planning on going skiing this winter. When the last survey was conducted two years ago, 55 percent stated that they had been skiing during the winter or had plans to do so. ...
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Decathlon is launching a new private label, Itiwit, for a...
Decathlon is launching a new private label, Itiwit, for a growing range of paddlesports products that it has been marketing under its Tribord brand. The name is inspired by the words “itinerary” and “inuits,” the Arctic tribes that introduced the kayak many centuries ago.
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News briefs
New Era has become the official and authentic provider of...
New Era has become the official and authentic provider of headwear for the McLaren-Honda Formula 1 team from the U.K. The U.S. company has developed a co-branded line of caps that will be available for sale as of this month on McLaren's website, at New Era stores and other selected ...
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News briefs
Billabong has released a collection of surf clothing and accessories...
Billabong has released a collection of surf clothing and accessories in collaboration with the Andy Warhol Foundation for the Visual Arts, featuring some of the late artist's iconic prints. The line was developed by the Billabong Lab, a collaborative project intended to bring the brand together with artists, musicians, designers, ...
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News briefs
Like Asics, Saucony and other brands of running shoes, Mizuno...
Like Asics, Saucony and other brands of running shoes, Mizuno has launched its own line of lifestyle sneakers. Called Mizuno 1906 after the year in which the Japanese brand was founded, the line has been created by Andrea Borgini, an Italian designer who worked with Philippe Model. The high-priced line ...
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News briefs
Nike and Adidas have both hit headlines in the last...
Nike and Adidas have both hit headlines in the last weeks with efforts to make shoes that help athletes to run a marathon in less than two hours. Adidas has been working on it with the Sub 2 program, leading to the launch of the Adizero Sub2 shoes used by ...
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News briefs
We aRe SpinDye, a two-year-old company from Stockholm, exhibited...
We aRe SpinDye, a two-year-old company from Stockholm, exhibited for the first time at Ispo Munich last month, occupying a prime location left from the shrinking of a neighboring booth. The company claims to reach greater accuracy in rendering any of 1,095 colors on polyester through a unique pigment recipe ...
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News briefs
Adidas has decided to put an end to its long-standing...
Adidas has decided to put an end to its long-standing relationship with Olympique de Marseille, an emblematic French football club. This comes after the club was sold last year by the widow of Robert Louis-Dreyfus, the former shareholder and chief executive of Adidas, to an American businessman, Frank McCourt. The ...
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After the end of the 2017/18 playing season, Umbro will...
After the end of the 2017/18 playing season, Umbro will replace Nike as the sponsor of the SV Werder Bremen team in the first division of the German Football League. The initial contract runs until the 2022/23 season. Nike had been the team's sponsor since 2009/10. Media reports indicate that ...
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News briefs
Luhta Sportswear Company obtained strong exposure as an international sponsor...
Luhta Sportswear Company obtained strong exposure as an international sponsor of the Nordic Ski World Championships, which were held in Lahti from February 22 until March 5. The company provided outfits under two of its brands, Icepeak and Luhta, for about 2,700 volunteers in the event's organization. The decision was ...
