News briefs – Page 24
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News briefs
Peter Cowgill, executive chairman of the JD Sports Fashion group,...
Peter Cowgill, executive chairman of the JD Sports Fashion group, told shareholders at their annual meeting earlier this week that the company has made a strong start for the first 19 weeks of its new fiscal year, started at the beginning of February. The company said it was still pleased ...
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News briefs
Sportshoes.com, an online sports footwear retailer based in Yorkshire, has...
Sportshoes.com, an online sports footwear retailer based in Yorkshire, has been ranked among the fastest-growing mid-market private companies in the U.K. The retailer is 30th in the ranking compiled by Investec, the banking and asset management group, based on annual percentage turnover growth over four years among companies with a ...
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News briefs
Direct Golf, the British golf retailer, says it continues to...
Direct Golf, the British golf retailer, says it continues to outperform the country's golf market with the ninth consecutive month of increasing turnover in May, compared with the same month one year earlier. Its sales soared by 39 percent in April and again jumped by 34 percent in May. Its ...
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News briefs
Bike Europe reports that exports of bicycles from Taiwan jumped...
Bike Europe reports that exports of bicycles from Taiwan jumped by 13.9 percent in volume to 1,475,000 complete bicycles for the first four months of this year. After several years of stagnation, the value of these exports advanced by 10.1 percent to $599 million, although the average value per exported ...
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News briefs
Sports Direct International (SDI) has provided employees and partners with...
Sports Direct International (SDI) has provided employees and partners with updates on its performance, which is ahead of market expectations for profits before tax and earnings per share. The company said that its underlying Ebitda is in line with expectations of £380 million. The company attributed the above-expectations earnings to ...
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News briefs
Intersport PSC reported a 16.7 percent drop in consolidated sales...
Intersport PSC reported a 16.7 percent drop in consolidated sales to 112.5 million Swiss francs (€108.9m-$118.7m) for the first six months of its financial year, ended on March 31, and its new management is forecasting a slight decline for the full year. However, the Intersport licensee for Switzerland enjoyed a ...
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News briefs
Some of the latest numbers from the NPD Group about...
Some of the latest numbers from the NPD Group about shares in the U.S. athletic footwear market indicate that Skechers has over taken Adidas as the second-largest sports footwear brand for the quarter ended in March. As reported by The Wall Street Journal, the NPD Group puts Skechers' market share ...
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News briefs
Skechers told the recent Citigroup investor conference that it expects...
Skechers told the recent Citigroup investor conference that it expects its sales in China to reach $150 million this year and is targeting an annual turnover of $500 million in the next four to five years. The management indicated that some major franchising agreements are in the works. It sees ...
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News briefs
Acushnet raised its sales by 1 percent to $416.2 million...
Acushnet raised its sales by 1 percent to $416.2 million in the first quarter. In constant currencies, they went up by 7 percent, with strong performance in the Europe, Middle East and Africa region as well as in the U.S., Canada, Australia and New Zealand.
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News briefs
The average number of golf rounds played in the U.K....
The average number of golf rounds played in the U.K. increased by 14 percent in the first quarter of this year, according to the latest findings by Sports Marketing Surveys (SMS). The research company already pointed to an encouraging stabilization in golf participation last year. The relatively mild temperatures and ...
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News briefs
Setting the record straight after some misleading reports, Intersport Spain...
Setting the record straight after some misleading reports, Intersport Spain says its retail turnover after VAT rose slightly to €250 million in 2014 from €248 million in the previous year. The number of stores rose to 271 after 18 new openings and 17 closures. Operating profits have been improving. Like ...
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News briefs
Forum Sport raised its sales by 1.98 percent to €107.1...
Forum Sport raised its sales by 1.98 percent to €107.1 million in 2014, generating a vastly improved pre-tax profit of €2.15 million. The Spanish sporting goods chain had been suffering sales declines in the previous two years.
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News briefs
Liberty Ventures said that revenues from its continuing e-commerce operations...
Liberty Ventures said that revenues from its continuing e-commerce operations grew by 1 percent to $276 million in the first quarter, led by increases of $10 million at Backcountry.com as well as at Bodybuilding.com. The adjusted operating profit on these operations increased to $29 million from $22 million in the ...
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News briefs
Fila Korea saw its operating income fall by 7 percent...
Fila Korea saw its operating income fall by 7 percent to 27.6 billion Korean won (€22.2m-$25.5m) in the three months ended March 31. Revenues went up by 8 percent to KRW 215.17 billion (€173.4m-$198.5m) during the period. The gross margin declined by 3.16 percentage points, down to 44.9 percent of ...
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News briefs
Goldwin, the Japanese ski and outdoor apparel company, reported a...
Goldwin, the Japanese ski and outdoor apparel company, reported a sales increase of 4.6 percent to ¥57.4 billion (€426.3m-$475.5m) for the fiscal year until the end of March. Goldwin, which distributes a mass of sports and outdoor brands in Japan, South Korea and other parts of Asia, reaped operating income ...
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News briefs
Yonex, which is gearing up to begin direct sales in...
Yonex, which is gearing up to begin direct sales in the Chinese market, reported a 48 percent increase in net income to 1,694 million yen (€12.4m-$14.2m) on 10 percent higher revenues of ¥47,619 million (€348.6m-$399.1m) for the financial year ended March 31. Sales grew by 18 percent in Europe to ...
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News briefs
Manchester United reports that its retail, merchandising, apparel and product...
Manchester United reports that its retail, merchandising, apparel and product licensing revenues contracted by 9.5 percent to £7.6 million (€10.6m-$11.8m) for the third quarter of its fiscal year, up to the end of March. This was chiefly due to reduced guaranteed revenue from Nike, as the club failed to qualify ...
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News briefs
Indonesian press reports indicate that a Chinese company has invested...
Indonesian press reports indicate that a Chinese company has invested in the construction of a shoe factory with a capacity of 15 million pairs to manufacture footwear for Nike. Established in Garut, West Java, the factory is to provide employment for 5,500 people. The Indonesian trade ministry reports that the ...
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News briefs
The annual report published by Asics a few days ago...
The annual report published by Asics a few days ago states that the company is on track to reach sales of ¥400 billion (€2,981.8m-$3,328.1m) for the fiscal year until the end of December 2015, which is the target of its five-year strategic plan. This compares with sales of ¥354 billion ...
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News briefs
Sales grew by 3.1 percent in dollars and by 6...
Sales grew by 3.1 percent in dollars and by 6 percent in local currencies in the first quarter for the fitness segment of Brunswick Corp., which now comprises Life Fitness and Hammer Strength as well as the Brunswick billiards business. They reached $185.6 million, but the segment's operating income fell ...
