News briefs – Page 42
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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
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News briefs
According to new market research, the Chinese outdoor market expanded...
According to new market research, the Chinese outdoor market expanded by 57.8 percent in 2011 to an estimated 11 billion yuan at the retail level, or the equivalent of €1.4 billion, compared with the level of 6,970 million yuan reported in 2010. The figures come from a report compiled by ...
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News briefs
In the first half of 2012, 60 percent of the...
In the first half of 2012, 60 percent of the fashion companies listed in the FashionUnited Top 100 Index registered an increase in the value of their stock, with the index rising by 6 percent during the period. The top five performers were Prada (+48%), Collective Brands (+48%), Perry Ellis ...
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News briefs
While Britain's manufacturing output is on the slide, New Balance...
While Britain's manufacturing output is on the slide, New Balance stuck to its production of about 1.2 million pairs of footwear at its U.K. plant last year. The company said that this commitment had strongly contributed to growing consumer demand: New Balance's sales across Europe jumped by about 25 percent last year ...
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News briefs
Patagonia's sales have doubled since 2008 to reach $540 million...
Patagonia's sales have doubled since 2008 to reach $540 million for the financial year ended last April, or 30 percent more than in the previous year, according to a report in The Seattle Times, and its profits have tripled in the same period. After 14 openings in the past year, ...
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News briefs
Direct Golf UK lifted its sales by 23 percent for...
Direct Golf UK lifted its sales by 23 percent for the first half ended last March. Entirely privately owned, Direct Golf has 21 stores across the U.K., after four openings between 2011 and 2012. It also has an online shopping platform and an online TV platform, Direct Golf TV. Improved ...
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News briefs
A new study by Indescat indicates that 46 percent of...
A new study by Indescat indicates that 46 percent of the Spanish people practice sports regularly. The total reaches 63 percent of the population if occasional participants are added to the count.
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News briefs
A survey by the Sporting Goods Manufacturers Association (SGMA) shows...
A survey by the Sporting Goods Manufacturers Association (SGMA) shows that 83.5 percent of its members are expecting a further increase in their domestic sales, while only 61.2 percent predict that their sales abroad will go up. The SGMA points out that the sporting goods market underperformed the rest of ...
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News briefs
JD Sports Fashion reported modest sales increases on a same-store...
JD Sports Fashion reported modest sales increases on a same-store basis for the 19 weeks ended on June 9. They were up by 1.2 percent in its sports stores and by 3.0 percent in its fashion stores, but gross margins continued to be under pressure as anticipated. The British retailer ...
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News briefs
Finansavisen, a Norwegian newspaper, reports that inventories have been piling...
Finansavisen, a Norwegian newspaper, reports that inventories have been piling up at Bergans because of the outdoor brand's relatively weak growth in its own market last year. As reported in our previous issue, Bergans' turnover jumped by more than 8 percent to nearly 700 million Norwegian kroner (€92.9m-$116.0m) last year, ...
