News briefs – Page 44
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News briefs
Wolverine Worldwide, which sells the Merrell and Patagonia Footwear brands,...
Wolverine Worldwide, which sells the Merrell and Patagonia Footwear brands, saw its sales drop by 2.4 percent to $322.8 million for the quarter ended March 24, due to the troubles hitting many of Europe's economies. Sales in the U.K., which represents half of European sales, were hard hit by two ...
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News briefs
Crocs lifted its sales by 19.9 percent to $271.8 million...
Crocs lifted its sales by 19.9 percent to $271.8 million for the quarter, in spite of a sales decline of 2.7 percent in Europe. This was more than compensated by sales increases of 17.1 percent in the Americas and 40.5 percent in Asia. The company's wholesale revenues jumped by 15.9 ...
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News briefs
The Life Fitness division of Brunswick Corporation, which comprises the...
The Life Fitness division of Brunswick Corporation, which comprises the Life Fitness and Hammer Strength brands, slightly lifted its sales to $157.1 million in the first quarter. This amounted to an increase of 0.4 percent. The division's international sales fell by 13 percent, but commercial equipment sales enjoyed a large ...
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News briefs
The sports and leisure division of the New Wave group,...
The sports and leisure division of the New Wave group, which owns Craft, Cutter&Buck and several other brands, pushed its sales up by 20 percent to 465 million Swedish kronor (€52.4m-$69.2m) for the first quarter. This was chiefly due to acquisitions made last year, Ahead and Paris Glove, which added ...
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Fila has reported a 24 percent increase in its consolidated...
Fila has reported a 24 percent increase in its consolidated revenues to 764.4 billion won (€502.6m-$676.1m) for the past financial year. The gross margin declined by 3.65 percentage points to 50.48 percent, but the operating profit rose by 5 percent to KRW106.6 billion (€70.1m-$92.3m). Net income fell by 99 percent ...
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News briefs
Britain's Halfords Group reports a 5.7 percent increase in sales...
Britain's Halfords Group reports a 5.7 percent increase in sales on a comparable store basis for its cycling group in the fourth quarter of its financial year, ended March 30. The progress came on top of an 8.7 percent increase in the same period a year ago and was driven ...
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News briefs
Pittards saw its revenues go up by 6 percent to...
Pittards saw its revenues go up by 6 percent to £38.2 million (€46.3m-$60.7m) in 2011, but the operating profit remained stable at £2.7 million (€3.3m-$4.3m) because of the increased cost of materials. In particular, Pittards and other tanners with factories in Ethiopia rushed to buy and process as much material ...
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News briefs
Intersport France reached sales of €1,298 million at retail prices...
Intersport France reached sales of €1,298 million at retail prices in 2011, 5.4 percent more than in the previous year. Because of the lack of snow, the 187 stores located in the ski resorts suffered a decline of a little less than 2 percent. The other 366 doors, 15 of ...
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News briefs
Conzzeta, the parent company of Mammut Sports Group, announced that...
Conzzeta, the parent company of Mammut Sports Group, announced that its subsidiary for sporting goods lost some turnover in its last financial year (the same as the calendar year) in comparison with 2010. Sales went down by 4.7 percent to 210.8 million Swiss francs (€174.8m-$233.6m). Conzzeta says, however, that Mammut ...
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News briefs
Heavy snowfalls in central Sweden and spring-like conditions in the...
Heavy snowfalls in central Sweden and spring-like conditions in the south of the country jump-started Swedish sporting goods retailers' sales in February. The were up by no less than 22 percent during the month as compared to February 2011. After negative growth toward the end of 2011, sales took a ...
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News briefs
Intersport España made a profit of €2 million in 2011,...
Intersport España made a profit of €2 million in 2011, and its consolidated revenues grew by 7 percent to €94 million, according to the Spanish magazine Diffusion Sport. The good results are attributed to the reorganization of the corporate structure, with four subsidiaries handling different aspects of its business, making ...
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News briefs
Wintersteiger, the big Austrian manufacturer of service solutions for snow...
Wintersteiger, the big Austrian manufacturer of service solutions for snow sports, cracked the €100 million mark in total turnover for the first time in its history during the last financial year, after reaching a level of €93.4 million in the previous year. More detailed figures will be presented on April ...
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News briefs
Nautilus switched to a net profit of $1.4 million last...
Nautilus switched to a net profit of $1.4 million last year from a $22.8 million loss in 2010, in spite of ongoing cost pressures and onetime expenses to support the launch of new products in the fourth quarter. Discontinued operations contributed losses of $13.0 million in 2010 and $1.1 million ...
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News briefs
The revenues of the sportswear stores operated by Belle International...
The revenues of the sportswear stores operated by Belle International climbed by 15.0 percent to 10,412 million renminbi (€1,246m-$1,645m) last year. The Chinese company, whose latest moves are described earlier in this issue, said that comparable store sales in that segment increased at a mid-single-digit level, but at the same ...
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News briefs
Peak Sport, the Chinese sports brand, lifted its sales by...
Peak Sport, the Chinese sports brand, lifted its sales by 9.4 percent to nearly 4,647 million renminbi (€556.1m-$734.0m) last year, as it continued to expand in second- and third-tier cities around China. The brand had 7,806 stores operated by retail partners at the end of last year, up by 582 ...
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News briefs
Online sales of sporting goods grew in Sweden by 32...
Online sales of sporting goods grew in Sweden by 32 percent in the fourth quarter of 2011, making this segment one of those experiencing one of the strongest growth rates. A specific sales figures was not immediately available. The growth estimate comes from the Swedish postal service, Posten, and HUI ...
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News briefs
The 2011 U.K. Golf Participation Report put out by Sports...
The 2011 U.K. Golf Participation Report put out by Sports Marketing Surveys indicates that there was no real drop in the practice of golf in the U.K. last year, with some exceptions. It found that about 4 million adults above the age of 15 played golf at least once on ...
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News briefs
According to the Cambodian Ministry of Commerce, the country's footwear...
According to the Cambodian Ministry of Commerce, the country's footwear industry managed to raise exports of shoes by 49 percent in value during 2011. The total value of exports was $264 million. The most important customers were the U.S., Canada, Japan, and various Asian and European countries. Currently, there are ...
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News briefs
According to preliminary figures, SportScheck, Germany's leading specialty sporting goods...
According to preliminary figures, SportScheck, Germany's leading specialty sporting goods retail chain, increased its turnover in the financial year ended Feb. 29 by 6 percent to €408 million after VAT. The retailer, which is a subsidiary of Otto Group, intends to expand its store network to a total of 18 ...
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News briefs
Globetrotter Ausrüstung, Germany's leading specialty outdoor retailer, managed to increase...
Globetrotter Ausrüstung, Germany's leading specialty outdoor retailer, managed to increase its total sales by 10 percent to €250 million in its 2011-12 fiscal year, ended Feb. 29. On a comparable basis without the new doors, sales dipped by 0.5 to 1.5 percent in Globetrotter's brick-and-mortar business while mail-order sales ...
