News briefs – Page 46
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News briefs
Jarden Corporation says its results for the fourth quarter of...
Jarden Corporation says its results for the fourth quarter of 2011 should show a big increase in net income to $205-210 million from $46.7 million in the same period a year earlier, with total revenues up by between 2 and 3 percent to a range of $1,725-1,735 million. It did ...
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News briefs
In the first quarter of its 2011-12 fiscal year, ended...
In the first quarter of its 2011-12 fiscal year, ended last Dec. 31, Lafuma Groupe increased its overall sales by 4.4 percent to €54.7 million, marking the highest quarterly growth in three years. Sales in France dipped by 2.2 percent to €31.4 million, while the international business grew by 14.7 ...
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News briefs
Tradeinn, a major online retailer of sporting goods based near...
Tradeinn, a major online retailer of sporting goods based near Girona, Spain, has reported a sales increase of more than 50 percent to over €11 million for 2011. The company set up a new head office and logistics center at Celrà last year. It incorporates a brick-and-mortar store of 400 ...
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News briefs
iVendix, the online wholesale portal of Centerstone Technologies, reports a...
iVendix, the online wholesale portal of Centerstone Technologies, reports a 30 percent increase last year to €1.4 billion in the value of sales transactions going through its international platform for the sports and sportswear industries. It processed 470,000 orders, up 15 percent, from 1,225,000 log-ins. The number of active ...
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News briefs
Sports and recreation goods are predicted to be among the...
Sports and recreation goods are predicted to be among the items that will grow the most at retail in South Africa this year, along with all kinds of clothing and footwear, rising at an annual rate between 4.7 and 4.9 percent. The Bureau of Market Research and Unisa expect the ...
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News briefs
The revenues of the sporting goods retailers affiliated with Sport...
The revenues of the sporting goods retailers affiliated with Sport 2000 in Germany fell by 2.6 percent in 2011, according to preliminary estimates by its parent company, the ANWR Group, Higher proceeds from the centralized settlements of all its voluntary groups, including Sport 2000 as well as Garant, Rexor and ...
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News briefs
Quiksilver managers told analysts at the ICR Xchange investor conference...
Quiksilver managers told analysts at the ICR Xchange investor conference a few days ago that they see opportunities for growth in spite of strong competition in the action sports market from the likes of Billabong, Nike, VF Corp., PPR and Abercrombie & Fitch. In the next five years, untapped geographical ...
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News briefs
Crocs indicates that its sales exceeded $1 billion in 2011...
Crocs indicates that its sales exceeded $1 billion in 2011 for the first time in its history, as it revenues ended up at the high end of its expectations in the fourth quarter of the financial year. Investors responded positively, boosting the company's value on the stock exchange by 4.6 ...
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News briefs
Revenues from cycling products rose by 15.1 percent at Halfords...
Revenues from cycling products rose by 15.1 percent at Halfords in the U.K. during the third quarter ended Dec. 31, but they were mainly driven by children's bikes and accessories. New products and warm weather in the ramp-up to the Christmas season gave a boost to this business. Including the ...
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News briefs
Consumer confidence in the U.K. reached a very low point...
Consumer confidence in the U.K. reached a very low point in December, paving the way for the bankruptcy of major retailers such as Blacks Leisure and Peacocks, although heavy discounting at the end of the month helped to boost sales of clothing and footwear after Christmas. In contrast with the ...
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News briefs
Sales of snow sports equipment in the U.S. went well...
Sales of snow sports equipment in the U.S. went well in the period from August to November 2011, according to a survey made by Leisure Trends Group for Snow Sports Industries of America, but the numbers were probably not so good afterwards due to a generalized lack of snow. In ...
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News briefs
Vietnam's exports of clothing rose by 38% to $15.6 billion...
Vietnam's exports of clothing rose by 38% to $15.6 billion in 2011, thanks in part to a 12 percent increase in average prices. Geographically, they rose by 52 percent in Japan, by 41 percent in Europe and by 14 percent in the U.S. Footwear exports from Vietnam hit $5.7 billion ...
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News briefs
According to the International Cotton Advisory Committee, global cotton production...
According to the International Cotton Advisory Committee, global cotton production should grow by 8 percent in the current 2011-12 season, reaching 26.8 million tons. Conversely, consumption is expected to drop by as much as 2 percent to 23.9 million tons. ICAC, an intergovernmental group, expects a surplus of 2.9 million ...
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News briefs
Metro Group, the big German player in the cash &...
Metro Group, the big German player in the cash & carry business and parent company of the Kaufhof department store chain, has lowered its outlook for the outgoing fiscal year both in terms of turnover and profit. The management said that overall sales would be slightly lower than last year's ...
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News briefs
The European Cyclists' Federation issued a study quantifying the contribution...
The European Cyclists' Federation issued a study quantifying the contribution of cycling to the reduction of greenhouse gas emissions (GHG): If citizens of the European Union all used their bicycles with the same intensity as Danes did in 2000, cycling an average of 2.6 km per day, they could help ...
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News briefs
The Vietnam Leather & Footwear Association (Lefaso) reports a 5.3...
The Vietnam Leather & Footwear Association (Lefaso) reports a 5.3 percent increase in the country's production of athletic shoes to 29.7 million pairs for the first 11 months of this year. The production of other types of shoes increased at a higher rate of 10.3 percent to 5.2 million pairs ...
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News briefs
Reporting on the seventh consecutive quarter of strong growth in...
Reporting on the seventh consecutive quarter of strong growth in sales and profits, Foot Locker said its net income jumped by 26.9 percent to $66 million in the third quarter ended Oct. 29 on a sales increase of 8.9 percent to $1.39 billion, beating the estimates of financial analysts. Sales ...
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News briefs
Sales of Björn Borg shoes increased by 60 percent in...
Sales of Björn Borg shoes increased by 60 percent in the first nine months of this year, but this didn't prevent the Swedish company by the same name from posting a 2 percent drop in revenues to 413.4 million Swedish kronor (€45.1m-$60.8m) and a drop in net profit to SEK ...
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News briefs
Descente saw its sales increase by 7.0 percent to 23.47...
Descente saw its sales increase by 7.0 percent to 23.47 billion yen (€226.1m-$304.8m) during the second quarter ended Sept. 30, including the distribution in Japan of Cutter & Buck, Le Coq Sportif, Marmot, Munsingwear and Umbro. The gross margin for the quarter went up to 50.4 percent from 47.4 percent ...
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News briefs
Globeride, the Japanese fishing tackle company previously known as Daiwa...
Globeride, the Japanese fishing tackle company previously known as Daiwa Seiko, improved its net profit by 26 percent to 1,776 million yen (€17.1m-$23.1m) for the first six months ended Sept. 30, in spite of lower sales and operating results. Revenues slipped by 9 percent to ¥29.7 billion (€286.2m-$385.7m), and operating ...
