Consumer insights from the sporting goods industry – Page 47
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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
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
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
Thule Group reported vastly improved results for the first quarter...
Thule Group reported vastly improved results for the first quarter of 2015. Sales increased by 27.1 percent to 1.37 billion Swedish kronor (€145.6m-$163.1m), although they went up by only 11.5 percent in local currencies, with lower growth in North America than in Europe and the rest of the world. The ...
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News briefs
Mash Holdings, the holding company that regroups interests held by...
Mash Holdings, the holding company that regroups interests held by Mike Ashley in the sports business, more than doubled its pre-tax operating profit in the fiscal year to the end of April 2014 to £542.6 million (€758.4m-$834.2m), according to accounts filed at Companies House and reported by British newspapers. Mash ...
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News briefs
Nautilus is now planning to launch its Bowflex Max Trainer...
Nautilus is now planning to launch its Bowflex Max Trainer internationally through foreign distributors in the second half of this year. The product continued to be the main sales driver for the company in the first quarter of 2015, where Nautilus raised its total revenues by 34 percent to $96.2 ...
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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
New Wave Group reports a 21 percent sales increase to...
New Wave Group reports a 21 percent sales increase to 1,096 Swedish kronor (€117.6m-$131.3m) for the first quarter, with a 9 percent gain in local currencies. The gross margin improved to 45.7 percent and operating profit grew by SEK 7.7 million, resulting in an operating margin of 0.2 percent compared ...
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News briefs
Compex has won the European Consumers Award 2015 for Fit...
Compex has won the European Consumers Award 2015 for Fit 5.0 electric muscle stimulator. Released by the Swiss company last November, it is the first wireless fitness device of the kind that uses a unique “muscle intelligence” technology to adapt to each muscle. It is easy to carry around.
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News briefs
Luxottica is expected annual savings of €100 million from the...
Luxottica is expected annual savings of €100 million from the integration of Oakley's back-office functions and sales operations into the group, which we have already reported about. The group would like to see Oakley's sales and the number of O stores double over the next three years. The group reported ...
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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 ...
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News briefs
Lululemon Athletica posted net income of $239.0 million for the...
Lululemon Athletica posted net income of $239.0 million for the financial year ended Feb. 1, down from $279.5 million in the prior year, on 13 percent higher revenues of $1.8 billion. The situation was reversed in the final quarter, where the Canadian-based company raised its net earnings slightly to $110.8 ...
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News briefs
Pou Sheng International, one of the two leading Chinese retailers...
Pou Sheng International, one of the two leading Chinese retailers of sports apparel and footwear, saw its sales increase by 23.9 percent to $580.5 million for the first three months of the year. The month of March alone yielded a sales increase of 16.7 percent to $197.2 million. Several Chinese ...
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News briefs
Himaraya, the big Japanese sporting goods retail chain, reported a...
Himaraya, the big Japanese sporting goods retail chain, reported a 72 percent increase in net income to 225 million yen (€1.8m-$1.9m) for the six months ended Feb. 28. Sales rose by 4 percent to ¥34.6 billion (€274.1m-$290.0m). The gross margin improved by 1.1 percentage points to 37.4 percent, but operating ...
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News briefs
Giant Manufacturing's revenues grew by 11 percent to 60.22 billion...
Giant Manufacturing's revenues grew by 11 percent to 60.22 billion Taiwanese dollars (€1,807m-$1,928m) last year. Unit shipments reached 6.6 million bicycles. The company is forecasting a sales increase of between 5 and 10 percent for this year.
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News briefs
New data filed by Fila Korea show that its operating...
New data filed by Fila Korea show that its operating margin has been declining since a ratio of 16.5 percent of revenues in 2010. It fell last year to 11.7 percent from 13.3 percent in 2013. As previously reported, the company's annual revenues rose by 8 percent in 2014 to ...
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News briefs
The sporting goods segment of the Conzzeta group, represented essentially...
The sporting goods segment of the Conzzeta group, represented essentially by the Mammut Sports Group, had stable results in 2014 in terms of Swiss francs. It generated an operating margin of 8.3 percent, down from 8.5 percent in 2013, while revenues rose to CHF 249.9 million (€239.1m-$260.0m) from CHF 247.0 ...
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News briefs
Trocathlon, a bi-annual event that allows French consumers to sell...
Trocathlon, a bi-annual event that allows French consumers to sell old sports products to other customers at Décathlon stores, has turned into a permanent market. The French sports retailer has set up an online platform at trocathlon.fr this month that will enable consumers to do the same all year around. ...
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Article
Adidas will adopt a more consumer-focused approach
Adidas managers said the new focus on consumers will be facilitated by the reorganization of the management structure that was implemented last year, dismantling the previously function-driven organization and giving full responsibility to the managers of each sports category.The group's investments to engage end consumers are to focus on six ...
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Article
Ecco aims to sell 50% directly to the consumer
After three years of controlled growth and investments in its production facilities, Ecco says it is changing to a “more expansive” strategy. It wants to do so notably by strengthening its women's collections and by investing heavily in direct-to-consumer distribution, which is set to represent 50 percent of sales by ...
