Consumer insights from the sporting goods industry – Page 50
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Short stops
Sport Panel reports that it is conducting the first study...
Sport Panel reports that it is conducting the first study of the Spanish bike market, analyzing the image and service level of the brands
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News briefs
Zalando reached an adjusted operating margin (Ebit) of 0.8 percent...
Zalando reached an adjusted operating margin (Ebit) of 0.8 percent in the third quarter, compared with a negative margin of 12.4 percent a year ago, on 24.2 percent higher overall sales of €501 million. Germany, Austria and Switzerland had the highest profitability with a margin of 3.9 percent, but sales ...
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News briefs
The Greek Fourlis Group reports a sales increase of 11.4...
The Greek Fourlis Group reports a sales increase of 11.4 percent to €91.3 million in the first nine months of this year for its sporting goods retail operations, consisting essentially of its Intersport stores. Earnings before amortization (Ebitda) improved by 47.7 percent to €6.6 million, leading to a pre-tax profit ...
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News briefs
Another Korean company, Youngone Holdings, posted a 11 percent increase...
Another Korean company, Youngone Holdings, posted a 11 percent increase in net income to 75,158 billion won (€54.7m-$67.4m) in the third quarter on 3 percent higher sales of KRW445,859 billion (€324.4m-$399.6m). Operating earnings declined by 2 percent to KRW94,689 billion (€324.4m-$399.6m).
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News briefs
Fila Korea turned around to a net profit of 20,984...
Fila Korea turned around to a net profit of 20,984 billion Korean won (€15.3m-$18.9m) in the third quarter ended Sept. 30 from a loss of KRW 8,346 billion in the same period a year ago. Revenues increased by 6 percent to KRW189,347 billion (€137.8m-$169.7m), but the gross margin declined slightly ...
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News briefs
Total sales of sporting goods increased in Norway by 5...
Total sales of sporting goods increased in Norway by 5 percent in the first nine months of 2014, according to the local industry association, Sportsbransjen, which is predicting a record year for the sector. Year-on-year, sales declined slightly in the first quarter, but they were relatively good in the second ...
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News briefs
Björn Borg reports a 55 percent increase in net earnings...
Björn Borg reports a 55 percent increase in net earnings to 24 million Swedish kronor (€2.6m-$3.2m) in the third quarter, thanks to an improved gross margin of 52.4 percent, cost controls and discontinuing its Chinese operations. Sales increased by only 2 percent to SEK 163.7 million (€17.7m-$21.7m), but the Swedish underwear ...
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News briefs
New Wave Group raised its sales by 8 percent to...
New Wave Group raised its sales by 8 percent to 1.12 billion Swedish kronor (€120.4m-$148.9m) in the third quarter. Operating earnings rose to SEK 92.8 million (€10.0m-$12.3m) from SEK 95.7 million a year ago, and the net profit increased to SEK 57.8 million (€6.2m-$7.7m) from SEK 66.9 million. Sales in the Sports & ...
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Short stops
Accell Group is forecasting significantly higher net income for this...
Accell Group is forecasting significantly higher net income for this year, due in part to stronger organic growth in the second half, with less prior-year inventory to sell at a discount
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News briefs
Schweizer Sport & Mode predicts that the Swiss sporting goods...
Schweizer Sport & Mode predicts that the Swiss sporting goods market will end up flat this year in terms of the retail turnover. Working in combination with GfK and Asmas, it has calculated a 0.4 percent decline for the third quarter, due to a lot of rain and cool temperatures ...
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News briefs
Goldwin's sales inched up by 1.6 percent to 14.9 billion...
Goldwin's sales inched up by 1.6 percent to 14.9 billion yen (€103.69m-$128.85m) in the six months ended Sept. 30. The Japanese company, which opened a European subsidiary in Switzerland in 2012 and a U.S. subsidiary last year for its ski and compression apparel, reported an operating profit of ¥311 million (€2.16m-$2.69m) for ...
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News briefs
Skullcandy is projecting sales increases of between 10 and 12...
Skullcandy is projecting sales increases of between 10 and 12 percent for this year and for 2015, partly through its international development program, which calls for a 50 percent share of total turnover outside the U.S. The leading American supplier of headphones sees potential for growth also in sports performance ...
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News briefs
Alibaba Group's share price reached new highs, trading above $115...
Alibaba Group's share price reached new highs, trading above $115 a share and reaching a market capitalization above $280 billion, after reporting strong results for the third quarter ended Sept. 30 and announcing that it generated record sales of $9.3 billion through its marketplaces on Nov. 11 in connection with ...
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News briefs
Descente has reported a 14 percent increase in revenues to...
Descente has reported a 14 percent increase in revenues to 57.13 billion yen (€397.52m-$494.03m) in its revenues for the first half ended Sept. 30, implying a 12 percent increase in the second quarter. Net earnings went up to ¥2,775 million (€10.31m-$24.00m) in the first half from 1,813 million in the corresponding period ...
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News briefs
In presenting Nike's spring/summer 2015 women's collection in New York,...
In presenting Nike's spring/summer 2015 women's collection in New York, accompanied by 27 top athletes, Mark Parker, chief executive of the group, said that it expects to raise its annual revenues from women-specific products by $2 billion to $7 billion in the next three years. “Sport and fitness are powering ...
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News briefs
Yonex saw its net income rise by 44 percent to...
Yonex saw its net income rise by 44 percent to 1,730 million yen (€12.00m-$14.94m) in the first half ended Sept. 30. Operating income went up by 39 percent to ¥1,579 million (€10.96m-$13.64m) on 9 percent higher sales of ¥23.79 billion (€0.17m-$0.21m).
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News briefs
Net income increased by 67 percent at Globeride for the...
Net income increased by 67 percent at Globeride for the six months ended Sept. 30, reaching 1,977 million yen (€13.72m-$17.08m). Operating income increased by 29 percent to ¥3,161 million (€21.94m-$27.31m) as revenues went up by 13 percent to ¥39.51 billion (€274.18m-$341.34m) at the Japanese company, formerly called Daiwa Seiko.
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News briefs
The major sporting goods retail chains around the world raised...
The major sporting goods retail chains around the world raised their total sales by 7.4% to $87.0 billion, as shown in SGI's Global Retail Chart published in the Vol. 25 n°32+33 issue of SGI Europe, but not in the accompanying text. After rising by 28.2 percent in 2012, the turnover ...
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News briefs
XXL ASA, the Nordic sports retailer that went public at...
XXL ASA, the Nordic sports retailer that went public at the beginning of October, reports a 31 percent increase in total revenues to 1,416 million Norwegian kroner (€166.90m-$207.29m) in the third quarter, with 6.7 percent growth on a same-store basis and a 74 percent jump in e-commerce. Operating profit before amortization ...
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News briefs
In the U.K., ski and snowboard boot sales increased by...
In the U.K., ski and snowboard boot sales increased by 10 percent and 21 percent, respectively, in the 2013/14 season as compared to 2012/13. According to the Snowsport Industry of Great Britain (SIGB), which has released its trade survey findings, the market is showing positive growth for the first time ...
