Consumer insights from the sporting goods industry – Page 72
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News briefs
Black Diamond is forecasting a 24 percent increase in consolidated...
Black Diamond is forecasting a 24 percent increase in consolidated sales for the third quarter ended Sept. 30 to about $42 million. The increase for the first nine months of the year is estimated at 20 percent on a pro forma basis, including the results of Gregory Mountain Products prior ...
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News briefs
The management of New Balance sees its sales expanding by...
The management of New Balance sees its sales expanding by more than 15 percent this year on a global basis – the first double-digit increase since 2004 – taking them up over the $2 billion barrier including licenses. European officials indicate that the Europe, Middle East and Africa (EMEA) region ...
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News briefs
Sports Direct International confirmed its objective to reach underlying earnings...
Sports Direct International confirmed its objective to reach underlying earnings before amortization of £215 million (€247.1m-$343.1m) for the present financial year as it reported double-digit increases in sales and gross profits for the first nine weeks of its second quarter, ended Sept. 25. Excluding the results of the recently formed ...
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News briefs
The Uvex group managed to increase its turnover significantly during...
The Uvex group managed to increase its turnover significantly during its latest fiscal year, ended July 31. Sales jumped by 9 percent to €330 million. This came basically from a satisfactory economic environment in Germany where Uvex' sales of professional protective and safety equipment were up by 17 percent to ...
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News briefs
In a preliminary filing, Lafuma Group says its total revenues...
In a preliminary filing, Lafuma Group says its total revenues grew by 1.7 percent to €249.6 million for the financial year ended last Sept. 30, up by 2.4 percent in constant currencies. Sales rose by 0.6 percent in France, including a 2.8 percent gain in the fourth quarter, and by ...
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News briefs
Sales of bicycles in France rose by 5.5 percent in...
Sales of bicycles in France rose by 5.5 percent in the first six months of this year, after several years of steady decline, thanks mainly to very mild weather. In 2010, French bike deliveries fell by 4.9 percent to 664,500 units, excluding toy and children's bikes.
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News briefs
Helly Hansen's final results for the past year show that...
Helly Hansen's final results for the past year show that it reached a pre-tax profit of 39 million Norwegian kroner (€5.0m-$6.7m) as compared to a loss of Nok 19 million, confirming its turnaround. Operating revenues went up by 10 percent to Nok 1,656 million (€212.0m-$282.7m), while operating profit before amortization ...
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News briefs
Lyle & Scott saw its net profit decline by 13.2...
Lyle & Scott saw its net profit decline by 13.2 percent to £5.3 million (€6.0m-$8.5m) in the financial year ended last March 31. Sales grew by 0.47 percent to £34.3 million (€39.1m-$54.9m), with a 20 percent rise in export markets, and the gross margin rose slightly to 52.6 percent, but ...
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News briefs
According to the Swedish Retail Sales Index, the country's sporting...
According to the Swedish Retail Sales Index, the country's sporting goods retail market increased by 3.5 percent at current prices in July as compared to last year. This means an accumulated increase so far this year of 0.7 percent. On an adjusted basis, sales rose by 7 percent in July, ...
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News briefs
Bauer Performance Sports claims it further raised its share of...
Bauer Performance Sports claims it further raised its share of the ice hockey equipment market during its financial year ended May 31, where its net revenues rose by 19 percent to $306.1 million. The company scored sales increases of 17 percent in ice hockey equipment, 22 percent in apparel and ...
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News briefs
Björn Borg, the Swedish company that owns the brand rights...
Björn Borg, the Swedish company that owns the brand rights related to the Swedish tennis champion by the same name, reports a sales increase of 2 percent to 253.3 million Swedish kronor (€28.3m-$39.7m). Net profit fell by 26 percent to SEK 27.1 million (€3.0m-$4.2m), due a lower gross margin of ...
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News briefs
Global consumption of rugbywear – including clothing, footwear and equipment...
Global consumption of rugbywear – including clothing, footwear and equipment – is estimated by NPD to have reached a value of €300 million last year. The highest national consumption was in Britain, with estimated sales of €84 million, followed by France with €54 million. NPD analysts expect the market to ...
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News briefs
Sonae Group, the Portuguese company that owns the Sport Zone...
Sonae Group, the Portuguese company that owns the Sport Zone chain and many other specialty chains operating In other sectors, reports a 15 percent drop in net profit to €35 million for the first half of this year on 2 percent lower overall revenues of €2.70 billion. The recurring Ebitda ...
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News briefs
The department stores of El Corte Inglés remain a major...
The department stores of El Corte Inglés remain a major retail channel for sporting goods in Spain. As reported in the previous issue, their sales of sporting goods rose by an estimated 0.8 percent to €427 million, excluding its two stores in Portugal. Overall, the department stores of El Corte ...
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News briefs
In the first nine months of its financial year, a...
In the first nine months of its financial year, a period ended on June 30, Yue Yuen raised its net profit by 5.9 percent to US$377.0 million even as its total revenues rose by 23.4 percent to $5.19 billion. Revenues from shoe manufacturing grew by 25.8 percent to $3.68 billion, ...
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News briefs
Intersport PSC, the Swiss licensee of Intersport International, says its...
Intersport PSC, the Swiss licensee of Intersport International, says its net profit will decline slightly this year because of the strong appreciation of the Swiss franc against the euro, which has been affecting sales to foreign tourists. The problems started in border areas in the spring and they have been ...
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News briefs
LaCrosse Footwear increased revenues by 2 percent to $27.1 million...
LaCrosse Footwear increased revenues by 2 percent to $27.1 million in the second quarter ended June 25 thanks to strong growth in outdoor sales. The American company's sales to the outdoor market rose by 18 percent to $9.4 million on strong demand for hunting and hiking products. Meanwhile, sales to ...
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News briefs
Reporting an 11.6 percent increase at constant currencies in its...
Reporting an 11.6 percent increase at constant currencies in its overall sales for the second quarter, Luxottica indicated that Oakley performed very well, particularly in Europe and Australia. The management said that Oakley's sales would have risen even more if it had not been for capacity constraints, which should be ...
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News briefs
French sporting goods retailers booked an estimated increase of 12...
French sporting goods retailers booked an estimated increase of 12 percent in their sales during the second quarter, according to the monthly surveys performed by their trade association, FPS, among its members. Excellent weather conditions led to year-on-year sales increases estimated at 14 percent in April and 8 percent in ...
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News briefs
Under Armour has raised its outlook for this year's growth...
Under Armour has raised its outlook for this year's growth in revenues to between 33 and 35 percent from a previous forecast of 29 to 31 percent, following a better than expected performance in the second quarter, which saw the company's overall sales jump by 42.2 percent to $291.3 million. ...
