Financial Results – Page 121
-
News briefs
The German bike industry registered a 7 percent decline in...
The German bike industry registered a 7 percent decline in domestic deliveries of new bicycles and e-bikes in the first half of 2013, mostly due to the poor spring weather, but with the good summer weather the drop is expected to be compensated for in the second half of the ...
-
News briefs
The Mainland Middle-Class Consumer Survey published by the Hong Kong...
The Mainland Middle-Class Consumer Survey published by the Hong Kong Trade Development Council confirms that China's emerging middle-class consumers increasingly long for international brands, even when they are aware that the products are made in China. The survey was conducted from December 2012 to January 2013 among 1,600 respondents in ...
-
News briefs
Bain & Company predicts that China will become the global...
Bain & Company predicts that China will become the global leader in terms of online spending this year, ahead of the United States. The consultancy estimates that online sales soared by 71 percent per year on average between 2009 and 2012, compared with 13 percent in the U.S. market. This ...
-
News briefs
Metro Group suffered a 2.3 percent sales decline to €30.8...
Metro Group suffered a 2.3 percent sales decline to €30.8 billion in the first half of this year, including a 3.6 percent drop in the second quarter. Excluding divested operations, sales declined by 0.1 percent in the six months, with a 2.1 percent drop for its cash & carry operations ...
-
News briefs
Alpen, which remains the largest sporting goods retailer in Japan,...
Alpen, which remains the largest sporting goods retailer in Japan, reported an annual net profit of ¥6.63 billion yen (€51.7m-$68.9m) for the 12 months ended last June 30, up from ¥5.26 billion in the previous fiscal year. Sales increased by 4 percent to ¥203.7 billion (€1,587.4m-$2,117.8m), and they generate 5 percent ...
-
News briefs
Dorel Industries' total revenues were off by 5.2 percent to...
Dorel Industries' total revenues were off by 5.2 percent to US$600.5 million for the quarter, and its net profit plunged by 56.4 percent, down to $13.2 million. In particular, the Canadian company's recreational & leisure segment suffered a drop in operating profit of 83.0 percent to $3,681,000 during the period ...
-
News briefs
Life Fitness lifted its operating earnings by 4.5 percent to...
Life Fitness lifted its operating earnings by 4.5 percent to $20.8 million in the second quarter as its revenues grew by 5 percent to $150.8 million, with a 10 percent increase in the international market, which accounted for 51 percent of the total. Its parent company, Brunswick Corp., reported a ...
-
News briefs
Descente reported a net loss of ¥22 million yen (€0.17m-$0.23m) for...
Descente reported a net loss of ¥22 million yen (€0.17m-$0.23m) for the first quarter ended June 30, down from ¥95 million in the same period a year ago. Operating losses for the period declined by 7 percent to ¥258 million (€2.0m-$2.7m) as the Japanese company's revenues went up by 17 percent to ...
-
News briefs
Skullcandy booked a net loss of $635,000 for the second...
Skullcandy booked a net loss of $635,000 for the second quarter ended June 30, compared with a net profit of $6.8 million in the period a year ago, as its sales fell by 29.9 percent to $50.8 million. Excluding the effect of a change in accounting for foreign clients, sales ...
-
News briefs
The global athletic shoe market is expected to rise at...
The global athletic shoe market is expected to rise at a compound annual average growth rate of 1.8 percent between 2011 and 2018, according to Transparency Market Research, reaching a level of $84.4 billion at retail at the end of the period. That is roughly twice the size of the ...
-
News briefs
Peak Sport Products, the Chinese sports brand, warned that its...
Peak Sport Products, the Chinese sports brand, warned that its profit for the first half of the year should “decrease considerably” compared with the same period last year, amid sluggish demand and the continuing inventory cleanup in the Chinese sports market. Peak Sport was one of the Chinese sports companies ...
-
Short stops
The British Halfords chain of bicycle stores, which also sell...
The British Halfords chain of bicycle stores, which also sell car parts, has reported a 7.5 percent increase on a same-store basis for its first quarter
-
News briefs
A total of 5.9 million customers shopped last year for...
A total of 5.9 million customers shopped last year for sporting goods online in Germany, according to Disq, a German service quality institute that ranked the ten major online sports shops in the country. SportScheck.com came out as the best one on its list, followed by Globetrotter.de. Sport-Thieme.de and the ...
-
News briefs
American Golf saw a surge in its sales on the...
American Golf saw a surge in its sales on the back of Justin Rose's triumph in the U.S. Open on June 16, the first by any Englishman in the tournament for more than 40 years. In the week following the event, the U.K.-based golf retailer registered a 16.4 percent increase ...
-
News briefs
Intersport España reports a decline of 11.7 percent in its...
Intersport España reports a decline of 11.7 percent in its 2012 revenues to €83 million, but the company continued to make a profit as in the previous ten years with a pretax result of €407,000. Retail sales fell by 5 percent to €220 million before VAT.
-
News briefs
A Norwegian voluntary group of sporting goods stores, Stadion, has...
A Norwegian voluntary group of sporting goods stores, Stadion, has reported revenues of 97.312 million Norwegian kroner (€12.7m-$16.8m) for 2012, a slight increase from 2011, and operating profit of NOK 3,644,528 (€0.47m-$0.63m) against NOK 4,447,624 in 2011. Currently, the Stadion chain has 73 affiliated retailers, which is slightly less than ...
-
News briefs
Dorel Industries has warned investors that earnings will be weaker...
Dorel Industries has warned investors that earnings will be weaker than expected for its recreational leisure segment for the second quarter due to bad weather across the U.S., Canada and Europe, which led to lower than anticipated sales volumes, particularly in the specialized bike dealer channel. The segment comprises the ...
-
News briefs
Zumiez, the American action sports retail chain that took over...
Zumiez, the American action sports retail chain that took over Blue Tomato last year, posted net income of $2.5 million in its fiscal first quarter ended last May 4, down by 44.4 percent from a year earlier, due especially to charges of $1.7 million associated with the acquisition of the ...
-
News briefs
Björn Borg registered sales of 131.4 million Swedish kronor (€15.3m-$19.9m)...
Björn Borg registered sales of 131.4 million Swedish kronor (€15.3m-$19.9m) for the first quarter ended March 31, representing a 6 percent decline from a year earlier. Excluding currency effects, sales slipped by 4 percent. The decline was partly due to a smaller volume of spring and summer underwear being delivered ...
-
News briefs
Spy Optic continued to improve its results in the first...
Spy Optic continued to improve its results in the first quarter ended last March 31. Its net losses were reduced to $721,000 in the period from $2,608,000 in the same quarter a year ago, while sales increased by 10.6 percent to $9,008,000. They now consist almost exclusively of Spy branded ...
