Financial Results – Page 138
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News briefs
Seven out of 10 sports shops located in French mountain...
Seven out of 10 sports shops located in French mountain resorts booked a drop in sales during the winter season, according to a survey carried out by FPS with 140 points of sale representing about 15 percent of the market. The decline in revenues is estimated at 6 percent, led ...
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The major sports brands saw their footwear revenues increase by...
The major sports brands saw their footwear revenues increase by 11.6 percent in the U.S. last year, according to the American edition of SGI, reaching a new record of $13.3 billion. The Nike group saw its leading share decline in this segment to 40.29 percent of the national market, down ...
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News briefs
The retailers affiliated with Intersport and Sport 2000 in Germany...
The retailers affiliated with Intersport and Sport 2000 in Germany had softer sales during the first three months of the year, particularly in March, according to the German Sport + Mode trade publication. At Intersport, sales were down by 14 percent in the quarter, and March alone was down by ...
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News briefs
Peak Performance, the largest brand of IC Companys, was not...
Peak Performance, the largest brand of IC Companys, was not on the list of those that achieved double-digit growth within the group during the third quarter as it reported its results for the period. Total sales increased by 10 percent to 1.1 billion Danish kronor (€147.5m-$208.9m), with wholesale and retail ...
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News briefs
Dorel Industries' recreational and leisure division, which includes the bicycle...
Dorel Industries' recreational and leisure division, which includes the bicycle and equipment brands Cannondale, Schwinn, GT, Mongoose and Sugoi, increased sales by 10.3 percent to $200.4 million in the first quarter. Growth was entirely organic and not influenced by currency rates. The business' gross margin was flat at 25.4 percent ...
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News briefs
Black Diamond reports sales of $39.1 million for the first...
Black Diamond reports sales of $39.1 million for the first quarter of this year, up by 18 percent from a year ago on a pro-forma basis, including the sales of Gregory Mountain Products prior to its acquisition. Black Diamond alone scored a 36.3 percent increase to $28.7 million, with gains ...
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News briefs
Orange 21, parent company of Spy Optic, is warning investors...
Orange 21, parent company of Spy Optic, is warning investors that it will need to raise more equity in the current quarter after posting a net loss of $1.3 million in the first one. Sales declined to $6.7 million from $8.3 million a year ago. The drop was only partly ...
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News briefs
Yonex saw its sales decline by 0.5 percent to 36.69...
Yonex saw its sales decline by 0.5 percent to 36.69 billion yen (€317.0m-$448.8m) for the financial year ended March 31. The operating margin fell to 2.0 percent of sales from 4.5 percent in the prior year. Net income went down by 26.5 percent to ¥718 million (€6.2m-$8.8m).
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News briefs
Goldwin reports a decline of 8 percent in consolidated net...
Goldwin reports a decline of 8 percent in consolidated net income to 1.49 billion yen (€12.9m-$18.2m) for the financial year ended March 31. Annual sales and operating income both rose by 2 percent, reaching levels of ¥42.4 billion (€366.4m-$518.6m) and ¥603 million (€5.2m-$7.4m), respectively.
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News briefs
Descente enjoyed a 35.7 percent increase in net income to...
Descente enjoyed a 35.7 percent increase in net income to 2.51 billion yen (€21.7m-$30.7m) in the financial year ended March 31. Operating earnings grew by 20.9 percent to ¥3.73 billion (€32.2m-$45.6m), although revenues were basically flat at ¥75.7 billion (€654.1m-$925.9m). The gross margin ratio was 47.3 percent. The Japanese company, ...
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News briefs
Globeride, the Japanese fishing tackle company formerly called Daiwa Seiko,...
Globeride, the Japanese fishing tackle company formerly called Daiwa Seiko, reports a 27 percent drop in net income to 215 million yen (€1.9m-$2.6m) for the financial year ended last March 31. Consolidated sales fell by 4 percent to ¥59.9 billion (€519.7m-$736.7m).
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News briefs
French sporting goods retailers' sales grew by between 5 percent...
French sporting goods retailers' sales grew by between 5 percent and 10 percent in April, according to a survey made by sport-guide.com. It was the third consecutive month registering an increase, but because of a big drop in January, the increase for the first four months of this year was ...
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News briefs
The International Cotton Advisory Committee, a group based in the...
The International Cotton Advisory Committee, a group based in the U.S., reports that prices for cotton dropped in April, the first drop in seven months. The reasons cited were a decline in demand and a switch to man-made fibers. The Cotlook A Index listed cotton at $2.44 per pound on ...
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Short stops
French ski resorts welcomed a total of 53.5 million skiers/days...
French ski resorts welcomed a total of 53.5 million skiers/days during the fall/winter 2010-11 season, 4 percent fewer than in 2009-10 and 2 percentage points below the average of the past four years
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Short stops
Led by a 4.8% increase for athletic apparel, shipments to...
Led by a 4.8% increase for athletic apparel, shipments to the retail trade in the U.S. rose by 3.5% to $74.2 million in 2010, according to the Sporting Goods Manufacturers Association (SGMA), after a decline of 4.3% in 2009 (more in the American edition of Sporting Goods Intelligence)
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News briefs
Devanlay, holder of the Lacoste license, will invest €100 million...
Devanlay, holder of the Lacoste license, will invest €100 million in the brand this year compared with €25 million in 2010. Lacoste is expected to increase sales by a double digit figure this year after being stable in 2010, José Luis Duran, chairman of Devanlay, said in an interview with ...
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News briefs
Briko finished 2010 with a 20 percent increase in sales...
Briko finished 2010 with a 20 percent increase in sales to €7 million. The increase is in line with the targets set by the B Holding, a company owned by the Boroli family, which took over the Italian firm in 2008. Briko achieved 65 percent of its revenues with winter ...
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News briefs
Sales of sporting goods in Sweden increased by 0.2 percent...
Sales of sporting goods in Sweden increased by 0.2 percent in February, according to the DHI Retail Sales Index, resulting in a sales decrease of 4.7 percent for the first two months of 2011.
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Short stops
Japan's leading bicycle retailer, Asahi, reports a doubling in sales,...
Japan's leading bicycle retailer, Asahi, reports a doubling in sales, particularly in Tokyo and the surrounding region, after the March 11 earthquake and tsunami in the northeast of the country, as consumers reacted to messy transportation and higher gasoline prices
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News briefs
U.S. antitrust authorities are reportedly creating obstacles to Jarden Corporation's...
U.S. antitrust authorities are reportedly creating obstacles to Jarden Corporation's plans to increase its stake in the Rossignol Group. Meanwhile, Jarden reports that its Outdoor Solutions segment enjoyed a 25.3 percent increase in operating earnings to $50.0 million in the first quarter of 2011 on 10.3 percent higher sales of ...
