Financial Results – Page 140
-
News briefs
Indian farmers are expected to raise the area destined to...
Indian farmers are expected to raise the area destined to cotton crops by 15 percent in the 12 months ending in March 2012 because of the recent price hikes, says the Cotton Association of India. As a result, the National Commodity and Derivatives Exchange of India predicts that the country's ...
-
News briefs
KMU Forschung Austria, a market research company that monitors small...
KMU Forschung Austria, a market research company that monitors small and medium-sized companies, estimates that the Austrian sporting goods retail market reached a level of €1,436 million before VAT last year. The growth was 4.3 percent including inflation, and 1.6 percent excluding price increases. On average, the inflation rate for ...
-
Short stops
Reporting an estimated sales increase of 16.6% to €372 million...
Reporting an estimated sales increase of 16.6% to €372 million in the past year, the management of Moncler confirms that the company should go public on the Italian stock exchange before the end of 2011
-
News briefs
Sport 2000 France indicates that it made a smaller loss...
Sport 2000 France indicates that it made a smaller loss in 2010 than in the previous financial year, due essentially to its remaining corporate stores, which are being gradually sold. The retail members' own sales rose by 2 percent. The management is due to present a new business plan at ...
-
News briefs
Albany International has reported a 19.0 percent increase in sales...
Albany International has reported a 19.0 percent increase in sales for its PrimaLoft products division in the three months ended Dec. 31, but the growth on a currency-neutral basis reached 23.0 percent. The division's operating income improved to $351,000 from $21 million in the same period the year prior, indicating ...
-
News briefs
Björn Borg has reported a 3 percent increase in revenues...
Björn Borg has reported a 3 percent increase in revenues to 536 million Swedish kronor (€59.6m-$83.5m). Sales grew in Sweden, Finland, Germany and Belgium, but they declined in Norway, Denmark and the Netherlands. The net profit went up by 12 percent to SEK 90.8 million (€10.1m-$14.1m).
-
News briefs
According to COCA, the China Outdoor Commerce Alliance, retail sales...
According to COCA, the China Outdoor Commerce Alliance, retail sales of outdoor products increased by 47 percent in 2010, going from 4,850 million renminbi (€530.5m-$737.6m) in 2009 to RMB 7,130 million (€780m-$1,048m) last year. Presented at the recent Ispo China fair in Beijing, COCA's annual figures indicate growth of “only” ...
-
News briefs
Easton-Bell Sports turned around to a net profit of $8,126,000...
Easton-Bell Sports turned around to a net profit of $8,126,000 in the financial year ended last Jan. 1 from the loss of $4,098,000 incurred in the previous year. Net sales grew by 7.9 percent to$772.8 million for the American company, parent to brands such as Bell, Easton, Giro, Riddell and ...
-
News briefs
Globe International's results for the first half ended last Dec....
Globe International's results for the first half ended last Dec. 31 were adversely impacted by currency exchanges and gross margin pressures from a difficult retail environment and rising input costs. Net income from A$832,000 for the six months ended Dec. 31. Ebitda fell by 42 percent to A$1,881,000 (€0.9m-$1.3m) from ...
-
News briefs
Berkshire-Hathaway's Other Manufacturing business, which includes Fruit of the Loom...
Berkshire-Hathaway's Other Manufacturing business, which includes Fruit of the Loom and Russell Athletic, had an 11 percent increase in revenues to $17.7 billion, according to the company's annual report. FTL, which currently employs slightly more than 30,000, saw “significantly improved” operating results due to manufacturing efficiencies and cost management efforts.
-
News briefs
In a television interview, Herbert Hainer, the chief executive at...
In a television interview, Herbert Hainer, the chief executive at Adidas Group, announced that the company expects to have revenues of more than €1 billion this year. Business in China should grow by 15 to 20 percent in the next five years. He also noted that Adidas has no plans ...
-
News briefs
Jack Wolfskin had a lot of success with the two...
Jack Wolfskin had a lot of success with the two major buying groups in Germany last year, rising up the rankings of the suppliers that they ordered the most from. At Sport 2000, as always, Adidas and Nike remained at top of the list, but Jack Wolfskin managed to improve ...
-
News briefs
Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million...
Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million from a year earlier and cut its operating losses to $24.7 million from $37.3 million. In the full year, the golf company's sales also went up by 1.9 percent to $1.24 billion and the operating loss was trimmed to $91.1 ...
-
News briefs
The diving segment of Johnson Outdoors turned around to an...
The diving segment of Johnson Outdoors turned around to an operating profit of $1.2 million in the first quarter last Dec. 31 from a $84,000 loss in the year-earlier period, while sales grew by 4.6 percent to $19.4 million in dollars despite a currency translation loss of 3 percent. Outdoor ...
-
News briefs
Jack Wolfskin, the huge German outdoor brand, managed again to...
Jack Wolfskin, the huge German outdoor brand, managed again to increase its sales by a double-digit rate in 2010. Sales jumped by 21 percent to €304.2 million during the period. The company says that it grew in all its relevant markets, including its home market where it feels it is ...
-
News briefs
In 2010, Odlo increased its sales by 8 percent to...
In 2010, Odlo increased its sales by 8 percent to 173 million Swiss francs (€134.1m-$182.7m). The company says that the growth would have been even higher if the euro had been in better shape compared with the Swiss franc. Without those currency effects, the increase would have been 13 percent.
