Latest Headlines – Page 201
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Austria reaches the podium for skier visits
In Austria, the 2017/18 season registered a 4.8 percent increase in attendance. The poorer figures in France and the U.S. propelled Austria to the first rank in skier visits podium for the first time in recent history. In France, attendance improved by 5.6 percent to 53.8 million skier visits, after ...
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China leads the industry’s growth
In China, which is leading the industry's growth, winter sports are getting a big boost by the upcoming 2022 Winter Olympics, with ski areas now blossoming across nearly all Chinese provinces. In 2018 alone, 39 new ski areas were inaugurated, bringing the total to 742 ski areas. Most of them, ...
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A declining market in the U.S. and Japan
The U.S. represents one of the world's largest ski markets. After a booming 2010/11 winter, which posted an all-time record of 60.5 million skier visits, attendance began declining, explains the report. In the winter 2017/18 season, skier visits fell by 2.7 percent to 53.3 million, according to Vanat's report, which ...
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BasicNet’s consolidated revenues jump by nearly 39%
BasicNet, the parent company of Kappa, Robe di Kappa, K-Way, Superga, Sebago and other brands, posted aggregate sales of €241.6 million in the first quarter of 2019, representing an increase of 16.1 percent from last year's first quarter, with a growth of 15.9 percent in local currencies.Consolidated revenues jumped by ...
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Skechers’ shares drop despite record revenues
After passing the $1 billion revenue threshold in the fourth quarter of 2018, Skechers USA ended up again with record sales in the first quarter. They reached $1,280 million, an increase of 2.1 percent over the year-ago quarter. In constant currencies, revenues increased by 5.6 percent. This was fueled by ...
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E-bikes and fishing lift Shimano’s sales
Just as in 2018, robust sales of components for e-bikes in Europe and strong sales of fishing products globally boosted Shimano's results for the first quarter of 2019. The company's net income soared from 1,091 million yen (€8.7m-$9.8m) in the first quarter of 2018 to ¥13,384 million (€107.5m-$119.9m) this quarter, ...
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Further escalation in football contracts
The cost of sponsoring a high-ranked football property continues to increase, particularly as brands like Puma and New Balance selectively compete for certain contracts against Adidas and Nike. Furthermore, the sports brands are now preferring to spend more on sports marketing rather than TV advertising because they can save money ...
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Macron’s revenues increase to nearly €100 million
Macron posted revenues of €97.8 million in 2018, representing an 18.3 percent increase as compared to 2017. The company improved its turnover in most European countries as well as in North America and Southeast Asia. In these two regions, the growth rate was double-digit. The company's Ebitda increased to €13 ...
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Signa Sports United offers sports clubs support for digitization
Signa Sports United – a subsidiary of the Signa group, which also owns Karstadt Sports – says it is aiming to support sports clubs in their digitization. The company has signed partnership agreements with two German technological service providers, Soccerwatch.tv and Tracktics, for its more specialized online sports retail operations, which include Outfitter, ...
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Adidas presents its first fully recyclable running shoe
Adidas has unveiled the new Futurecraft.Loop, a 100 percent recyclable performance running shoe that is meant to contribute to the global battle against plastic waste. The company has described the shoe as its “first running shoe that is made to be remade.” The Futurecraft.Loop is aimed at enabling a “closed ...
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Ispo study gives insights into purchasing behaviors
A new online survey of active consumers across Europe performed by Ispo shows that they prefer to buy for the long term. The durability of a sports product is perceived as a quality feature and is an important purchasing criterion for 75 percent of the respondents, and 37 percent also ...
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Trade in fakes rises to 3.3% of world trade
The trade in counterfeit and pirated products has grown steadily in the last few years. With a value estimated at $509 billion, it came to represent an estimated 3.3 percent of world trade in 2016, up from 2.5 percent in 2013, according to a new report by the OECD and ...
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Russia is not ready for shoe tags
Russian footwear manufacturers and retailers are asking the federal government to postpone the introduction of compulsory tagging of all shoes on the domestic market with RFID chips. The new regulations, which are slated to come into force on July 1, were partly meant to crack down on sales of fake ...
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A new mission statement for Foot Locker
Foot Locker is changing the message that it is sending out globally, while improving the customer experience over the internet and in its own stores. Instead of positioning itself as the leading international athletic footwear retailer, it wants to take a place in the middle of both the sport and ...
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Stable Deichmann buys a chain of sneaker shops in the U.S.
The big family-owned German-based shoe retailer, which also owns Ochsner Sport in Switzerland, has continued its expansion in the U.S. with the takeover of KicksUSA. Founded in 2002, the American retail chain, which specialized in the area of sneakers, athletic shoes and clothing, operates 64 stores on the East Coast, ...
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Cisalfa’s founder and CEO dies unexpectedly
Vincenzo Mancini, whose family owns Cisalfa Sport, died suddenly of a heart attack last Saturday, just as he was waiting for his personal fitness coach at his home in Tivoli, a town near Rome. Aged 65, he is said to have been working long hours over the past couple of ...
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Sportmaster rents a giant warehouse near Moscow
The leading Russian sporting goods retailer has signed a long-term lease with Colliers International for a 35,000-square-meter warehouse in the Kholmogory industrial park near Moscow. This contract was described as one of the biggest of the kind concluded in Russia over the past year.Kholmogory is said to be perfectly located ...
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Weak sales at a regional Russian sports retailer
In 2018, the Russian regional sporting goods retailer Champion closed one of its biggest stores in the country as the expectations about the future of the domestic market remained rather gloomy.In total, Champion operated 27 stores from Samara in the Volga federal district to Krasnoyarsk in Siberia at the end ...
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The first Sport 2000 Absolute Run store opens in Bonn
Last summer, Sport 2000 International announced its new “Absolute” retail format, a verticalized concept developed by its main voluntary chains in Europe that is designed to strengthen the quality of its services and its cooperation with affiliated retailers and suppliers in four specific product categories: outdoor, team sports, running and ...
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JD gets more, Ashley loses more
JD Sports Fashion has announced that its offer to acquire the Footasylum chain has become unconditional, as it has received pledges for 91.82 percent of its equity. JD, which previously bought The Finish Line in the U.S., will soon request a de-listing of the British sports lifestyle retail chain from ...