News briefs – Page 11
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News briefs
The number of golf rounds played in the U.K. in...
The number of golf rounds played in the U.K. in the second quarter of 2017 increased by 4 percent as compared to the same period of 2016, according to a study by Sports Marketing Surveys (SMS). The second quarter of the year was characterized by warm and dry weather, especially ...
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News briefs
The global revenues from branded outdoor shoes by major vendors...
The global revenues from branded outdoor shoes by major vendors grew by 2.9 percent to $4.71 billion in 2016, according to an annual survey by The Outdoor Industry Compass, with increases of 2.4 percent in the U.S. and 3.5 percent in the rest of the world. The branded rugged outdoor ...
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News briefs
Puma's good results for the second quarter were again partly...
Puma's good results for the second quarter were again partly offset by weaker results at Volcom and other parts of Kering's Sport & Lifestyle segment, which continued to struggle in a difficult retail environment in the U.S. The total revenues of the segment increased by 15.7 percent to $1,022.4 million ...
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News briefs
The Thule Group reported a 13.3 percent increase in sales...
The Thule Group reported a 13.3 percent increase in sales to 1,955 million Swedish kronor (€205.0m-$241.0m) for the second quarter ended June 30, up by 8.6 percent in local currencies. The operating margin reached 24.3 percent, improving by 1.2 percentage point on a currency-neutral basis. Net income went up to ...
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News briefs
Brunswick Corp. says the performance of its Fitness division will...
Brunswick Corp. says the performance of its Fitness division will begin to be favorably impacted by new product introductions, changes in manufacturing and further cost realignment actions from the second half of 2017. In the second quarter ended June 30, the division posted a 9 percent sales increase to $250.5 ...
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News briefs
Erima recorded a plus of 1.5 percent in sales to...
Erima recorded a plus of 1.5 percent in sales to nearly €30 million for the first half of 2017. The company has grown strongly over the last three years, particularly in its home market of Germany. After a dip in the early part of the year, sales rebounded in the ...
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News briefs
The Sequential Brands Group saw its revenues rise by 23...
The Sequential Brands Group saw its revenues rise by 23 percent to $42 million in the second quarter. Adjusted Ebitda went up by 43 percent to $24.7 million. The net result was a net profit of $2.53 million against a loss of $62,000 in the same period a year ago, ...
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News briefs
The consumption of new bicycles declined by 5 percent in...
The consumption of new bicycles declined by 5 percent in terms of units in Europe last year, according to Conebi, the European bicycle industry federation. They went down to 19.6 million units from 20.6 million units in 2015, falling by 6.9 percent in Germany, 13.7 percent in the U.K. and ...
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News briefs
JD Sports Fashion informed investors at its shareholders meeting on...
JD Sports Fashion informed investors at its shareholders meeting on June 29 that its comparable store sales and significant growth in online sales have been in line with expectations since it reported its results for the fiscal year up to Jan. 28. Peter Cowgill, chief executive of the sports and ...
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News briefs
The situation of Italy's sporting goods industry is improving, and...
The situation of Italy's sporting goods industry is improving, and the industry is mainly investing in innovation, internationalization and digitalization. This is what emerged from the recent General Assembly of Assosport, the Italian sporting goods industry association, which was held in Vicenza on June 29. The industry is worth €8.6 ...
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News briefs
The sale ski passes at Swedish alpine ski areas increased...
The sale ski passes at Swedish alpine ski areas increased by almost 6 percent to nearly 1.5 billion Swedish kronor (€155.8m-$178.6m) during the winter 2016/2017 season. The number of ski days also increased and was just over nine million. This is good news for the alpine ski market and the ...
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News briefs
Preliminary figures collected by the European Outdoor Group among more...
Preliminary figures collected by the European Outdoor Group among more than 100 brands for its annual State of the Trade research project indicate that the European outdoor market grew last year at the wholesale level by 3.4 percent in volume and by 3 percent in value to €5.47 billion. Factoring ...
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News briefs
Dunlop of Japan turned around to net profit of 602...
Dunlop of Japan turned around to net profit of 602 million yen (€4.85m-$5.44m) in the first three months of this year from a loss of ¥864 million in the year-ago period, thanks to cost cuts. Sales were essentially flat overall and in each major category and each major market. They totaled ...
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News briefs
361 Degrees, the Chinese sports apparel and footwear brand, saw...
361 Degrees, the Chinese sports apparel and footwear brand, saw its comparable store sales improve by 7.0 percent in the first quarter, as it continued to focus on store productivity. The average retail discount reached 26.5 percent for the three months. The 361 Degrees Kids brand did even better, with ...
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News briefs
According to a study conducted in March by a Spanish...
According to a study conducted in March by a Spanish business consultancy, MHE Consumer, Decathlon is the sports or fashion retailer that best combines offline and online retail activities in the Spanish market. Salsa, which belongs to the Portuguese Sonae group, and Mango, were ranked second and third. The others ...
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News briefs
Cherokee, which bought Hi-Tec Sports last year and licensed it...
Cherokee, which bought Hi-Tec Sports last year and licensed it out, reported revenues of $7.8 million from the brand for the fourth quarter ended Jan. 28, comprising licensing revenues of $1.2 million and $6.6 million worth of indirect product sales related to distribution and government contracts. The business generated a ...
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News briefs
Sequential Brands reported an increase in its net loss to...
Sequential Brands reported an increase in its net loss to $1,180,000 for the first quarter of 2017 in spite of a 16 percent increase in licensing revenues to $39.4 million, led by gains at its Avia and Heelys brands. Heelys, which now has a presence in 185 countries, is developing ...
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News briefs
Iconix, another big American brand owner whose assets include Umbro,...
Iconix, another big American brand owner whose assets include Umbro, Danskin, Starter, Ocean Pacific and other brands, saw its licensing revenues decline by 13 percent to $58.7 million, due to the divestiture of several brands. The net result was a net loss of $4,280,000 against income of $18,616,000 in the ...
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News briefs
Descente's net income fell by 28 percent to 5,650 million...
Descente's net income fell by 28 percent to 5,650 million yen (€45.9m-51.2m) in the year ended March 31. Sales dropped by 3 percent to ¥131.5 billion (€1.1bn-$1.2bn), and the Japanese group attributed this to the strong yen and economic stagnation in Korea. They were flat at ¥54.4 billion (€442.6m-$492.6m) in ...
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News briefs
In the financial year ended March 31, Yonex' comprehensive net...
In the financial year ended March 31, Yonex' comprehensive net income jumped by 61 percent to 2,727 million yen (€22.0m-$24.5m), while its revenues rose by 13 percent to ¥61.04 billion (€489.5m-$544.2m). The gross margin inflated by 0.7 percentage points to 43.9 percent. The Chinese market was the key growth driver ...
