News briefs – Page 10

  • News briefs

    Regatta posted an 18.5 percent increase in sales to £139.8...

    2017-10-16T00:00:00Z

    Regatta posted an 18.5 percent increase in sales to £139.8 million (€155.9m-$184.7m) for the year ended Jan. 31. According to filed accounts, 5.6 percent of the increase was attributable to the depreciation of the pound sterling. The company, which is based in Manchester, trades under two brand names - Regatta ...

  • News briefs

    Piper Jaffray's semi-annual survey of American teenagers provides further evidence...

    2017-10-16T00:00:00Z

    Piper Jaffray's semi-annual survey of American teenagers provides further evidence that the U.S. market is shifting away from big American athletic brands like Nike and Under Armour and toward streetwear brands like Vans or Supreme. Nike remains the #1 brand of athletic apparel and footwear, but its share of teen ...

  • News briefs

    The Spanish sporting goods industry federation, Afydad, is putting up...

    2017-10-16T00:00:00Z

    The Spanish sporting goods industry federation, Afydad, is putting up for sale to non-members a study of the sporting goods sector conducted by Sport Panel, charging €1,000 + VAT. Its members have already received it. The study analyzes the present state of the sector at the retail and consumption levels, ...

  • News briefs

    Operating expenses related to Hi-Tec's acquisition and other extraordinary items,...

    2017-09-28T00:00:00Z

    Operating expenses related to Hi-Tec's acquisition and other extraordinary items, caused Cherokee Global Brands to post a net loss of $589,000 in the second quarter against net income of $1.9 million in the year-ago period. Boosted by indirect sales of $5.95 million from Hi-Tec, total revenues rose to $14.0 million ...

  • News briefs

    Beating its previous guidance, Manchester United reported a 12.8 percent...

    2017-09-28T00:00:00Z

    Beating its previous guidance, Manchester United reported a 12.8 percent increase in revenues to £581.2 million (€664.2m-$780.1m) for the financial year ended June 30, placing it ahead of Real Madrid as the world's N° 1 football club in terms of turnover. Ebitda grew by more than 17 percent to £199.8 ...

  • News briefs

    Adidas has passed the Jordan brand as the second-largest sports...

    2017-09-28T00:00:00Z

    Adidas has passed the Jordan brand as the second-largest sports footwear brand in the U.S. market, based on the athletic footwear report from the NPD Group for the year to date until August. The estimate marks a remarkable rise in the Adidas brand's footwear market share to 11.3 percent, compared ...

  • News briefs

    Interbrand assigned a brand value of $27 billion to Nike...

    2017-09-28T00:00:00Z

    Interbrand assigned a brand value of $27 billion to Nike for 2017, up by 8 percent from the previous year. It came in 18th place on Interbrand's list of the most powerful brands, which continued to be led by Apple. At the top of the list, higher increases were recorded ...

  • News briefs

    GfK is predicting a recovery for the Swiss sporting goods...

    2017-09-28T00:00:00Z

    GfK is predicting a recovery for the Swiss sporting goods market, after several bleak years resulting from the strong Swiss franc and the capricious winter weather. According to the market research company, the Swiss market may end the current calendar year with an increase of between two and three percent ...

  • News briefs

    Netshoes, which remains the largest pure e-commerce player in the...

    2017-09-04T00:00:00Z

    Netshoes, which remains the largest pure e-commerce player in the Brazilian market and in Latin America, booked a 15 percent increase in net sales to 461.3 million Brazilian reais (€123.7m-$146.7m) in the second quarter ended June 30, but the quarterly net loss grew to R$35.2 million (€9.4m-$11.2m) from R$33.6 million a year ...

  • News briefs

    Giant Manufacturing saw its comprehensive net income jump by 137...

    2017-09-04T00:00:00Z

    Giant Manufacturing saw its comprehensive net income jump by 137 percent to 1,129.7 million Taiwan dollars (€31.6m-$37.5m) in the second quarter. Excluding a foreign currency gain of NT$ 962 million (€26.9m-$31.9m) and other extraordinary items, profits slipped by 19 percent to NT$ 677.7 million (€19.0m-$22.5m) as revenues fell by 9 percent to ...

  • News briefs

    Japan's Dunlop group turned around to a net profit of...

    2017-09-04T00:00:00Z

    Japan's Dunlop group turned around to a net profit of 1,727 million yen (€13.2m-$15.7m) in the first half ended June 30 from a loss of ¥1,186 million, despite a one percent drop in total revenues to ¥36.16 billion (€276.5m-$327.9m). Excluding foreign exchange gains, net income rose to ¥1,288 million (€9.8m-$11.7m) from ...

  • News briefs

    Beating analysts' estimates, Li & Fung raised its net profit...

    2017-09-04T00:00:00Z

    Beating analysts' estimates, Li & Fung raised its net profit to $91 million for the first half of 2017 from $86 million in the same period last year. Revenues fell by 9 percent to $7.2 billion, however. The Chinese sourcing giant had to leave the Hang Seng benchmark index last ...

  • News briefs

    ISM Search, the European U.K.-based executive recruitment and head-hunting service...

    2017-09-04T00:00:00Z

    ISM Search, the European U.K.-based executive recruitment and head-hunting service specializing in the sporting goods sector, recently conducted a survey among its candidates in the industry to find out the relevant factors in the successful hiring and retention of key talents. According to ISM, it is the first survey of ...

  • News briefs

    As predicted, Zalando's growth softened in the second quarter, rising...

    2017-08-11T00:00:00Z

    As predicted, Zalando's growth softened in the second quarter, rising by 20.1 percent to €1.1 billion, but the company is hoping to hit the upper range of the forecast of 20 to 25 percent for the full financial year. The operating margin (Ebit) declined by 1.4 percentage points to 7.4 ...

  • News briefs

    Strong growth by Champion Europe, especially online, contributed to a...

    2017-08-11T00:00:00Z

    Strong growth by Champion Europe, especially online, contributed to a 7 percent organic increase in Champion's global sales for Hanesbrands during the second quarter. The brand is also enjoying very strong growth in Asia and other markets due to new omnichannel investments. This and other factors, including the acquisition last ...

  • News briefs

    Goldwin made a profit of 412 million yen (€3.2m-$3.8m) in...

    2017-08-11T00:00:00Z

    Goldwin made a profit of 412 million yen (€3.2m-$3.8m) in the first quarter of its financial year, ended June 30, as compared to a loss of ¥62 million in the year-earlier period. Sales rose by 16 percent to ¥12.38 billion (€96.2m-$112.9m). The company is forecasting a profit increase of 2 ...

  • News briefs

    Descente made a comprehensive net income of 2,041 million yen (€15.9m-$18.6m)...

    2017-08-11T00:00:00Z

    Descente made a comprehensive net income of 2,041 million yen (€15.9m-$18.6m) in the first quarter ended June 30 versus a loss of ¥1,389 million in the same period of last year. Excluding the foreign exchange effect and other items, net earnings fell by 27 percent to ¥764 million (€5.9m-$7.0m). Sales grew ...

  • News briefs

    Yonex reported a 45 percent jump in comprehensive net income...

    2017-08-11T00:00:00Z

    Yonex reported a 45 percent jump in comprehensive net income to 455.5 million yen (€3.5m-$4.2m) for the first quarter through June, benefiting from a positive foreign currency swing of ¥222 million (€1.7m-$2.0m). Revenues went up by 4 percent to ¥15.91 billion (€123.6m-$145.0m). Boosted by badminton, sales grew by 4 percent in ...

  • News briefs

    Globeride reports a comprehensive net loss of 370 million yen (€2.9m-$3.4m)...

    2017-08-11T00:00:00Z

    Globeride reports a comprehensive net loss of 370 million yen (€2.9m-$3.4m) for the fiscal first quarter ended June 30, compared with a profit of ¥503 million in the year-ago period. The gross margin went down by 2 percentage points to 35.7 percent. Excluding extraordinary items and foreign exchange losses, the parent ...

  • News briefs

    Adidas trails only the police for attractiveness as a future...

    2017-08-11T00:00:00Z

    Adidas trails only the police for attractiveness as a future employer in the opinion of German students. In a recent survey on careers conducted with more than 20,000 students between the ages of 13 and 18, the sports brand was ranked first in the fashion industry and second overall out ...