News briefs – Page 4
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News briefs
Women's presence in the sport business is on the rise,...
Women’s presence in the sport business is on the rise, and that applies to clubs, businesses, products and customers alike. According to a study on “Women in Sport Business,” conducted by Ispo Munich 2019, two thirds of the manufacturers have products for women in their assortment. Nearly half (46 percent) ...
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News briefs
The fitness division of Brunswick Corp., which includes Life Fitness,...
The fitness division of Brunswick Corp., which includes Life Fitness, Cybex, Hammer Strength, Indoor Cycling and SciFit, reported flat sales of $1,038.3 million for the 2018 financial year, just as the group is gearing up to spin it off by the end of the present quarter, or soon thereafter. In ...
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News briefs
Led by a strong performance by Sierra and the continued...
Led by a strong performance by Sierra and the continued strength of Black Diamond, especially in apparel, Clarus' sales for its full 2018 financial year jumped by 24 percent to around $212 million. This included a growth of around 10 percent for Black Diamond and of about 15 percent – ...
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News briefs
Blaming strong competition from online retailers, Himaraya reported a drop...
Blaming strong competition from online retailers, Himaraya reported a drop of 1.4 percent to 34.6 percent in its gross margin for the first quarter of its financial year, ended on Nov. 30. The Japanese retailer's net loss expanded to 195 million yen (€1.56m-$1.78m) from ¥48 million in the year-ago period. ...
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News briefs
Stella International has reported a 6.4 percent increase in the...
Stella International has reported a 6.4 percent increase in the volume of footwear sold by its manufacturing facilities in 2018. They reached a total of 60.2 million pairs, but the revenues generated by the business rose by only 2.7 percent to more than $1.5 billion.
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News briefs
Despite widespread, negative reports of construction delays, cost overruns, forced...
Despite widespread, negative reports of construction delays, cost overruns, forced evictions from the favelas (slums), a Zika epidemic and a suspiciously green pool, the 2016 Summer Olympic Games have proved to be of net economic benefit to the city and metropolitan area of Rio de Janeiro, according to a study by ...
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News briefs
Complementing our exclusive charts on the major sports retailers in...
Complementing our exclusive charts on the major sports retailers in the main European countries, the Norwegian sporting goods industry association, Norsk Sportsbransjeforening, is sharing with us some additional figures that show the estimated share of online sales in the market. They indicate that internet sales of sporting goods were worth ...
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News briefs
Under Armour suffered an 11 percent drop in its share...
Under Armour suffered an 11 percent drop in its share value after warning investors that its sales are likely to be flat in North America in 2019, growing overall by between 3 and 4 percent against a consensus estimate of 5 percent. On the other hand, the gross margin for ...
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News briefs
Cherokee Brands, which owns Hi-Tec, posted net income of $63,000...
Cherokee Brands, which owns Hi-Tec, posted net income of $63,000 in the third quarter, turning around from a loss of $2.5 million in the same period of last year. Licensing revenues declined by 25 percent to $5.84 million because of the transition of several brands in Cherokee's portfolio to a ...
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News briefs
Zalando booked a net loss of €41.7 million in the...
Zalando booked a net loss of €41.7 million in the third quarter, up sharply from €11.1 million in the year-ago period, while sales growth slowed down to 11.7 percent from 28.7 percent. The adjusted operating profit (Ebit) sank to a negative level of €38.9 million on total turnover of €1.2 ...
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News briefs
While golf club memberships have stabilized in Europe, full-course golfing...
While golf club memberships have stabilized in Europe, full-course golfing has declined by 30 percent over the past decade. According to John Bushell, managing director of Sports Marketing Surveys SMS, the drop does not signal a decline in golfing overall. Instead, it signals a broadening of the ways in which ...
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News briefs
In reporting its results for the third quarter, Canadian Tire...
In reporting its results for the third quarter, Canadian Tire said that Helly Hansen, the company that it recently acquired, had sales of 181.7 million Canadian dollars (€120.3m-$137.8m) during the period, of which C$ 25.2 million (€16.7m-$19.1m) were generated in Canada and C$ 156.5 million (€103.7m-$118.7m) in the rest of ...
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News briefs
Goldwin, which also controls The North Face's trademark in Japan...
Goldwin, which also controls The North Face's trademark in Japan and has a stake in Woolrich International, saw net income shoot up by 47 percent to ¥1,563 million (€12.2m-$13.9m) for the first half of the year, which ended on Sep. 30. Sales for the period were up by 16 percent ...
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News briefs
Higher sales of Dunlop tennis products and XXIO 10 golf...
Higher sales of Dunlop tennis products and XXIO 10 golf clubs, combined with improvements at Srixon and Cleveland Golf, helped Sumitomo Rubber's sports division to record better results in the U.S. and Europe in the first nine months of this year. The division's global sales went up by 10 percent ...
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News briefs
Yonex' sales of tennis racquets went up in North America...
Yonex' sales of tennis racquets went up in North America and Europe in the first six months of its financial year, ended on Sept. 30, driven by Naomi Osaka's big victory at the U.S. Tennis Open, but badminton sales declined. Total revenues dropped by 5 percent to ¥30.6 billion (€237.4m-$272.1m), ...
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News briefs
Globeride, the owner of the Daiwa brand and the Japanese...
Globeride, the owner of the Daiwa brand and the Japanese distributor of Prince, reported a 69 percent decline in comprehensive net income to ¥738 million (€5.7m-$6.6m) in the first half ended on Sept. 30, due to a negative currency swing of about ¥2.2 billion. Sales edged up by one percent ...
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News briefs
The Brazilian e-tailer Netshoes has reported a net loss of...
The Brazilian e-tailer Netshoes has reported a net loss of 136.4 million Brazilian reais (€31.9m-$36.5m) for the third quarter of this year, roughly triple the net loss reported a year ago. Sales for the period were down 3 percent to R$ 417.8 million (€97.8m-$111.7m), while the gross margin shrank fourfold ...
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News briefs
Vista Outdoor reported a 7 percent drop in total sales...
Vista Outdoor reported a 7 percent drop in total sales to $547 million in the second quarter ended on Sept. 30. Excluding the eyewear brands that it has just divested, sales were flat in the Outdoor Products segment, which includes Camelbak, Camp Chef and other brands. The group recorded a ...
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News briefs
Vans has achieved nearly half the “mindshare” value of Nike...
Vans has achieved nearly half the “mindshare” value of Nike in the U.S. for the current season, according to Piper Jaffray's latest Taking Stock With Teens survey. Besides Vans, Adidas, Lululemon and Crocs showed progress. Surprisingly, Crocs tripled its mindshare as compared to the spring of 2017, reaching the 12th ...
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News briefs
Alpen reported a 58 percent dip in comprehensive net income...
Alpen reported a 58 percent dip in comprehensive net income to 1,620 million yen (€12.7m-$14.4m) on 3 percent higher revenues of ¥227.6 billion (€1.8bn-$2.0bn) for the financial year ended on June 30. On an adjusted basis, the Japanese retailer's net income declined by 28 percent to ¥1,979 million (€15.5m-$17.5m). The ...
