News briefs – Page 5
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News briefs
Himaraya has reported a 66 percent increase in comprehensive net...
Himaraya has reported a 66 percent increase in comprehensive net income to 837 million yen (€6.57m-$7.47m) for the financial year ended on Aug. 31. Net earnings spiked as well, up 70 percent to ¥728 million (€5.71m-$6.50m). The Japanese sporting goods retailer's revenues were nevertheless down by 7 percent to ¥67.97 ...
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News briefs
The Thule Group reported a 12.7 percent sales increase for...
The Thule Group reported a 12.7 percent sales increase for the third quarter to 1.56 billion Swedish kronor (€150.6m-$170.4m). The growth in local currencies amounted to only 3.8 percent, with a drop of 4.4 percent in the Americas compensated for by a 7.8 percent increase in Europe and the rest ...
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News briefs
Defying the apparent slowdown of the Chinese economy, Li-Ning Company...
Defying the apparent slowdown of the Chinese economy, Li-Ning Company put out a very positive preliminary statement for the third quarter ended on Sept. 30. Sales increased by a rate in the low-teens on a comparable basis in its retail operations during the quarter. Most of the growth came from ...
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News briefs
Zalando has once again reduced its guidance for the current...
Zalando has once again reduced its guidance for the current financial year, indicating that a very hot and long summer affected its sales, resulting in heavy discounting, and delayed the switch to autumn/winter season. The big e-tailer is now expecting its revenues to grow at the low end of its ...
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News briefs
The Willy Bogner group raised its sales by about 5...
The Willy Bogner group raised its sales by about 5 percent to €71.9 million for the first half of the current fiscal year, which will be ending this month, aided by strategic changes launched in 2016 and implemented since last November under the new leadership of Andreas Baumgärtner. This marks ...
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News briefs
The FC Barcelona club reported record revenues of €914 million...
The FC Barcelona club reported record revenues of €914 million for the 2017/18 season, up from €708 million in the previous year. Ebitda went up to €177 million from €124 million. Higher sponsorship revenues, including those obtained through a new shirt deal with Japan's Rakuten, were only one of the ...
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News briefs
Due to a shift in sales toward the second half...
Due to a shift in sales toward the second half of the year, the turnover of Le Coq Sportif declined to €56.8 million for the first six months of this year, down from €57.6 million in the prior-year period, but the French brand substantially raised its profit margins. A sharper ...
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News briefs
Zumiez, the American action sports retailer whose holdings include Blue...
Zumiez, the American action sports retailer whose holdings include Blue Tomato in Europe, continued to improve its results in the second quarter ended Aug. 4. Total revenues went up by 13.9 percent to $219.0 million, with a 6.3 percent increase on a comparable basis. Sales grew by 14 percent to ...
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News briefs
The Swiss sporting goods market suffered an estimated decline of...
The Swiss sporting goods market suffered an estimated decline of 2 percent at retail during the first six months of 2018, according to joint research conducted by GfK and Asmas, the Swiss sporting goods retailers' association, with online sales growing at a double-digit rate. Poor weather conditions at the beginning ...
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News briefs
With a double-digit sales increase for the second quarter and...
With a double-digit sales increase for the second quarter and the first half ended June 30, Europe outperformed other markets for Giant Manufacturing Co., thanks to the strengthening demand for e-bikes. Sales remained soft in China, although the company was encouraged by an increase in high-end carbon bikes in the ...
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News briefs
Descente reported a 28 percent increase in attributable net income...
Descente reported a 28 percent increase in attributable net income to 975 million yen (€7.7m-$8.8m) for its fiscal first quarter ended June 30, while total revenues went up by 2 percent to ¥30.8 billion (€244.6m-$279.0m), driven by Le Coq Sportif in Japan and the Descente brand in China. Sales in ...
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News briefs
Yonex reported a 9 percent drop in revenues to 14.5...
Yonex reported a 9 percent drop in revenues to 14.5 billion yen (€115.1m-$131.3m) for its first fiscal quarter, ended June 30. Sales fell by 9 percent in the Japanese domestic market, down to ¥9.25 billion (€73.4m-$83.7m), with declines in tennis as well as badminton. Sales in China drifted down by ...
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News briefs
A foreign currency loss of 712 million yen (€5.6m-$6.4m) caused...
A foreign currency loss of 712 million yen (€5.6m-$6.4m) caused Globeride, the owner of the Daiwa brand of fishing products and the distributor of Prince in Japan, to book a net loss of ¥248 million (€1.9m-$2.2m) for its fiscal first quarter ended June 30, compared with net income of ¥497 ...
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News briefs
Non-performance sneakers, also known as “athleisure” footwear, is now driving...
Non-performance sneakers, also known as “athleisure” footwear, is now driving growth in the sports leisure category in the U.S., according to NPD's Footwear Insights report for the second quarter of the year. Leisure sneakers - which include sport lifestyle and boots — saw sales increase by 7 percent to $2.9 ...
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News briefs
Women's sports attract more and more people in the U.K....
Women's sports attract more and more people in the U.K. According to new research by Nielsen Sports for the Women's Sport Trust and England Hockey, more than half of the U.K. population (59 percent) declares an interest in women's sports. Data show the growth of women's sport as a sponsor ...
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News briefs
Groupe Go Sport's sales moved up by 8.6 percent to...
Groupe Go Sport's sales moved up by 8.6 percent to €406 million for the first half of this year, as reported by its majority shareholder, the Rallye group. On a same-store basis and in constant currencies, its sales were up by 4.2 percent for the six months. The entire retail ...
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News briefs
Clarus Corporation, the parent company of Black Diamond, improved its...
Clarus Corporation, the parent company of Black Diamond, improved its guidance, predicting a sales increase of between 20 and 23 percent this year and an adjusted Ebitda margin of about 8.5 percent, while reporting on a very strong second quarter. Sales went up by 50 percent to $45.9 million during ...
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News briefs
Yue Yuen warns that it expects to report first-half declines...
Yue Yuen warns that it expects to report first-half declines of 5.5 percent in revenues and about 40 to 45 percent in profits for its manufacturing operations. The lower revenues are attributed to fluctuating order patterns and an unfavorable product mix. The drop in profits for the period ended June ...
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News briefs
Adidas took six of the top ten spots in a...
Adidas took six of the top ten spots in a recent ranking of world's most Instagrammed sneakers. Meanwhile, the survey found that 53 percent of the world's most Instagrammed sneakers were Nike models. The Adidas NMD, which took the top spot, was mentioned in 5.7 million posts, followed by the ...
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News briefs
While its sales in the Americas dipped by 6 percent...
While its sales in the Americas dipped by 6 percent in the second quarter, with a drop of 4 percent in constant currencies, the Thule Group's sales in Europe and the rest of the world jumped by 18 percent, or 12 percent in local currencies, driven by Sport & Cargo ...
