All Sporting Goods Intelligence articles in Volume 23, Issue 30-31 – Page 5
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Article
Tecnica Group up by 3%
The Tecnica Group recorded a 3 percent increase in total sales to €394 million last year, generating a rather stable operating profit of around €35 million before amortization (Ebitda). Due to high amortization and financial charges, the group just about broke even for the year, recovering from a small loss ...
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News briefs
In the first half of 2012, 60 percent of the...
In the first half of 2012, 60 percent of the fashion companies listed in the FashionUnited Top 100 Index registered an increase in the value of their stock, with the index rising by 6 percent during the period. The top five performers were Prada (+48%), Collective Brands (+48%), Perry Ellis ...
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News briefs
Oberalp will replace Project 2010 as the distributor of Fischer...
Oberalp will replace Project 2010 as the distributor of Fischer Sports in Italy, starting in March 2013. The deal is described as a strategic partnership that will involve cooperation in product development, branding and marketing. The two family-owned companies already collaborate through the studio of Antonio Dus in Montebelluna, which ...
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News briefs
Stéphane Solinski has been appointed general manager of Sport 2000...
Stéphane Solinski has been appointed general manager of Sport 2000 France after the departure of Frédéric Dekeyser, who led the buying group's operational and financial restructuring plan in the last two years. The 44-year-old Solinski started his career in marketing functions in the car industry, notably at Renault. In 2002 he switched to the retail ...
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News briefs
K2 Sports reshuffles its European sales team. Carsten Kleffner is...
K2 Sports reshuffles its European sales team. Carsten Kleffner is the new sales manager for K2 Skates Europe. Kleffner had been responsible for K2 Snowboarding as sales manager for over ten years, a position that he will pass on to Andreas Threimer, previously in charge of the marketing of K2 ...
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News briefs
Descente's net income improved by 18.2 percent for the financial...
Descente's net income improved by 18.2 percent for the financial year ended March 31 to 3,045 billion (€31.6b-$38.5b), as revenues grew by 8 percent to 83.03 billion 83.03 (€862.6m-$1,050.0m). The gross margin rose to 48.70 percent from 47.55 percent.
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News briefs
Callaway Golf saw its share price fall by 14 percent...
Callaway Golf saw its share price fall by 14 percent to $5.52 in early trading after the company's new management released a revised estimate of its financial performance, predicting a loss of 55 to 75 cents a share for this year. The loss will be partly due to charges associated ...
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News briefs
Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m)...
Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m) for the financial year ended March 31. Net income improved by 75.39 percent to 2.62 billion (€27.2m-$33.1m). The gross margin for the Japanese company, which is mainly engaged in the manufacture and sale of sports apparel, dropped from 41.44 percent ...
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News briefs
Golfsmith announced a 12 percent increase in group revenues to...
Golfsmith announced a 12 percent increase in group revenues to $146.0 million in the second quarter ended June 30, compared with net revenues of $130.2 million for the same period of fiscal 2011. Comparable store sales went up by 4.7 percent, but the company registered a 4.8 percent decrease in ...
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News briefs
The minimum wage has been raised by $10 to $80...
The minimum wage has been raised by $10 to $80 per month for the 650,000 workers employed in Cambodia's 700 shoe and apparel manufacturing plants. The wage negotiations were supervised by the Asian country's Ministry of Labor. In addition to the new minimum guaranteed salaries, workers will get a monthly ...
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Short stops
Erima has extended its 10-year-old cooperation with the Austrian football...
Erima has extended its 10-year-old cooperation with the Austrian football federation
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News briefs
Nike has opened a 14,000-square-foot store dedicated to runners in...
Nike has opened a 14,000-square-foot store dedicated to runners in New York City. The two-story shop is at Fifth Avenue and West 20th Street and includes an iPad gait analysis, free bag storage for runners and a free club for evening runs with cunning coach Margot Fleming.
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