All Sporting Goods Intelligence articles in Volume 23, Issue 32-33
View all stories from this issue.
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Article
Poor quarter for Lafuma
After rising for six consecutive quarters, the revenues of the Lafuma Group declined by 11.4 percent in the third quarter ended June 30 to €38.8 million, as compared to the same period a year ago. The management blamed unfavorable weather conditions and the poor economy in Europe. All the divisions ...
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Article
Rapala’s sales inch up
Rapala reported net sales up by 3 percent from last year to €83.7 million for the second quarter of 2012, and up by 1 percent to €157.1 million for the first half . Sales were supported, in particular, by foreign exchange rates and a growing business in North America, ...
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News briefs
Skechers said it is growing through its own retail stores...
Skechers said it is growing through its own retail stores and in its new performance division. However, its total revenues went down to $384.0 million the second quarter from $434.0 million in the year-ago period. As the cleanup of its inventories of toning shoes is now substantially completed, the net ...
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Article
Mixed picture for German sports retailers
The European football championships and other factors helped the two major German buying groups improve their sales in the first half of this year. Another boosting factor was the fact that the first half of 2011 was particularly bad. The German retailers who are affiliated with Intersport saw their sales ...
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News briefs
Volcom is ready to start its first store in Spain....
Volcom is ready to start its first store in Spain. The exact address has not been disclosed, but the company has said that the store would be located in Barcelona.
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Article
Far-reaching European reorganization at Puma
Puma intends to overhaul its European structure, cuttting back part of its national organizations and forming instead seven regional units – with dedicated sales and marketing staff for each country, but with regional back office functions and warehousing. The cutbacks are meant to make the company more efficient in Europe, ...
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Article
Puma’s European sales weaken
The restructuring measures were unveiled as Puma reported weakening sales in Europe in the second quarter. They declined by 2.2 percent to €283.6 million, amounting to a decline of 3.0 percent in constant currencies. ...
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News briefs
The organizers of the Eurobike fair in Friedrichshafen are looking...
The organizers of the Eurobike fair in Friedrichshafen are looking forward to another record-breaking edition at the end of August, in spite of reports about three prominent companies pulling out of the show. Trek Europe already confirmed early this year that it would not attend Eurobike and that it would ...
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Short stops
One Way is entering the Spanish market through Global Serdis...
One Way is entering the Spanish market through Global Serdis
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Article
Sports Direct is entering Hungary and Iceland
Sports Direct International (SDI), the leading British sports retailer and brand owner, is moving ahead with its plan to open stores across Europe in the coming years. After its moves into Slovenia, Cyprus, Portugal and France in the last years, the company has opened its own store in Hungary and ...
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Article
Deckers posts a higher loss, Teva declines
The parent company of Teva, Ugg, Sanuk and other brands reported a lower loss than expected for the second quarter ended June 30. It amounted to $20.1 million, up from $7.5 million in the same period a year ago, on 13.1 percent higher overall revenues of $174.4 million. While ...
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Article
Icelandic dealer joins Stag
Sports Direct 's landing in Iceland last May (see previous article) led one of the few local sporting goods retailers, Oli Sigurdarson , to join Stag , the big British buying group, which has been expanding also in Ireland lately. The main objective is to obtain better conditions ...
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Article
Retail pushes up Crocs, but Europe underperforms
Crocs' sales grew by 12.0 percent in the second quarter to $330.9 million, fueled by the Americas and Asia. In Europe, sales fell by 5.2 percent in terms of dollars. In local currencies, however, European sales dropped by 0.5 percent at wholesale and by 7.1 percent over the internet. They ...
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News briefs
William Staub, the man credited with inventing the treadmill for...
William Staub, the man credited with inventing the treadmill for home use, has passed away. He was 96 years old, but he had been on a treadmill only two months ago. The American mechanical engineer had an aerospace company; he founded a company, Aerobics Inc., in 1968 to make his ...
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Article
The North Face continued its success story in the quarter
The North Face has been enjoying strong sell-through at retail, leading to pre-orders that were up by a low-double-digit rate at the end of June . This came after a robust performance in the sec ond quarter, during which the outdoor brand's turnover increased by 14 percent in dollars ...
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News briefs
With company officials estimating that the snow sports market has...
With company officials estimating that the snow sports market has contracted by 20 percent, Tecnica Group has asked public authorities to finance 118 temporary layoffs from its staff of 418 employees at Giovera del Montello, where its Italian head office and production unit is located. This would be in addition ...
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News briefs
Oxylane, the parent company of Décathlon, plans to open a...
Oxylane, the parent company of Décathlon, plans to open a big new distribution center in the autumn of 2013 at Rouvignies, near Valenciennes and the French border with Belgium, to service its stores in Northern Europe. The new logistic platform will start on a surface of 57,000 square meters, building ...
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News briefs
The community of Navarre, in northern Spain, has released the...
The community of Navarre, in northern Spain, has released the findings of its campaign “Juega, come y diviértete on Tranqui” (Play, eat and have fun with Tranqui), devoted to fighting childhood obesity. Data show that the number of overweight children in the territory has gone down by 17 percent since ...
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Article
Columbia posts improved quarterly results
Columbia Sportswear reported an increase in consolidated net sales of 8 percent to $290.4 million for the second quarter, and the company's seasonal loss declined by 42 percent to $7.9 million . Changes in currency exchange rates caused had a negative effect of one percentage point. Sales growth in ...
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Short stops
Joma will sponsor Santiago Giraldo, a Colombian tennis player, until...
Joma will sponsor Santiago Giraldo, a Colombian tennis player, until the end of 2014
