All Sporting Goods Intelligence articles in Volume 27, Issue 27-28 – Page 5
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Article
Sports shoes rose faster than apparel in 2015, globally and in Europe
Fuelled by the growing popularity of sneakers used as casual footwear, the major sports brands performed much better in the footwear segment than in the bigger and more fragmented sports apparel market in 2015, according to an annual survey conducted by Sporting Goods Intelligence. The same happened in the previous ...
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Short stops
Stubai is recalling about 20 Tour Lite Telescope ice axes...
Stubai is recalling about 20 Tour Lite Telescope ice axes sold in the U.S. because the knife in the handle can detach, causing possible laceration
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Article
Asics’ Q2 sales and profits slip
Asics Corp.'s consolidated net sales declined by 5.0 percent to 210.68 billion yen (€1.86bn-$2.10bn) in the second quarter, hit by weak demand in Japan and the effects of the strong yen on international sales.As a result, operating earnings fell by 8.8 percent to ¥19.4 billion (€171.7m-$193.5m) and net income slid by ...
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News briefs
Jart of Spain will produce 100 skateboards, designed by Eduardo...
Jart of Spain will produce 100 skateboards, designed by Eduardo Chillida, to help poor populations in India as part of its project Solidarity on Wheels. The proceeds from the sale of these skateboards will be used to build a colony of 15 houses in one of the most impoverished areas ...
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News briefs
With total sales up by 7 percent to 10.7 billion...
With total sales up by 7 percent to 10.7 billion yen (€94.6m-$106.7m), Goldwin reported a comprehensive loss of ¥917 million (€8.1m-$9.1m) for the first quarter ended June 30, up from a loss of 37 million in the year-ago period. Excluding extraordinary items, the quarterly loss declined to ¥62 million (€0.55m-$062m) from ¥214 ...
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News briefs
Descente booked a comprehensive net loss of 1,389 million yen (€12.3m-$13.8m)...
Descente booked a comprehensive net loss of 1,389 million yen (€12.3m-$13.8m) for the first quarter, compared with net income of ¥1,077 million in the year-ago period, for the first quarter to June 30, claiming foreign currency exchange adjustments of ¥2,278 million (€20.1m-$22.7m), apparently related to the appreciation of the yen. Sales ...
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News briefs
Foreign currency losses of 1,118 million yen (€9.8m-€11.1m) and higher...
Foreign currency losses of 1,118 million yen (€9.8m-€11.1m) and higher investments forced Globeride to post a comprehensive net loss of ¥370 million (€3.0-$3.4m) for the first quarter ended June 30 against a profit of ¥582 million in the previous year. New product development and sales promotions allowed the company to ...
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