All Sporting Goods Intelligence articles in Volume 29, Issue 19-20 – Page 5
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News briefs
A 30 percent jump in sales of electric bikes allowed...
A 30 percent jump in sales of electric bikes allowed Giant Manufacturing to post an overall sales increase of 3 percent to 13.9 billion Taiwanese dollars (€397.0m-$467.5m) in the first quarter of this year. Electric bike sales grew at a double-digit rate in Europe, where the company is planning to boost ...
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News briefs
Globeride's net income surged by 80 percent to 4.26 billion...
Globeride's net income surged by 80 percent to 4.26 billion yen (€32.9m-$38.7m) in the year ended March 31 as the parent company of Daiwa Seiko raised its sales by 8 percent to ¥85.8 billion (€662.2m-$779.7m). Excluding one-time items, net earnings rose by 14 percent to ¥2.49 billion (€19.2m-$22.6m). The gross margin ...
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Short stops
Ralph Nicoletti will retire at the end of 2018 as...
Ralph Nicoletti will retire at the end of 2018 as executive vice president and chief financial officer of Newell Brands
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Article
Head grew by 4% in 2017
Head has reported that its total sales grew last year by 4.0 percent to €428.1 million, mainly due to higher revenues in the group's winter sports and diving divisions, generally in line with overall market trends. As previously reported in SGI Europe, the group's sales in the winter sports sector ...
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News briefs
The Tecnica Group scored better than expected in 2017, booking...
The Tecnica Group scored better than expected in 2017, booking a 10 percent sales increase to €365 million for the year (just above the Rossignol Group). Ebitda went up to €32.3 million from €27.9 million in 2016. The best performances were achieved by Moon Boot, whose sales went up by ...
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News briefs
In its 2016-2017 sustainability report, the Stadium Group showed that...
In its 2016-2017 sustainability report, the Stadium Group showed that it saved nearly eight million liters of water and 277,000 kg of carbon dioxide by using the so-called Solution Dye technique. In addition, the Swedish-based retail group reports that PFCs have been completely phased out of Stadium's production of private ...
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News briefs
2squared Agency has inaugurated its first London showroom. The agency...
2squared Agency has inaugurated its first London showroom. The agency distributes brands including Champion, Diadora, The Couture Club, Android Homme and Marshall Artist. The new 1,500-square-foot showroom, which is located at 16-18 Heneage Street, will be a base for international growth as the agency looks to attract new long-term brand ...
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News briefs
James JJ Gonzales, who has worked for Volcom for 16...
James JJ Gonzales, who has worked for Volcom for 16 years, has been named men's design director. The company has also hired Erica Yary as global women's marketing director.
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News briefs
Goldwin saw its total revenues increase by 16 percent to...
Goldwin saw its total revenues increase by 16 percent to 70.4 billion yen (€543.3m-$639.7m) in the year ended March 31, with 56 percent of them coming from its network of 140 retail stores. The gross margin improved by two percentage points to 48.4 percent. The net profit soared by 120 percent ...
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Article
Macron nears the €100 million sales target
Predicting that its turnover will reach the €100 million threshold in 2018, one year earlier than scheduled under its latest business plan, the leading Italian producer of sports teamwear is planning to move into a new head office in Bologna by 2020 to cope with the steady expansion of its ...
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News briefs
Lululemon opened on June 1st its first flagship store in...
Lululemon opened on June 1st its first flagship store in Sweden, in a popular shopping district in the middle of Stockholm. Like the company's other locations around the world, the store space of about 200 square meters will be used to sell the company's clothing and as a yoga studio.
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