All Financial results articles – Page 76
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Operating expenses related to Hi-Tec's acquisition and other extraordinary items,...
Operating expenses related to Hi-Tec's acquisition and other extraordinary items, caused Cherokee Global Brands to post a net loss of $589,000 in the second quarter against net income of $1.9 million in the year-ago period. Boosted by indirect sales of $5.95 million from Hi-Tec, total revenues rose to $14.0 million ...
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ISM Search, the European U.K.-based executive recruitment and head-hunting service...
ISM Search, the European U.K.-based executive recruitment and head-hunting service specializing in the sporting goods sector, recently conducted a survey among its candidates in the industry to find out the relevant factors in the successful hiring and retention of key talents. According to ISM, it is the first survey of ...
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News briefs
Sales of the Gregory brand of backpacks were up by...
Sales of the Gregory brand of backpacks were up by 21.6 percent to $26.5 million for the first half of this year, amounting to an increase of 21.9 percent in constant currencies, with double-digit sales growth in Europe and Asia. The rise was reported by Samsonite, the owner of Gregory ...
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Polygiene, the Swedish company that provides odor treatment for sports,...
Polygiene, the Swedish company that provides odor treatment for sports, outdoor and other products, has upped its target for the period from 2017 to 2022, aiming to reach sales of more than 400 million Swedish kronor (€41.9m-$50.6m) through organic growth, and an operating margin (Ebit) of more than 20 percent by ...
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Helen of Troy has reported a sales increase of 16.3...
Helen of Troy has reported a sales increase of 16.3 percent to $98.4 million for its Housewares segment in the first quarter ended May 31. The segment's organic growth of 9.7 percent was led by the Hydro Flask and OXO brands. The segment's operating margin of 18.4 percent was down ...
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News briefs
GoPro performed better than expected in the second quarter. Its...
GoPro performed better than expected in the second quarter. Its revenues jumped by 34 percent to $297 million as compared to the corresponding period of 2016, thanks to strong demand for its Heros Black5 camera. Total camera shipments were more than 18 percent higher than in the previous three months ...
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Osprey Europe expects to record a sales increase of 24...
Osprey Europe expects to record a sales increase of 24 percent to £32 million (€36.4m-$41.4m) for its 2016/2017 business year, which runs until the end of July. Sales outside the U.K. will account for 70 percent of the company's total sales in Europe. Sales in the German market were very ...
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News briefs
Vaude recorded an increase in its total sales of 8.7...
Vaude recorded an increase in its total sales of 8.7 percent in 2016, as compared to the previous year. The management is predicting another 6 percent increase this year, despite a 20 percent jump in pre-orders for the coming winter season. Sales in Germany, Austria and Switzerland account for 70 percent ...
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Conzzeta, the owner of Mammut Sports Group, said its performance...
Conzzeta, the owner of Mammut Sports Group, said its performance for 2017 should be stronger than anticipated in March, projecting a sales increase of 15 to 20 percent and a jump of 40 percent in operating result for the first half of the year. The group says that the robust ...
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News briefs
Polygiene, the Swedish company specializing in anti-odor treatments for garments,...
Polygiene, the Swedish company specializing in anti-odor treatments for garments, reported a 30 percent boost in its sales to 17.4 million Swedish kronor (€1.78m-$1.98m), with a growth of 24 percent in constant currencies. However, the company booked a net loss of SEK3.1 million (€0.32m-$0.35m) for the period, up from SEK1.3 million ...
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Cherokee, which bought Hi-Tec Sports last year and licensed it...
Cherokee, which bought Hi-Tec Sports last year and licensed it out, reported revenues of $7.8 million from the brand for the fourth quarter ended Jan. 28, comprising licensing revenues of $1.2 million and $6.6 million worth of indirect product sales related to distribution and government contracts. The business generated a ...
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News briefs
Compass Diversified (Codi) reported that two of its companies, 5.11...
Compass Diversified (Codi) reported that two of its companies, 5.11 Tactical and Liberty Safe, took bad debt reserve charges of $1.3 million and $1.4 million, respectively, in the first quarter of this year because of the bankruptcy of Gander Mountain, a U.S. retail chain that is now in liquidation proceedings. ...
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Jacobs & Turner, the company that owns Trespass, benefitted from...
Jacobs & Turner, the company that owns Trespass, benefitted from a two-year investment program as it reported a sales rise of 8.2 percent to £95.1 million (€112.7m-$122.9m) for the financial year to June 26, 2016, with pre-tax profit soaring by more than 70 percent to £4.7 million (€5.6m-$6.1m). The Glasgow-based company ...
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News briefs
Ecco says in its recently released annual report that it...
Ecco says in its recently released annual report that it wants to become one of the five major suppliers of outdoor shoes through a tenfold increase in its sales in this segment over the next three to five years. It estimates the value of the total rugged outdoor footwear market ...
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News briefs
Sportamore, the Swedish online sports retailer, raised its sales by...
Sportamore, the Swedish online sports retailer, raised its sales by 18.1 percent to 173.5 million Swedish kronor (€18.0m-$19.6m) and more than doubled its adjusted operating profit (Ebitda) to SEK 3.4 million (€0.35m-$0.38m) for the first quarter. The company points out that this occurred while the Swedish market was under considerable pressure at ...
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Moncler's gross margin hit a pretty high level of 75.7...
Moncler's gross margin hit a pretty high level of 75.7 percent last year, 1.3 percentage points better than in 2015, thanks in part to a strong contribution from its directly managed stores, whose number grew from 173 to 190 in the course of the year. Retail sales rose by 23 ...
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News briefs
Without providing a more specific figure, Decathlon announced a few...
Without providing a more specific figure, Decathlon announced a few days ago another increase of 12 percent in its total sales to a new record of around €10 billion before sales taxes for 2016. It also reached a new record with one billion items sold at its stores around the ...
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Short stops
The NPD Group will provide the Outdoor Industry Association (OIA)...
The NPD Group will provide the Outdoor Industry Association (OIA) of the U.S; with monthly reports on U.S. retail sales for all categories of outdoor products
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News briefs
The growth of the outdoor market in China continued at...
The growth of the outdoor market in China continued at a slow pace last year. Retail sales in the sector rose by an estimated 4.91 percent to 23.28 billion yuan renmimbi (€3.20bn-$3.39bn) in 2016, according to the report presented by the China Outdoor Commerce Alliance (Coca) at the recent Ispo ...
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News briefs
The practice of sport climbing has been growing rapidly around...
The practice of sport climbing has been growing rapidly around the world, and the momentum is likely to continue with its inclusion in the Olympic Games. Celebrating the tenth anniversary of its foundation by 57 national federations in Frankfurt on Jan. 27, 2007, the International Federation of Sport Climbing (IFSC) ...
