The North Face unaffected by warm winter
The North Face continued to expand fast in the fourth quarter of last year in spite of the unseasonable weather in the U.S. and Europe, with a sales increase of 22 percent for the three months. It contributed to an organic sales rise of 19 percent for the Outdoor & Action Sports unit of VF...
Marmot lifts Jarden’s outdoor sales
Jarden Corporation indicated that its orders of winter sports equipment could drop by 5 to 10 percent due to the unfavorable weather conditions in the current winter season, which implies a reduction of about $30 million to $50 million in sales. The American company, which owns K2 and Völkl in the ski equipment market, along...
Skechers pins hopes on performance range after toning drop
Skechers is still reeling from a dizzying drop in sales of its toning footwear, which led to a 37.7 percent decline in its turnover for the last quarter, down to $283.2 million. It ended the quarter with a loss of $57.7 million, compared with a profit of $3.2 million for the same quarter in 2010....
European manager for Fjällräven
John-Åre Lindstad, who built up Fjällräven in Norway in the last three years, was appointed European manager and deputy general manager for the Swedish outdoor brand. This comes after Alex Koska’s function was widened to become vice-president of global sales at the level of the Fenix Outdoor Group, the holding company that owns Fjällräven along with...
Runners Point group spreading stores
The Runners Point group, the specialist German retailer, is preparing to open a dozen stores in Germany and Austria, after its sales increased by 12.9 percent to €166.2 million last year, Textilwirtschaft reports. This includes sales in all of the group’s stores, including 25 independent franchises. Comparable store sales were up by 3.2 percent, and...
Crocs lines up licensing deals
Crocs has announced that it was exploring licensing agreements as a means to expand beyond footwear. The company said that more than 200 million pairs of Crocs had been sold in over 90 countries, and it was time to capitalize on the strength of the brand with other products. A range of children’s apparel is...
Unicorn strikes U.S. deal
Unicorn, the British company specialized in cue sports, has appointed Escalade Sports to distribute its darts and dartboards in the U.S. market. Based in Indiana, Escalade is a large-scale sporting goods company selling a vast array of products for many sports, from table tennis to archery and basketball, as well as games tables. Unicorn was...
Mizuno lifts sales and halves loss
Mizuno raised its turnover by about 5 percent for the three months until the end of December to ¥36,837 million (€ 357.8 million), and the multi-sports Japanese company reduced its net loss for the third quarter of its financial year to ¥102 million (just under €1 million) – roughly halving the loss incurred in the...
Sports industry urged to fight physical inactivity
Prominent speakers from health-related organizations called for a tighter partnership with the sporting goods industry to stimulate physical activity, at the health symposium organized by the World Federation of the Sporting Goods Industry (WFSGI) yesterday. Timothy Armstrong from the World Health Organization (WHO) pointed to the deadly impact of physical inactivity and urged the sporting...
U.S. market fuels Life Fitness’ expansion
The Life Fitness division of Brunswick Corporation, which encompasses the Life Fitness and Hammer Strength brands of fitness equipment, increased its sales by 11 percent to $180 million for the fourth quarter of last year. The expansion was driven by the U.S. market, where the unit’s sales climbed by 14 percent, against a rise of...
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