Head predicts weak winter sales
Head warned that its sales should shrink in the second half of the year, as the weak sell-out of winter sports products in the last season was expected to cause a substantial decline in the international ski market this year. The Austrian company said that this was affecting its pre-orders of winter sports products. However, the group...
Head’s margins fall on stable overall sales
Head posted net profit of only €338,000 for 2011, down from €7,324,000 in the previous year, and the operating margin fell to 4.1 percent from 7.5 percent. The group’s total revenues declined by 1.3 percent at Head in the course of 2011, and they were flat in constant currencies. The poor snow conditions caused the...
Head coordinates sales in Central Europe
Rainer Schramm, who has been the managing director of Head Germany since May 2000, has been promoted to the position of vice president of the group, reporting directly to Johan Eliasch, chief executive of the group, with additional responsibilities. From March 2012, Schramm will take on the position of European sales coordinator, handling relations with...
New tennis czar at Head
With the new year, Ottmar Barbian will become the new tennis boss at Head. After Dec. 31, he will take the place of Robert Marte, who has served for 25 years as division manager for racquet sports. Barbian will also take over Marte’s place in the group’s top executive management team, but Marte will continue...
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