Latest Intelligence on Sporting Goods

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Type Product title / description Pub Price
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Halfords: picking up speed on the high street

Halfords has posted a rise of nearly 21% in interim pre-tax profits to GBP40 million, despite a slowdown in consumer spending. The car accessories and maintenance retailer has taken full advantage of its niche position in the market and with demand for car accessories on the increase, its future profits are set to soar.

Published By Datamonitor
28 Nov 2005
CommentWire
CommentWire

UK retail: car-free Oxford Street not just for Christmas?

Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.

Published By Datamonitor
08 Dec 2005
Expert View
Expert View

BRC figures positive, not indicative of retail recovery

Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.

Published By Datamonitor
10 Jan 2006
CommentWire
CommentWire

Blacks: intent on conquering outdoor leisure market

After buoyant Christmas trading, specialist outdoor retailer Blacks is setting itself an ambitious new year resolution: to increase its market share from around 20% to 30%. The target is bold but achievable in the outdoor leisure market, although the going will be tougher for the fashion-led boardwear business.

Published By Datamonitor
24 Jan 2006
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Expert View

JJB Sports: hoping to score World Cup success

UK sportswear and equipment retailer JJB Sports has revealed a 44.7% drop in operating profit for the year to January 30, 2006, as the effects of the price war on the high street hits margins. The company hopes that the forthcoming World Cup will help drive sales, but price-cutting grocers and sportswear retailers are increasingly attracting consumers.

Published By Datamonitor
20 Apr 2006
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Expert View

Halfords plans eastern European expansion

Halfords has unveiled plans for expansion into eastern Europe and a chain of dedicated bike shops under its Bikehut brand, as it announced a GBP50 million share buy-back over two years. With its domestic market approaching maturity, Halfords' move to broaden its horizons is a sensible step intended to tap into a potentially significant but as yet underserved market.

Published By Datamonitor
12 Jun 2006
CommentWire
CommentWire

Blacks Leisure: sales down, competition up

Blacks said the World Cup, dry weather and absence of the Glastonbury festival all contributed to its disappointing performance. Blacks should be in a good position as outdoor leisure is on an upward trend, but it will need to focus on making its stores a destination one-stop shop as the competition heats up.

Published By Datamonitor
20 Jul 2006
CommentWire
CommentWire

JJB Sports: World Cup competition

While the strong like-for-like sales achieved by JJB Sports in the first half of 2006 were a welcome boost, they have been achieved to the detriment of gross margin. An increased focus on higher margin equipment should help rebuild margins and allow JJB Sports to minimize the impact from price discounters.

Published By Datamonitor
28 Jul 2006
CommentWire
CommentWire

JJB: serious about growth

JJB has announced that its total sales for the half year to July 2006 increased 12.1%, with like-for-like sales increasing 9.5%. With its strapline 'serious about sport' the retailer hopes to differentiate itself from competitors and continue to drive growth.

Published By Datamonitor
19 Oct 2006
CommentWire
CommentWire

Blacks Leisure: takeover speculation mounts

Mike Ashley, the owner of Sportsworld and Lillywhites is believed to be the mystery buyer of 12.5 million shares on October, 23, which would give him a 30% share in the outdoor clothing and equipment retailer Blacks, suggesting a future takeover bid. Black's weak trading makes the retailer a potential takeover target for a bidder prepared to tackle its failings.

Published By Datamonitor
24 Oct 2006

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