Amer sales fall but footwear sales rise
Helsinki-based Amer Sports Corporation has reported a decline in net sales for the January to September period. Overall sales fell 5% to €1.15 billion ($1.65 billion) compared with €1.21 billion in 2006.
Net sales by business segment were split as follows: Wilson 37%, Salomon 33%, Precor 18%, Atomic 7% and Suunto 5%. Wilson's sales fell 7%, while Atomic's dropped 34% and Salomon's sales were flat with the previous year. Meanwhile, Precor's sales increased 7% and Suunto's were up 12%.
The Americas (including South and Central America) accounted for 50% of sales, EMEA 41% and Asia 9%. Sales decreased 15% in Asia, 5% in the Americas, and 1% in EMEA.
Net sales of apparel and footwear increased 26% in local currency terms, boosted by strong sales of Salomon trail running shoes and both Salomon and Arc'teryx apparel.
