Goldwin Revenues Up Double Digits in FQ4
The owner of The North Face, Helly-Hansen, Canturbury and other brands for Japan finished the fiscal year ended Mar. 31 with a 1% increase in Q4 net income to ¥6,749 million ($44.2 mm) from ¥6,707 million, as revenues grew 11% to ¥35,472 million ($232.5 mm) against ¥32,075 million. Goldwin’s share of profits from equity method investment in the South Korean Youngone Outdoor JV was down 8% to ¥3,898 million. Gross margin expanded 50 basis points in the ... Log in to view full article.