The owner of The North Face, Helly-Hansen, Canturbury and other brands for Japan finished the fiscal year ended Mar. 31 with a 32% jump in net income to ¥4,709 million ($35.8 mm) from ¥3,561 million, as revenues grew 16% to ¥28,306 million ($215.0 mm) from ¥24,453 million. Goldwin’s share of profits from equity method investment in the South Korean Youngone Outdoor JV was flat at ¥2,378 million. Gross margin slipped 50 basis points in the quarter to 49.0%, while SG&A spending grew 5%, but still leveraged ... Log in to view full article.