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Article Date: February 2023
Word Count: 304

Japanese Retailers Xebio and Alpen Post Higher Sales


Xebio, which operates several sporting goods, golf and outdoor banners, saw revenues grew 8% to ¥180,364 ($1,372.3 mm) from ¥167,045 million in the first nine months of its fiscal year. Profits increased 14% to ¥5,220 million ($39.7 mm), from ¥4,596 million prior. Golf was the main growth driver, up 11% to ¥63,992 million year-to-date. All other categories comped up, including general sporting goods and footwear, up 8% to ¥54,871 million; outdoor sports, up 6% to ¥26,113; sports apparel and winter sports, inching up 1% to ¥20,983 and ¥4,423 million, respectively. ... Log in to view full article.

 


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