New Wave Group’s Sports Sales Inch Higher
The Swedish parent of Craft and Cutter & Buck, and distributor of other labels, reported a 7% increase in first-quarter sales to SEK 2,328 million ($237.1 mm), with the Sports & Leisure segment inching up 1%. Craft and the Tenson outdoor brand drove gains in the Sports & Leisure segment, while Cutter & Buck contributed positively. Net profit narrowed 11% to SEK 129 million ($13.1 mm) ... Log in to view full article.
