Sporting Goods Industry News for October 11, 2024
Sneaker imports ticked higher in the June quarter, but apparel and equipment were slightly lower year-on-year, resulting in total imports increasing 0.7% to $5,649.8 million from $5,608.3 million.
The bottom line at the Japanese retailer plummeted 65% to ¥206 million ($1.3 mm) from ¥589 million on sales that were 3% lower at ¥58,512 million ($375.3 mm) from ¥60,189 million for the fiscal year ended Aug. 31.
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