Goldwin Swings to FQ1 Profit
Net income bounced back to ¥1,235 million ($11.3 mm) in FQ1 ended June 30 from a loss of ¥292 million last year, on 40% higher revenues of ¥17,078 million ($156.1 mm), up from ¥12,200 million, though both top and bottom lines fell slightly short of 2019 results. The owner of The North Face, Helly-Hansen, Canturbury and other brands in Japan warned that consumption trends remain uncertain, with Covid risk increasing again. It suffered some temporary store ... Log in to view full article.