Le Coq Sportif, Movement Sales Power Airesis Growth
The Swiss parent of Le Coq Sportif and Movement Skis loss narrowed to CHF 10.6 million ($11.6 mm) last year from a loss of CHF 23.4 million, as sales grew by 41% to CHF 143.9 million ($157.4 mm). Le Coq Sportif sales grew 40% to €123.7 million, reflecting 47% growth in apparel sales and 20% in footwear, and gross margin expanded to 47% from 45%, helping narrow the brand’s net loss to €9.2 million from €19.7 million. ... Log in to view full article.
