November 14, 2018
Comprehensive income increased 36% to C$52.0 million ($39.8 mm) from C$38.3 million in GOOS’ important fiscal second quarter ended Sep. 30 on 34% higher revenues of C$230.3 million ($176.2 mm) compared to $172.3 million.
The Japanese economy contracted 1.2% overall in the Jul.-Sep. quarter as a hot and humid summer depressed outdoor activities and the island nation was hit by an earthquake and a typhoon, resulting in devastating floods.
Net loss tripled to BRL 136,454,000 ($34.5 mm) from a loss of BRL 43,381,000 at the Brazilian footwear e-tailer on 3% lower sales at BRL 417,809,000 ($105.6 mm) against BRL 431,422,000 in the third quarter.
Craig A. Williams will become president of Jordan Brand replacing Larry Miller who will move to the role of chairman for the newly created Jordan Brand Advisory Board.
Nike NYC, a 68,000-sq.-ft., six-level store located at 650 Fifth Ave., replaces the Trump Tower Niketown that closed earlier this year.