Descente Stumbles, but China Outperforms
Net income inched down 3% in the fiscal third quarter ended Dec. 31 to ¥3.0 billion ($20.0 mm) from ¥3.1 billion as revenues narrowed 1% to ¥28.5 billion ($190.0 mm) from ¥28.9 billion, but the Chinese joint venture with Anta Sports was a bright spot. Grossing up sales through its various equity method JVs, global Descente brand sales ... Log in to view full article.
