Net loss at the Fila and Acushnet parent expanded in Q4 to KRW 69,402 million ($50.9 mm) from a loss of KRW 60,139 million prior, on 13% higher sales of KRW 861,374 million ($631.7 mm) compared to KRW 760,830 million. Constant currency, sales were up 7%. Acushnet boosted sales with a contribution of $445.2 million, an 8% increase, but added to the total net loss with $8.2 million of red ink in the final quarter. Global royalty income declined 26% to KRW 15,182 million, with every geography declining.

Fila USA sales dropped 7% (-12% CC) to KRW 50,579 million, now including ... Log in to view full article.