The owner of The North Face, Helly-Hansen, Canterbury, and other brands for Japan finished the fiscal year ended Mar. 31 with a 31% increase in net income to ¥8,843 million ($56.4 mm) from ¥6,749 million, as revenues grew 7% to ¥38,044 million ($242.5mm) against ¥35,472 million. Goldwin’s share of profits from its equity-method investment in the South Korean Youngone Outdoor JV increased 29% to ¥5,019 million. Gross margin narrowed 40 basis points in the quarter to 51.9%, while ... Log in to view full article.