Profits at the Korean parent company of Fila and Acushnet nearly doubled in the third quarter to KRW 101,896 million ($73.5 mm) from KRW 53,360 million, on consolidated revenue of KRW 1,088,201 million ($785.0 mm), up 4% from KRW 1,049,458 million and 2% higher constant currency. Acushnet’s booming golf business accounted for KRW 907,561 million of the total top line and most of the net income, as usual.

Revenues from the Fila brand, licensing, and royalties from the Chinese joint venture with Anta Sports dropped 12% to KRW 180,641 million from KRW ... Log in to view full article.