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Article Date: November 2024
Word Count: 281

Vulcabras Profits Improve as Athletic Drives Growth


Net income jumped 35% to BRL 172,172,000 ($31.0 mm) over BRL 127,597,000 for the third quarter on net sales that were up 7% to BRL 784,589,000 ($141.2 mm) from BRL 731,352,000, with the core athletic footwear category growing 6% to BRL 673.0 million. Mizuno got a boost from a new partnership with Brazilian soccer forward Gabriel “Gabigol” Barbosa, while Olympikus launched the Corre 4 and the Corre Max. Under Armour continued its expansion in basketball, highlighted by the launch of the Steph ... Log in to view full article.

 


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