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Article Date: May 2024
Word Count: 348

Descente, Goldwin Turn in Strong Q4 Growth

Descente’s net income spiked nearly tenfold in the final fiscal quarter ended Mar. 31 to ¥3,670 million ($24.7 mm) against ¥378 million a year ago, as revenues climbed 7% to ¥36,889 million ($248.7 mm) from ¥34,515 million. China and the home Japan market inched up 7% to ¥4,295 million and ¥13,723 million, respectively. South Korea improved 9% to ¥18,402 million. The growth was driven by athletic wear, up 18%, as golf and other apparel declined. The core Descente brand grew 8%, but Le Coq Sportif sales inched down 1%, while Umbro ... Log in to view full article.


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