Preview - Please log in to view full article.

Article Date: February 2023
Word Count: 178

Descente Profit Doubles in Holiday Quarter

Net income more than doubled to ¥5,040 million ($35.6 mm) in the fiscal third quarter ended Dec. 31, against ¥2,465 million prior, on revenues that grew by 8% to ¥28,889 million ($204.3 mm) from ¥26,755 million. An 11% improvement in South Korea to ¥12,719 million and a 35% jump in China to ¥1,432 million more than offset a 5% contraction in the home Japanese market to ¥14,248 million. The company’s largest brands, Descente and Le Coq Sportif, each improved by ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.