SGI News
Dec 12, 2023 · The trend of all talk and no action continues on Capitol Hill around GSP and MTB renewal, while bills are lining up to rein in abuse of de minimis shipments, SFIA Legal Task Force member David Cohen shared in the industry group’s “Tariff Relief in 2024: Lowering Cost of Getting Imported Goods to Market” webinar.
SGI News
Sep 20, 2024 · The luxury sneaker brand’s adjusted EBITDA was up 12% in the first half to €109.2 million ($117.4 mm) on 12% higher sales of €307 million ($330.1 mm), driven by direct-to-consumer, which was up 18% year-over-year in the Americas and EMEA.
SGI News
Jun 12, 2024 · Net income at the sports apparel maker declined 10% to HK$263,510,000 ($33.7 mm) in the fiscal year ended Mar. 31 from HK$292,639,000 prior, on revenues that inched up 1% to HK$4,074,668,000 ($521.1 mm) from HK$4,051,107,000.
SGI News
Mar 21, 2023 · Net income attributable to shareholders slipped 2% in 2022 to RMB 7,590 million ($1,126.6 mm) from RMB 7,720 million as revenue posted an 8% gain to RMB 53,651 million ($7,963.6 mm) from RMB 49,328 million.
SGI News
Dec 5, 2023 · Net income dropped 77% to $10,205,000 in the third quarter from $45,171,000 on sales that were down 9% to $786,329,000 from $865,020,000, including total comps that declined 9.3%.
SGI News
Apr 27, 2023 · Rising costs related to elevated inventory levels sent net income down 31% in the first quarter to $46,202,000 from $66,837,000 despite 8% top line growth to $820,593,000, up from $761,510,000, boosted by pulled forward Columbia, Mountain Hardwear and prAna wholesale orders.
SGI News
Growing at the fastest pace in two years, sporting goods imports increased 8.9% in the third quarter to $5,713.9 million from $5,246.6 million a year ago, driven mainly by athletic footwear, but all categories except winter sports were higher. Sneaker imports jumped 18.7% …
SGI News
Nov 21, 2022 · Net income attributable to shareholders jumped 43% to HKD 239,111,000 ($30.5 mm) from HKD 167,676,000 in the fiscal first half ended Sep. 30, as revenues grew 26% to HKD 2,547,555,000 ($324.5 mm) from HKD 2,018,830,000, rebounding from last year’s Vietnam factory closures.
SGI News
New Variant Outbreaks Hit China, Vietnam . Renewed Covid-19 outbreaks attributed to the “Stealth Omicron” variant in areas of China and Vietnam have put logistics firms on notice and threaten production slowdowns across industries.
SGI News
Oct 21, 2021 · Net income surged 148% to $153,489,000 in the third quarter ended Sep. 30, from $61,889,000 last year on 72% revenue growth to $625,919,000 over $361,736,000, including 60% higher DTC sales at $316.3 million, and an 88% improvement in wholesale to $309.6 million, as both channels benefited from strong traffic.