Financial

Fila’s profits plunge, with European sales down 16.2%

2021-03-22T16:40:00

Fila

Thanks to stronger demand for golf products by Acushnet, the Fila Group’s revenues rose by 0.9 percent to 796,462 million Korean won (€592.5m-$706.3m) in the fourth quarter. Its net income tumbled by 65.8 percent to KRW 17,604 million (€13.1m-$15.6m), and its gross margin contracted by 5.3 percentage points to 60.6 ...

SGIE Professional

Know what matters. And why

SGIE Professional gives you the analysis behind the news, what a move means for the market and what to watch next.

Try SGIE Professional

30 days for €1

Full Professional access for your first 30 days.

Start Your 30-Day Trial for €1

Single-user access for new subscribers

Access for Your Company

Need access for your team?

Give your organisation the right level of SGIE intelligence, from daily market coverage to deeper analysis and data.

Explore Subscriptions

Not ready to subscribe?

Get our free Daily Digest straight to your inbox.

Get the Daily Digest