For the six months to Sept. 30, Goldwin posted 2 percent higher revenues of 26.5 billion yen (€219.2m-$232.2m), as positive results for its distribution of The North Face and Helly Hansen offset the loss of the Champion business, which was transferred to Hanesbrands on March 31. The gross margin rose by 1.7 percentage points to 45.4 percent. However, the Japanese sports apparel company booked a net loss of ¥1,120 million (€9.27m-$9.81m) for the period because of the appreciation of the yen, as compared to net income of ¥510 million in the year-ago period. Excluding extraordinary items, net income doubled to ¥591 million (€4.89m-$5.18m).