All Globe International articles
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News briefsHardgoods drag down Globe Intl.’s FY revenues
Globe International total sales fell by 15 percent (-17% in constant currency) to A$234.34 million (€139.0m) for the FY ended June 30. Excluding hardgoods, annual revenues rose by 2 percent in constant currency. Ebit declined by 83 percent to A$4.62 million (€2.74m) or 2.0 percent of revenues versus 10.0 percent ...
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News briefsGlobe Intl. braces for difficult FY23
The Australian multi-brand skate, surf and swimwear company is forecasting the fiscal year 2023 marked by a modest sales increase compared to recent years. Also, there are expectations for a drastic decline in profitability and margins due to currency headwinds from the stronger U.S. dollar against the Euro and Australian ...
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News briefsGlobe Intl. FY net declines 44 percent
Globe International, the Australian parent of the Globe, Salty Crew, Impala Skate, FXD Workwear and Dot Electric Skateboards, reported a 44 percent drop in annual attributable net income to 18,641,000 Australian dollars (€12.0m) for the 12 months ended June 30. Ebit fell 41 percent in the FY to A$27.5 million ...
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Article
Globe’s sales rise 76% as online business, North America lead the way
Globe International, the Australian-based multi-brand skate company, saw sales and profits soar in its fiscal year ended June 30, as it benefited from rapid growth in its online business and its ownership of brands involved in activities that many consumers continued to participate in throughout the Covid-19 pandemic. Sales increased ...
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Article
Globe’s profits surge
Globe International, the Australian-based multi-brand skate company, saw its net income soar during its fiscal first half, partly due to a favorable comparison base with the same period last year, when the U.S. introduced extra tariffs and the strengthening U.S. dollar weighed on profits. The group also benefitted from good ...
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News briefs
Globe International is going solar at its HQ
Globe International is installing solar power arrays at its headquarters in Port Melbourne, Australia, effectively switching away from coal as an energy source. The system – designed and to be installed by Solpod, an Australian company specializing in solar – will consist of about 650 commercial solar panels and should ...
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ArticleGlobe faces pressure from strong U.S. dollar
U.S. tariffs introduced early in the year and the strengthening U.S. dollar weighed on the results of the multi-brand skate company, Globe International, during its latest fiscal year. Net profit after tax for the twelve months ended June 30 declined by 26 percent to 6.1 million Australian dollars (€3.7m-$4.4m). This ...
