Goldwin booked a 13 percent rise in comprehensive net income to 1,513 million yen (€12.4m-$13.2m) in the third quarter ended Dec. 31. Excluding special items, net earnings would have more than doubled to ¥4,099 million (€33.7m-$35.7m), due in particular to a gross margin that improved by 2.6 percentage points to 51.2 percent. Sales increased by 5 percent to ¥18.2 billion (€149.7m-$158.5m). Warm weather conditions in the early part of the quarter affected the sales of the company, whose operations include the rights to The North Face in Japan. Sales picked up with the onset of colder temperatures after the middle of October.
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