Goldwin moved to a comprehensive net profit of 1,681 million yen (€12.7m-$14.8m) in the first half ended Sept. 30 from a loss of ¥1,126 million. Excluding extraordinary items, the earnings doubled to ¥1,065 million (€8.1m-$9.4m) as the gross margin rose by 2.3 percentage points to 47.7 percent thanks to a higher proportion of direct-to-consumer sales. Total sales increased by 8.3 percent to ¥28.7 billion (€217.3m-$253.3m), driven by good early season sell-in for The North Face and Helly Hansen. Danskin and Canterbury of New Zealand also grew strongly.

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