Mizuno increases profits despite weaker sales

Lower sales of running footwear, as well as a weak home market in sporting goods and golf, weighed on Mizuno's sales for its fiscal year ended on March 31. They declined by 3.9 percent from the previous year to 178.1 billion yen (€1.45bn-$1.62bn). Mizuno's gross profit narrowed by 2.3 percent ...