Regatta, the British outdoor clothing specialist, saw its turnover increase from £183.3 million to £198.2 million (€231.3m-$254.7m) for the year to Jan. 31. The net profit soared to £17 million (€19.8m-$21.8m) from £11.1 million a year earlier.
Related articles
-
ArticleSchwan-Stabilo’s Outdoor brands report 14.1% revenue decline, maintains optimistic outlook
While the group reported a 6.2% decline in sales for the FY, Outdoor suffered a double-digit decline due to market saturation. The group remains optimistic and focuses on innovation and sustainable growth.
-
News briefsVF faces S&P downgrade due to weak financial performance
Financial challenges lead to a credit downgrade, highlighting the problems of large brand portfolios and operational setbacks.
-
News briefsCanada Goose renews stock buyback program, enhancing capital strategy
A Canadian luxury outdoor apparel brand renews its share repurchase program, focusing on efficient capital allocation and shareholder value.