USA: Strong Apparel Sales Boost Reebok Q3 Earnings
The no 2 US maker of athletic shoes, Reebok International Ltd, today said third quarter net income rose 27 per cent to $53 million, compared with $42 million last year. Despite a sluggish consumer market, Paul Fireman, chairman and chief executive officer said: "Our US apparel business had a sales increase in the quarter of 30 per cent. Both Reebok branded apparel and our sports licensing product are performing well at retail. Retailer and consumer demand for our sports licensed product continues to exceed our expectations."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Outlook 2017 – What else is the industry watching?
- Outlook 2017 – What next for apparel sourcing?
- Outlook 2017 – Strategies for sourcing success
- Is China about to burst its apparel trade bubble?
- Outlook 2017 – Challenges and opportunities
- 22 dos and dont's – When sourcing goes wrong
- M&S quality focus finally lifts clothing sales
- MAS Holdings planning second industrial park
- Sri Lanka on track to regain EU GSP+ benefits
- Update - Bangladesh "business as usual"
- Global apparel markets: product developments and innovations, October 2016
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar