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Global activewear brands report mixed results in FY24

03 Jun '24
4 min read
Global activewear brands report mixed results in FY24
Pic: AS Photo Family - stock.adobe.com

Insights

  • Under Armour saw a 5 per cent decline in Q4 revenue to $1.3 billion, with North American sales dropping by 10 per cent, while Its full fiscal 2024 revenue decreased by 3 per cent to $5.7 billion.
  • Conversely, Goldwin Inc reported a 10.3 per cent increase in net sales in FY24, but its FY25 forecast anticipates a decline in profitability despite continued sales growth.
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