Goldwin Inc., the Japanese company that sells ski and compression wear in the United States and distributes The North Face and other outdoor brands in Asia, reported sales in its fiscal six months ended Sept. 30 rose 4.8 percent to ¥26.0 billion from ¥24.9 billion in the same period a year ago.
Operating income rose 37.9 percent to ¥429 million from ¥311 million, but net earnings were down 45.8 percent to ¥290 million from ¥535 million. The decline partly reflected losses on store closings as well as non-recurring retirement expenses.