Footlocker reports 59% rise in profits for Q2 - sportstextiles: Lea SportsTextiles

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Footlocker reports 59% rise in profits for Q2

17/08/2012

Sports footwear retailer Footlocker has announced a 59% increase in profits for the second quarter of 2012 – its eighth consecutive quarterly rise.

It said the increase was driven by strong sales of new ranges, including those by Nike and Under Armour.

The New York-based retailer, which also run chains including Champs Sports and Footaction, sells running and casual footwear, as well as sports apparel and accessories.

Profits rose to $59 million from $37 million a year earlier, according to Bloomberg.


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