Reebok’s Q2 and H1 financial results in line with financial targets
Reebok International Ltd. has reported net income for the second quarter ended
Paul Fireman, chairman and CEO, said, "Our second quarter and six month financial results were in line with our overall financial targets. On the product front, we generated strong sales increases on Reebok Performance footwear products on a worldwide basis. We are clearly seeing a shift to more technical performance products, particularly in the
“During the quarter, Reebok sales of performance footwear products increased by 24% on a worldwide basis and worldwide sales of Reebok classic footwear product grew. In
Sales for the company's other brands, Rockport, The Greg Norman Collection and Ralph Lauren Footwear, were $136 million in the second quarter of 2005 compared with 2004's second quarter sales of $133 million, an increase of 2%.