News

Second quarter sales decline for Saucony

13/08/2001

Saucony, Inc. has reported a 19 per cent decline in net sales for the second quarter of this year, amounting to $35.5 million compared to $44.0 million in the second quarter of 2000. Domestic net sales decreased 25 per cent to $29.1 million, compared to $38.9 million in the second quarter of 2000, however international net sales increased 24 per cent to $6.4 million, compared to $5.1 million in the second quarter of 2000. Saucony brand footwear accounted for approximately 87 per cent of total second quarter 2001 net sales, with a combination of Hind apparel, factory outlet stores and Authentics net sales accounting for the balance.

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