Lafuma earnings have jumped 50.8 percent reaching about 1 Million Euros (USD $ 950,000). Sales for the company climbed 5.8 percent to 65.57 million Euros (USD$ 61.99 million). Lafuma owns the accessories brand Millet, sport apparel company and camping specialist Lallemand. Because of the acquisition in April of Big Pack GmbH, CEO Philippe Joffard says he expects sales to climb between 11 million to 19 million Euros (USD $ 10.4 million to 18 million) in the next year.
Outdoor financials: Under Armour 2Q revenue jumps 42 percent; plus Lafuma and Luxottica earnings up
Under Armour (NYSE:UA) beat expectations with higher revenue and profit for the second quarter 2011 and company officials raised guidance moving ahead. The Baltimore-based sportswear company reported revenue up 42 percent to $291.3 million for the second quarter, compared to ...read more