LaCrosse reports Q2 sales increase
22/07/2011
US-based sports and outdoor footwear brand LaCrosse Footwear has said its second-quarter sales grew 2% thanks to rising demand for hiking boots.
Sales to the outdoor market grew 18% to $9.4 million thanks to demand for hunting and hiking products. Gross margins fell to 38.5% of net sales compared to 40.9% a year ago, which the company attributed to an increase in closeout sales of its discontinued work apparel.