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Q3 Profits for Reebok

By FashionUnited

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The leading sports- and shoe brand Reebok posted a big rise in third quarter net profit, boosted by strong apparel and footwear sales in the US.

Earnings in the quarter ended September 30 rose 19 per cent to 62.7 million dollar, compared to 53.4million in the same period of last year. Net sales rose 14 per cent to 1.04 billion dollar. US footwear sales for the Reebok brand rose 16 per cent to 279 million, while international sales of Reebok branded products amounted to 411 million dollar.

With the NFL season under way and the NBA season about to kick off Reebok is positioned to have another successful year. Reebok also owns other brands; Rockport, Ralph Lauren Footwear and The Greg Norman Collection.

Reebok