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French sportswear brand Le Coq Sportif posts slight revenue rise in H1 2019


Le Coq Sportif is right on track, its financial results constantly improving since 2017. In the first half of 2019, the French sportswear brand’s revenue reached €58.5 million, up from the figure of €57.7 million recorded in the same period last year. Gross margin in the period also improved, rising from 48% to 51%. Net income in H1 was positive too, though the value was not disclosed.

The new jersey of the French national rugby union team – © Le Coq Sportif

Le Coq Sportif, which is owned by Swiss holding company Airesis, is forecasting a revenue of at least €135 million for the full 2019 financial year, with an EBITDA margin of at least 4%.

The brand’s growth is the result of its efforts on several fronts. “[Le Coq Sportif’s] strategy, based on market proximity and quick reaction times, has been extended to footwear products, which are now made in France and in Portugal,” said Airesis. The group also invested in powering up Le Coq Sportif’s e-tail capabilities, and is planning to launch a broader range of women’s apparel products in autumn 2019.

Le Coq Sportif is hoping to receive a sales boost from the Rugby Union World Cup due to be held in Japan from September 20 to November 2 this year. The brand is in fact once again the official kit supplier for the French national rugby union team, having signed a six-year contract. It is a valuable promotional opportunity, one that should enable Le Coq Sportif to energise its performance in the second half of the year.

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Fashion

Jordan 12 GS Grey Pink (Racer Pink) • KicksOnFire.com


Buy Now From $195

Release Date: July 31, 2019
Price: $140
Style Code: 510815-060

Where To Buy Online? KicksOnFire Shop & KicksOnfire App: Available Now!

Small-footers will be getting a new exclusive colorway of the Air Jordan 12 this Summer. Covered in a smooth tumbled leather upper, the majority of this Jordan 12 is covered in Wolf Grey with the bright pink hue landing on the forefoot/mudguard sections. More pink is found on the branded details across its heels, while matte grey upper eyelets and white rubber soles complete the bold two-tone design nicely.

Latest News:

Update (7/22/19): Official images have been released by Nike.
Update: (7/11/2019): The Air Jordan 12 GS is now scheduled to release on July 31st for $140
Update: (4/29/2019): Jordan 12 GS Grey Pink rumored to be releasing on July 27th for $140.
Update: (4/25/2019):
First look. Retailing for $140, look for Jordan Brand to drop this Air Jordan 12 GS Grey Pink Summer 2019.


Images:

Renarts (7/27/2019)

 

Finish Line (7/25/2019)

 

Nike (7/22/19)

Finish Line (7/11/2019)

long7ze (4/29/2019)

 

long7ze (4/25/2019)

Available Now on Kixify & eBay



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