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Fila USA Impacted by ‘Tight Orders’ from Retailers


A persistent promotional environment and conservative orders from retailers negatively impacted Fila USA’s third quarter results. The operating unit of Fila Korea reported an operating loss equivalent to $18.1 million, down more than 45 percent year-over-year in reported currency of the Korean won. The group’s net loss was approximately $20.8 million as year-over-year inventories contracted by 34 percent.

Fila USA’s annual revenues are projected to decline by 40-50 percent this fiscal year and generate an annual operating loss range of $123.3 -$138.8 million. The unit’s parent is maintaining an FY26 sales target approximately $3.4 billion with a consolidated operating margin in the 15 to 16 percent range.