Misto Holdings, the South Korean parent company of Fila, FootJoy and Titleist, recorded consolidated sales of 1.24 trillion WON (793 million euros) for the first quarter of 2025, which corresponds to an increase of 4.6 percent compared to the previous year.
The company attributed the strong performance of its US golf subsidiary Acushnet to accelerate finances. During this period, the segment recorded sales of 1.02 trillion WON, which corresponds to an increase of 8.7 percent compared to the previous year. This increase took place despite increasing raw material costs, a weaker consumer: interior mood and uncertainties regarding tariffs in the USA, according to Misto, formerly Fila Holdings.
The company’s operational profit for the quarter was 162.675 million, while the net profit was 151.456 million.
Misto’s division of the same name was supported by strong shoe sales in South Korea and the diversification of the online DTC channels, which contributed to sales of 215.7 billion. Fila’s shoe sales are also said to have been strong, since the gen Z contributed to boosting the category.
“Despite global political uncertainties such as US tariffs and a weak consumer: Inner mood at home and abroad, sustainable growth within our diversified business portfolio supported our entire business result,” said Ho Yeon, Chief Financial Officer (CFO) by Misto Holdings. “The Misto Group will continue to concentrate on the improvement in performance and increase the brand value.”
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