Fila-owner Misto Holdings posts 16.6 percent revenue increase in Q2

South Korean apparel group Misto Holdings has reported its financial results for the second quarter of 2026, recording consolidated revenue of 1.4 trillion South Korean won (approximately 988 million dollars), representing a 16.6 percent increase year-over-year (YoY). Consolidated operating profit for the period rose 62.3 percent YoY to 295.2 billion South Korean won.

The overall performance was primarily driven by strong product demand within the Acushnet segment and improved profitability across the core Misto segment, alongside a one-time tariff refund.

Misto Holdings chief financial officer Ho Yeon Lee said: “Our second-quarter results reflect continued progress in strengthening the competitiveness and profitability of our core businesses. In the second half of the year, we will remain focused on enhancing Fila’s product competitiveness in Korea, expanding our brand portfolio in Greater China, and driving greater operational efficiency to build a stronger foundation for sustainable growth.”

Misto segment restructuring and product performance

The Misto segment generated second-quarter revenue of 200.4 billion South Korean won, reflecting a 7.4 percent decline YoY due to the ongoing restructuring of its US operations. Excluding the US business, revenue within the division rose 4 percent YoY. Operating profit for the segment reached 36.4 billion South Korean won, up 6.6 percent YoY, supported by improved profitability in South Korea, growth in Greater China, and cost efficiency initiatives.

Under the group’s core brand Fila, footwear and apparel lines both delivered growth during the quarter. The Glio footwear model maintained sales momentum following its release for the spring/summer 2026 season and the My T-Shirt apparel line recorded a 20 percent increase in sales alongside a fivefold YoY surge in search volume.

In Southeast Asia, Fila continued expanding its physical store network, opening locations in commercial districts across Malaysia and launching the region’s first Fila 1911 Store.

In Greater China, Misto Holdings expanded its brand portfolio, commencing the rollout of South Korean brand Juun.J, licensed from Samsung C&T Fashion Division. The company opened retail locations at Chengdu Taikoo Li in July and Beijing Sanlitun in August, with additional brand launches planned for the spring/summer 2027 season.

Acushnet segment gains from product launches and tariff refund

The Acushnet segment recorded revenue of 1.23 trillion South Korean won in the second quarter, up 21.7 percent YoY. Operating profit for the division surged 75.2 percent YoY to 258.8 billion South Korean won.

Equipment performance across the Titleist portfolio, including golf balls, clubs, and gear, supported top-line results, bolstered by new driver and fairway wood launches timed ahead of the peak golf season. Growth in equipment sales and higher average selling prices expanded revenues, while a one-time tariff refund significantly boosted operating profit.

Misto Holdings completed the 10 billion South Korean won share repurchase program approved in May and approved an additional 5 billion South Korean won share buyback to support its shareholder return policy.