Japanese outdoor brand Goldwin opened two new stores in Shenzhen and Shenyang, marking its debut in both cities. The stores are located in Shenzhen MixC and Shenyang MixC, bringing the brand’s total store count in mainland China to seven. In its latest financial report for the fiscal year ending March 25, 2025, Goldwin’s parent company reported a 4.3% YoY increase in sales to 132.31 billion Japanese yen ($913 million). Gross profit margin stood at 52.1%, down 0.8 percentage points from the previous year. Operating profit declined 8.1% to 21.9 billion yen ($151 million), impacted by rising raw material costs and exchange rate fluctuations.