Fila Holdings Net Tumbles on Lower Sales in Q1
Group net income declined 59% to KRW 39,500 million ($31.9 mm) in the first quarter due to the impact of lockdown restrictions and store closures around the world, on global revenues that fell 5% from the year-ago quarter to KRW 789,901 million ($638.8 mm). Without Acushnet, they declined by 13% to KRW 302,028 million ($244.3 mm). Sales dipped by ... Log in to view full article.
