Hylete Sales Slip in 2020
The DTC fitness apparel and sneaker brand said that revenues declined 20% in the final quarter to $3.3 million from $4.1 million, and were down 12% in the pandemic year at $11.1 million from $12.6 million. Through 2019, Hylete was growing at a 70% CAGR since its 2012 launch. Gross margin has been improving, expanding ... Log in to view full article.
