Technogym Home Fitness Jumps Triple Digits in Q1
The Italian fitness equipment brand reported a 10%revenue increase to €128.7 million in the first quarter of 2021, including a 129% gain in Home Fitness B2C revenues to €51.3 million, now accounting for 40% of total revenues. Sales were up 13% constant currency, including +26% in Italy, +1% in the rest of Europe, +29% in Asia/Pacific and +69% in the Middle East, India and Africa, but down 20% in North America. The company’s B2B operations increased in the ... Log in to view full article.