Sales in the first quarter dropped 11% to €116.8 million ($128.6 mm) at the Italian fitness equipment maker from €131.5 million last year on declining fitness club and wholesale sales due to the coronavirus pandemic. Field sales were off 12% to €81.1 million and wholesale sales to retailers fell 21% to €22.2 million. Direct-to-consumer benefitted from stay-at-home orders, with inside sales—which includes e-commerce and ... Log in to view full article.