Zett Has Q1 Loss on Broad Sales Declines
The Japanese sports brand swung to a ¥345 million ($3.2 mm) loss in its fiscal Q1 ended June 30 from a profit of ¥289 million last year, as revenues dropped 42% to ¥6,410 million ($59.6 mm) from ¥10,975 million. Widespread school closures and event cancellations sent Converse sales ... Log in to view full article.
