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Article Date: September 2020
Word Count: 156

Airesis Loss Expands On Plunging Sales in H1

The parent of Le Coq Sportif and Movement Skis widened its net loss to CHF18.5 million ($20.4 mm) in the first half of 2020 from a loss of CHF1.9 million prior, as sales tumbled by more than half to CHF 32.2 million ($35.4m). The coronavirus pandemic impacted both brands, with Le Coq Sportif revenues falling 50% to €29.2 million with a loss of €14.9 million, and Movement sales off 47% to CHF 932,000 resulting in a loss of ... Log in to view full article.


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