Preview - Please log in to view full article.

Article Date: September 2020
Word Count: 135

Technogym Prioritizes DTC and Home Fitness


Net income plunged 76% in the first half to €6,068,000 ($6.7 mm) from €25,287,000 on 24% lower revenues of €222,448,000 ($245.0 mm) from €294,602,000. Second quarter sales dropped 35% following an 11% decline in Q1. The big Italian-based fitness equipment supplier is shifting its focus from the gyms to the consumer after booking a 50% sales increase in its relatively small Home & Consumer segment for the ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.