October 28, 2019
Consumers said they plan to spend an average of $1,047.83 this holiday season, up 4% from the $1,007.24 they spent last year, according to the annual survey conducted by the National Retail Federation and Prosper Insights & Analytics.
Comprehensive income more than doubled to SEK339 million ($35.3 mm) from SEK146 million in the third quarter, helped by a SEK200 million positive swing in foreign currency translation and other comprehensive items, as revenues increased 8% to SEK1,682 million ($175.4 mm) from SEK1,561 million.
After rumors last month that Google parent Alphabet was eyeing the struggling fitness band maker, Reuters reported that an offer has now been made, citing a confidential inside source.
One of the most colorful characters in sporting goods, Curt Mueller died Oct. 19 at the age of 85.