September 18, 2020 Industry Swings to $1.6 Billion Loss in Second Quarter
In what was the most tumultuous period since we’ve been tracking industry results, the aggregate net loss was $1,580 million in the second quarter against a profit of $2,687 million last year, on total revenues that plunged 24% to $31,828 million from $41,858 million. 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). Bollé Taps Rossignol Vet to Lead Sports and Luxury
Bollé Brands hired François Benaben as the new president of its sports and luxury division. Etcetera: Puma, Dunlop, Augusta, Arc’teryx, Free People, Hydro Flask
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