April 16, 2021
Net income attributable to shareholders was barely in the black for 2020 at IDR 2,078 million ($0.1 mm) down from IDR 686,771 million, as revenues plunged 36% to IDR 4,781,480 million ($327.9 mm) from IDR 7,472,911 million at the Indonesian retailer.
The ratings agency cited Big Foot’s stronger-than-expected performance for the year, revising its outlook to stable from negative, and affirming its BB+ issuer credit rating.
An open letter to the Biden Administration organized by the We Mean Business Coalition and Ceres and signed by 310 U.S. businesses and organizations, demands that it make every effort to achieve a 50% reduction in emissions by 2030.
The Conzzeta Group’s Outdoor segment, which only includes Mammut Sports Group, saw revenues increase 27% to CHF 64.5 million ($70.1 mm) led by e-commerce sales that doubled year-on-year.
Echoing Anta Sports' results earlier this week, Chinese sportswear brand Xtep reporting a big jump in Q1 retail sales, benefitting from an easy comparison with last year’s pandemic outbreak.
Sycamore Partners-owned Pure Fishing completed the previously announced acquisition of Plano Synergy Holdings, then immediately sold off Plano’s archery and hunting accessories brands to GSM Outdoors.
Therabody has acquiring electric muscle stimulation brand, PowerDot, which sell the Smart Muscle Stimulator, an FDA-cleared Class II medical grade device.