Second quarter net income at the helmet technology company tumbled 75% to SEK 20 million ($1.9 mm) from SEK 80 million as sales were halved to just SEK 102 million ($9.7 million) from SEK 206 million, hurt by retailer destocking in the U.S. and Europe. Mips customers, the helmet manufacturers, are also cautious as many of them also have elevated inventories, especially of helmets at lower price points. Sales to North America declined ... Log in to view full article.