The Germany-based e-tailer’s revenues grew by 27% in the fiscal first quarter ended Dec. 31 to €246 million ($251 mm) from €194 million, boosted by incremental sales from the WiggleCRC and Tennis Express acquisitions. Pro forma revenue declined 11% year-over-year, however, blamed on continued depressed consumer sentiment and a promotional and overstocked bike market. Gross margin plunged nearly 700 ... Log in to view full article.