Sweaty Betty Swings to Loss in 2022
The U.K.-based women’s fitness apparel brand reported its own full-year 2022 results to its home country’s Companies House, with some greater detail than parent Wolverine Worldwide provides. Net results for the year swung to a £4,300,776 loss ($5.3 mm) against 2021’s £11,472,690 profit on net sales that were down 8% to £167,725,485 ($206.8 mm) from £183,237,773. The company pointed to economic and socio-political conditions pulling down overall ... Log in to view full article.
