June 27, 2023
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Net loss was HK$5,069,000 ($0.6 mm) for the year ended Mar. 31 against a profit of HK$100,167,000 prior, suffering from shrinking margins combined with HK$42.2 million in legal and professional fees related to the canceled SPAC merger.
ManU commercial revenue was up 6% in the fiscal third quarter ended Mar. 31, to £69.4 million ($84.3 mm) as success on the pitch translated into a 3rd place finish in the Premier League, earning a spot in the UEFA Champions’ League next year.
Lower sales in North America pulled down JD’s total revenue growth to just 8% in May, lower sequentially after the 15% improvement in the fiscal first quarter ending in April.
The Chinese retailer and distributor’s total retail and wholesale revenues jumped in the low-20% range for the fiscal first quarter ended May 31, as the lifting of Zero Covid at the end of 2022 gave a boost to retail demand.
TRX has acquired YBell, which makes a triangular kettlebell/dumbbell hybrid, adding to the suspension training brand’s assortment of functional training gear.
IFit Health & Fitness is suing U.K.-based Fiit Limited in UT district court, accusing them of infringing on its “iFit” mark with several exercise products.