Impairment charges totaling $60 million pulled Big Foot’s bottom line into the red in the third quarter, resulting in a net loss of $33 million against a $28 million profit, as revenues slipped just over 1% to $1,961 million from $1,989 million.

The company’s turnaround program for its outdoor/recreation has progressed more slowly than its other divisions, NWL told the Morgan Stanley Global Consumer & Retail Conference, but the category is looking healthy on regulation and tariff fronts.

Filote, a veteran e-commerce executive, took the reins of Remix, the online resale platform’s European operation, last May and has now acquired 91% of the company for the price of €1.