March 26, 2025 KMD Brands’ Loss Doubles in Fiscal H1
Shrinking EBIT results across brands widened the net loss attributable to shareholders by 107% to NZ$21,540,000 ($12.7 mm) from NZ$10,426,000 for the fiscal first half ended Jan. 31 on a 1% tick up in revenue to NZ$470,945,000 ($277.9 mm) over NZ$468,644,000. Technogym Americas’ Sales Grow Mid-Teens
Net income attributable to shareholders at the Italian fitness equipment specialist increased by 18% last year to €87,041,000 ($94.0 mm) from €73,640,000 as revenue gained 12% to €901,288,000 ($973.4 mm) over €808,091,000. Foot Locker Elevates Bracken to President
Fifteen-year Big Foot veteran and its current EVP and chief commercial officer, Frank Bracken, is now the retailer’s president, continuing to report to CEO Mary Dillon.
S&P Global raised the luxury Italian sneaker maker’s long-term issuer credit rating and issue-level rating on the company’s floating rate senior secured notes to BB-, with a stable outlook. Rebel Athletic Scores PE Investment
The luxury performance, sportswear, and cheerleading specialist received an unspecified investment from Main Post Partners. Etcetera: Far Bank, Grassroots Outdoor Alliance, OrthoLite
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