Accell Group Results Hit by U.S. Bankruptcies
U.S. sales dropped 9% to €73 million ($82 million) in H1 blamed largely on the Sports Authority and Vestis bankruptcies, which hit the Diamondback brand for $2 million and resulted in lost sales and increased pricing pressure from liquidation sales. The Ghost brand saw sales increase, but Raleigh was down on difficult conditions in the IBD ... Log in to view full article.
