Foreign exchange headwinds from the strong Swiss franc resulted in a Q2 net loss of CHF 40.9 million ($49.5 mm) compared to last year’s income of CHF 30.8 million as sales increased 32% (+38% CC) to a quarterly record CHF 749.2 million ($906.5 mm) from CHF 567.7 million. The total ForEx impact was CHF 139.9 million. Direct-to-consumer sales were up 47% to CHF 308.3 million on growth from both e-commerce and brick-and-mortar. Flagship stores continue to drive owned retail performance, with the Los Angeles location getting a call out for boosting ... Log in to view full article.