Net losses also increased in the period to 14.3 million francs from a loss of 10.5 million francs in the same period last year. Adjusted EBITDA was 15.7 million Swiss francs, a decline of 21.1 percent from the 19.9 million francs in the year-ago quarter.
Caspar Coppetti, cofounder and executive co-chairman, added: “This quarter also saw our biggest product launch in history — with the Cloud 5, the latest and most environmentally friendly iteration of our flagship product in the Performance All Day category, we continue to drive the industry in sustainable innovations.”The Cloud 5 is made of 44 percent recycled content, the company said.
Hoffmann said apparel offerings will continue to be expanded this year, including the launch of the first performance bra and “many items” for the activewear, running, performance running, traveling and exploration communities.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on recordJD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.
Source: CNBC - 🏆 12. / 72 Read more »
Chinese E-Commerce Giant JD Beats Estimates Despite Slowest Quarterly Revenue Growth on Record; Shares Pop 8%JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.
Source: NBCDFW - 🏆 288. / 63 Read more »
Retail spending increased 0.9% in April, boosted by demand and inflationRetail sales were expected to rise 1% in April, according to Dow Jones estimates.
Source: CNBC - 🏆 12. / 72 Read more »
Over 3.5 billion people will need assistive products by 2050: ReportAccording to reports from WHO and UNICEF, the number of people around the world who need assistive products to manage their disabilities is expected to exceed 3.5 billion by 2050. Does that factor in the vaccine fallout?
Source: Newsweek - 🏆 468. / 52 Read more »
Congress holding UFO hearing Tuesday morning: Watch it live (and what to expect)The proceedings begin at 9 a.m. EDT (1300 GMT). AdamGoldsack Massive questions need asking of UFOs. AdamGoldsack We don’t know what they are…but we need to find out. AdamGoldsack
Source: SPACEdotcom - 🏆 92. / 67 Read more »
Vauxhall Insignia axed in UK, to return as EV by 2026 | AutocarThe Vauxhall Insignia has been taken off sale in the UK, and will be a radically different proposition when it's eventually replaced To be replaced by another cursed crossover. Shame, it’s actually decent, my dads had 3 lol Hopefully they don’t ruin the next one 🤞 Nice, I like it
Source: autocar - 🏆 93. / 67 Read more »