Financial

Fila Holdings’ woes impacted largely by US market

By 2023-08-17T08:23:00

Fila

Faced with the ongoing process of liquidating bloated inventories in the U.S. amid a market flush with excess inventory, Fila Holdings reported a 40 percent constant-currency decline in Q2 operating income to KRW 91,943 million (€64.4m) for the period ended June 30.

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