Heelys reports Q2 fall in international sales
11/08/2011
US-based footwear company Heelys has announced a second quarter loss after a 22.7% rise in domestic revenues was offset by a 15% fall in international sales.
The business said the sales losses were primarily due to a drop in consumer spending in Japan triggered by the earthquake and tsunami earlier this year, as well as sales falls in France and Germany, offset by gains in Russia.