News

Out-of-favour Heelys reports Q3 loss

15/11/2012

US-based wheeled-shoe brand Heelys has reported a continuing decline in sales and revenue as it prepares for a change of ownership, after last month being bought by private equity firm Evergreen. Although domestic sales increased $398,000, or 17.3%, during the three months to the end of September, international sales and gross profit decreased...

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