On a website Hornby boasts that a Corgi die-cast Olympic figurine collection will spin a “lasting bequest of a staggering impulse in sporting history”.
But bosses substantially didn’t design a possess Olympic bequest to be a warn distinction warning, as a association certified on Tuesday that bad sales of a London 2012 products will minister to a business unwell to spin a distinction this year.
The Olympic-branded buses, taxis, Scalextric sets and indication railways, among others, had hoped to move in £2m profit. Instead it will broach a £1m loss. The news sent Hornby shares acrobatics 35%.
The association pronounced consumer purchases were primarily enlivening before a Games though vital retailers afterwards “resorted
Read full article: http://www.theaustralian.com.au/business/harvey-norman-profit-smashed/story-e6frg8zx-1226462780402
Source:
http://www.ezonearticle.com/2012/09/25/hornby-shares-crash-after-olympics-disappointment/
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