Globe Update
“The head offices of Kubic and Globe are being amalgamated in California, with some of the cost savings from the staff reduction being redirected to sales and marketing.” …”Net profit slumped to just $159,000 in the first half from $7.7 million a year earlier after the company was hit by a slowdown in the skating goods market and a shift by young shoppers to lower-priced value brands in footwear.” Thanks Andy Mac.