Gaiam grows revenue, narrows loss
LOUISVILLE — Buoyed by strong sales of its yoga, fitness and wellness products at such retailers as Kohl’s and Target, Louisville-based Gaiam Inc. (Nasdaq: GAIA) on Thursday reported net revenue up 27 percent from the same quarter a year ago.
“Our second quarter results included the successful April launch of our exclusive Kohl’s apparel line, which continues to exceed our expectations,” said Gaiam chief executive Lynn Powers in a media statement. “Excluding this new revenue stream along with sales from our largest customer, revenue from our top 25 customers increased 30 percent, demonstrating the…
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