GNC
RetailDrive said that GNC suffered a 3.4 percent decline in year after year gross revenue, which translates to $2.5 billion. It has a $1.3 billion debt as well. GNC chief executive said it had been doing fine in China and e-commerce during 2018 Q2. GNC said that its top-line saw a decline in profits and sales in the same period. It planned to sell 40 percent of shares to a China-based pharma company that will take over its product promotion, sales, distribution, and production over there.
GNC
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