Change in U.S. distribution plunges Sanita into a loss
Sanita Footwear, the Danish producer of clogs had a negative result of 6.5 million Danish kroner (€0.87m-$0.98m) in 2018, compared with net income of DKK 36.2 million in the previous year. While sales and results were relatively positive in Europe, Sanita took a hit in the U.S. due to the winding ...
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