Clarks’ profits sink

C&J Clark (Clarks) reported a 4.5 percent increase in total revenues to £709.8 million (€957.6m-$1,091.1m) for the first half of its current financial year, ended July 31, but its net profit fell to £16.3 million (€22.0m-$25.0m) from £33.5 million in the corresponding period of 2014. “Generally, in terms of profitability, ...

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