Disappointing Year Prompts Stylo To Close Stores And Modify Sourcing

Rising costs, unseasonably mild Fall and winter weather, anti-dumping duties against leather footwear coming from China and Vietnam and a stagnant retail environment in the UK were all reasons for Stylo’s poor results in its financial year, ended Feb. 3. The company’s loss before taxes fell to £4.5 million (€6.6m-$8.9m), ...

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