Wedins Continues To Write Red Figures

The Scandinavian shoe retail group has reported a net loss of 27.4 million Swedish kronor (€2.9m-$3.6m) for the six months ended Feb. 28, up from 24.3 million SEK in the year-ago period. Sales increased by 4 percent to 573.0 million SEK (€61.4m-$74.3m), the gross margin improved to 56.4 percent from ...

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