Wedins Improves Its Profitability

The Swedish-based shoe and leathergoods retail chain reports an 8.8 percent drop in total sales to 506 million Swedish kronor (e55.4m-$66.2m) for the 6-month period ended last Feb. 29, due mainly to a tough and unprofitable second quarter that lowered the gross operating income for the 1st half to 12.2 ...

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