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Steep rise in Clarks losses

06/11/2019
Steep rise in Clarks losses

Footwear brand Clarks has reported turnover of £790 million for the 12 months to February 2019, a fall of 3.7% compared to its previous fiscal year. The company recorded a loss after tax of  £20.9 million; it linked this substantially increased loss to a revenue to costs related to running its shops. More than 70% of group turnover came from...

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