Brown Shoe posts losses of $27.3 million in Q4
28/02/2002
US footwear retailer Brown Shoe Co. Inc. made losses of $27.3 million in the fourth quarter ending February 2, 2002 partly due to one-off costs associated with the closure of 97 Naturalizer stores that were not performing. Other costs included inventory markdowns at Famous Footwear stores and debt charges.
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