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GBMI bows out

13/11/2007
Reports indicate that California-based footwear designer Global Brand Marketing Inc. (GBMI) has closed down all its operations. The closure could be linked to Diesel’s recent decision to terminate its distribution arrangement with the company.

Approximately 150 employees are said to have been dismissed. Meanwhile, the future of the company’s brands, which include Dry-shoD, Nomass, Mehandi, and FunFlopps brands, is currently unknown.

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