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Geox pins hopes on Asia as Italian sales fall a third

16/05/2013

Italian breathable shoe company Geox has seen sales fall 20% for the first quarter, which it says is due to the unfavourable economic climate. It reported sales of 262.5 million, with sales in Italy down a third to EUR 89.9 million. In the rest of Europe, which accounts for 44% of group sales, they fell 17% to EUR 115.9 million. Geox chairman...

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