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Profit falls at Clarks despite sales increase

26/05/2017
Profit falls at Clarks despite sales increase

Footwear brand Clarks has reported sales of £1.7 billion for the year to January 31, an 8% increase compared to the previous year.  The company attributed this growth to favourable exchange rates when selling products overseas. Despite this increase in sales, Clarks saw its profit fall 43% to £19.9 million amidst efforts to restructure the...

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