Clarks feels the weight of “increasing cost pressures”
29/05/2018
Footwear brand Clarks has reported sales of £1.54 billion for the year to January 31, 2018, a drop of 7% compared to the previous year. The company’s underlying pre-tax profits for the period fell from £63.7 million to £45.2 million. “The retail environment remains challenging for all organisations, with increasing cost pressures and...
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