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Geox sales forecast revision

16/05/2024
Geox sales forecast revision

Italian shoemaker Geox has revised its full-year sales forecast, citing inflationary pressures and a double-digit decline in first-quarter revenues, mainly due to weak wholesale channel performance, according to Reuters. Geox now expects a mid-single-digit percentage decrease in 2024 revenue compared to the previous year, contrasting with its...

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