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Gerry Weber to close 230 stores as FY earnings plummet

2018-12-10 13:27:00| Daily apparel & textile news and comment - from just-style.com

Struggling German fashion retailer Gerry Weber has announced it will close 230 stores and cut its workforce, warning it expects a "significant loss" in earnings for the full year fuelled by restructuring costs, depreciation and write-downs.

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Category:Consumer Goods and Services

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