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Quiksilver shares plunge after it ditches full-year forecasts

2015-06-10 06:31:11| Apparel - Topix.net

Shares in Quicksilver tumbled 32 per cent to US85c in New York - the biggest one-day decline since June last year. Turmoil at iconic Australian-born surfwear brand Quiksilver Inc has intensified after the surfwear group disappointed investors by ditching its full year forecast and indicating a turnaround in the North American business is moving slowly.

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