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Improved Geox results for 2021 so far

The Italian footwear and apparel manufacturer has reported its financial results for the first nine months of 2021, showing sales revenue of €463.5 million (US$520 million), +8.9% at constant exchange rates.

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U.S. footwear sector remains under pressure

U.S. trade association Footwear Distributors and Retailers of America (FDRA) has released latest data from the North American shoe marketplace, revealing a continued difficult trading climate for the sector. 

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Nike’s revenue down 38% in fiscal fourth quarter

The global sportswear manufacturer posted revenues of US$6.3 billion for the fourth quarter of its fiscal 2020, ended May 31, a decline from the prior year as the majority of Nike-owned and partner stores in North America, EMEA and APLA were closed due to the Covid-19 pandemic.

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