Analyst Research

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Provider: Reuters Investment Profile
Provider: Edison Investment Research

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Fashion B Air SA Announces Restructuring Plan

Tuesday, 14 May 2013 02:45am EDT 

Fashion B Air SA announced a restructuring plan to achieve savings of EUR 2 million for fiscal year 2013/2014. The plan includes the sale of retail stores that do not meet the Company's profitability criteria, negotiating lease agreements in order to achieve savings, and outsourcing certain roles in various divisions, including logistics and export. The plan also involves continuing the promotion of sales via the Company's e-commerce site and optimize supply conditions. 

Company Quote

-0.01 -0.49%
26 Sep 2014