News: Geox SpA (GEO.MI)
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24 May 2013
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Wed, May 15 2013
Italy's Geox expects 10 percent fall in first-half sales
MILAN, May 15 - Italian shoemaker Geox expects sales to decline around 10 percent in the first half of the year, weighed down by the financial crisis in Europe which is squeezing credit lines to its commercial distributors and spending power among shoppers.
Shoemaker Geox slashes dividend on Italy slowdown
MILAN, March 6 - Italian upmarket shoemaker Geox cut its dividend for 2012 and said it expected sales in the first half of 2013 to fall in line with last year as shoppers rein in spending in its recession-hit domestic market.
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