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Fashion brands affected by volatile currencies

As the majority of fashion companies export their goods, the costs, sales and profitability of their brand can suffer when there is a high fluctuation in currencies. Devaluation of the rouble at the end of 2014, for example, saw companies like Zara, Adidas, New Look and River Island all close stores in Russia. One way to combat currencies woes...

Feb 18, 2015

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