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Management

Paul Smith FY19/20 turnover drops 18 percent amid pandemic

Paul Smith Group Holdings has reported an 18 percent drop in turnover for the 12 months ended June 30 of last year as the pandemic took its toll on the business. Prior to March 2020, turnover at the British fashion label had been “reflecting annualised increases” - but very few sales in the fourth quarter linked to store closures meant turnover...

Jul 14, 2021