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Shoe Zone scraps dividend as Covid-19 hits turnover

British footwear retailer Shoe Zone has scrapped its dividend for the financial period ended 5 October after the company’s turnover took a hit from Covid-19. For the six months to 31 March, turnover fell 3.4 percent year-on-year to 69.9 million pounds. As of 28 April, the company had a net cash balance of approximately 5.4 million pounds, having...

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