Report
Worse-than-expected future for SurfStitch: FY17 loss doubles
Australian online fashion retailer SurfStitch advanced Monday that bigger losses are ahead as it has seen its online sales decline. The company is now forecasting an underlying EBITDA loss for the full year of between 10.5 million Australian dollars to 11.5 million Australian dollars, doubling its previous loss forecast for a range of 5 - 6.5...
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