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Currency headwinds hamper Quiksilver’s recovery

11/06/2015

Surfwear company Quiksilver has reported “stabilised” revenues for the second quarter but warned currencies are a “major headwind” and are expected to strip $30 million from its 2015 earnings. The US brand has undergone major restructuring in the face of falling revenues but says it is confident it is on the right track. CEO Pierre Agnes said:...

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