Soft U.S. Market Affects Volcom

2008-02-25T00:00:00

The soft retail environment in the USA led to off-price sales at Volcom in the 4th quarter of 2007, causing a drop in the American apparel company’s gross margin of 3.8 percentage points to 43.4 percent. While total revenues grew by 22.1 percent to $69.1 million, net income was off ...

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