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Stylo explores options as margins are hit

Stylo has warned of challenging trading as margins at the footwear business are impacted by the tough economic environment.

Stylo, the company behind the Barratts and Priceless footwear chains, released a statement today saying that margins continued to be impacted, but that the company was managing stock levels and costs tightly.

It added that the board was continuing to explore strategic options for the business.

In December, Stylo warned that trading since its interim results had been below expectations.

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