Cyclical Consumer Goods
Wednesday, June 22, 2016
UPDATE 1-Toymaker Hornby announces turnaround plan, reports FY pretax loss
June 22 (Reuters) - British toymaker Hornby Plc said
it would decrease its product lines by 40 percent and exit a
majority of its concession agreements in the UK in a turnaround
plan aimed at boosting its gross margins.
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