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Schuh parent Genesco swings to Q1 loss, cuts guidance

Nashville-based specialty retailer Genesco has lowered its full-year outlook after swinging to a loss in the first quarter of the year. The company, whose portfolio includes Scottish footwear retailer Schuh, made a net loss of 18.9 million dollars in the three months to April 29 compared to a profit of 4.9 million dollars a year earlier. That...