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Guess? Q1 revenues down, but Asia rebounds

American retailer Guess? has reported its financial results for Q1 ended April 29, 2023, which it said had “exceeded” expectations despite a fall in net revenue. The company saw a 4 percent decrease in its total net revenue for FY24, dropping from 593.5 million dollars to 569.8 million dollars, with its Americas wholesale declining 25 percent...