Pacific Brands, the Australian maker of apparel and footwear, has...

Pacific Brands, the Australian maker of apparel and footwear, has decided to cut its full-year dividend as a response to the deteriorating market. Instead of 0.17 Australian dollars (€0.084-$0.112), the dividend will be A$0.06 so the company can preserve capital and repay debt. In August the company reported a full-year ...

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