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Globe International Core Brands Deliver Profit Across All Regions

Globe International Limited has announced its results for the 12 months ended 30 June 2024 (FY24). A significant improvement in performance was reported compared to the prior year. With the bulk of excess inventory clearance activity completed in FY23, the business benefited from increased margins associated with full/higher priced sales in FY24. This impacted across the group, with both the North American and European divisions turnarounds.  FY24 Financial Summary • EBIT of $17.1 million,…