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Oldest German shoe factory, Carl Semler, files for bankruptcySanita Footwear had been struggling financially for several years. In 2023, the company reported a sales loss of over 1.25 million USD and a net loss exceeding 1 million USD.
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Germany's oldest shoe company seeks revival amid bankruptcySanita Footwear had been struggling financially for several years. In 2023, the company reported a sales loss of over $1.71 million CAD and a net loss exceeding $1.37 million CAD.
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