News: CYQ Cycliq Group says it will change Australian product distribution and marketing model

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    March 9 (Reuters) - Cycliq Group Ltd (CYQ) -

    • Cycliq group ltd to change australian product distribution and marketing model
    • Ended its Australian exclusive distribution agreement with Fe Sports effective immediately
    • Change to an in-house model is forecast to result in higher unit sales and gross margins being achieved by co
    • Company is internalising distribution and marketing of current and future products in australia
    • "Board is continuing its global distribution and marketing review for other geographic regions"
 
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