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Gear4Music plunges on capacity constraints

Gear4Music plunges on capacity constraints

Gear4Music (G4M) has been pursuing a strategy of cutting prices to capture market share in recent years. However, a lack of capacity to deal with the rapid rise in sales during the Christmas trading period of last year has forced the musical equipment retailer to warn that adjusted cash profits for the year to February 2019 are likely to be below the prior year's levels.  

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