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Gap profit soars; Aeropostale first quarter sales plummet

2013-05-24 02:51:31| Apparel - Topix.net

Gap has staged a comeback in the last few years, offering hipper fashions that have found favor again with shoppers that in the interim had flocked to Zara parent Inditex SA , which competes with Gap, said its first quarter same-sales fell 14 percent, blaming poor weather and a tough economy, and reported a loss as it resorted to deep discounts to ... (more)

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