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US: Saks Q1 profit slumps 37.8% but sales rise

2013-05-21 17:28:00| Daily apparel & textile news and comment - from just-style.com

Luxury retailer Saks has today (21 May) posted a 37.8% decline in first-quarter net profit after it was weighed down by store closing costs and debt-extinguishment losses.

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Category:Consumer Goods and Services

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