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Australian retailer Rivers loses 11 million dollars in six months

Rivers has suffered an estimated 11 million dollars loss in just six months, delivering a blow to the earnings of its new owner, according to Australian media. The apparel group, which also owns the Katies and Millers chains, has reported a 32 percent slide in half year earnings due to the poor performance of Rivers. Specialty Fashions expects...

16 Jan 2015

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