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Apparel

Saks reports Q2 net loss of 12.3 million dollars

Retailer Saks Incorporated announced financial results for the second quarter and six months ended July 28, 2012. For the second quarter ended July 28, 2012, the company recorded a net loss of 12.3 million dollars (Rs 68 crore), or .08 dollars (Rs 4.4) per diluted share as compared to 8.4 million dollars (Rs 46 crore), or 0.05 dollars (Rs 2.7)...

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