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‘Another poor quarter’ persuades Wilsons to innovate on inventory

23/08/2007

The chief executive of leather apparel and accessories retailer Wilsons, Michael Searles, has acknowledged that the company’s latest financial results represent “another poor quarter”.Net sales decreased 11.3% to $43.6 million compared to $49.2 million for the same period last year. Comparable store sales for the second quarter decreased by...

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