CANADA: Far West Slips To Q3 Loss
Sportswear and outerwear maker and distributor Far West Industries Inc on Tuesday said it swung to a small third quarter loss amid a "sluggish" retail environment and late delivery of Concept snowboard apparel. The British Columbia-based firm reported a net loss of $60,000 for the three months to September 30 versus a year-ago profit of $50,000. Quarterly sales slumped to just over $2 million from nearly $2.9m in 2001.
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