GREECE: Profits Tumble At Fashion Chain Vardas
Greek apparel chain Vardas on Tuesday announced a steep plunge in full-year pre-tax profit to $1.7 million from $3.6 million in the year-ago period. The company, which operates stores all over Greece, added sales for the 12 months to September 30 climbed to $31.8m from $25.7m in 2001.
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