JAPAN: Reorganisation Pushes Suzutan To $3.2m H1 Profit
Women’s apparel chain Suzutan Co Ltd on Friday posted a first half net profit of $3.2 million as it reaped the rewards of a reorganisation plan that included job cuts. The Nagoya-based operator of more than 80 stores said turnover in the six month period fell 20.3 per cent year-on-year to $125m.
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