CANADA: Danier Leather Suffers FY Profit Fall
Leading designer, manufacturer and retailer of leather and suede clothing and accessories, Danier Leather Inc, has posted a fall in full-year net profit to $10.7 million from $12.1 million in 2001. The Toronto-based company opened several new stores and said revenues rose nine per cent to $180 million in the 52 week period compared to the previous year which was a 53 week period.