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January 23, 2002

JAPAN: Casualwear Company Itariyard Goes Bust

Troubled clothing wholesaler Itariyard Co. Tuesday has had its bankruptcy filing approved by the Kyoto District Court, leaving liabilities of around 6.2 billion yen. The 25-year old company, which mainly handles women's casualwear, saw its annual sales peak at 17.5 billion yen in 1996.

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