Women’s Wear Daily
04.18.2014
financial
financial

GFT Blames Restructuring for $125 Million Net Loss

MILAN -- GFT SpA, citing costs associated with its "massive restructuring effort," reported a 1993 consolidated net loss of $125 million (196 billion lire) at current exchange.The deficit compares with a loss of 88.8 billion lire in 1992. GFT...

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