Impairment Pads Rafaella 2nd-Qtr. Loss

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A $23.4 million impairment charge on its namesake brand drove Rafaella Apparel Group to a wider net loss in the second quarter and a loss on an operating basis.

The company also disclosed...

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Impairment Pads Rafaella 2nd-Qtr. Loss

Sales for Rafaella declined 4.4 percent.

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