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Financial

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Mariella Burani Fashion Group Seeks Bankruptcy

The company is attempting to put itself into administration.

Damiani Reports Net Loss

Hurt by slow demand in markets such as Japan and Russia, Italian jewelry firm Damiani SpA reported a net loss of 7.4 million euros, or $10.5 million.

Zale Reaches Exit Pact With Former CEO

Severance of $600,000 for Neal Goldberg.

China Okays Trade Finance Firm for Factoring License

UK-based firm operates in Tianjin, established as supply chain finance hub.

Strategic Holdings Group Acquires Buzzskin

Buzzskin Inc., which markets upscale men’s personal care items through its Web site, Buzzskin.com.

New Look Postpones IPO

British retailer shelves IPO, citing volatile market conditions.

Lacoste, Steven Birkhold

Birkhold Outlines New Lacoste Strategy

Ceo Steven Birkhold is laying out a postrecession strategy for the French sportswear brand, Lacoste.

Burani Holdings Declared Bankrupt

A Mariella Burani runway show remains scheduled for March 1.

Daily Stock Wrap: February 11, 2010

The day's gainers and losers.

Retail Stocks Gain Thursday

S&P Retail Index rose 4.33 points, buoyed by a drop in first-time jobless claim and Greece bailout.

Lower Costs, Higher Sales Lift Tandy Net

Second-quarter profits increase seven-fold.

VF Corp. Eyes Global Push

VF Corp. reports a 42.3 percent drop in fourth-quarter profits, plans investments in Asia.

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