By  on June 29, 2007

MILAN — Jil Sander AG chief financial officer Armin Mueller warned Thursday that the company might miss its breakeven target this year as it continues a legal battle with a minority shareholder and incurs unexpected costs.

Mueller said the company will make up some of the additional expenditures by cutting its advertising budget by about 30 percent in the second half of the year. Sander, which is thriving on the designs of creative director Raf Simons, is erring on the side of caution, the cfo said.

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