By  on August 7, 2009

Improved margins and inventory controls helped Kenneth Cole Productions Inc. beat expectations by 10 cents in the second quarter, but couldn’t keep the company out of the red.

For the three months ended June 30, the New York-based fashion firm recorded a loss of $3.3 million, or 18 cents a diluted share, versus a loss of $2.1 million, or 11 cents a share, in the year-ago period.

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