MILAN — Citing poor market conditions in North America and Europe as well as high investment costs for its network of stores, Jil Sander recorded a net loss for the first half of the year.
The German design house posted a first-half loss of $13.4 million, compared with a slight profit of $73,679 in the year-earlier period. The first-half loss eclipsed the $10.5 million full-year loss in 2001. Dollar figures have been converted from the euro at current exchange rates.
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