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Fashion

Jack Wills posts 9.7 million pounds FY loss

British preppy firm Jack Wills, largely owned by its founders Peter Williams and Robert Shaw, posted a 9.7 million pounds pre-tax loss for the year to February 2013, spinning off talks of a potential flotation or sale. Jack Wills, whose 70 percent stake remains in the hands of founders Peter Williams and Robert Shaw, has moved into the red after...

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