Fashion
Saks returns to profit
US department store group Saks Inc has reported a second quarter profit of $8.2 million (£4.7 million), compared with a loss of $25.3 million last year. The group's return to profit was boosted by the sale of some of its stores. It sold its Proffitt's and McRae's businesses and is considering selling some of its other divisions. Saks said that...
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