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Clothestime Inc.: The Anaheim-based apparel retailer said...

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From Times Staff and Wire Reports

Clothestime Inc.: The Anaheim-based apparel retailer said its second-quarter earnings fell 35% to $1.5 million, although revenue rose 9.5% to $57 million. It said a decision to reduce its markup on new lines of brand-name clothes led to the drop in income.

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