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Birmingham Post
Birmingham Post
Business
Jon Robinson

Losses near £21m at discount fashion chain Matalan as search for buyer continues

Matalan lost almost £21m during the first half of its financial year, new figures have revealed.

The Liverpool-headquartered discount fashion chain has posted losses before income tax and exceptional items of £20.8m for the 26 weeks to August 27, 2022.

The company had achieved a profit of £1.3m during the same period in 2021.

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