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...Sabrina Simmons, chief financial officer, said that “after a strong start to the holiday season in November, sales and traffic trends for our brands were less consistent in December”....
...However, its net loss narrowed to $35m from $44m a year earlier due to stronger sales at it Bloomingdale’s stores and online....
...“January was a clearance month,” said Sabrina Simmons, Gap’s head of investor relations....
...Sabrina Simmons, head of investor relations, said clearance sales of autumn clothing had driven merchandise margins significantly down....
...Sabrina Simmons, head of investor relations, cited significantly lower margins as a result of sales to clear remaining spring merchandise....
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