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BTWW reports $5.91 million December net loss
By Caroline Salls
Pittsburgh, Jan. 21 - BTWW Retail LP reported a $5.91 million net loss for December on $26.93 million of net revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Northern District of Texas.
The figures showed improvement over the $14.85 million net loss posted in November on $8.03 million of net revenues.
The company had $10.26 million in cash as of Dec. 31, compared with $9.28 million at the end of November.
Dallas-based BTWW, the largest retailer of western wear and accessories in the United States, filed for bankruptcy on Nov. 3. Its Chapter 11 case number is 08-35725.
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