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By Jon Robinson Matalan’s pre-tax loss was slashed during its latest financial year despite its sale dipping, according to new figures. The Liverpool-headquartered company has posted a loss of £60m for the year to February 24, 2024, compared to a loss of £106m in the prior 12 months. The results also show Matalan’s revenue declined from £1.1bn to £1bn over the same period. The results are the first since Matalan was taken over by its lenders in January 2023 in a move which ended the involvement of founder John Hargreaves. The group, led by Invesco, Man GLG, Napier Park and Tresidor, sealed the…

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