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^What official statement do you expect? From what I recall, CEOs or owners (of BCBG Max Azria, RadioShack, Payless ShoeSource, Gymboree, True Religion Apparel, Toys R Us) didn't come out and apologize for going bankrupt or explain they suck and having a tough time staying afloat.
Competition is just riding the wave. Wouldn't you? I would.
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