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Fallen Saints

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Did AllSaints expand too fast? That's the argument of this New York Post story, which claims that the grungy British retailer started delaying vendor payments and axing senior employees this past fall. AllSaints opened nine US stores over the past 18 months, including their Soho flagship, which launched to much success and major sales last May. According to the Post, though, even the Soho store fell behind expectations in terms of full-year sales. [NYP]