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Oroton fears earnings wobble

2014-12-03 04:24:06| Apparel - Topix.net

Upmarket retailer Oroton fears its first half earnings could fall because it has stopped slashing the prices of its luxury accessories for shoppers. Oroton chairman John Schmoll says sales were lower in the first quarter of the financial year compared to 12 months earlier, when the retailer was offering more discounts.

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