Ralph Lauren posts 13.2% drop in sales

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Source: Dukascopy Bank SA
The US luxury brand Ralph Lauren reported a 13.2% fall in its quarterly sales as the company's decision to sell the majority of items at full price cooled demand in North America.
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Tue, 08 Aug 2017 14:24:23 GMT

Michael Kors posts better-than-expected Q1 revenue and profit

On Tuesday, the US fashion accessories manufacturer Michael Kors reported a better-than-expected revenue and profit in its Q1, while the company's shares soared 12.4%.

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Four Taliban militants dead in Lahore after bomb blast

Four Taliban militants were reported to be killed by the security forces of Pakistan in the Lahore city after a vehicle bomb blast claimed life of at least one person and injured 22 on Thursday.

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