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Myer to raise AUD221m for turnaround as FY profit plummets

2015-09-01 16:28:00| Daily apparel & textile news and comment - from just-style.com

Ailing Australian department store retailer Myer Holdings has revealed plans to raise AUD221m (US$155.7m) to fund a new turnaround plan, after seeing its full-year profit plummet.

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