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OrotonGroup slashes interim dividend after net profit falls 57pc

2015-03-19 05:21:41| Apparel - Topix.net

Oroton chief executive Mark Newman is aiming for increased profit from building a network of Brooks Brothers shops after the luxury retailer lost the Polo Ralph Lauren licence agreement 18 months ago. Photo: Wayne Taylor Luxury clothing and accessories retailer OrotonGroup has slashed its interim dividend after reporting a 57 per cent drop in first-half net profit to $2.2 million.

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