Australia’s Myer cuts profit guidance, writes off Topshop, shares slump

(Reuters) – Top Australian department store operator Myer Holdings Ltd gave a profit warning on Thursday after a mid-year sale fizzed and efforts to revive the local arm of British fashion chain Topshop failed, sending its shares to a record low.

from Reuters: Top News http://uk.reuters.com/article/uk-myer-outlook-idUKKBN1A50BM?feedType=RSS&feedName=topNews

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