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Fifth & Pacific (FNP -15.3%) slumps after the retailer slashes its outlook for full-year profits...

Fifth & Pacific (FNP -15.3%) slumps after the retailer slashes its outlook for full-year profits with its Juicy Couture brand showing poor results. On the positive side, the company says direct-to-consumer comparable sales for Kate Spade and Lucky Brand rose 21% and 4%, respectively.
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