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Superdry Profits Fall 57 Percent Amid Warning of Sales Declines Ahead

Superdry Plc plunged after warning that sales will fall in the coming months following a year of boardroom drama at the U.K. apparel chain. Pretax profit fell 57% for the 12 months through April as the company blamed unseasonably warm weather for flat sales. The retailer, known for outerwear emblazoned with a faux-Japanese logo, issued…

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