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Global fashion retailers deliver mixed performance in FY23

Insights

• In FY**3, 7 fashion companies reported mixed results.
• Duluth Holdings and Nordstrom were among the weaker performers, with Duluth experiencing a net sales decline and Nordstrom reporting only a slight increase in Q4 sales.
• Conversely, companies like OVS, Ross Stores, AEO, Burlington Coat, and LPP Spolka Akcyjna reported growth in both sales and profits.