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Jil Sander sales are hit by exchange rates

Sales at designer brand Jil Sander fell 7.7% to €60.7 million (£42.2m) for the six months to July 31, after unfavourable exchange rates and delayed store openings.
The brand, which is owned by private equity firm Change Capital, also said net losses increased to €4.7m (£3.2m) from €3.9m (£2.7m) for the period.

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