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Oroton’s uncertain future

OrotonGroup is the latest retailer to invest in its e-commerce business, while its in-store sales continue to falter. Will it make a difference? Luxury handbag retailer, OrotonGroup, has reported a disappointing if unsurprising end to FY17, with sales down 10 per cent from the previous year and an EBIT loss of $1.7 million. The company blamed its factory outlets and loss-making Gap stores for the downturn and said it has taken steps to rectify both issues in the months ahead. After asking invest