India’s Arvind Fashions posts smaller Q3 sales growth, sending shares down 9% – ET Retail
BENGALURU: India’s Arvind Fashions, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a slowdown in revenue growth in the key holiday quarter and warned that any improvement would only come next quarter. The company’s shares tumbled nearly 9% after the results, in their biggest intra-day slide in five weeks….