Adastria Shares Soar After Apparel Retailer Posts Strong Results

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By Kosaku Narioka

Adastria shares soared Monday morning after the Japanese apparel retailer posted strong first-half results and raised the full-year guidance, citing price increases and strong consumer spending on fashion.

The company’s shares were recently 14% higher at 3,280 yen after rising as much as 16% earlier.

Adastria…

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