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Business

Ralph Lauren Corp.

Clothing retailer Ralph Lauren raised its outlook for fiscal 2012. It said revenue will jump 20 percent, up from a projection of a high-teens to low 20 percent gain. The company cited its “stronger-than-expected third-quarter performance’’ in raising the forecast. Third-quarter net income rose to $169 million, or $1.78 a share, from $168.4 million, or $1.72, a year earlier.

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