MILAN, Sept 23 (Reuters) - Shares in OVS rose for a second straight session on Thursday after the Italian clothing chain posted a record quarterly core profit and gave upbeat 2021 forecasts, leaving behind the damage wrought by the COVID-19 pandemic. Shares in OVS rose 6% to 1.94 euros by 0938 GMT, after surging more than 10% on Wednesday. Italian broker Equita said in a note results for the three months through July were better than expected and the guidance above estimates, especially in terms of free cash flow. OVS guided for net sales of between 1.30 and 1.32 billion euros in the 2021 financial year ending Jan. 31, and adjusted core earnings of 120-135 million euros. It expects a cash generation of 65-80 million euros, according to slides published on the company’s website. (Reporting by Elisa Anzolin; editing by Valentina Za)