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Luxury accessories/ growth’s engines are out of order

The end of the “bag mania”, vector of monogrammed profit and communication preceded, few months before, the vertiginous fall of the sales of luxury glasses. The SAFILO Group saw its profits collapsing by 70% In 2088. The rough fall of sales of accessories predicts a very disturbing second half 2009 for the shareholders of the main luxury Groups.

© Gérald Cohen – April 2009

 

Posted on: Tuesday 6 December 2011   Comments 0

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