Apparel
Luxury fashion soars for PPR
The demand for luxury goods has not been affected by economic downturn, if the latest financial figures from French luxury group PPR are anything to go by. The company saw profits soar by 24% in 2010, seeing revenue up 7.5% to €14.6 billion. In plain terms, this translates into double digit margins and strong sales of its fashion and jewellery...
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