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January 27, 2006

PPR Grows On Lust For Luxury

French conglomerate PPR reported sales growth of nearly 4% for the fourth-quarter, thanks to a boost by its luxury brands.

The owner of such coveted labels as Gucci and Bottega Veneta reported sales of almost $6.5 billion for the quarter, although retail sales in general were down.

Posted by Blacks on January 27, 2006 08:36 AM

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