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“In terms of the full year, the cut is not as bad as it looks at first sight as it is being driven by lower interest income.”
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“The reason companies want to go public now is that (luxury good stocks) are at record high valuations.”
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“In the long term, there are many factors that will help the luxury market, the creation of new wealth and the Asian tourist boom.”
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“I think the challenge in transforming an industrial brand into a luxury brand should not be underestimated.”
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“Brian Blake appears to us to have the perfect background from his 17 years at Gucci in product areas where Burberry is still relatively weak, that is accessories and watches.”
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“Any luxury company is susceptible to a slowdown in the U.S. or Japan. The macro issues are really more important for a luxury company.”
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