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Tough trading conditions for Specialty Fashion Group
30 Aug '11
3 min read
The Group's trading continues to be impacted by macroeconomic uncertainties, most recently by the worsening international debt situation. Mr Perlstein said, “We expect the continuation of tough trading through the first half. The inflationary impact of higher cotton prices has eased somewhat, which may have a positive impact on product manufacturing costs in the second half of the year. We will manage closely our operating costs, whilst continuing to expand La Senza and our multi-channel offering.”
Specialty Fashion Group
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