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Recession takes its toll on Armani external link

Rate   Reuters | Thu, May 7

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Thu, May 7 Giorgio Armani's core profit fell 14.6 percent last year as the recession took its toll on the world of fashion. "There is no doubt that 2008 has been a difficult year for the fashion and luxury market," Armani, who is in his 70s, said in a statement ...

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Source:  Reuters
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