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Luxury demand unaffected by financial turmoil - PPR

Thu Jan 24, 2008 9:43am EST

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PARIS, Jan 24 (Reuters) - Demand for luxury goods in the fourth quarter "has definitely not been affected by financial and economic turmoil", PPR (PRTP.PA) Chief Financial Officer Jean-Francois Palus said in a conference call on Thursday.

Palus added he expected a "healthy environment for luxury goods in 2008" and the group would be "better prepared than ever" to cope with currency fluctuations.

PPR owns luxury Gucci Group. (Reporting by Rachel Sanderson)



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