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Kering aims to double Saint Laurent sales in medium term

PARIS (Reuters) -French luxury group Kering aims to double sales at its smaller, fast-growing fashion brand Yves Saint Laurent to 5 billion euros ($5.36 billion) in the medium term, it said in slides after the first day of an investor presentation on Wednesday.

UPDATE 2-Kering aims to double Saint Laurent sales in medium term

French luxury group Kering aims to double sales at its smaller, fast-growing fashion brand Yves Saint Laurent to 5 billion euros ($5.36 billion) in the medium term, it said in slides after the first day of an investor presentation on Wednesday. Analysts said the target would likely prompt an increase in consensus estimates, with Citigroup noting it could be reached in 2026 or the following year, while current consensus expectations are for 3.9 billion euros in sales in

Putin says 'Thank God' some foreign companies have left Russia

LONDON (Reuters) -President Vladimir Putin said on Thursday that he was glad some foreign companies had left Russia because home-grown businesses could take their place, and he warned the West that Moscow would still find ways to acquire advanced technology and luxury goods.

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