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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Johnny Canuck who wrote (47864)	5/3/2012 2:00:15 AM
From: Johnny Canuck	Read Replies (1) of 69233

Interesting the divergence between the Indian experience and the China experience in regards to luxury brands. It may indicate the difference in the pace of economic development or a culutral diference >>>>>>>>>>>>>>>>>>>>>>> DLF to exit luxury brands business, to focus on premium and bridge-to-luxury brands Ravi Teja Sharma, ET Bureau May 2, 2012, 04.02AM IST Tags: Salvatore Ferragamo\| real estate\| Mothercare\| Mango\| Giorgio Armani\| DLF NEW DELHI: Less than a fortnight after ending its joint venture with Giorgio Armani, DLF said it is in the process of breaking its partnership with another Italian luxury brand Salvatore Ferragamo as part of a move to exit luxury brands business. "Luxury is a futuristic business in India at the moment and does not have scale," DLF Brands Chief Executive Officer Dipak Agarwal says.

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