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They're right, in the fact that the euro & pound, being so much stronger than the dollar, has a huge impact on expenditure & sales...what they all seem to forget mind, is that their beloved Prada & Gucci are sub-contracted to slave-labour factories. it's going to be a very slow & profressive transition...but multi-label progressive/avant-garde stores, such as Seven are slowly expanding their inventory each season, with similar stores popping up in other mature cities. patience...
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