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News briefs

Kering, Mercedes-Benz, luxury stocks and China – News briefs

October 22, 2013

 

Today in luxury marketing:

Kering ready to inject $411M in La Redoute-sources
French luxury group Kering is ready to inject at least $411 million into its La Redoute unit as part of efforts to find a buyer for the loss-making mail order business, two sources close to the matter said, Reuters reports.

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