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News briefs

Luxury automakers, John Varvatos and Prada – News briefs

July 11, 2011

 

mercedes-nyt-ad-185Today in luxury marketing:

Luxury automakers post record sales

Luxury-car makers posted record sales in the first half of the year and expect growth to continue in coming months, fueled by booming demand in emerging markets, but after the sector's stellar performance in 2009 and 2010 investors are taking a more cautious approach to the stocks amid fears that profit margins may have peaked, according to MarketWatch.

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