Better news from China!

Fully report published today
News published on December Wednesday 12, 2012
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After the clear slowdown in the Luxury market in Asia-Pacific in Q3, encouraging macro-economic signs coming from China have prompted us to become more positive for 2013 and increase our sales and EBIT margin estimates for a number of groups in the sector.

For all of the groups in our sample, we have now based our DCF valuations on 2013 figures.

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