TEXT-S&P rpt:Luxury goods firms lustre may fade,not vanish in 2013

Newswire

(The following statement was released by the rating agency) Dec 20 - Luxury goods manufacturers won't retain the immunity from tough global economic conditions they've enjoyed for the past two years in 2013, but they'll still grow and hang on to their decent credit metrics, said Standard & Poor's Ratings Services today in the report: "The Luxury Goods Industry's Lustre Will Fade But Not Disappear In 2013". The French luxury goods manufacturers LVMH Moet ...

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