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GERMANY
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April 17, 2008
Jean-Marc Loubier, CEO of German fashion house Escada adjusts his glasses before the start of the company's...
Munich, Germany
Loubier, CEO of German fashion house Escada adjusts his glasses before the start of the company's annual...
Jean-Marc Loubier, CEO of German fashion house Escada adjusts his glasses before the start of the company's annual shareholder meeting in Munich April 17, 2008. Escada cut its fiscal full-year core earnings target this week, blaming further economic downturn in key markets and concern about recession in the United States, and private equity firm Apax dropped plans for a stake in Escada because of its recent share price rise and financial market weakness. REUTERS/Michael Dalder (GERMANY)
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