Analyst Research Report Snapshot

Title:

FASHION B AIR - NOT IN VOGUE

Price:

$10.00

Provider:

Edison Investment Research

Date:

21 Jun 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

FBAP.PA

Available for Immediate Download
Summary:

In a very difficult consumer and retail environment in France (Mintel reported its lowest ever retail PMI in France in March at 40.1), Fashion Bel Air’s decision to reverse its strategy of retail expansion and focus on its cost structure looks sensible. However, with the shares up 30% ytd versus the CAC up 5.5% we would not be investing here.

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