Groupe Galeries Lafayette - Company Profile
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Groupe Galeries Lafayette (Galeries) is a department store and specialty retail store chain operator, based in France. Diverse business operations, store network in France and brand associations are the company’s main strengths, whereas limited international presence remains the major area of concern. Private labels gaining momentum, apparel retail market in Europe and positive outlook for e-retail market in Europe are likely to provide growth opportunities to the company. However, intense competition, changes in fashion trends and counterfeit goods market could affect the company’s growth.
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