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Quote of the Week

"By virtue of becoming a part of groups like Prada, Gucci and [LVMH], these smaller brands stayed alive. If these groups weren't there to sustain them, they would have disappeared." <BR><BR><STRONG>— Patrizio Bertelli, chief executive officer,...

“By virtue of becoming a part of groups like Prada, Gucci and [LVMH], these smaller brands stayed alive. If these groups weren’t there to sustain them, they would have disappeared.”

— Patrizio Bertelli, chief executive officer, Prada

This story first appeared in the May 13, 2005 issue of WWD.  Subscribe Today.