GALERIES LAFAYETTE GROUP SALES EKE OUT A GAIN FOR NINE MONTHS
PARIS — Pretax consolidated sales for the Galeries Lafayette retail group in the first nine months were virtually flat at $3.9 billion (20.3 billion francs) at current exchange rates, according to figures reported to the government.
A year earlier, the firm posted sales of 20.2 billion francs.
Retail sales for the latest nine months were down slightly to $3.4 billion (17.7 billion francs) from 17.9 billion francs last year. The remaining volume came from wholesale sales to franchised stores, and services.