FRANCE: Etam H1 Turnover Slides To EUR509m
Women's clothing and intimate apparel company Etam Development on Tuesday posted a sharp fall in first half turnover to 509 million euros from 530 million euros last year. The firm, whose key markets are France, Belgium and the UK, cited foreign exchange fluctuations for the fall as on a currency neutral basis, turnover would have risen 1.5 per cent year-on-year.