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This article was originally published in The Rose Sheet

Executive Summary

Italian fragrance chain, Carmen, acquired as part of LVMH division's strategy to strengthen its position in the country, the company says July 28. Carmen operates 27 stores in central and southern Italy and expects to report sales of $26.1 mil. (28 mil. Euro) in 2000. Sephora has a 10% hold in the Italian market; the retailer purchased the Laguna and Boidi chains earlier this year (1"The Rose Sheet" Feb. 28, In Brief)

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