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Letter "P" » Philip Manduca Quotes
«We have been far too optimistic on the retail sector and the consumer.»
«They've been quite arrogant in terms of thinking they can resist the slowdown in the biggest economy in the world and they've been wrong and that's a very worrying aspect.»
«There is more integration to come in Europe. Costs are going up and increasing market share is seen as the only way to grow.»

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