高盛：2006年圣诞节的零售业务 （英文）

（27页） 2006.12 December 2006

General Retail Christmas Outlook 2006

The Goldman Sachs Group, Inc.

We downgraded the UK non-food retail sector to Cautious in October owing to high valuations and as our main lead indicator for the sector is falling, as housing turnover laps tougher comparisons．．．．．．．．

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