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How to make money out of Goldman Sachs bankers’ favourite shoes

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It is a known fact that Goldman bankers like to wear Salvatore Ferragamo loafers (cost, around £309). Yesterday, the Salvatore Ferragamo Group announced its results for the first nine months of 2013.  Revenues rose 10% year-on-year. Group net profit rose 61%.

Nomura analysts have traced the recent progress of Salvatore Ferragamo’s share price. They think it could increase another 17%.

Ferragamo shares

Ferragamo shares

 


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