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City retailer Ede & Ravenscroft sees sales rise

London City retailer Ede & Ravenscroft saw sales rise 4.3 percent to 37.3 million pounds last year. The company, which was founded in 1689, opened its first store on Aldwych. Pre-tax profits increased to 4.1 million pounds, proving the consumer spending squeeze troubling high street retailers does not necessarily extend into the world of luxury...

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