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Galeries Lafayette to trial web shop

French retail group Galeries Lafayette is to launch a pilot transactional website for its department store business, after net profit rose 22% to 256 million (£202.4m) for the year to December 31.
The website will debut on April 21, selling more than 3,000 items including clothing and accessories. By September, the group said it will have implemented a three-hour delivery service in Paris and a 24-hour delivery service across Europe.

The Galeries Lafayette group, which also owns supermarket chain Monoprix, said sales rose 6.5% to 4.96 billion (£3.92bn) in 2007.
The group was boosted by retail expansion and market share gains across womenswear.

Galeries Lafayette’s department store business comprises 62 shops, with a flagship on Boulevard Haussmann in Paris.

The group has 524 stores. Some 34% of its sales come via the Galeries Lafayette chain, 9.5% of sales are generated by the Boulevard Haussmann store and 35% come via Monoprix.

The rest of its sales come from watch business Louis Pion-Royal Quartz and Laser, its card services provider firm.

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