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Download the file. - Groupe SEB

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CORPORATE AND SUSTAINABLE DEVELOPMENT REPORT 2007<br />

Better living all around <strong>the</strong> world<br />

<strong>Groupe</strong> <strong>SEB</strong> has built strong market positions all around <strong>the</strong><br />

world by combining its determined drive for global expansion<br />

with a policy of proximity to <strong>the</strong> customer and respect for<br />

individuals. Pursuing a long-term business plan, it continues<br />

to ally consolidation in mature markets with rapid expansion<br />

in high-growth developing economies.<br />

STRONGHOLD POSITIONS<br />

MAINTAINED IN MATURE MARKETS<br />

In mature markets with <strong>the</strong>ir high level of equipment, demand is<br />

driven not only by product replacement. Shoppers are also drawn<br />

by <strong>the</strong> new concepts derived from our marketing partnerships and<br />

by upgraded ranges. Faced with an attractive added-value offer,<br />

consumers have become reticent about cheap products and<br />

are turning back to brands that guarantee quality. Specialist<br />

department stores with personal customer service are growing<br />

in popularity. Adapting to this trend, <strong>the</strong> Group has developed<br />

assortments of products that offer a real ‘plus’ which is immediately<br />

obvious and triggers <strong>the</strong> decision to buy.<br />

40

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