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Fnac denies UK launch plan

The French chain of cultural product stores FNAC has denied a report in the Independent that it was looking for a site in London to establish a store of about 50,000 sq ft.

A spokesperson at the chain's head office in Paris said "we have no concrete project" to develop in the UK. But the group continued to monitor different markets with an eye to expansion potential, she added.

The FNAC now has 131 stores, including 77 in France and 54 in seven other countries—Belgium, Brazil, Spain, Italy, Portugal, Greece and Switzerland.

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