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INTRODUCTION EPoS 90 took place in September in the Victorian splendour of Alexandra Palace against a background which, it might be argued, was hardly propitious. Quite apart from the Gulf crisis, the economic situation was uncertain to say the least. The past year had seen some of the major high street names of the 1980s running into difficulties — Lowndes Queensway, Sock Shop, Next, Laura Ashley — and the final figures for retail sales in August showed a 2 per cent fall in the volume of business during the month, and a 1 per cent fall over the quarter.

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