Macintosh Retail Group, the Dutch retail conglomerate that owns Brantano, Scapino and other shoe retail chains, has repurchased $4,649,000 worth of its own shares to cover outstanding stock options for its staff, completing the program ahead of its scheduled expiration date of Sept. 30. It had authorized ABN Amro Bank to carry out the program without exceeding 50 percent of the average daily trading volume in the previous 20 days. Separately, the group has announced its intention to sell GP Décors, a relatively small and loss-making French chain of products for home decoration. Macintosh said it considers the fashion and living sectors strategic, but prefers to acquire profitable operations.

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