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Old 13th May 2020, 20:32
  #458 (permalink)  
Skipness One Foxtrot
 
Join Date: Dec 2011
Location: London
Age: 42
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Originally Posted by WhatTheDeuce
The licensing fee for the Virgin brand was designed to move profits from VS to a Virgin group company off-shore with zero tax.
So actually VS are more viable and commercially effective without the self imposed restraint of the group licensing agreement. So not beyond saving for all those wanting so many good people out of work!
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