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Switzerland's Richemont in bid for Net-a-Porter 14-03-2010
Swiss group Richemont has made a bid approach for the luxury clothes online retailer Net-a-Porter, British newspapers said. |
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US Trade Representative Kirk opposes bill to cut shoe import tax 14-03-2010
The top U.S. trade official said he opposed a bill to eliminate import taxes on shoes and other footwear because it would benefit another country too much. |
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Shoppers leave Wal-Mart as economy improves 14-03-2010
As the U.S. economy improves, more of the shoppers who flocked to Wal-Mart to save money during the recession are moving back to the stores they frequented before, a new survey showed. |
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Low Zale credit card sales may end Citi deal early 14-03-2010
Jewelry store operator Zale Corp is mulling whether to pay Citigroup Inc a $6 million penalty for low sales made through the credit cards it issues, or face the early end of an arrangement that finances about 40 percent of its U.S. sales. |
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Fashion house Tom Tailor aims to cut debt with IPO 14-03-2010
German fashion house Tom Tailor plans to float its shares on the Frankfurt stock market in two weeks' time as it aims to raise about 140 million euros ($193 million), mainly to pay down debt. |
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European retail M&A flickering back into life 14-03-2010
Europe's retail sector is set for a pick-up in takeover activity, despite a weak consumer outlook, as groups that restructured in the recession turn their focus to growth and confidence returns to private equity firms. |
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Fendi wins counterfeits injunction against Filene's 14-03-2010
The Italian fashion house Fendi won a court victory when a Manhattan federal judge ordered Filene's Basement to stop selling handbags and other goods bearing the Fendi name or trademark without permission. |
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LVMH watch boss not ruling out acquisitions 14-03-2010
LVMH is not ruling out acquisitions in the watch sector and is confident of returning to profitable growth, the head of the French luxury group's watch and jewellery unit told a Swiss magazine. |
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SuperGroup targets super growth 14-03-2010
The head of SuperGroup, the company behind the Superdry fashion brand worn by celebrities such as David Beckham and Zac Efron, has big ambitions to make it a global player. |
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AnnTaylor posts surprise quarterly profit 14-03-2010
Women's clothing retailer AnnTaylor Stores Corp reported a surprise quarterly profit, helped by tight inventory management and improved merchandise. |
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Hibbett fourth quarter profit tops market view 14-03-2010
Hibbett Sports Inc reported quarterly results that sailed past Wall Street estimates as it benefited from strong sales of cold-weather gear and championship victories by football teams in the retailer's key markets. |
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Opening up India retail? Don't hold your breath 14-03-2010
Plans by Carrefour to open its first cash-and-carry outlets in India are a sign of optimism in the country's $450 billion retail sector, but foreign investors and some officials want more - an easing of the country's tough investment rules. |
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UK department store Liberty in takeover talks 14-03-2010
Liberty, owner of the iconic London department store, said it was in the early stages of takeover talks with suitors and that it continued to trade well in 2010. |
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Fashion TV rapped over bare breasts in India 14-03-2010
Fashion TV was to be pulled off the air in India after falling foul of obscenity laws by broadcasting bare-breasted models during a show last year, officials said. |
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Zumiez fourth quarter beats estimates; sees first quarter loss 14-03-2010
Zumiez Inc's quarterly profit beat market estimates but it forecast a first-quarter loss, sending its shares down 9 percent after the bell. |
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Quiksilver first quarter results tops Street view, shares rise 14-03-2010
Apparel retailer Quiksilver Inc posted an narrower-than-expected first-quarter loss, helped by lower expenses, and forecast a profit in low single digits per share for the second quarter. |
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Ulta Salon fourth quarter results beat Street view 14-03-2010
Ulta Salon, Cosmetics & Fragrance Inc posted a better-than-expected quarterly profit, helped by improved merchandise margins and tighter cost controls, and forecast first-quarter earnings above Wall Street view. |
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Aeropostale net profit up 44 percent, shares rise 14-03-2010
Teen retailer Aeropostale Inc posted a sharply higher quarterly net profit on strong holiday sales, sending its shares up 5 percent. |
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PacSun fourth quarter tops Street, weak first quarter view drags on shares 14-03-2010
Teen-clothing retailer Pacific Sunwear of California Inc posted a smaller-than-expected fourth-quarter loss, but forecast a weak first quarter, sending its shares down 9 percent after the bell. |
