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Market Watch
May 23 - 24, 2001

Travel Outlook: Summer Vacation Travel Modified but Consumer Spending Patterns Remain Strong

RALEIGH, NC, May 24, 2001/ --- Rising gas prices and a softening economy are on the minds of summer travelers, but are not expected to alter significantly the summer vacation plans of most Americans according to a survey conducted by the Travel Industry Association of America (TIA). [more]

Tommy Hilfiger Meets Estimates For 4Q and Year End Earnings

NEW YORK, May 24, 2001/ FW/ --- Returning to Tommy Hilfiger's classic design and styling has its rewards. Tommy Hilfiger Corporation reported today that the company achieved its goals for the fourth quarter and Fiscal 2001 objectives. [more]

Polo Ralph Lauren Reports Record 4Q Earnings

NEW YORK, May 23, 2001/ --- Polo Ralph Lauren Corporation (NYSE: RL) today reported earnings per diluted share of $0.44 cents on net income of $43.1 million, excluding restructuring, special charges and foreign currency gains, for the fourth quarter ended March 31, 2001, compared to earnings per diluted share of $0.32 cents on net income of $31.8 million for the same period of the prior year. [more]

Gucci Group Pays Out $0.50 per share on Dividends

AMSTERDAM, Netherlands, May 23, 2001/ --- Gucci Group N.V. announced today that it will hold its Annual General Meeting of Shareholders on June 20, 2001 at 10:00 a.m. at the Amstel Intercontinental Hotel, Professor Tulpplein No. 1, 1018 GX Amsterdam, The Netherlands. [more]

Neiman Marcus Group Reports Decline in Revenue

DALLAS, May 23, 2001/ --- The Neiman Marcus Group, Inc. (NYSE:NMG.A, NMG.B) today reported diluted earnings per share of $0.80 on total revenues of $681.5 million in the third quarter of fiscal 2001. [more]

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