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Market Watch
Jul 28 - 31, 2001

Leather Giant Gucci Acquires Italian Tannery

NEW YORK, Jul 31, 2001/ --- Guccio Gucci opened his first leather goods shop in Italy in 1920. Today, the company that built an empire on leather luggage and accessories has its very own tannery. [more]

Tommy Hilfiger Profits on Track For 1Q

NEW YORK, Jul 31, 2001/ FW/ --- Tommy Hilfiger reported today that net revenue for the first quarter was $355.7 million compared to $399.9 million last year. Net income was $9.0 million versus $9.7 million, represeing a 7% drop in profit. [more]

Fossil Jeans Move In at SoHo

NEW YORK, Jul 31, 2001/ --- New York's SoHo district has a new tenant, Fossil Jeans Wear. The store whic is located at 541 Broadway (Broadway and Spring) brings to a total of 18 Fossil Jeans Wear location in North America. [more]

NRF Survey Shows Back-to-School Shopping Is for Kids, By Kids

WASHINGTON, DC, Jul 30, 2001/ --- Children and teenagers' growing brand consciousness and shopping savvy gives them clout with their parents when it comes to most back-to-school shopping decisions, according to a just-released National Retail Federation (NRF) survey. [more]

Bulgari Sales Up 32 Percent

NEW YORK, Jul 30, 2001/ --- Despite only measured growth in the U.S., Rome-based luxury jewelry and watch retailer Bulgari S.p.A. said Monday that its sales in the first half of 2001 jumped 32 percent to around $315 million. [more]

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