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Market Watch
Sep 7 - 10, 2001

Pinault and Arnault Make Peace in Gucci War

NEW YORK, Sep 10, 2001/ --- It's finally official: France's two richest men have reached a consenus in their two and a half year battle over Gucci. Francois Pinault, head of Pinault-Printemps-Redoute, will assume ownership of the Italian company, while LVMH chief Bernard Arnault will come away with a $684 million capital gain. [more]

J. Crew: Up & Down the Staircase

DALLAS, Sep 9, 2001/ FW/ --- Is the economy bouncing back or is it still on a freefall? J. Crew's August 2001 revenue results reflects the economy's "ping-pong like" indicators from different sectors. [more]

Burberry Vet Joins Banana Republic

NEW YORK, Sep 8, 2001/ --- Gap Inc. has named Deborah Lloyd senior vice president of product and design for Banana Republic. She will report to Banana Republic president Gary Muto. [more]

Gucci and LVMH Could Be On Brink of Peace

NEW YORK, Sep 7, 2001/ --- Is the war over? After two and a half years of bickering, Gucci and LVMH might be close to peace. Gucci's chief shareholder, Pinault-Printemps-Redoute, is in discussions with LVMH, which owns 20 percent of the Italian company, to resolve their differences. [more]

Asprey & Garrard To 'UnMerge'

DALLAS, Sep 6, 2001/ FW/ --- It's official, Asprey & Garrard is getting a 'divorce,' to use a phrase as the they officially announce their parting of ways. The two venerable UK brands merged three years ago, when its former owner Brunei prince Jefri Bolkiah decided to make it into a family affair in 1998. [more]

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