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Market Watch
Oct 11 - 12, 2001
New Players and New Roles at the Polo Team
NEW YORK, Oct 12, 2001/ FW/ --- Polo Ralph Lauren's Factory Store Concepts has a new Division President. James Gundell, former President of Retail for New York's Museum of Modern Art (MoMA) and Vice President of Bloomingdales is now the Divisional President of Factory Store Concepts (FSC) of Polo Ralph Lauren.
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New CEO For Marzotto
NEW YORK, Oct 11, 2001/ --- Silvano Storer, the chief executive of Italian fashion and textile group Marzotto SpA, has stepped down from his position for personal reasons, the company announced today, and has been replaced by Antonio Favrin.
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J. Crew Group Announces September 2001 Revenue Results
NEW YORK, Oct 11, 2001/ --- J. Crew Group, Inc. today announced that revenues for the five weeks ended October 6, 2001 decreased 8% to $66.1 million compared to $72.1 million for the five weeks ended September 30, 2000.
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Spiegel Group Online Sales Rise 27%
DALLAS, Oct 11, 2001/ FW/ -- Spiegel, leading intertional specialty retailer announced that their e-commerce channel posted a 27% increase in sales for the month of September.
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GUS Sticks by Plans to Float Burberry in June 2002
LONDON, Oct 11, 2001/ --- The UK's Great Universal Stores (GUS) is determined to move forward with its planned floatation of luxury brand Burberry, despite its admission that sales have been affected by the terror attacks.
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