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Market Watch
Oct 19 - 25, 2001

Coach Reports 16 Percent Income Increase, Revises Forecast for Rest of Fiscal Year

NEW YORK, Oct 25, 2001/ --- Accessories retailer Coach Inc. today announced a 16 percent increase in income for the first quarter, but revised its targets for the balance of the fiscal year in the wake of the September 11 terrorist attacks. [more]

Emanuel Ungaro Appoints Ricardo Adamo as General Manager

PARIS, Oct 23, 2001/ --- The house of Emanuel Ungaro has appointed Ricardo Adamo as its General Manager. Adamo effectively succeeds Thierry Andretta, currently vice president of Gucci Group, who left Ungaro two years ago. [more]

PPR Makes First Payment to LVMH for Gucci

PARIS, Oct 22, 2001/ --- Pinault-Printemps-Redoute (PPR) has paid LVMH $806 million in cash for 8,579,337 shares in Gucci, the first concrete step in a three-stage agreement for LVMH to exit Gucci. [more]

Former Pinault Employees File Tax Complaint Against Billionaire

PARIS, Oct 20, 2001/ --- Former employees of Francois Pinault’s main operating company PPR have filed suit against the French billionaire for alleged non-payment of taxes. [more]

Levi Strauss Accuses Guess of Copying Designs, Again

NEW YORK, Oct 18, 2001/ --- Two of the country's most popular denim labels, Levi Strauss & Co and Guess Inc., are slugging it out in the courts over the design of their jeans and jackets. [more]

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