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Market Watch
Nov 22 - 29, 2001

YSL NY Doubles Sales Post September 11

NEW YORK, Nov 29, 2001/ --- Sales at French fashion house Yves Saint Laurent’s New York store have more than doubled since the September 11 terrorist attacks, according to Gucci Group NV CEO Domenico de Sole. [more]

LVMH Buys Out Prada's Share of Fendi for $263 Million

NEW YORK, Nov 29, 2001/ --- French luxury goods group LVMH Moet Hennessy Louis Vuitton has agreed to buy out Prada’s 25.5 percent stake in Fendi for about $263 million in cash. [more]

Jil Sander Rumored to be on the Block

PARIS, Nov 29, 2001/ --- Rumors are circulating in Europe that Prada is considering selling off the Jil Sander fashion house, in what would be the latest fire sale by the financially squeezed Milan luxury group. [more]

Wachner Out at Warnaco

NEW YORK, Nov 21, 2001/ --- Linda Wachner has been ousted from Warnaco, five months after the company filed Chapter 11. Last June, the bra and swimwear manufacturer declared bankruptcy, citing a general economic downturn, weakening retail environment and its debt obligations. [more]

Levi's Victorious in Battle With British Supermarket Chain

NEW YORK, Nov 21, 2001/ --- Levi Strauss's legal battle with British supermarket chain Tesco is over, and the jeans giant is victorious. The European Court of Justice in Luxembourg has ruled that Levi Strauss has the right to limit imports of its denim products from outside the European Union. [more]

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