Consumer Confidence Index Declines Nine Points in February, Reports The Conference Board

DALLAS, Feb 24, 2004/ FW/ --- The U.S. economy suffered a big blow today as the Conference Board’s Consumer Confidence Index weakened significantly in February plummeting 9 points from 96.4 in January to 87.3 this month. [more]

Nordstrom Fourth Quarter Earnings Increase 74%

DALLAS, Feb 20, 2004/ FW/ --- The good times keep on rolling for Seattle-based Nordstrom as it reported yesterday that for the fourth quarter of 2003, the company’s net earnings was $104.3 million, or $0.74 per diluted share, compared to $60.0 million and $0.44, respectively last year. [more]

More Changes at Givenchy: Marco Gobbetti Appointed President and CEO of Givenchy Couture

PARIS, Feb 19, 2004/ FW/ --- Today, LVMH Moët Hennessy Louis Vuitton announced that Marco Gobbetti has been appointed President and CEO of Givenchy Couture, replacing Marianne Tesler, who has decided to pursue other career interests. [more]

Armani To Open Stores in China

MILAN, Feb 16, 2004/ FW/ --- The Armani Group announced this week that the company has signed a management agreement with House of Three for the opening of an Armani flagship store in a historic building on Shanghai’s Bund. [more]

Nordstrom January Same-Store Sales Increase 8.7%

DALLAS, Feb 5, 2004/ FW/ --- Nordstrom continues its strong performance in January with reported sales of $355.3 million compared to $313.2 million last year, an increase of 13.5%. Same-store sales increased 8.7 percent. [more]