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Market Watch
May 28 - Aug 27, 2004

David Chu Leaves Nautica, Denise Seegal Named New Nautica President & CEO

DALLAS, Aug 22, 2004/ FW/ --- David Chu, founder and designer of Nautica resigned from the company and Denise V. Seegal, formerly of Sweetface Fashion has been named President and CEO of Nautica, VF Corporation said in an announcement last Friday. [more]

Tommy Hilfiger Slims Down New York Operations

DALLAS, Aug 19, 2004/ FW/ --- In a statement last Tuesday, the Tommy Hilfiger Corporation announced that it is consolidating its New York operations into two key locations, the current company headquarters at 25 West 39th Street and at the historic Starett-Lehigh Building. [more]

Christian Dior Posts Organic 19% Growth for 2Q, 14.3% Growth for First Half of 2004

DALLAS, Jul 31, 2004/ FW/ --- Christian Dior continues its positive financial performance reporting €274 million sales for the second quarter of 2004, representing an increase of 20% at constant exchange rates and 16% at current exchange rates. [more]

It’s About Time! Watches & Jewelry Delivers 32% Organic Growth for LVMH for the First Half of 2004

DALLAS, Jul 29, 2004/ FW/ --- The global downturn on luxury watches and jewelry is over with LVMH posting a 32% organic growth on its watches and jewelry division for the first half of the year. The world’s leading luxury conglomerate announced last week its first half earnings for 2004, posting an overall 14% organic sales growth. [more]

Consumer Confidence Sharply Increases While Investor Confidence Declines Modestly in July

DALLAS, Jul 27, 2004/ FW/ --- July is turning out to be good news / not so good news month in Wall Street, with the Conference Board reporting that consumer confidence, one of the leading economic indicators which increased sharply in June, posted further gains in July while State Street Associates, reported that investor confidence declined by 1.2 points [more]

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