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Market Watch
Jan 9 - Feb 15, 2006
BCBG Max Azria Group and Guggenheim Win G+G Bidding
DALLAS, Feb 15, 2006 / --- BCBG Max Azria follows one success after another. After presenting a winning Max Azria Collection for Fall 2006 during the New York season, the BCBG Max Azria Group announced that Max Rave LLC, an entity owned by BCBG and Guggenheim Corporate Funding LLC (GCF), has emerged as the successful bidder in the auction for the assets of G+G Retail, Inc.
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Retailers Start New Year with a Bang, According to National Retail Federation
WASHINGTON, DC, Feb 14, 2006 / – The holiday season extended into January for many retailers, as consumers flooded the stores with gift cards in-hand ready to take advantage of clearance sales. According to the National Retail Federation (NRF), retail industry sales for January (which exclude automobiles, gas stations, and restaurants) increased a solid 7.6 % over last year and rose 2.0 %seasonally adjusted over December.
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Haggar Names Stephen Croncota Chief Marketing Officer
DALLAS, Feb 2, 2006/ --- Haggar Clothing Co. announced today the appointment of Stephen Croncota to Chief Marketing Officer, effective immediately. In this role, Croncota will oversee all marketing communications, promotions, public relations, licensing and online. Croncota will report to President and Chief Executive Officer Jim Lewis.
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Nike CEO William D. Perez Resigns; Mark Parker Named New CEO
DALLAS, Jan 23, 2006/ FW/ --- Was it only two weeks ago when Fortune Magazine ranked Nike as one of the '100 Best Companies to Work For' with benefits like paid sabbaticals for employees, on-site childcare center and a 51-49 ratio among men and women in its workforce? But the view from the top might be different.
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Executive Appointments Announced By Kellwood and Kenneth Cole
LOS ANGELES, Jan 11, 2006/ FW/ --- In separate statements, Kellwood and Kenneth Cole announced key appointments in their respective companies. Patrick J. Burns named Kellwood vice president of Strategic Planning and New Business Development.
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Online Shopping Posts Record Annual Sales of $143 Billion, comScore Networks
DALLAS, Jan 9, 2006/ FW/ --- The internet is changing the way Americans shop as e-commerce reached record annual sales of $143 billion for 2005, according to a report released last week by comScore Networks.
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