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Market Watch
Mar 1 - 14, 2006
Affluent African Americans Becomes The Latest Untapped Market
DALLAS, Mar 14, 2006 / --- Was it a prescience of fashion designers, or just a coincidence? New York-based designer Zang Toi for his Spring 2006 collection (now available in stores) starred several African American models for his ‘Homage To Africa’ collection, and in Paris during the Fall 2006 pręt-a-porter season, Vivienne Westwood and Issey Miyake by Naoki Takizawa also placed black models front and center.
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Cooler Weather Puts A Chill Into Retail Sales Monthly Comparisons, According to NRF
WASHINGTON, DC, Mar 14, 2006 / – While month-to-month comparisons were tough on retailers, the cooler weather did not hamper year-over-year gains. According to the National Retail Federation (NRF), retail industry sales for February (which exclude automobiles, gas stations, and restaurants) rose a solid 7.2 % over last year and decreased 0.4 percent seasonally adjusted over January.
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From Visual Merchandiser To Fashion Director, Neiman Marcus Names Ken Downing Senior Vice President
DALLAS, Mar 13, 2006 / --- There is a definitive career path for Visual Merchandisers and Neiman Marcus’ Ken Downing is living proof with his promotion as Senior Vice President, Fashion Director of Neiman Marcus, the nation’s leading purveyor of luxury goods.
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Retailers See Customer Centricity as Top Priority, According to NRF Survey
WASHINGTON, DC, Mar 8, 2006 / – The latest Customer Centricity Study, conducted by Ogden Associates for the NRF Foundation, shows just how important the customer really is to retailers. Among the findings, more and more retailers are utilizing customer data (customer insight) to improve marketing programs and merchandise offerings – a fundamental yet often elusive goal of retailers’ customer relationship management (CRM) programs.
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Revlon Posts 39% Increase in Net Earnings for Fourth Quarter
LOS ANGELES, Mar 1, 2006/ --- Revlon roll out of two new strategic brand initiatives during the fourth quarter of 2005 turned out to be very successful, helping to increase its net earnings for the period to $64 million, a 39% increase from $46 million in the fourth quarter of 2004.
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