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Market Watch
Apr 20 - May 4, 2006
Wal-Mart Reports 13.7% Increase in Sales for April; Target Does Better With 17.3%
DALLAS, May 4, 2006 / FW/ --- As April sales reports roll out, discounters raked it in during the Easter season as giant retailer Wal-Mart reports 13.7% increase in sales for April and fashion-forward Target files 17.3%.
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Kenneth Cole Reports Lower Revenues for First Quarter 2006
DALLAS, Apr 27, 2006 / --- Due to a slower than anticipated start-up of a new third-party distribution center that shifted approximately $7 million of shipments from March into April, Kenneth Cole Productions reported a 5.6% decrease in revenue for the first quarter of 2006 posting $122.6 million on its financial statement released today.
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Luxottica Reports 40.3% Increase in Operating Income for First Quarter 2006
MILAN, Apr 27, 2006 / --- The eyewear business must be booming with Luxottica Group S.p.A., a global leader in eyewear announcing today that its operating incomes increased 40.3% with twice the growth in sales compared to last year.
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Tiffany & Co. Launches New Website in China
NEW YORK, Apr 26, 2006/ --- You’ve been to www.tiffany.com. How about visiting, www.tiffany.cn?
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LVMH Reports 15% Increase in Revenue For First Quarter of 2006
PARIS, Apr 20, 2006 / --- Reporting revenues of 3.6 billion euros for the first quarter of 2006, LVMH Moët Hennessy Louis Vuitton achieved a 15% growth compared to the same period last year, garnering an excellent start for the year.
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