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Market Watch
Aug 4 - 14, 2006
Online Experience Expert Kelly Mooney to Explore ‘Digital Millennials’ at Shop.org Annual Summit
WASHINGTON, DC, Aug 14, 2006 / --- In today’s electronically connected world, a different type of generation leads the pack--the type that spends more time with the Internet than they do the television.
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July Retail Sales Bounce Back Strong; Early Back-to-School Promotions Pay Off For Retailers
WASHINGTON, DC, Aug 11, 2006 / --- According to the National Retail Federation (NRF), retail industry sales for July (which exclude automobiles, gas stations, and restaurants) rose 6.2 percent unadjusted over last year and increased 0.6 percent seasonally adjusted from June.
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Polo Ralph Lauren Makes Luxury A Necessity
DALLAS, Aug 8, 2006/ FW/ --- Last month, Research & Markets, a marketing study group listed Polo Ralph Lauren as one of the fastest growing companies, with growth of at least 18% or higher. Today, the Polo Ralph Lauren reported a 66% increase in operating income and a 54% increase in its earnings per share for the first quarter of fiscal year 2007.
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Gucci Remains Italy’s Top Fashion Brand as Gucci Group Posted 20% Increase in Sales for First Half of 2006
DALLAS, Aug 8, 2006/ FW/ --- Gucci enters the Spring 2007 womenswear season with a high note. Business Week just listed is as the top brand in Italy, ranking #46 in the 100 Best Global Brands. And last week, the Gucci Group posted to €1.623 billion, or $2.045 billion sales, a 20.3% rise compared to the same period last year.
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Discounters Score Big In July
DALLAS, Aug 3, 2006 / FW/ --- With giant Wal-mart, the world’s biggest retailer posting $16.543 billion in sales for July, a 8.4% increase from $15.260 billion during the same period last year, it is good news for everyone because that means the retail sector is doing well.
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