Retailers Seeing Green as Shoppers Plan to Spend $800 Each on Holidays, Says NRF

WASHINGTON, DC, Oct 18, 2006/ --- With the average shopper expected to spend nearly $800 this year on holiday merchandise, retailers may be jingling all the way…to the bank. [more]

Ethnic Spending on Hair, Beauty, and Cosmetics Tops $8.4 Billion Says Packaged Facts

DALLAS, Oct 17, 2006/ FW/ --- It might just be a shampoo, conditioner or hair spray, the normal arsenal of good grooming for men and women, but it has become a multi-billion dollar business with ethnic hair care topping $8.4 billion by year’s end according to the latest market research from Packaged Fact. [more]

Louis Vuitton Posts Double-Digit Growth for Third Quarter

PARIS, Oct 17, 2006/ FW/ --- Posting its financial statement today, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury group reported revenues of EUR 10.6 billion, achieving an organic growth of 11% compared to the same period last year. [more]

Donatella Versace Visits China

DALLAS, Oct 16, 2006/ FW/ --- After presenting a successful Spring 2007 womenswear collection in Milan, Donatella Versace visits the Far East to share the company’s vision on building Versace as the leading Italian luxury lifestyle icon for the region. [more]

Spurred by Clothing and Sporting Goods, September Retail Sales Rise 6.3%, Says NRF

WASHINGTON, DC, Oct 13, 2006/ --- Shoppers around the country breathed a collective sigh of relief as gas prices fell last month, spurring growth in traditional retail sales categories. [more]