|
 |
Market Watch
May 15 - 22, 2007
Good News For Grads: 1 out of 3 Americans Will Purchase At Least One Graduation Gift
WASHINGTON DC, May 22, 2007 / --- Consumers are ready to shower their grads with gifts. According to a BIGResearch survey for the National Retail Federation, Americans will spend approximately $4.5 billion on graduation gifts this year.
[more]
Versace/TAG Aircraft Interiors Lands First Interior Design Project for Airbus A319 Corporate Jet
DALLAS, May 21, 2007/ --- During the 29th International Furniture Expo in Milan, Giancarlo Di Risio, CEO of Versace said, ‘I believe that today, lifestyle is important. It is no longer [just] expressed with handbags or shoes. You express this with your travels, with your car or helicopter [or private plane]. You express it in 360 degrees.’
[more]
LVMH Acquires Majority Stake in Chinese Distillery Business
PARIS, May 19, 2007/ --- Wednesday, LVMH announced that its wines and spirits division Moet Hennessy has acquired 55% equity investments in Wen Ju Distillery, one of China’s premium white spirit companies.
[more]
PPR On The Verge of Acquiring 100% of PUMA
PARIS, May 18, 2007, 2007/ --- As announced last month after PPR acquired 27.1% of PUMA share, the French conglomerate is readying its bid to purchase the remaining PUMA shares for 5.3 billion euros.
[more]
Stella McCartney Signs Long Term Distribution Agreement For Asia with Lane Crawford Joyce Group
DALLAS, May 16, 2007 / FW/ --- Stella McCartney will soon be available in Asia as the London-based designer signed a long term agreement with Lane Crawford Joyce Group for exclusive distribution rights to the Stella McCartney brand in China, Taiwan, Hong Kong, Macao, Singapore, Thailand, Malaysia and Indonesia.
[more]
|
 |
|