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03/19/2010 Newsletter N°258
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Americans, Asians buy more Swiss watches in February
Demand for Swiss watches jumped in February as consumers in Asia and North America splurged on timepieces, adding to evidence that the industry is bouncing back.
Della Valle again boosts Saks stake
Italian businessman Diego Della Valle continued his shopping spree at Saks Inc in recent days, bringing his stake in the luxury U.S. department store chain to 9.4%.
Benetton says CEO to leave, proposes lower dividend
Benetton Group said its CEO would leave after nearly three years at the helm and said it would distribute a lower dividend as it confirmed a drop in yearly net profit.
Chloe - Autumn Winter 2010
2011 - Womenswear - Paris - Watch catwalk



Hugo Boss says not recalling any clothes in China
German fashion house Hugo Boss is not recalling any clothes in China after a Chinese province said it had seized some imported top-end clothing carrying labels of well-known luxury brands.
Guess posts bigger fourth quarter profit
Apparel brand Guess Inc posted an 81 percent rise in quarterly profit as margin improvements and cost controls helped the fashion house, and the company forecast first-quarter results mostly above estimates.
Casual Male fourth quarter profit beats market view
Casual Male Retail Group Inc swung to a fourth-quarter profit that beat market expectations, as the men's apparel retailer tightly managed costs and inventories to offset declining sales.
Shoe Carnival fourth quarter profit beats estimates, first quarter view strong
Shoe Carnival Inc reported a quarterly profit that beat analysts' estimates, mainly on strong demand at its boots and athletic footwear business, and forecast a strong first quarter.



Nike beats Street view, shares sprint higher
Nike Inc posted a return to sales and profit growth and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent.
Li Ning says January and February store sales up, third quarter orders grows
Chinese sportswear brand Li Ning Co Ltd said its same stores sales grew 6.5 percent in first two months of 2010 and it aims to achieve 10 percent growth for whole of 2010 as the sports goods industry continues to recover.



Global trend release by WGSN & Pantone at leather fashion platform
As a leading fashion platform in Asia, Dongguan China Shoes & China Bags will deliver spring-summer 2011 global trends covering style, color and materials in the industry and showcase the latest products from about 500 suppliers.



Stein Mart fourth quarter results top estimates; shares rise
Discount retailer Stein Mart Inc posted an adjusted quarterly profit that beat analysts' estimates on lower costs, sending its shares up 13 percent.
Aeon sees profit recovery in second half of 2009/10
Aeon Co Ltd, Japan's second-largest retailer, said it is likely to post an operating profit of 128.8 billion yen for the year ended in February, beating market expectations thanks to a sharp recovery in the second half.



Kao raises group operating profit outlook
Kao Corp, Japan's largest maker of toiletries, expects its group operating profit to decline 7 percent for the year ending March 31, but better than prior expectations due to margin improvement, the Nikkei business daily reported.



Carlin International : SS 2010 Interiors Trends - The Universal Home
Laure Malherbe, « Interiors » stylist and Catherine Rouget, Marketing Project Head for the Carlin International Group, reveal the major direction for Spring-Summer 2010.



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