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Prada denies it wanted 'fat' managers sacked in Japan 03-16-2010
Italian fashion house Prada dismissed allegations by its former top retail manager in Japan that it had harassed her and asked her to fire "old, fat and ugly" managers. |
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Bulgari sees rising 2010 sales after fourth quarter loss 03-16-2010
Bulgari chief executive Francesco Trapani forecast rising sales in 2010 as luxury spending picks up helped by product launches, after the Italian jeweller posted its first full-year loss in 26 years. |
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Gem Diamonds swings to profit; sees prices up further 03-16-2010
Gem Diamonds Ltd swung to a profit in 2009 as confidence returned to the rough diamond market, and said it saw a further boost to rising prices due to a shortage of supply at the top end of the market. |
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Alibaba.com fourth quarter net profit up 49 percent, cautious on investing 03-16-2010
Alibaba.com, China's largest e-commerce company, posted a 49 percent rise in quarterly net profit as revenue growth accelerated on the back of strong customer additions. |
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DSW fourth quarter profit trails estimates 03-16-2010
Shoe retailer DSW Inc posted a quarterly profit that lagged analysts' estimates as higher costs offset strong sales. |
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Brenntag says cash flow sufficient to pay dividend 03-16-2010
Brenntag, the world's largest chemical distributor, aims to pay out up to 45 percent of its net income to shareholders after its initial public offering later this month, it said. |
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Cognis owners favour outright sale over IPO 03-16-2010
The owners of Cognis have launched a fresh campaign to sell the German maker of additives for cosmetics and detergents outright even as the firm prepares to go public, sources said. |
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Movado sees wider-than-expected loss; shares fall 03-16-2010
Movado Group Inc forecast a wider-than-expected fourth-quarter loss as retailers tightened inventory control, sending the watchmaker's shares down 9 percent in trading after the bell. |
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Moody's, S&P may cut Phillips-Van Heusen ratings 03-16-2010
Moody's Investors Service and Standard & Poor's said they may cut their ratings on Phillips-Van Heusen, citing debt the apparel company will take on to fund its planned acquisition of fashion brand Tommy Hilfiger. |
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Limited Brands to pay special dividend, shares rise 03-16-2010
Limited Brands Inc's board approved a $1 special dividend for its shareholders, and said it will buy back $200 million shares, sending the mall-based retailer's shares up 4 percent in trading after the bell. |
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Carter's wins lawsuit alleging it inflates prices 03-16-2010
A U.S. appeals court on rejected claims that the children's clothing company Carter's Inc deceived customers by posting in their stores suggested prices that might be higher than what their products normally sell for. |
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Nike, PSG soccer club on trial over transfer deals 03-16-2010
Sports equipment maker Nike and French soccer club Paris Saint-Germain faced trial in Paris on charges of hiding payments to attract top players, including Nicolas Anelka and Gabriel Heinze. |
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American Eagle, free of Martin, takes on rivals 03-15-2010
American Eagle Outfitters Inc eradicated a drag on its stock with a decision to kill its struggling Martin + Osa chain, but increasing competition may now give investors pause. |
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London's Carnaby Street marks 50 years since Swinging 60s 03-15-2010
London's Carnaby Street, a potent symbol of the Swinging Sixties where the Beatles, the Rolling Stones and Jimi Hendrix hung out, is marking 50 years as a style icon -- and looking to the future. |
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European shares extend gains after US retail data 03-15-2010
European shares extended gains in afternoon trading after data showed sales at U.S. retailers rose unexpectedly in February despite a drop in vehicle purchases and inclement weather. |
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India gold buying extends for second day 03-15-2010
India gold buying continued for a second day ahead of an upcoming festival and wedding season as prices stayed in the vicinity of their two-week lows prompting traders to stock more, dealers said. |
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African textile exports to US drop on uncertainty 03-15-2010
African apparel exports to the United States under a preferential trade arrangement have fallen in the last few years as the expiry date for the deal draws closer, a regional industry body said. |
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Egypt's Alcotexa sold 3,155 tonnes of cotton last week 03-15-2010
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,155 tonnes of cotton in the week that ended on March 13, an Alcotexa official said. |
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Phillips-Van Heusen to buy Hilfiger for $3 billion 03-15-2010
Apparel company Phillips-Van Heusen Corp said it will buy fashion brand Tommy Hilfiger in a cash and stock deal for about $3 billion in a bid to boost its presence in markets like Europe and Asia. |
