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11/06/2009 Newsletter N°169
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October retail sales fall short
U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations.
Decision on Escada sale by end of the week
Bidding for insolvent German luxury fashion house Escada is in its final stages and a decision is expected by the end of this week, two sources familiar with the matter said.
Hip Pakistan snubs Taliban at glamorous fashion week
Bare shoulders, backless gowns and pouting models are wowing Pakistan's glitterati as Karachi fashion week shows the world a different side of the Taliban-troubled nation.
Luciano Soprani - Spring Summer 2010
Womenswear - Milano - Watch catwalk



Under Armour in deal with mixed martial arts star
Under Armour Inc signed a multiyear deal with a top mixed martial arts fighter to endorse its underwear and other products, moving the athletic clothing and shoe maker into one of the world's fastest growing sports.
K-Swiss posts narrower-than-expected third quarter loss
Athletic-shoes maker K-Swiss Inc reported a narrower-than-expected third-quarter loss as it scaled down inventory and controlled costs, and forecast a smaller 2009 loss.
Children's Place October comp sales beat estimates
Children's Place Retail Stores Inc posted a smaller-than-expected dip in October same store sales and topped Wall Street estimates on third-quarter sales, sending its shares up 8 percent in pre-market trade.
Gymboree third quarter same-store sales disappoints Wall Street
Gymboree Corp posted a bigger decline in third-quarter same-store sales than what the market expected, but the children's clothing retailer raised its third-quarter profit view for the second time in two months.



Abu Dhabi Fashion Expo Arabia, between tradition and modernity
Abu Dhabi welcomed more than 550 fashion brands that came “to do business” with fashion industry players in the region at the first edition of Fashion Expo Arabia,a blend of tradition and modernity.



Australia retailers David Jones, Myer first quarter sales rise
Myer Holdings Ltd and David Jones Ltd, Australia's top two department store chains, are poised to gain from a strong Christmas sales period but face headwinds of rising interest rates.
Truworths 18-week sales up, sees tough 2010
South Africa's biggest clothing retailer Truworths International Ltd posted a rise in sales, but said trading conditions would remain tough in 2010 as consumers reign in spending.
UK retail sales to dip in 2010 after flat December
British retail sales will be flat over Christmas and will fall 1.5 percent in 2010 as rising unemployment and taxes take their toll on consumer spending, business advisory firm Deloitte forecast.
Foschini first half profit up, sees tough second half
South African retailer Foschini Ltd posted a rise in first-half profit, but said the first five weeks of its second half had been tough, sending its shares lower.
Costco same-store sales top estimates
Costco Wholesale Corp reported a 5 percent increase in October same-store sales, helped by a weak U.S. dollar that helped push up international sales.



Signet third quarter sales down, says trend improving
Retailer Signet Jewelers reported improving trends in the third quarter of its financial year, but underlying sales were still down, and it warned the trading outlook remained uncertain.



Unilever reports one-third profit drop but sales upturn
Anglo-Dutch food and cosmetics giant Unilever reported a third quarter net profit drop of 35 percent to 1.1 billion euros even as sales volumes grew in "challenging" market conditions.



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