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Versace Takes a Break From Japanese Retailing

The Italian house shutters its stores and rethinks its strategy for the market.

Retail Shares Leap

Retail stocks continued to rally Tuesday morning, rising 1.9 percent in the first two hours of trading.

NRF Sees Holiday Sales Sliding

NRF predicts holiday sales will decline 1 percent this year, which would be an improvement upon last year’s 3.4 percent drop.

Retail Stocks Advance 1.4 Percent Monday

S&P Retail Index rose 4.95 points yesterday, with department stores leading the retail pack.

Daily Stock Wrap: October 05, 2009

The day's top gainers and losers.

Charles Townsend

Closing Four Titles, Condé Nast Reshapes in New Era

After news that Gourmet, Cookie, Modern Bride and Elegant Bride would close, ceo Charles Townsend stressed Condé Nast wouldn’t close any more titles.

Minoli Exits Pomellato

Andrea Morante will succeed Francesco Minoli as ceo of luxury jewelry firm Pomellato.

Retail Stocks Dip Last Week on Uncertain Recovery

S&P Retail Index ended down 0.8% Friday, 1.3% for week.

Sally Beauty Unit Buys Schoeneman

Sally Beauty Holdings Inc. buys the privately held beauty products distributor for $61 million.

Bewkes Says Time Inc. Not for Sale

Jeff Bewkes, Time Warner Inc.’s chief executive officer, put to rest rampant rumors the media conglomerate is looking to get out of the magazine business.

Dept. Stores Cut Jobs In September

Retail employment levels remained lean as the U.S. economy continued to shed jobs.


Uniqlo Comps Rise 31.6% in Sept.

Spike in Uniqlo comps comes just before this week's launch of the +J collection by Jil Sander.

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