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LVMH Report Signals Luxury Rebound?

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Paris–This week’s strong first quarter showing by LVMH Moët Hennessy Louis Vuitton is fueling speculation that the “austerity chic” has ended for affluent consumers. When LVMH, the world’s leading luxurygoods conglomerate reported that its first-quarter revenue exceeded expectations, hitting 13% over the same period last year, many analysts project that …

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Latest Zagats Shopping Guide Shows Shifting Shape of NYC Retail

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New York–The shape of fashion retailing in New York is ever-shifting, and Zagat’s 2010/11 New York City Shopping survey, released today, shows where things stand today for 2,345 of the city’s top retailers, including 124 important additions selling everything from electronics and vintage clothing to jewelry and home furnishings. Keeping …