Word: quarterly
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...analysts scan the landscape they see a virtual Who's Who of battered luxury chains. "Saks and Neiman's sales are horrendous. Tiffany was down 27% in U.S. same-store sales last quarter, Bulgari was down 21%, Harry Winston sales were down 49%, and [LVMH Moet Hennessy] Louis Vuitton down 23%," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consulting and investment banking services firm. "If you look at Madison Avenue, it's a ghost town in terms of store closings. It's an absolute disaster." (Read "How Consumers Shop Differently Today...
...successful transition game was another key aspect of Harvard’s victory. Tallying four goals off of breakaways or odd-man rushes, the team capitalized on several easy scoring opportunities. Atkinson was responsible for two of these, scoring twice in the first two minutes of the second quarter. 30 seconds into the period, the captain harnessed a long pass from the Crimson end and tossed a soft lob over the head of the MIT goalkeeper and into the net. Just over 30 seconds later, he struck again, taking a feed from Balaraman and burying it in the back...
...along on the road to recovery and in many ways is in a stronger position than its longtime rival GM. While Ford's senior executives say the company won't reach sustained profitability until 2011, the company surprised analysts by posting net income of $2.3 billion in the second quarter and followed that with healthy sales increases in July and August thanks to an assist from the federal cash-for-clunkers program. For its next sales boost, Ford is counting on a marketing blitz, which will be well in evidence in the days ahead, as Ford is a primary sponsor...
...Diversify Japan Inc. Japan must finally abandon the script it followed to become an industrial superpower. The global economic crisis has exposed the country's overdependence on its manufacturing-for-export model. GDP in the first quarter plunged a staggering 15.2% as demand evaporated for cars from Toyota, Honda and Nissan and for high-end electronics from Sony and Panasonic. Japan can no longer expect economic growth to be generated almost exclusively by a handful of powerful multinational manufacturers. Increased domestic consumption as well as investment in small- and medium-sized enterprises are needed to help drive economic growth. This...
...player and we didn’t do a good job of neutralizing him.”NO. 16 SANTA CLARA 18, HARVARD 6The Broncos came out strong and refused to let up on Sunday morning. The Crimson held Santa Clara to a 4-2 lead after the first quarter, but would never pull closer, as the Broncos demonstrated why they are ranked among the nation’s top 20 teams.“Against Santa Clara we were playing a very good team,” Atkinson said. “The team fought hard, but it wasn?...